Economists from 28 firms offered estimates about the jobs plan to Bloomberg News. They disagreed on how effective it would be – and the cost could be high.
US government has reached the debt limit set by Congress, Treasury's Tim Geithner said Monday. Treasury has ways to keep paying the nation's bills until August. All eyes are now on Congress.
In the last three months of 2010 consumer spending reached its highest rate since early 2006. Spending should cool a bit, but the report is a positive sign for the economic recovery.
Even economists don't fully understand the complicated global economy. .