Economics

Chairman Bernanke's testimony today underscored the fundamental lack of sustainability of the growing federal budget deficit, while simultaneously...

Yes, today’s employment news from May is disappointing – even though there are some encouraging signs. Let’s start with the bright side: the...

Today's May jobs report was a surprise to many economists, who had expected stronger private sector gains. Government-hired Census workers accounted...

Jeanne Sahadi wrote for CNN today on the sometimes-overlooked short-term perils that the growing US debt could create, and how they affect the average...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: In light of Obama advisor Larry Summers’ recent speech on the...

You might have missed it yesterday, but during the second meeting of the National Commission on Fiscal Responsibility and Reform, IMF Director of...

The OECD (the Organization for Economic Cooperation and Development, the Paris-based think tank for the 31 richest countries) released its twice-a...

Larry Summers gave a very interesting and thoughtful talk in Washington recently (May 24). But it was delivered in High Oracular Econospeak, so many...

Princeton's Alan Blinder says the bond market vigilantes are back; in Europe for now, but they'll be coming here soon. The bond vigilantes, for those...

Throughout the week, U.S. financial markets continued to be dominated by a global market “flight to quality” in response to perceived EU policy...

U.S. markets continued to be dominated this week by the continuing roller coaster ride from the Greek (and eurozone) debt crisis. More positive U.S...

It wasn’t enough that we had a lot of impressive economic news this week (including today’s solidly positive employment numbers – even though...