I want to apologize for misunderstanding a former professor and not checking myself the assertion I made with such assurance on the Friday, January 25, 2008 program that the stock market had gone up in the wake of the…

New home sales plummeted last year by the largest amount on record while home prices fell sharply in December. Analysts foresee more trouble this year as the housing market tries to emerge from its worst slump in 20 years.

Question/Comment: How effective have past stimulus packages been at achieving their objectives and their impact against the estimated consequence of taking no active stimulating role? Paul Solman: Depends what you mean by “achieving their objectives.” Last time around, people spent…

Congressional leaders and the White House announced Thursday that they reached a deal on an economic stimulus package that would give most U.S. taxpayers refunds ranging from $600 to $1,200 and roll out tax breaks for businesses.

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