A widespread push for fiscal discipline is “the right policy at the wrong time,” the famed investor said Wednesday.
Continue reading George Soros on the ‘Blah’ Economy and China’s ‘Phenomenal’ Rise
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Obama nominated Diamond, an MIT economist, in April, but the nomination failed to carry over through the Senate’s summer recess because of objections from at least one lawmaker.
Continue reading Obama Resubmits…
Credit card use plunged for the sixth straight month in July, with total consumer debt falling by $3.6 billion, or 1.75%, the U.S. Federal Reserve announced Wednesday.
Continue reading U.S. Credit Card Use Fell…
The latest Beige Book report by the U.S. Federal Reserve confirms what earlier economic data has indicated: The U.S. economy slowed over the summer but, it’s still expanding at a modest pace.
In its September report, the Fed said the economy shows “wi…