As the rule of Col. Muammar Gaddafi in Libya seems to near an end, the country could start producing oil again. But will it be enough to knock prices down?
Some of the pressing narratives in this current climate are job creation, government debt, the U.S. place in the global economy. So how do we get the American economy working again?
During economic turmoil, the government calls on its citizens to do their part by spending in order to help boost the economy. Is that the right tactic?
Irresponsible spending and not enough saving is what contributed to the financial crisis. More Americans are now saving and spending less, but that may have a negative impact on economic growth. So what are we to do?
Bank of America announced 3,500 layoffs today, with thousands more on the way. Professor Perry Mehrling of Barnard College explains why the layoffs signal tough times ahead for the banking industry.
Fears of recession have been blamed for the market slump this week. But household debt and other economic indicators are still much stronger than during the recession a few years ago.
