Articles in Economy
President Barack Obama is challenging Congress to force itself to pay for new spending as it goes rather than sink the nation deeper into a debt, calling it a matter of public responsibility.
Stimulus plan has created or saved 150,000 jobs in its first 100 days.
First Trust Advisors Chief Economist Brian Wesbury weighs in on the NABE survey that forecasts the end of the economic downturn by the end of the year.
Treasury Secretary Timothy Geithner says the U.S. Financial system failed to protect consumers and investors and suggested that the regulatory system will need changes to prevent another crisis in the future.
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FBN’s Rich Edson on the Obama Administration’s announcement to help struggling homeowners with new additions to its mortgage plan.
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Three Chicago billionaires who helped fund President Barack Obama’s election campaign are fighting legislation he backs that would make it easier for unions to organize hotels they own.
President Obama threatened to team up with Congress to protect consumers from hidden credit card company fees and rate hikes.
Chip Reid reports.
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Obama said Cabinet officials already had begun cutting back unnecessary expenditures, including a consulting contract to create new seals and logos that cost Department of Homeland Security $3 million since 2003.
Are the April 15th “Tea Parties” really anti-tax or are they anti-Obama?
In a speech at Georgetown University, President Obama aimed to juggle his glass-half-full take on the economy with a determination to not be stamped as naive or overly rosy in the face of stubborn problems that linger.
AP Business Editor Mark Hamrick reports the nation’s unemployment rate has risen to 8.5 percent, and job losses continue to be steep. See the video here.
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Passage by both House and Senate of companion budget plans gave President Barack Obama and his allies on Capitol Hill a key victory, but the debates also exposed some of the president’s vulnerabilities.
Obama’s Democratic allies …
British Prime Minister Gordon Brown heralded the emergence of a “new world order” Thursday as the G-20 issued details of an “unprecedented” package of measures to tackle the global economic crisis.
France and Germany drew the battle lines tonight ahead of tomorrow’s G20 meeting, demanding stricter banking regulation than that being proposed by America and Britain, and vowing to speak with a united voice at the …
He’s going to make sure your new car from General Motors or Chrysler gets fixed. He’s going to make sure you get health care… And if your town is crippled by the demise of the auto industry, he’ll send a “czar” to protect it. Look out folks, he’s Super Prez!
How will Europe’s leaders receive the President’s ideas on the economy and global safety?
President Obama believes U.S. automakers have not yet achieved a viable restructuring plan and is calling for a “set of sacrifices from all parties involved,” including management, labor, shareholders and suppliers.
A day before his administration …
Now the White House is officially getting in on the near-universal mockery of the GOP budget proposal released Thursday.
In an interview on Bloomberg TV (no link yet), White House budget director Peter Orszag called it …
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