Aug 23 Watch News Wrap: Stocks Gain Amid Hopes of New Fed Stimulus Program In other news Tuesday, Wall Street shot back up amid speculations that the Federal Reserve might try a new stimulus program. Also, Hurricane Irene swept past the Turks and Caicos Islands with the southeastern Bahamas next in its path. It… Continue watching
Aug 18 President Obama's Approval Rating Hits New Low on Handling of Economy By David Chalian President Obama greets people Wednesday after speaking at the Country Corner Farm Market in Alpha, Ill. Photo by Joe Raedle/Getty Images. President Obama's approval rating on his handling of the economy has sunk to a new, very low 26 percent,… Continue reading
Aug 17 President Obama to Present Jobs Plan in Post-Labor Day Speech By David Chalian President Obama feeds the press as he walks out of Kernel Cody's Popcorn Shoppe in LeClaire, Iowa. Photo by Jim Watson/AFP/Getty Images. In addition to flooding the airwaves and newspapers with images of President Obama in the heartland hearing from… Continue reading
Aug 16 President Obama to Unveil Economic Plan in September By David Chalian President Obama speaks at a town hall meeting Monday at the Seed Savers Exchange in Decorah, Iowa. Photo by Joe Raedle/Getty Images. In front of a picturesque red barn in Iowa on Monday, bathed in the early evening summer light,… Continue reading
Aug 05 New Obama Directive Aims to Prevent Genocide, Violent Outbreaks By Larisa Epatko President Obama signed a directive Thursday setting up an interagency board to come up with a coordinated governmental approach in the next four months to prevent mass atrocities and genocide. Continue reading
Aug 05 With 117,00 New Jobs in July, a Slight Improvement in the Solman Unemployment Scale By Paul Solman "Employment Report Damned with Faint Praise: It Could Have Been Worse." Thus does Nigel Gault, Chief U.S. Economist of IHS Global Insight, sum up the consensus view of Friday's unemployment numbers. Jobs added in July; upward revision for June. Even… Continue reading
Aug 04 Obama Turns 50: What Were Other Presidents Doing at That Age? By Larisa Epatko President Obama celebrates his 50th birthday Thursday with the passage of the debt ceiling compromise earlier in the week likely not far from his mind. Continue reading
Aug 02 White House Releases an Inside View of the Debt Negotiations By Travis Daub The White House released 20 photos Tuesday of the closed-door negotiations with Congressional leaders over the debt deal. President Obama signed the Budget Control Act of 2011 on Aug. 2. Continue reading
Jul 12 Smacking Into the Debt Ceiling: the Day-by-Day Consequences By Paul Solman Daily U.S. Government Income and Expenditures: Use the slide bar to see how Treasury's cash deficit is projected to grow if the debt ceiling is reached, starting with Aug. 3. Mouse over the red points to see the running deficit… Continue reading
Jul 08 Jobs: the Dreary Data, a Desperate Viewer, a Pessimistic Professor By Paul Solman Goodness! U-7, our own measure of under-and unemployment, shot up to 18.6 percent this morning, a rise that gets us back near the number when we first inaugurated the Solman Scale last December. This morning's job numbers: only… Continue reading