As the federal budget deadline approaches, Congress will probably be able to forge a deal — at the 11th hour, Sen. Tom Coburn said Wednesday. Read More
Stock-market strategists do not expect the Facebook deal to have much market impact, but it will be critical to the IPO market that Facebook stock rises after the offering and holds gains. Read More
Austerity is imposing intolerable unemployment and political chaos in Greece, and won’t permit it to repay its debts. Athens must abandon the euro and reintroduce the drachma. Read More
Asked what he would be willing to give up to address the U.S. debt crisis, Rep. Paul Ryan stood his ground Tuesday and insisted it was Democrats who needed to cede ground. Read More
Student loans are near the $1 trillion mark and educators are studying harder so they might avoid failing a critical test of advanced college finance. Read More
Recently, Beijing announced it would permit the yuan to rise in value as much as one percent each day. This was greeted by China watchers as an important indication Beijing would finally permit the yuan to rise against the dollar significantly enough to reduce the U.S. trade imbalance with the Middle Kingdom. Read More
America may start a new economic program called “austerity by inaction.” If this occurs, the United States may find itself in a new economic crisis. Read More
With all this “fiscal cliff” talk about the US economy falling off a cliff and the 2012 presidential election it's really easy to rapid fire critiques from your living room. Well guess what, armchair politicians? You're up! It's your turn to get the debt under control with a new "Stabilize the U.S. Debt" game. Read More