Economy/Ecommerce
Economy Watch: Opening Salvos in Budget Wars
The House of Representatives voted for a symbolic federal budget on Friday afternoon, one which purports to cut the deficit by $6 trillion or so over the next decade and upend Medicare and Medicaid, previously considered (with Social Security) the third rail of federal spending.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending April 15, consumers plan to cut spending in the face of higher gas prices, and the government might cut spending too–but there’s no agreement on how just yet.
Economy Watch: CPI Heads Upward in March
The U.S. Consumer Price Index jumped 0.5 percent from February to March, according to the Bureau of Labor Statistics, and was up 2.7 percent compared with March 2010
Economy Watch: The Budget Scrummage Starts
Is President Obama’s plan to cut the deficit through spending cuts and tax increases, outlined in a speech on Wednesday, a path to U.S. fiscal solvency or not?
Economy Watch: Outlook for Monetary Policy Cloudy
Is the Fed planning to tighten monetary policy? Some of its member banks have been asking for a modest increase.
Economy Watch: The Price of Oil Starting to Change Consumer Behavior
It seems that there’s some elasticity in the demand for gasoline among U.S. consumers.
Economy Watch: One Hard Budget Vote Down, More to Come
As the world well knows, the federal government didn’t shut down over the weekend. A deal was done practically at zero hour, meaning that federal workers will be at work on Monday morning, $39 billion (or about 1/1000) of the federal budget will disappear, and tourists will have something to do in D.C. this week.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending April 8, the federal government is on the verge of a nervous breakdown, but the economic news wasn’t all bad.
Economy Watch: Consumers in a Buying Mood
Retail sales came in strong in March; home prices have yet to find their bottom; and members of Congress continue their bickering without reaching a budget agreement.
Economy Watch: The Shutdown Showdown
Congress bickers over a few billion dollars while the clock ticks down to unforetold consequences; banks might agree to foreclosure changes; and an appeals court confirms Enron CEO Skilling’s convictions.