With the economic recovery gaining steam, President Obama’s State of the Union address — and the GOP response — should be seen as a shift to a less activist approach. Feel-good rhetoric may be wiser than heavy-handed policies…
Nevada’s unemployment rate hit a new high in December 2010 — and with home prices continuing to fall, the beleaguered state’s problems are far from over.
Continue reading Nevada Unemployment: The Worst Gets Wo…
Upon taking office in 2009, Obama inherited two costly wars and an economy that had violently imploded just months before. What’s changed since then? Quite a bit — some for the better, some not. Here’s a midterm progress repor…
Mortgage applications slowed down in the week before Christmas and increased the week after, while interest rates rose to a seven-month high, then retreated again, the Mortgage Bankers Association said Wednesday. Shifts in refi…
The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing marke…