Related Content: economy

Economy might be gaining traction, new data suggest

Essential Reads

After a spring and summer of weak economic indicators, a flurry of fresh data suggest key sectors of the economy might be gaining traction, just as the battle for the White House enters the final round.

The Truth About Romney’s Tax Plan: It’s a Pipe Dream

Essential Reads

Nothing is as simple as campaign commercials or candidate sound bites make it sound, especially not tax reform, and certainly not tax reform with very few details revealed. Just ask the economist Mitt Romney is holding up as a shield against attacks on his tax plan.

Obama Camp Assails Romney's Welfare Attack Ad

Essential Reads

Mitt Romney's campaign ad accusing President Obama of gutting work requirements in the nation's welfare program sparked vehement denunciations Tuesday from the White House and the Obama campaign.

PBS NewsHour: More Americans Live in Economically Segregated Neighborhoods Than 30 Years Ago

Web content

Racial segregation in U.S. neighborhoods is on the decline, but income level is increasingly an indicator of where people live. Gwen Ifill talks to Pew Research Center's Paul Taylor about a recently released study on the connections between income inequality and neighborhood segregation.

What is the Fed Waiting For?

Essential Reads

It's best to think of the Federal Reserve today as a seventh-grade boy at a school dance, shuffling up to a girl, with all their friends watching. That music has a great beat, he says, and you sure do look like you enjoy dancing. She blinks expectantly. He opens his mouth. Then closes it, and walks away.

Political Perceptions: Stepping Up to the Cliff

Essential Reads

This is what fiscal paralysis looks like. The U.S. government, the White House projected last week, will run a deficit of $1.2 trillion or 7.8% of the gross domestic product in the fiscal year that ends Sept. 30.

Fed Mulls Another Boost to Ailing Economy

Essential Reads

The Federal Reserve doesn’t usually drop hints and then fail to follow through with them. Fed officials spent much of July hinting that a new batch of monetary stimulus is in the works, both in public speeches and bugs carefully placed in influential reporters’ ears.

PBS NewsHour: Labor Union Election Sheds Light on Embattled Future

Web content

As local governments roll back employee pensions and benefits, the nation's largest public labor union is preparing for an internal leadership battle that could shape its external mission. Gwen Ifill analyzes the stakes with Steven Greenhouse of the New York Times and Alec MacGillis of the New Republic.

In Romney and Obama Speeches, Selective Truths

Essential Reads

To listen to Mitt Romney tell it, President Obama is a job-killing, free-spending, big-government liberal who made the recession worse with his policies and endangered free-market capitalism. The president has spent tax dollars “at a pace without precedent in recent history,” Mr. Romney says, and “added almost as much debt as all the prior presidents combined.”

Europe's Travails Could Add to His Own, Obama Says

Essential Reads

Europe has not resolved its fiscal and debt challenges and will need more time to reach consensus, President Obama conceded at the conclusion of an important economic summit in Mexico among the 20 leading industrialized nations. Asked at an evening news conference in the resort city of Los Cabos how the Eurozone debt and financial problems might impact his chances for re-election, Obama said, "All these economic issues have an impact on the election, but that's not my biggest concern now."