Economy
Latest
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GM Outlook Improves Despite Q3 Losses
Read moreEarly this week, General Motors stated that while it is still experiencing losses, it has stabilized itself enough so that the company can begin...
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High Unemployment Numbers Displayed in Interactive Graphics
Read moreLast Friday, we blogged on new information from the Bureau of Labor Statistics reporting the astonishingly high monthly unemployment rate for October...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The Washington Post criticized the House health care bill because...
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Unemployment Rate Now above 10%, Highest Since 1983
Read moreAccording to the Bureau of Labor Statistics’ monthly report, the unemployment rate made a stunning leap in October from 9.8% in September to 10.2%...
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Over 100 Banks Closed in 2009
Read moreOn Friday evening, the FDIC reported that it has taken over an additional seven banks ( First DuPage Bank, Riverview Community Bank, Bank of Elmwood...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal criticized Congress for attacking...
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Beige Book Results
Read moreToday, the Fed released its latest Beige Book, with each Fed bank reporting on current economic conditions within its district. Reports from Fed...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: In an editorial titled, “ 2.47 trillion dimes,” The Washington...
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IMF World Economic Outlook
Read moreThe IMF has recently released its monthly World Economic Outlook, the IMF’s premier publication on the state and health of both the global economy and...
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Point-Counterpoint: When should we start caring about debt?
Read moreOn the heels of yesterday’s debate in the LA Times, Maya MacGuineas participates in a point-counterpoint today with Dean Baker from Center for...
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September Unemployment Rate and Uncertain Outlook
Read moreTo those watching the economy as it enters into positive territory and the financial markets as they seemed to be getting into gear again, today’s...
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G-20 Summit's Fiscal and Financial News
Read moreIt would be easy to dismiss the recent G-20 Summit in Pittsburgh as just more political babble, more empty business as usual just among more countries...