Category: Economics

For a few brief moments today, the CNN top story was that the Obama administration officially announced a $1.42 trillion deficit in fiscal year 2009. While perhaps not news …

From Rex Nutting at MarketWatch: U.S. banks are reducing their lending at the fastest rate on record ... According to weekly figures provided by the Federal Reserve, total loans …

According to Bloomberg News yesterday: (emphasis mine) U.S. foreclosure filings climbed to a record in the third quarter as lenders seized more properties from delinquent borrowers, according to RealtyTrac …

According to the NY Times (emphasis mine): Businesses that got stimulus contracts directly from the federal government reported creating or saving 30,383 jobs so far, according to data published …

I keep hearing a certain phrase in reports on the economy, and it has been grating on me every single time. And I finally figured out just why it …

I remember when she asked that. It was back in late 2003. I included the quote and the context in my column at American Issues Project today.In late 2003, …

I have been laid off three times from jobs. Oddly or not, all three times came when a Democrat was President. The most recent condition came a couple weeks …

I've set up shop her at the Defending The American Dream Summit held in DC by Americans For Prosperity. There are great people all over the place and there …

Here are some highlights from the unemployment data released today: WASHINGTON (MarketWatch) -- The U.S. labor market weakened in September as 263,000 payroll jobs were lost and the unemployment …

We knew the economy would continue to deteriorate, but it is still difficult to read numbers like this: U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the …