European Union (EU) and International Monetary Fund (IMF) inspectors will return to Greece on Sept. 29 to decide whether Athens has done enough to secure a new batch of aid vital to avoid insolvency, while …
President Barack Obama’s deficit reduction plan would be positive for U.S. debt ratings but chances of its implementation are “extremely low,” Moody’s Investors Service said today.
Moreover, the ratings agency warned that deficit reduction in …
Robert Bixby, director of the Concord Coalition, and David Walker, director of the the Comeback America Initiative and former U.S. comptroller general, will talk about the national debt, deficits and other economic issues from 7:30 …
More Americans than forecast filed first-time claims for unemployment benefits last week as the labor market struggled to improve, Bloomberg reported.
Applications for jobless benefits decreased 9,000 in the week ended Sept. 17 to 423,000, …
Stocks fell sharply at the open today, including a drop of more than 300 points by the Dow Jones industrial average.
The Dow had fallen 335.88 points as of midmorning, a drop of more than …
A total of 2.8 million jobs, largely in manufacturing, have been lost as a result of the growing U.S. trade deficit with China since China’s entry into the World Trade Organization in 2001, according to …
Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, Bloomberg reported.
The International Monetary Fund (IMF) said today …
Donations to the largest college sports programs climbed as the U.S. economy faltered, with contributions rising 24 percent from the middle of 2006 to the middle of 2010, Bloomberg reported.
The 54 public schools in …
The cost of living in the United States rose more than forecast in August as consumers paid more for food, energy and housing, Bloomberg reported.
The Consumer Price Index, which measures the average prices of …
New businesses are getting off the ground with nearly half as many workers as they did a decade ago, as the spread of online tools and other resources enables start-ups to do more with less, …
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