A group of 12 lawmakers will start work soon to cut $1.5 trillion in debt by November. Former Congressman James Bilbray, who served on the Base Realignment and Closure Commission, explains how this commission could make progress on reducing the debt.
Global markets do work together, but as Marketplace's Jeff Horwich reports, conventional wisdom holds that the U.S., by sheer size, tends to lead the way
A group of 12 lawmakers will start work on cutting $1.5 trillion in debt over the next few months. Republican Congressman Dave Camp explains what he plans to do as part of the committee.
Richard Dekaser, economist with the Parthenon Group, says people are concerned about the rising probability of a recession, and perhaps more importantly, that the government's economic policy 'looks a bit rudderless'
Uncertainty in the economy is forcing the price of gold up. The Federal Reserve's pledge to keep interest rates near zero and investor distrust of hard currencies are also to blame.
Economists say one of their big concerns in consumer confidence. But how do you build confidence? The TV psychologist says he thinks Americans need to focus on the important things in life.
New York bureau chief Heidi Moore discusses what S&P's downgrade was really about and how we are going to get substantive economic help out of what's going on
