| Oct 16, 2013
| 2:48 PM
Now that Congress is set to lift the current limit on how much the government can borrow, here are four facts about the national debt that, polls indicate, many people don’t know.
1. The U.S. debt burden is starting to decline. That’s...
| Oct 18, 2013
After three trips to Asia as secretary of State, I am more convinced than ever that, as a Pacific power, the United States must continue to forge a Pacific future. But building that future means confronting challenges that require cooperation with our...
| Oct 17, 2013
| 5:51 PM
WASHINGTON — In the grand scheme of the $16-trillion U.S. economy, the nearly three-week government shutdown and standoff over the debt ceiling may not look like much. Analysts estimate the loss at tens of billions of dollars, and reckon that much...
| Oct 22, 2013
There are few things the good people of Shanghai love more than shopping. And there were few shopping centers as luxurious as the city's Jinjiang Dickson Center. When it opened in 1994, the Jinjiang was China's first luxury retail mall, well situated...
| Oct 20, 2013
It is difficult to explain the recent government shutdown to citizens of other nations. In most of the world's democracies, this kind of disruption can't happen. Rules are in place to keep the government running even if a new budget isn't passed on time....
| Oct 21, 2013
| 7:00 AM
WASHINGTON -- A top Federal Reserve policymaker said Monday the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture.
Charles Evans, president of...
| Oct 22, 2013
WASHINGTON — A top Federal Reserve policymaker said the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture.
Charles Evans, president of the...
| Oct 23, 2013
Imagine a future in which real wages for most workers decline year after year; a future in which middle-class jobs that disappeared in the Great Recession won't be coming back; a future in which young Americans either squeeze into an increasingly...
| Oct 28, 2013
Fed Chairman Ben S. Bernanke could not have been more precise about the projected cutbacks in the monthly $85-billion bond-buying program. He said in December that the Fed would continue the program until the national unemployment rate fell to 6.5%. And...
| Sep 20, 2013
| 3:47 PM
New England, we have a problem. It's not just Connecticut suffering from economic troubles.
Much of the region is falling into long-term economic stagnation. We are losing jobs, income and population — particularly young adults — to other...
| Sep 20, 2013
| 4:59 PM
California's employers created 29,100 net jobs in August, but the unemployment rate edged up for the second month in a row, climbing to 8.9% from 8.7% the month before, the state's Employment Development Department reported Friday.
The jobless rate...