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October 16, 2010

US Economy Is Now Growing: Obama

Send by The Hindu

As a consequence of the steps taken by his Administration, US President Barack Obama said that the US economy is now growing and more jobs are now being [...]

October 17, 2010

`Liquidity Trap' Plagues US, More Stimulus Is Required, Fed's Evans Says

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He said the US economy is in a liquidity trap and more accommodation is not a “close call.” Boston's Eric Rosengren said “insuring against the risk of [...]

October 09, 2010

Nancy Pelosi Says Food Stamps And Unemployment Insurance Will Grow US Economy

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Nancy Pelosi says that food stamps and unemployment insurance will grow the US economy and lift it from the recession that Barack Obama has helped to worsen [...]

October 05, 2010

US Deficit Is 'real And Growing' Threat: Bernanke

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Warning that surging annual deficits presented a "real and growing threat" to the US economy, Bernanke told an audience in Rhode Island that a day of [...]

October 09, 2010

US Stock Futures Decline As US Economy Loses More Jobs

Send by Proactive Investors USA & Cana

up hiring and that may have reprecussions on the broader economy through reduced consumer spending, which accounts for roughly two-thirds of the US GDP. [...]

October 16, 2010

Diesel Gauge Paints Another Bleak Picture Of US Economy

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Index measuring transportation of goods over the road signals decelerating GDP, little hope for job growth. An index that measures the flow of goods in [...]

October 17, 2010

China The Punching Bag In US Election

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China is not the first nation whose economy has hung over US politics. In the 1980s, Japan's financial might and auto industry looked invincible. [...]

October 09, 2010

Job Market Held Back By Struggling US

Send by Globe and Mail

But job growth in Canada will likely remain sluggish as long as the US economy is mired in a slow, grinding recovery where record-low interest rates have [...]

October 16, 2010

CSX Corp's Results Bode Well For US Economy

Send by Investing Daily

Railroads are the US economy's circulatory system, moving imported consumer goods from coastal ports to inland market and goods for export from factories to [...]

October 05, 2010

Global Economy Becoming Immune To US Downturns

Send by theTrumpet.com

According to some Wall Street economists, the world economy will no longer catch a cold when the US economy sneezes. The view of these economists has [...]

October 16, 2010

US Federal Reserve Ponders Acquisition Of Treasury Bonds

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said yesterday that the world's most powerful central bank is prepared to take further steps to bolster the faltering US economy by buying Treasury [...]

October 09, 2010

US Economy Sheds 95000 Jobs

Send by Voice of America

The US economy lost tens of thousands of jobs in September, and the unemployment rate stayed at a high level. There are nearly 15 million Americans out of [...]

October 05, 2010

US Economy: China Holds The Trump Card Not Obama & Congress

Send by US Financial Post

The Chinese own our debt, lend us money and send their excess population here. Posted by Ken Masterson on Oct 4 2010. Filed under Featured, US Economy. [...]

October 05, 2010

The Economy: U.S And World Economic News : NPR


3 Oct 2010 NPR news on the US and world economy, the World Bank, and Federal Reserve. Commentary on economic trends. Subscribe to NPR Economy podcasts [...]

October 16, 2010

FT.com / US / Economy & Fed - Bernanke Hints At Further Stimulus


15 Oct 2010 Ben Bernanke, the Federal Reserve chairman, has delivered a bleak prognosis for the US economy, suggesting that he supports a new monetary [...]

October 17, 2010

5 DVD Economics & US Economy History Collection: Free Trade ...


5 DVD Economics & US Economy History Collection: Free Trade, Business Enterprise, Capitalism, Money & Global Commerce Videos w/ Milton Friedman Product. [...]

October 16, 2010

Government And Business: Myth Vs. Reality II


Bank runs were common throughout the 1800's and into the Great Depression. The Roosevelt Era reform that created the Federal Deposit Insurance Corporation (FDIC) ended bank runs. Although banks failed during our current recession, they did not create much news because the FDIC functions so well. Thi [...]

October 05, 2010

International Political Economy Zone: Hugh Hefner, US Carriers ...

Send by Emmanuel

The Air Transport Association composed of these Yankee bankrupts is faulting the US government for offering generous financing terms to foreign buyers of Boeing jetliners but not domestic ones. Think of it as "Buy American" for the [...]

October 09, 2010

Fed Chairman: Aging Population Puts U.S. Economy On 'unsustainable ...


Failing to address the challenges of an aging population will endanger the country's economic future, Federal Reserve Chairman Ben Bernanke told a gathering of business and union leaders in Rhode Island on Monday night. [...]

October 05, 2010

Saving The Bondholders In Irish Banks Is A Disgrace


No matter how much debt you might have, there always exists a projected income growth rate at which you can pretend to be solvent. The projected rate of growth is the issue on which I differ most with those who claim that Ireland is fundamentally solvent. They are moderately optimistic about future [...]

October 16, 2010

No, Tom Brokaw, My 3 Sons Should Not Go To China, India And Middle East, Looking For Jobs!


Recently in an intervirew, when asked about lack of jobs in U.S., a prominent journalist Tom Brokaw stated that our young people need to think out of the box and look for jobs in management in China, India and Middle East. When asked, what average students should do , he stated that they need to loo [...]

October 17, 2010

The Fed: Killing The Dollar And Spiking Gold


The anticipated quantitative easing from the Federal Reserve’ continued to push equity prices higher last week. The S&P500 rose another 0.95% to almost fully discount (or price in) the Fed’s next round of electronic money printing. The VIX (or fear) index slumped to six month lows, as a new wave of [...]

October 16, 2010

International Political Economy Zone: Adios USA: Australian ...

Send by Emmanuel

In case you missed it--and I have been posting a lot on currencies these days--the Aussie and Loonie have recently hit parity or better with the US dollar though both have slipped back the last few hours. Don't expect this temporary [...]

October 05, 2010

U.S. Bureau Of Economic Analysis (BEA) - Bea.gov Home Page


Source of US economic statistics including national income and product accounts (NIPAs U.S. Economy at a Glance; Current Releases; News Release Schedule; Congressional Quick Data [...]

October 05, 2010

Rosenberg Says US Economy May Shrink In Fourth Quarter As Autos Subside

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(Source: Bloomberg) The US economy may fail to grow or even shrink in the fourth quarter as auto production subsides following a surge in the previous three [...]


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