President Barack Obama unveiled a package of new enhancements to his administration’s efforts to revive the U.S. economy and spur job growth. ... (Continue reading)
The nation’s economy grew during the months of July, August, and September, after a year of stagnation. The Commerce Department reported this week that U.S. GDP (the total value of all goods and services made within our borders) expanded at... (Continue reading)
The recent economic meltdown started with the implosion of a handful of big banks and Wall Street brokerage firms. The financial sector continues to feel the pain. ... (Continue reading)
When South Korea President Lee Myung-bak came to the United States earlier this week, he made sure that he met two high-powered Washington officials during his three-day state visit. At the top of Lee’s agenda, of course, was a meeting... (Continue reading)
There’s no doubt the economic downturn is sparking a lot of anxiety as people worry about financial woes and job loss. But anxiety is nothing more than nervous energy, which can be channeled into actions that can improve your standard... (Continue reading)
Roger W. Ferguson Jr. has answered the call at a time when our nation needs him most. Earlier this year, he agreed to serve on President Barack Obama’s Economic Recovery Advisory Board, the influential body charged with providing recommendations for revitalizing... (Continue reading)
THE PRESIDENT: Thank you very much. Since taking office, my administration has mounted what I think has to be acknowledged as an extraordinary response to a historic economic crisis. But even as we take decisive action to repair the... (Continue reading)
The nation’s unemployment rate jumped to 9.4% in Ma, marking a 25 year high, according to the Bureau of Labor Statistics. While companies tightened payrolls last month causing unemployment to surge a half a percent, compared to April, the decline... (Continue reading)
Marcus Alexis, one of the nation’s most distinguished economists, died Wednesday from complications during surgery. He was 77. ... (Continue reading)
Roger W. Ferguson, CEO of financial services giant TIAA-CREF and one of the nation's leading economists, was recently named to President Obama’s Economic Recovery Advisory Board, the influential body charged with providing recommendations on remaking America’s battered economy.... (Continue reading)