Sep 23 Watch News Wrap: Small Business Bill Ready for Obama Signature In other news Thursday, the House approved a long-delayed bill designed to help small businesses get lending from community banks. Republicans opposed the loan fund, calling it another bailout. Continue watching
Sep 23 Greenspan Warns U.S. Can't Afford Tax Cuts, Debt Levels Too High By Murrey Jacobson Back in 2001, when then-Federal Reserve Chairman Alan Greenspan gave the Bush-era tax cuts his blessing, it was considered a pivotal moment that helped shape that debate. Nearly a decade later, Greenspan tells Jeffrey Brown that he now… Continue reading
Sep 23 Could Small Stuff Be Good Indicators the Economy is Turning Around? Question: In trying to understand how to read the signs that we might be in a more robust recovery, I hear a lot about business expansion, hiring, product development and other growth-oriented factors that would serve as key indicators. Continue reading
Sep 23 New Gulf Oil Spill Flow Rate Estimate Released By Jenny Marder In the early days of the Gulf of Mexico oil disaster, estimates varied wildly on the amount of oil gushing from the blown-out well. As spring turned to summer and the oil kept flowing, the government revised its calculations. Continue reading
Sep 23 Why Not Look to the Small Stuff as Indicators the Economy is Turning Around? Question: In trying to understand how to read the signs that we might be in a more robust recovery I hear a lot about business expansion, hiring, product development and other growth oriented factors that would serve as key indicators. Continue reading
Sep 23 Obama Pushes U.N. on Mideast Peace; Tensions Rise in China-Japan Dispute President Obama shakes hands with U.N. Secretary General Ban Ki-Moon. The president will address the General Assembly and world leaders on Thursday. Photo by Spencer Platt/Getty Images. In a speech to the annual session of the United Nations General… Continue reading
Sep 22 Watch Former Bush Adviser Hubbard Weighs in on Tax Cut Debate In the first of several conversations on whether Bush-era should be extended, Gwen Ifill speaks with Columbia University's business school Dean Glenn Hubbard, who helped craft the cuts when he served as an economic adviser to President George W. Bush. Continue watching
Sep 22 Owners of Tainted Egg Farm Blasted at Congressional Hearing At a recent visit to the Wright County Egg farm, FDA inspectors found decaying rodent corpses, chicken carcasses, live mice and thousands of flies. One building had so much manure oozing through the door that it wouldn't shut. Lawmakers… Continue reading
Sep 22 Watch News Wrap: $40 Billion Pledged for Global Poverty Fight In other news Wednesday, more than 140 presidents, prime ministers and kings have been meeting at the United Nations to launch a $40 billion global strategy to help end poverty. Also, up to 5 million containers of infant formula will… Continue watching
Sep 22 Why Can't New Jobs Be Created Immediately? This entry is cross-posted on the Business Desk, where business and economics correspondent Paul Solman answers your questions on economic news. Follow Paul on Twitter. Question: First of all, thank you for the articles on the 99ers. We… Continue reading