The Federal Reserve will announce this week whether it will raise interest rates for the first time in nearly a decade — a highly anticipated decision that has implications for global financial markets and household budgets.
Liberal arts schools are enduring an unrelenting attack in the public media. Critics of higher education rail against the excessive cost of a college education and the high rate of student debt and default. In linking college completion with potential income and job skills, liberal arts majors have fallen prey to the old question of "what can you do with that major?"
It is wishful thinking to believe that the renewal of diplomatic relations with Cuba will lead to removal of the embargo. Only Congress can suspend the Helms-Burton Act — a law that requires a transition to democracy in Cuba, restitution of confiscated property of U.S. citizens and the absence from power of both Castro brothers.
President Barack Obama is expected to soon nominate a successor to lead the Social Security Administration to replace the Bush-era appointee, but the White House is mum on who should take the helm at the nearly 75-year-old entitlement agency that faces voluminous backlogs, potential insolvency and a stack of critics.