The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, “safe” T-bonds m…
A new report from the Philadelphia Fed shows America’s manufacturing sector is strongly bouncing back. Not only are firms reporting booming activity, strong shipments of goods and more unfilled orders, but jobs are being create…
It’s no surprise that consumer prices are rising — the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will …
President Obama’s proposed spending plan seeks to slash $1.1 trillion from the deficit over the next decade. Republican House Speaker John Boehner says that’s too little. In this case, both Obama and Boehner are wrong. The nati…
Compiled by the Bureau of Labor Statistics, the ECI usually gets little attention from the general media. Here’s why it’s a statistic worth tracking: Its current tiny increases are helping keep inflation in check and allowing t…