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Congress' next trick: Pull jobs out of a hat Lawmakers are on the hot seat to spur job growth. Princeton economist Alan Blinder said a payroll tax holiday "probably will induce some hiring" but not necessarily enough to justify...
Senate Majority Leader Harry Reid D-Nev., speaks after the U.S. Senate voted to begin debate on legislation for a broad healthcare overhaul at Capitol Hill in Washington on Saturday, Nov. 21, 2009, as Sen. Tom Harkin, D-Iowa...
Questions arise over how to pay for Afghanistan war Kansas City Star Abraham Lincoln levied the country's first income tax to help pay soldiers and buy rifles for the Civil War. Franklin Roosevelt raised taxes as well, to help...
Dar Es Salaam — THE Bank of China has started negotiations with the Tanzania Investment Bank to help it develop credit line for farmers. "The TIB will soon start borrowing a leaf from the Chinese Bank on the best practices of...
The economic policies implemented by President Barack Obama's economic team are at a crossroads. Last week, Federal Reserve Chairman Ben Bernanke, in a speech described as gloomy, at the Economic Club of New York, identified...
While Pundits Play “Gotcha,” the Unemployment Situation Improves The best measure of the current condition of the labor market is the state unemployment insurance data. These data are not samples or surveys with guesstimates of...
Volume in the credit default swap market for rich countries has soared and so have credit spreads, according to a recent Financial Times story, while volume in emerging markets CDS has stagnated. In other words, traders are...
Interview by Jean-Claude Trichet, President of the ECB with with Het Financieele Dagblad, The Netherlands, conducted by Cor de Horde and Klaas Broekhuizen on 16/11/2009 and published on 25/11/2009 News article European banks...
Nov 25, 2009 (Treasury Department Documents and Publications/ContentWorks via COMTEX) -- SUMMARY: Pursuant to Section 11 of the Debt Collection Act of 1982, as amended (31 U.S.C. 3717), the Secretary of the Treasury is...
Two days from now is "black Friday," the number one, busiest shopping day of the year. True, but as the Congressional Budget Office has reported, the trajectory of administration spending and revenue is pushing the annual...
