U.K. Prime Minister, Theresa May says the government is focused on building a strong economy that works for everyone. » Read More
Chris Whalen, Executive Vice President and MD, Carrington Investment Services says Americans have the right to own firearms but they must take strict safety precautions about their usage.
Pu Yonghao, Regional CIO, APAC, UBS Wealth Management says there weren't any arrests during the latest protests against censorship in China. He says this could be seen as a move towards more openness to political reforms.
The New York Post reports today that welfare recipients used electronic bank transfer cards to take out case for strip clubs, liquor stores and x-rated shops. Larry Elder, author of "Dear Father, Dear Son," provides perspective. "The real elephant in the room is why are so many people on food stamps and welfare," says Elder.
George Buckley, chief UK economist at Deutsche Bank, tells CNBC that the UK is off schedule on its austerity plan because the levels of growth were overestimated.
Is America on the path to welfare and government dependency, or is there a future of free market capitalism? Larry Elder, author of "Dear Father, Dear Son," and radio talk show host, discusses the impact of the U.S. depending on the government.
It’s a cynical question. But I wouldn’t put it past that cynical bunch.
A new study from the Congressional Research Service finds that federal spending on welfare has increased 33 percent since 2008. Larry Kudlow is outraged!
CNBC Contributor Robert Costa weighs in on the Romney Camp's efforts in Florida today; and a CRS report says the Federal and State Governments combined have spent almost $1.03 trillion on welfare, with Douglas Holtz-Eakin, American Action Forum president, and CNBC Contributor Jared Bernstein.
Hundreds of thousands of public sector workers have received pay increases despite George Osborne’s “pay freeze,” announced in mid-2010, the Financial Times reports.
As the euro zone debt crisis deepens and austerity measures take their toll across Europe, the number of young children and babies abandoned across the region has increased, according to local charities.
With his first Bastille Day approaching on Saturday, François Hollande and his government have had a good start to his presidency, impressing the French with a down-to-earth style, the New York Times reports.
Plans by the chancellor to take £10 billion a year, or almost £1 in £20, out of the welfare budget are being openly resisted by the department for work and pensions in the first sign of government infighting over the coming spending round.
The United States faces a "true revolution" in the choices it will have to make to secure its fiscal future now that the welfare state has run up against a "brick wall of economic reality", former Federal Reserve Chairman Alan Greenspan said on Wednesday.
Workers claiming state help with childcare and housing costs will be expected to seek longer hours, or risk sanctions that could include loss of benefits or a requirement to undergo training, in a radical shift in Britain’s welfare system, the Financial Times reports.
Britain’s ruling coalition is to modify its plan for a rigid £26,000 annual cap ($42,190) on the total benefits that can be claimed by any household, amid fears it could force thousands of poor families out of their homes in London, the FT reports.
To get an idea of which states pay out the most welfare checks, the National Conference of State Legislatures (NCSL) surveyed state governments. what are the biggest US welfare states?