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2012 in Unemployment Data

Now that the Bureau of Labor Statistics has released its final unemployment numbers for the year, let's take one last look at 2012's unemployment indicators, month-by-month. We've compiled a year's worth of our own, more-inclusive U-7 figures --…

U.S. Debt Ceiling: Costs and Consequences

Photo of U.S. Capitol by Flickr user UlisesJorge via Creative Commons. By Jonathan Masters, online writer/editor for the Council on Foreign Relations Introduction The U.S. Treasury has borrowed trillions of dollars over the past decade, much of it from…

Violence Escalates in Rebel-Government Fight Over Control of Damascus

Bombs and airstrikes were on the uptick in Damascus and its surrounding suburbs as rebel fighters and government troops clashed in attempts to take control of Syria's capital. Ray Suarez reports on the latest advances in the country's nearly two-year…

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Swearing Off Resolutions... Kind of

I have never been much for making promises that I know will be impossible to keep. But if you read this blog regularly, you will know that I am more of an optimist than anyone who covers Washington has any…

Judy's Notebook: Burden of a Generation

As I watched the drama leading up to the Senate and House votes this week on the so-called fiscal cliff, my mind kept turning to young people. In particular, the giant generation of "millennials," those born in the 1980s and…