Our family thought that Dad had left his estate in great shape when he passed away more than two years ago. But his bank-dominated stock portfolio got whacked almost immediately, and now we're helping our mother fix it. One issue: Her full-service broker, who takes a hefty 1% commission on stock sales and another 1% on stock purchases.
Dominick Dunne, the former Hollywood producer and best-selling author known for his Vanity Fair essays on the courtroom travails of the rich and famous, died Wednesday in New York city after a long battle with cancer.
CNN's Mary Snow takes a look at the remaining contenders for the New York senate seat vacated by Hillary Clinton.
President-elect Barack Obama's choice for labor secretary, California Rep. Hilda Solis, promised to "improve the opportunities for hardworking families" as she began her confirmation hearings on Friday.
About $50 billion in adjustable rate mortgages reset this month, driving interest rates up for many borderline borrowers. And despite efforts to raise awareness, it doesn't look like anyone is really prepared for what's to come.
The Teamsters Union said Wednesday it will ask a federal appeals court to block the Bush administration's plan to allow Mexican trucks to carry cargo anywhere in the United States.
There's a good reason why Democratic candidates court the support of organized labor.
The bipartisan immigration bill that could allow citizenship to an estimated 12 million undocumented immigrants in the United States will run into bipartisan opposition in Congress.
In a sunlit office overlooking Dupont Circle in Washington, D.C., union leader Andrew Stern, 55, is sipping coffee and holding a midmorning meeting with a few top aides. The subject is a study on t...
After a five-week summer recess, one of the House of Representatives' first items of business was a vote on a bill to ban horse slaughtering in the United States.
The AFL-CIO announced Wednesday it will spend $40 million on get-out-the-vote operations for the midterm elections in an effort to try to drive congressional Republicans from power as well as win governorships in 21 states across the country.
A tour boat that sank to the bottom of New York's Lake George Sunday, killing 20 elderly passengers, did not have enough crew on board, authorities said Monday.
Another large union decided to leave the AFL-CIO Friday, widening a rift that has cost the labor federation more than a third of its members in the past week.
The bolt in Chicago Monday from the AFL-CIO by the Teamsters and Service Employees International Union (SEIU) reflects a long-building reaction to John Sweeney's plans a decade ago when he muscled his way into the labor federation presidency.
The Teamsters and the Service Employees International Union voted Monday to withdraw from the AFL-CIO.
AFL-CIO President John J. Sweeney said in a teleconference with reporters Thursday that the organization is facing financial troubles and may have to lay off 25 percent of its workforce, according to the Washington Post.
The barons of the American labor movement gathered January 10 at the AFL-CIO fortress across Lafayette Park from the White House, with doors closed to the public as usual. The AFL-CIO Executive Committee's agenda prepared by President John Sweeney allotted 30 minutes for reform of the labor federation. But James P. Hoffa of the Teamsters insisted much more time was needed to debate badly needed changes.
There are four Southern primaries today, two with juicy political implications. But the story we're watching most closely today is the awkward reunion of organized labor, which gathers in south Florida to make sense out of a particularly clumsy primary roadshow that left them divided, dispirited and, in some cases, doubting their ability to defeat President Bush.
John Wilhelm knows that soon he'll be playing hardball with hotel owners from Philadelphia to Las Vegas to Honolulu. Contracts with thousands of unionized hotel workers in those and other cities ar...
Doug McCarron, president of the carpenters' union, seems an unlikely savior for Big Labor. After all, McCarron delivered a body blow to the labor establishment in March when he pulled his 550,000-m...
Despite constant talk about the unseemly influence of money on politics, campaign contributions alone don't necessarily determine elections. For example, even though business interests have outspen...
That's John Sweeney, standing outside a tire factory in Des Moines, oddly formal in his signature black suit. It's 5:30 in the morning. A bright half-moon shines down on first-shift workers going i...
You can't blame Douglas Fraser for getting a little excited. "When was the last time anyone from Fortune called about the labor movement?" says the former United Auto Workers president, now teachin...
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