Topic: Michael Cosgrove
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.
08/26/2009 01:00 am
Higher US rates signal an economy on the mend, but they could also extend the housing slump and add to the federal debt.
06/02/2009 01:00 am
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.
05/03/2009 01:00 am
Economic activity in the US plunged 6.1 percent in the first quarter of this year, but free-fall in consumer spending stopped.
04/29/2009 01:00 am
Why government spending plus easy money could pull US out of recession by year's end.
02/23/2009 12:00 am
American spending has fallen further in the past six months than it has since 1974.
02/02/2009 12:00 am
In a rare alignment, most of the world's big economies are expected to shrink.
12/17/2008 12:00 am
Nobel laureate Paul Samuelson blames crisis partly on 'fiendish' financial engineering on Wall Street.
10/14/2008 01:00 am
After the biggest monthly rise in consumer prices since 1991, the central bank can't ignore the risks of inflation.
07/17/2008 01:00 am
Emerging markets are helping buoy global growth.
06/03/2008 01:00 am