Economy - Most Recent


Federal Reserve likely to end bond-buying spree

Apr 25, 2011
The Fed is likely to signal a shift from its easy-money policies. What could that mean for mortgage rates, share prices and the economic recovery?

Report: Obama officials asked S&P not to downgrade outlook

Apr 20, 2011
According to a report today from the Washington Post, the Obama administration privately urged Standard & Poor's not to lower its outlook on the United States. Richard DeKaser, with the Parthenon Group in Boston, explains.

Foreign investors look at U.S. debt ceiling debate and shrug

Apr 15, 2011
At the G20 meetings today, Treasury Secretary Tim Geithner will work to reassure foreign leaders that U.S. politics don't threaten the global recovery.

CBO cuts budget cuts down to real size

Apr 14, 2011
According to the CBO, the deal to cut this year's budget by $38 billion looks more like $352 million when you do the real math.

Raising debt ceiling could have strings

Apr 14, 2011
Now that we have Republican and Democratic deficit plans, lawmakers in both parties are saying they might link mandatory cuts in spending to raising the debt limit.

Obama comes out with deficit plan

Apr 13, 2011
The President said tax increases, rejected by Republicans, must be part of a plan to reduce U.S. deficit.

Obama expected to counter Republican budget plan

Apr 13, 2011
President Obama today will speak on his plans for reducing U.S. debt. He is expected to announce cuts to entitlement programs and tax increases. Economist Richard DeKaser explains.

Analysts hope for specifics in Obama's budget plan

Apr 13, 2011
Today President Obama will release his plan to reduce the long-term deficit. After critics called the last budget vague, economist Mark Zandi from Moody's Analytics is looking for specifics.

Obama to lay out deficit reduction strategy

Apr 13, 2011
Later this morning, President Obama will outline his plans for reducing the long-term deficit. The proposal is expected to focus on cuts to entitlement programs and tax increases.

Just what was cut from the 2011 budget?

Apr 12, 2011
Details of last week's budget battle are trickling out this morning. The budget agreement, reached on Friday, cut federal spending by $38 billion and avoided a government shutdown.