Another Big Drop for Initial Jobless Claims

America’s labor market got more good news with word of a 24,000 drop, to 435,000, in weekly jobless claims. A Bloomberg survey had expected a total of 450,000. In perhaps better news, the four-week moving average sank another 1…

U.S. Growth to Lag Behind the Developing World in 2011

The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…

Palin Says Bernanke Should ‘Cease and Desist’

Sarah Palin, former governor of Alaska, commented on the Federal Reserve’s plan to buy $600 billion of long-term assets, saying that Fed Chairman Ben Bernanke should “cease and desist.”

“We shouldn’t be playing around with inflation,” Palin said in re…