Economy - Most Recent

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ECB actions similar to the Fed's in 2008

Dec 1, 2011
There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.
Posted In: European Central Bank, Europe debt crisis, subprime

PODCAST: Super Mario II

Dec 1, 2011
Markets are finally smiling again following the news yesterday that coordinated action will be taken by the world's central banks to ease credit and increase liquidity. In Illinois, state lawmakers have rejected a bill that would have offered millions of dollars in tax breaks to keep the Chicago Mercantile Exchange from leaving the state. And some economists say long-term benefits help the unemployed avoid reality.
Posted In: European Central Bank

Generations of housing red tape

Dec 1, 2011
On the Pine Ridge reservation, buying a home can take decades, even if you have the money.
Posted In: Housing

PODCAST: Central banks join forces

Nov 30, 2011
The European debt crisis spreads to American banks. The National Labor Relations Board could speed up the process for elections. In light of recent scandals, universities are taking a closer look at candidates before hiring them on. And the end of Napster has finally come.
Posted In: European Central Bank, Federal Reserve, credit crunch

'Light at the end of the tunnel' for poor job market

Nov 30, 2011
Paul Ashworth of Capital Economics explains why the nation's current employment measures, while not stellar, are positive signs for the future.
Posted In: Jobs, Unemployment

Reich: Extend the payroll tax cut

Nov 30, 2011
The American economy is sagging. Job growth is at a standstill. So how do we kickstart the economy?

Extend the payroll tax cut

Nov 30, 2011
The American economy is sagging. Job growth at a standstill. So what's the best way to kickstart the economy?
Posted In: payroll tax, bargain

Ben Bernanke in a Humvee: Why the Fed bailed out Europe

Nov 30, 2011
To better understand why central banks around the world today said they would "inject liquidity" into the global markets, you might imagine the global economy as a highway
Posted In: liquidity, Federal Reserve, Europe debt crisis

Standard & Poor's downgrades major U.S. banks

Nov 30, 2011
Pressure builds in Europe as clear signs begin to show that a default there would hit the U.S. banks hard.
Posted In: banking, Standard & Poor's, downgrade, Europe debt crisis

Private sector gains offset by continued government layoffs

Nov 30, 2011
John Challenger of Challenger, Gray & Christmas speaks about his company's November jobs numbers, which show some signs of improvement
Posted In: Jobs, unemployment, federal government

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