“Initial” unemployment claims declined 23,000 to 381,000 from last week, while “continued” claims declined by 174,000.
Payroll tax deduction would divert crucial funding from Social Security, some worry. But the payroll tax legislation was specifically crafted to protect the fund.
What a stuffed panda named Gerard can teach economists
The average rate for a 30 year fixed rate mortgage declined 3 basis points to 4.08 percent since last week while the purchase application volume increased 8.3 percent and the refinance application jumped 15.3 percent over the same period.
The President’s Kansas speech was the most important economic speech of his presidency in terms of connecting the dots, laying out the reasons behind our economic and political crises, and asserting a willingness to take on the powerful and the privileged that have gamed the system to their advantage.
China may be trying to shake its reputation as a "green villain"
The current debate over extending the payroll tax cut well demonstrates that policymakers often mean different things when referring to policies that “help” or “expand” the economy.
Printing your photos at home is only slightly cheaper than getting them developed at the pharmacy, but home printing is far more convenient
Inflation isn't as good for debtors as is commonly assumed, but it's unequivocally bad for creditors whose investments lose value proportionate to inflation.
The Making Work Pay tax credit was far more effective than the 2011 payroll tax cut which replaced it, and the economy could use the boost a bulked up MWP would provide