Economic

White Firefighters Win Closely-Watched Employment Case

This is the VOA Special English Economics Report.
The
United States Supreme Court began its summer break this week. One of the last
decisions of its term will likely cause employers to take greater care in how
they choose workers to promote.
The
case involved tests that the city of New Haven, Connecticut, gave to firefighters
in two thousand three. Minorities were [...]


Driven by a Business Plan, but How Far Will It Get You?

This is the VOA Special English Economics Report.
A
business plan, in the words of the Small Business Administration in Washington,
is a tool with three basic purposes. As a communication tool, it can show possible
investors how well you have considered your ideas. As a management tool, it can
list goals and ways to measure progress. And as a [...]


Obama Seeks Reforms in Financial Supervision

This is
the VOA Special English Economics Report.
On
Wednesday, President Obama proposed major changes to rebuild government supervision
of the financial industry.

President Obama announces his plan at the White House

BARACK
OBAMA: “So today, my administration is proposing a sweeping overhaul of
the financial regulatory system, a transformation on a scale not seen since the
reforms that followed the Great Depression.”
The [...]