Economy - Most Recent


Labor unions begin to embrace immigrant support

Apr 29, 2011
Unions in this country have long been hostile to the idea of illegal immigration, but lately the unions have started to see value in encouraging immigrants, both legal and illegal, to join their movement.
Posted In: Immigration

Low interest rates have costs, not just benefits

Apr 26, 2011
As the Federal Reserve meets to affirm its low rate policy, some critics say the economic costs -- lower savings, weaker dollar -- are too high.

State pension systems in an even bigger hole

Apr 26, 2011
The Pew Center on the States releases a report on states' growing retirement bills.

Bernanke embraces glasnost

Apr 25, 2011
Next week, Fed Chair Ben Bernanke will do something no Fed chief has ever done before: at the end of the Fed's policy meeting, he'll stand before the press and answer questions.

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.