If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don’t believe the recession is over. Which side has a firmer grasp of realit…
Investors received another sign Friday that the U.S. economy is continuing to heal: The 2010 U.S. budget deficit came in at a smaller-than-predicted $1.29 trillion. Though it was still the second-highest deficit on record, the …
The federal deficit will amount to the equivalent of approximately 10% of U.S. gross domestic product for the fiscal year, which ended Sept. 30, according to a Treasury official. That’s about the same percentage as the previous…
The annual U.S. budget deficit is well over a trillion dollars, and in the long term, that’s unsustainable. But a closer look at the sources of most of that gap shows that balancing the budget wouldn’t be nearly as hard as it m…
There are people around the world rubbing their hands with glee at America’s supposed collapse, pundits who say this nation is so bankrupt that it has become irrelevant. But author, venture capitalist and DailyFinance columnist…