The Congressional super committee was recently tasked with cutting $1.5 trillion of the federal budget. Now, President Obama will unveil his ideas for cutting even more money.
The super committee tasked with cutting over a trillion dollars from the Federal budget may seem like it has an impossible task at hand, but $1.2 trillion is not much in the grand scheme of Washington spending.
Despite the ongoing economic turmoil, stocks were actually up this week. Jill Schlesinger explains why Europe is like a patient — we can give it medicine, but we haven't cured the disease.
After growing fears this week about a Greek default, leaders today are now saying there is reason to still have confidence in the financial system. But has anything really changed?
The global economy we live with today means that when Europe hurts, we all hurt. But developing nations like Brazil are hit much less hard these days than the U.S.
