Topic: U.S. Economy
Milton Friedman warned that high inflation would only worsen unemployment. Countries on both sides of the Atlantic are proving him right.
05/14/2010 12:35 pm
President Obama told a town-hall meeting in Buffalo, N.Y., that the US will need to rein in its deficit soon, and that could include 'hard decisions' on tax reform. But he opposes the flat tax.
05/13/2010 06:58 pm
College students are graduating with more debt than ever before. Is it morally right to allow graduates to start their lives immersed in debt?
05/13/2010 11:15 am
Metals like gold and silver have become a core holding for more investors as they focus on the risks that lie in sovereign balance sheets. The gold price was as high as $1,245.80 per ounce Wednesday.
05/12/2010 07:29 pm
The Greek bailout package sets the stage for far greater problems down the road.
05/12/2010 12:55 pm
Regulators tell Congress they're moving to erect new stock market 'circuit breakers' to pause trading when individual stocks fall quickly.
05/11/2010 08:57 pm
The Federal Reserve has argued that it needs to be above politics. But Senators disagreed Tuesday, saying they want to know who the Fed helped during the financial crisis.
05/11/2010 06:39 pm
Lawmakers are pledging to end bailouts in the financial reform bill that the Senate is considering now. But many experts say bank bailouts can and will occur again.
05/11/2010 06:29 pm
The EU has pledged $1 trillion in an attempt to stem its spreading debt crisis. The US is reopening its swap line with the ECB to support a once again fragile international banking system.
05/11/2010 12:06 pm
Fannie Mae announced a $11.5 billion quarterly loss Monday. The mortgage giant's continued poor performance has added urgency to the question of how – or whether – it should be saved.
05/10/2010 03:51 pm