U.S. economy contracts for the 1st time in 3 1/2 years
WASHINGTON (AP) — The U.S. economy unexpectedly shrank from October through December for the first time since 2009, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish...
View ArticleAusterity measures will strangle the U.S. economy
We are in the most anemic recovery in modern history, yet our political leaders in Washington aren’t doing squat about it.In fact, apart from the Fed – which continues to hold interest rates down in...
View ArticleDon’t be fooled by today’s economic growth report
As expected, the economy grew more quickly at the beginning of this year than at the end of 2012, according to this morning’s GDP release. Real GDP was up at a yearly rate of 2.5% over the first...
View ArticleU.S. economy grew 2.4 percent in first quarter of 2013
WASHINGTON (AP) — The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was stronger than first thought, but...
View ArticleAmerican exceptionalism is nothing to brag about
"American exceptionalism" is perhaps the most misunderstood phrase in politics. If, like the Merriam-Webster Dictionary, we define "exceptionalism" as "the condition of being different from the norm"...
View ArticleDon’t be fooled by today’s economic growth report
As expected, the economy grew more quickly at the beginning of this year than at the end of 2012, according to this morning’s GDP release. Real GDP was up at a yearly rate of 2.5% over the first...
View ArticleU.S. economy grew 2.4 percent in first quarter of 2013
WASHINGTON (AP) — The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was stronger than first thought, but...
View ArticleAmerican exceptionalism is nothing to brag about
"American exceptionalism" is perhaps the most misunderstood phrase in politics. If, like the Merriam-Webster Dictionary, we define "exceptionalism" as "the condition of being different from the norm"...
View ArticlePaul Krugman: Stop listening to the deficit scolds — they’ve lost all...
Remember all the frenzied warnings that if we didn't drastically slash the budget deficit -- now! -- we'd turn into Greece, where high debt and deficits spurred a fiscal crisis and prolonged economic...
View ArticleU.S. economy grew 5% in third quarter — fastest rate in 11 years
The U.S. economy grew at the fastest pace in more than a decade in the third quarter.According to Commerce Department figures released Tuesday, gross domestic product (GDP) expanded at a 5 percent...
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The perfect financial storm: Why we’re headed for future global economic crises
Alan Taylor, a professor and director of the Center for the Evolution of the Global Economy at the University of California, Davis, has conducted, along with Moritz Schularick, groundbreaking research...
View ArticlePaul Krugman: The “nightmare” conditions that led Greece to elect a leftist...
After five years at the center of the eurozone's debt crisis, voters in Greece on Sunday bucked the austerity agenda backed by international officials and Greece's political and businesses elite,...
View ArticlePaul Krugman: Stop listening to the deficit scolds -- they've lost all...
Economist explains how Greece exposes the folly of the austerity crowd's warped ideas
View ArticleU.S. economy grew 5% in third quarter -- fastest rate in 11 years
New Commerce Department figures show growth even stronger than first reported
View ArticlePaul Krugman: The "nightmare" conditions that led Greece to elect a leftist...
After years of failed austerity policies, Greeks saw no improvement. Enter Syriza
View ArticleElectricity sales in the U.S. actually dropped over the past 7 years — but...
Counterintuitively, climate change may actually be reducing electricity consumption under certain conditions
View ArticleTrump crows about his economy, which is starting to slow
Economists were predicting 3 percent economic growth for the final quarter of 2017. It didn't get that high
View ArticleUndocumented immigrants have become vital to key sectors of U.S. economy
Around 8 million undocumented workers make up 5 percent of the U.S. workforce, benefiting the U.S. economy
View ArticleOur mass delusion of American prosperity and national well-being is killing U.S.
What does a one-quarter bump in GDP really measure, and how does it impact a continually shrinking middle class?
View ArticleThe end really is near: a play-by-play of the coming economic collapse
Recoveries generally don't die of old age. So what's going to kill ours? Five economists call it like they see it
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