Economy
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The debate about whether the Congress and the Administration should push through another stimulus bill has gotten uglier. Some of…
Making the rich pay higher taxes is an ancient notion that budget gaps can be filled by forcing a heavy…
The government and most economists say that the recession is over. It ended late last year, in fact. Several recent…
Gross Domestic Product showed another positive figure for the Q2-2010 period but not as good as seen before and a …
The IMF lauded the efforts of the U.S. government to reverse a move of the economy toward depression with stimulus…
Many financial experts and analysts believe that the national debt and high deficits will mean that the federal government will…
The Administration said last week in its mid-year report to Congress that unemployment would remain above 9% until the beginning…
Consumer confidence will go to zero soon if it keeps falling at the current rate. The Conference Board reports that…
There is a fiction mostly written by executive outplacement firms such as Challenger Gray & Christmas that corporate layoffs are…
The Commerce Department announced an improvement in new home sales for June. The figure seemed impressive compared to May, but…
The economy contracted in June, at least according to The Chicago Federal Reserve. The Chicago Fed National Activity Index was…
The White House’s annual Mid-Session Budget Review, sent to Speaker of the House Nancy Pelosi, shows that unemployment will not…
Austerity is not just the antidote for the financial trouble in Europe, says ECB head Jean-Claude Trichet. It is time…
Markit’s Eurozone Flash Services Purchasing Managers’ Index showed an expansion of the EU economy this month that was not expected. …
Ben Bernanke, head of the Federal Reserve, is credited by many people for lifting America and much of the rest…
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