Republican Ron Paul is going to have a great time making the Federal Reserve miserable once he takes over as chair of the House subcommittee that overseas it. But he’s off-target in at least seven points of criticism he levels …
The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…
If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world’s largest bond fund, says the stimulative measure will contribute much to economic growth — and to the deficit….
Insurance giant American International Group on Wednesday signed an agreement with the government that details its plan to repay its government loans. Meanwhile, The Wall Street Journal reports that the government plans to sell…
U.S. consumers appear to be getting bit less frugal: The amount of consumer credit in use unexpectedly rose in October for the second straight month. But the whole rise came from non-revolving debt, which includes auto loans an…