Economy

Last month, we reported the positive developments that were happening with the major players--GM, Citigroup, and AIG--still left in the Troubled Asset...

Over the past week, interest rates on the benchmark 10 year Treasury bond rose. Key drivers were: less safe haven demand for US government instruments...

Can Dreams of Cooperation be Fulfilled? – Yesterday the nation celebrated the legacy of Dr. Martin Luther King, Jr. His vision of unity and...

The Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...

Nearing the end of the week, markets are still wrestling with the same cross-currents they faced last week, but with a new wrinkle - Spain. The growth...

With the Senate getting past a procedural vote in approving the tax deal, it appears more and more likely that this deal will soon become law. With...

Markets this week have been dominated by the White House announcement of a fiscal package deal with Republican Congressional leaders that would add...

Last week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...

Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...

After the addition of the Fiscal Commission to the Announcement Effect Club last week, Steven Pearlstein of the Washington Post kept the membership...

Today, the Center for American Progress released a plan to get specific on our growing deficits and debt. Or, rather, they've released five...

What a week it’s been. Just look at the ups and downs of the yield on the benchmark 10-year Treasury note. The week started with the safe haven play...