The U.S. government started the new fiscal year on the right foot, posting $140.4 billion deficit in October, the first month of the new fiscal year. That was substantially lower than the $148 billion deficit that had been fore…
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don’t believe the recession is over. Which side has a firmer grasp of realit…
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 …
Corporate America took a tightfisted approach to its future last year, leading to an overall 3.5% decline in research and development spending at major industry titans, the first such drop in over a decade, according to a Booz …
The pace of manufacturing activity unexpectedly accelerated in October, the Institute for Supply Management said Monday, and key measures for new orders, production, and employment also showed signs of increasing strength.
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