Economy - Most Recent

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Merkel calls euro debt crisis a 'marathon'

Dec 2, 2011
Germany's leader spoke today, calling for stricter regulations across Europe.
Posted In: Europe debt crisis

Do payroll tax cuts help the economy?

Dec 2, 2011
The Senate yesterday failed to agree on a deal that would extend payroll tax cuts, a key part of President Obama's stimulus
Posted In: politics, Washington D.C., Senate, payroll tax

Unemployment rate drops to 8.6% in November

Dec 2, 2011
The unemployment rate hits its lowest level in two and a half years, but not all the numbers are so rosy.
Posted In: Jobs, Unemployment

The debts of households, companies and governments

Dec 1, 2011
And how they influence a country's GDP.
Posted In: Gross Domestic Product (GDP), GDP

Markets react well to help from world's central banks

Dec 1, 2011
The Dow had its best day in almost three years yesterday following the news that central banks around the world would help ease the credit crunch.
Posted In: European Central Bank, credit crunch, Mario Draghi

Central banks buy European governments more time

Dec 1, 2011
Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.
Posted In: European Central Bank, Europe debt crisis

European leaders must still make drastic changes

Dec 1, 2011
The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.
Posted In: European Central Bank, Europe debt crisis

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

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