| Dec 13, 2012
| 12:16 PM
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit.
To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
| Dec 26, 2012
Pull up an empty chair, folks. (Up to you whether to interrogate it.) It's time to take a look back at the year that was, politically speaking.
We won't know the 2012 word of the year until The American Dialect Society's annual conference next week....
| Feb 27, 2013
| 11:03 AM
Nothing short of a miracle — or a sudden onset of rational behavior inside the Capital Beltway — is going to prevent mandatory, across-the-board federal spending cuts from going in effect Friday. It's also clear the public sector workforce...
| Mar 15, 2013
| 12:00 PM
A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep...
| Nov 2, 2012
| 7:30 AM
I was flabbergasted by Stanley Glinka's recent letter criticizing President Obama's performance in office ("Obama made U.S. weaker, more vulnerable," Oct. 31). He obviously lives in a different country than the rest of us.
Let me point out that over...
| Nov 4, 2012
| 4:15 AM
I wish to respond to Kenneth Weeden's letter to the editor ("Who bears the burden?" Oct. 31). During World War II, people understood the need for sacrifice because if they didn't, there was a good chance we would all be speaking German today. Today's...
| Nov 7, 2012
| 7:13 AM
U.S. stocks fell sharply at the open Wednesday, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night.
Worries about the European economy also resurfaced, putting more pressure on global...
| Nov 23, 2012
"Fortunately, there may be a middle-ground in which Democrats can raise revenues from higher earners and Republicans can avoid rate increases. There are some relatively simple tax changes that could be enacted for tax year 2013 to raise the same amount of...
| Jul 31, 2013
| 11:39 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank's bond-buying program, but indicated that they expected economic growth to pick up.
Following a two-day meeting, the Federal Open...
| Sep 6, 2013
| 5:59 AM
WASHINGTON -- The economy added 169,000 net new jobs last month and the unemployment rate ticked down to a near post-Great Recession low of 7.3%, its lowest level since the end of 2008, the Labor Department said Friday.
The job growth in August was...
| Sep 5, 2013
| 5:22 PM
ST. PETERSBURG, Russia — Even as European Union leaders at the G-20 summit here crowed about a reviving Eurozone, the head of the European Central Bank said he didn't share their optimism.
In somber remarks, ECB President Mario Draghi said he...