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The National Labor Union (NLU), founded in 1866, was the first national labor federation in the United States. It was dissolved in 1872. The regional Order of the Knights of St. Crispin was founded in the northeast in 1867 and claimed 50,000 members by 1870, by far the largest union in the country.
January 20, 1997 — President Clinton and Vice President Gore begin their second terms. 1997 — Sparked by a global economic crisis scare, the Dow Jones Industrial Average follows world markets and plummets 554.26, or 7.18%, to 7,161.15. 1998 — In the 1998 United States elections, the Republicans hold both the House and the Senate.
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a rising unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% of non-farm ...
1951. Political philosopher Francis Wilson in The Case for Conservatism (1951) defines conservatism as "a philosophy of social evolution, in which certain lasting values are defended within the framework of the tension of political conflict. And when given values are at stake the conservative can even become a revolutionary."
The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
While the "marriage" didn't last, it was biggest corporate merger in history at the time. 2006: America Online drops its old name to officially become AOL and no longer charges for email services ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per ...
The economic history of the United States is about characteristics of and important developments in the economy of the U.S., from the colonial era to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy.