The Federal Fiscal Issue in One Chart
The federal budget is a confusing document. So we break it down for you in one chart.
E-Commerce Surge May Hit Tax Revenue
The Commerce Department reported e-commerce retail sales totaled $44 billion in the fourth quarter last year, up from $38 billion a year earlier. Great for online retailers, but not such good news for state and local governments.
Fed Emergency Programs Generated $13 Billion Profit
Research published by the New York Fed found emergency programs helped generate $13 billion in profit. Among the biggest positive contributions came from the Fed's swap arrangements with foreign central banks.
The Paris G20: Made in China
Whether intentional or not, the official "G20" bag that the French organizers gave all reporters seemed to offer a reminder of tensions at the meeting.
Worried About U.S. Debt? Shiller Pushes GDP-Linked Bonds
The concept of bonds tied to economic growth can be fraught with controversy, more evocative of a debt-plagued developing economy teetering on the brink of insolvency than a rich country that usually has no problems tapping capital markets.
Barney Frank on Hank Paulson — In Writing
Look who has written a forward to the paperback edition of former Treasury Secretary Hank Paulson’s book on the financial crisis: Barney Frank, the Massachusetts Democrat who worked closely with Paulson during the financial crisis as then-chairman of...
Dissent Won’t Stop QE2 From Being Completed
Meeting minutes from the Federal Reserve's late January policy meeting indicate the central bank's bond-buying program will almost certainly run its full course.
What Exactly Is a Green Weenie Anyhow?
Former Sen. Simpson dredged up the term “green weenie” in an interview the other day on the budget deficit, sending reporters and bloggers scurrying for definitions.
Geithner: Chinese Inflation Helping U.S. Compete
Geithner told lawmakers that growing price pressures in China would help U.S. competitiveness because companies now have to factor in rising costs when deciding whether to invest in China.
Ed Glaeser Talk Cities on the Daily Show
Harvard University economist Ed Glaeser braved the Daily Show last night to extol urbanization and his new book "Triumph of the City."
Secondary Sources: Keynesian Politics, Egypt’s Economy, Unemployment
A roundup of economic news from around the Web.
Slowing Labor Force Growth Means U.S. Needs Big Productivity Gains
Without a big productivity boost, the U.S. may be heading for decades of stagnation.
