Administration officials have admitted that the “Stimulus Package” hasn’t been very stimulating. So now, some in Congress are considering “Stimulus II”, which may take the form of a jobs tax credit similar to that enacted in 1976-77, writes William Dunkelberg, Economics Professor at Temple University.   Read More

What's in a name? They found out in Proctor, Minn., this week when the motorized chair, formerly known as La-Z-Boy, sold for just a fraction of what it was going for before La-Z-Boy made them stop using their name.   Read More

The headline number of 10.2% will be shouted from the mountain tops and from the voters. The Federal Reserve and the US Treasury are in the glare of the klieg lights to get something done to arrest the job losses.    Read More

CEOs aren't just stuffed suits — they can be quite funny. A few of them set out to prove it last night at Caroline's. There were real-estate jokes, Bernie Madoff jokes — let's face it, this year gave them a lot to work with!   Read More

The unemployment rate jumped to 10.2%, the worst in years. 190,000 jobs were lost and it was hoped the number would be -180,000 or so.    Read More

If you’re a trader, there’s a good chance you’ll be in the saddle early Friday morning waiting for the jobs report. But how should you trade it?   Read More

While the stock market is cheering easy money, the cheering is very short-sighted. I wouldn’t buck the tape, but I regard the Fed’s policy as a storm cloud over stocks and the future economy.    Read More

What do you do with a former bank branch? Real-estate agents are getting creative. But here's the good news ...   Read More

In citing three conditions, the Federal Reserve has provided a roadmap by which market participants can gauge with greater precision the evolution of monetary policy, in particular the exit strategy for the Fed’s current stance, says bond expert Tony Crescenzi.   Read More

Alternative rock band Weezer, known for its hipster coolness, is using perhaps one of the uncoolest things on the planet to promote its new album: A blanket with sleeves. How ironic — yet apropos for this economy.   Read More