If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world’s largest bond fund, says the stimulative measure will contribute much to economic growth — and to the deficit….
White House National Economic Council Deputy Director Diana Farrell and Treasury Department Assistant Secretary for Financial Institutions Michael Barr are planning to step down in the coming weeks — the latest in a series of …
You might think Yale economics professor William C. Fair is a bit crazy. After all, he’s predicting that President Obama will cruise to reelection in 2012. However, Fair has a good track record of predicting presidential outcom…
Before the GOP power surge on Tuesday, President Obama had steadfastly refused to consider extending the Bush tax cuts — due to expire at the end of the year — for America’s wealthiest taxpayers. Now, he says he’s willing to …
Now that midterm elections are over, President Barack Obama and Republicans have promised to work together. But how long will the spirit of cooperation last? One of the first big tests will be whether Congress can raise its deb…