It is very basic economics 101. Just cutting spending doesn't reduce debt without also investing in future growth.
As Congress struggles through one budget crisis after another, it is becoming increasingly evident that austerity doesn't work. We cannot possibly pay...
The European sovereign debt crisis remains a serious threat, but not because a collapse of Greek, Spanish or Italian debt would infect confidence in U.S. Treasuries. The real issue is that such a crisis would threaten the solvency of many major French and German banks.
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
The only difference between Americans and Greeks right now is that the Greeks have turned their streets into war zones to protest the aforementioned injustices, while we're all watching the NFL.
Small businesses now must make some assumptions about policy decisions and move forward. They are too important to the country's economic recovery to remain in limbo.
WASHINGTON — Two weeks before a U.S. election focused on the economy, the Federal Reserve said Wednesday that its help is still needed to increa...
We were fortunate enough to speak with the well-known economist Ed Dolan on various energy and economic issues. Ed writes the popular economics blog Ed Dolan's Econ Blog.
SAN FRANCISCO, Oct 15 (Reuters) - The U.S. Federal Reserve is looking for a steeper decline and stronger economic growth before it will stop its lat...
It will not achieve those things because it consists of no more than an asset swap on bank balance sheets. It will not get dollars to businesses or consumers on Main Street. So what is the real purpose of this exercise?
If Ben Bernanke was unhappy to see inflation rear its ugly head, depositors in savings accounts, money market accounts and other bank products should give him company in his misery. If inflation is here to stay, it would add an ugly new wrinkle to an already troubled economy.
What we have here is a failure to communicate. Poll after poll shows that voters are concerned most of all about jobs and the economy. Yet in Washington and on the campaign trail, attention has turned to deficits and how to get our books in order.
An injection of money into the pockets of consumers would actually be good for the economy, but QE3 won't do it. The Fed could give production and employment a bigger boost by using its lender-of-last-resort status in more direct ways than the current version of QE.
One of Mitt Romney’s top economic advisers says that the Federal Reserve’s aggressive move last week may be more like a drop in the bucket. Th...
OLDSMAR, Fla. -- Republican Vice Presidential candidate Paul Ryan thinks the Federal Reserve is making a mistake in its new effort to prop up the econ...
The most direct way to create jobs, the only surefire way to be sure stimulus will work, is direct job creation. But we live in a dark age where any fiscal policy to create jobs is viewed as European socialism, despite the fact that Europe's even more austere than we are.
Probably the most convincing evidence that Quantitative Easing works is the revival of housing sector. Economists agree that the collapse of housing values is a major deterrent to consumer spending. Housing could finally begin to recover this year.
Right now quantitative easing is masking the true cost of the deficit, and even worse puts the Fed in the political role of making fiscal policy.
Everyone’s favorite CEO with an unfortunate haircut has some things he would like you to know about the Federal Reserve and its decision to use mone...
FAIRFAX, Va. -- A top adviser to Mitt Romney on Thursday criticized the Federal Reserve's decision to launch a third round of quantitative easing. ...
The Fed just hit the economy with a double-barreled blast of stimulus. The Federal Reserve on Thursday announced a new round of bond buying, with t...
WASHINGTON — American employers cut back sharply on hiring last month, crushing hopes that the job market was improving and putting more pressur...
Slightly better economic growth and stronger housing sales nudged the stock market higher Wednesday. The Dow Jones industrial average managed a four-p...
By Ros Krasny BOSTON, June 6 (Reuters) - The Federal Reserve's second-highest official on Wednesday laid out the case ...
Mitt Romney appeared on CNBC Friday afternoon to trumpet the need for a change in the White House, using the latest dismal jobs report as his rallying...
