Topic: Michael Cosgrove
All Content
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Are higher taxes inevitable?
Obama is in a bind, given his no-tax campaign pledge. But the recession, stimulus spending, and higher interest on national debt are ballooning federal deficits, perhaps to risky levels.
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Brace yourself: Interest rates likely to climb higher
Higher US rates signal an economy on the mend, but they could also extend the housing slump and add to the federal debt.
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Government's role in economy getting too big?
The US may have headed off a deeper recession by investing hundreds of billions into major companies. But it drives up deficits and creates uncertainty among investors.
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Silver lining of shrinking economy: consumer spending up
Economic activity in the US plunged 6.1 percent in the first quarter of this year, but free-fall in consumer spending stopped.
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Stimulus: Can it work like Roosevelt's New Deal?
Why government spending plus easy money could pull US out of recession by year's end.
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In tough times, US consumers forging new behaviors
American spending has fallen further in the past six months than it has since 1974.
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A global trade decline?
In a rare alignment, most of the world's big economies are expected to shrink.
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How economy looks to the man who wrote the book
Nobel laureate Paul Samuelson blames crisis partly on 'fiendish' financial engineering on Wall Street.
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Inflation surge puts Fed in a quandary
After the biggest monthly rise in consumer prices since 1991, the central bank can't ignore the risks of inflation.
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Amid economic slowdown, signs of new world order
Emerging markets are helping buoy global growth.
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What will steady shaky financial system?
Two keys: Stabilize home values while keeping Wall Street calm, analysts say.
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