No, it’s not a new plague. Rather, it’s a little-known economics thesis that explains why uneven productivity gains in different sectors can have a huge impact on everything from consumer spending to government deficits. The la…
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…
The International Monetary Fund cut its forecast for world economic growth, saying that the economic recovery will slow as governments cut their budgets.
The IMF cut its outlook for the U.S. economy to 2.2% growth in 2011, from a previous estimate of…
General Motors Co., which is 61% owned by the U.S. government, resumed making political donations after an 18 month break.
The company’s political action donated a total $48,000 to Republicans and Democrats, with contributions going to figures including Sen. Charles Schumer, D-NY, and Rep. Dave Camp, R-Midland, The Detroit News reported.
The political action committee stopped…
Continue reading GM Resumes Political Donations
GM Resumes Political Donations originally appeared on DailyFinance on Wed, 22 Sep 2010 07:39:00.
Filed Under: Company News, People, General Motors, Taxes, Autos
The White House fought back against criticisms of the $814 billion stimulus plan, with a new report that highlights job-creating projects including bridges, roads and cancer research.
Vice President Joe Biden is releasing a report Friday called “100 …