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….
Nearly half of Americans in a recent poll believe China has surpassed America as having the strongest economy in the world, and more than half blame outsourcing and the loss of manufacturing jobs for the shift.
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DailyFinance writer Jonathan Berr sees much to like in the compromise President Obama reached with congressional Republicans on taxes and unemployment compensation. And while he’d never call it perfect, as he notes, the America…
President Obama sailed into the White House on the wings of hope, but now a majority of Americans say they’re doing worse now than before he arrived two years ago, according to Bloomberg National Poll results released Thursday….
Interest rates are the price of money, and though that price is near zero right now, the cost of low interest rates to our nation may be too high. Low rates are squeezing savers, seniors, banks and pension funds, and the benefi…