» Greek Deal Remains Elusive
08/02/12 22:48 from WSJ.com: Economy
Greek political leaders have ended their meeting after seven-and-a-half hours without an agreement on austerity proposals.
» U.S. Officials Lower Jobless Forecast
08/02/12 21:46 from WSJ.com: Economy
The recent spate of good economic news has led White House officials to lower their projections for the unemployment rate this year, with a top adviser saying the 8.9% estimate that will appear in the White House\'s budget proposal Feb. 13 i..
» German Data Pose Growth Risk
08/02/12 17:48 from WSJ.com: Economy
Germany\'s seasonally adjusted exports fell more sharply than imports in December, posing downside risks to the country\'s growth for the fourth quarter.
» Little Room for New Workers
08/02/12 12:43 from WSJ.com: Economy
The U.S. job market is finally growing stronger by almost every key measure, except one: Not enough people are quitting.
» Americans Ramp Up Borrowing
08/02/12 11:24 from WSJ.com: Economy
In another sign that the credit freeze is thawing, the Federal Reserve said Americans ramped up their borrowing at the end of 2011.
» Energy Boom Lifts Economy
08/02/12 10:50 from WSJ.com: Economy
The benefits of the newest energy boom are extending far beyond the traditional oil patch. It\'s revving up the U.S. economy.
» China Pushes Yuan in Latin America
08/02/12 08:19 from WSJ.com: Economy
Chinese policy banks are seeking to expand lending to commodities-rich countries in Latin America using the yuan instead of the dollar.
» Glaxo Repatriates Euro-Zone Cash
08/02/12 00:01 from WSJ.com: Economy
Glaxo has been funneling cash back to the U.K. daily from banks in euro-zone countries as part of its strategy to reduce exposure to risks of a possible breakdown of the European monetary system.
» Japan Confirms \'Stealth\' Yen Intervention
07/02/12 20:56 from WSJ.com: Economy
Japan continued to conduct \"stealth\" interventions in the currency market after its highly publicized yen-selling campaign on Oct. 31, data released by the Finance Ministry confirmed.
» Talks on Payroll-Tax Cut Bog Down
07/02/12 20:29 from WSJ.com: Economy
Congress is poised for another 11th-hour standoff over extending the payroll-tax cut. A panel meeting Tuesday was angry and unproductive.
» India Cuts Growth Forecast to 6.9%
07/02/12 20:03 from WSJ.com: Economy
India again cut its economic growth forecast for the current fiscal year to 6.9%, which will be the slowest in three years, as aggressive monetary tightening at home and a shaky global economy crimped industrial activity.
» Bernanke Cites Risks to Recovery
07/02/12 18:44 from WSJ.com: Economy
Bernanke faced Senate lawmakers Tuesday, again offering a message for Washington to get its fiscal house in order.
» France Posts Record Trade Deficit
07/02/12 18:24 from WSJ.com: Economy
France\'s trade deficit reached an all-time record last year, underscoring the loss of competitiveness of the country\'s national production.
» Focus Turns to ECB Greece Policy
07/02/12 15:51 from WSJ.com: Economy
The European Central Bank is widely expected to keep its interest rates on hold, but clues as to how it will deal with the intensifying crisis in Greece are likely to steal the show.
» German Industrial Output Falls
07/02/12 09:10 from WSJ.com: Economy
Germany\'s disappointing industrial production data for December confirm that the euro zone\'s largest economy probably contracted in the fourth quarter of 2011, analysts said.
» Spending Hidden in the Tax Code
13/07/11 08:38 from Greg Mankiw\'s Blog
The blue line is total discretionary outlays of the federal government, and the brown line is the sum of tax expenditures. Both are in constant dollars. Note that these two categories of spending are about equal in magnitude.&n..
» Balanced Budget Amendments Are Not Always What They Seem
13/07/11 08:06 from TaxVox: the Tax Policy Center blog
A constitutional amendment that would require a balanced federal budget has again gained favor, especially among Republicans. The proponents should be forced to answer an important question, “What is a budget?” Forty nine states have cons..
» John Boehner’s Moment of Truth
12/07/11 13:03 from TaxVox: the Tax Policy Center blog
In July 2000, under immense pressure from President Clinton, the Israeli government made Yasser Arafat a remarkable offer: It would recognize a Palestinian state that included Gaza, more than 90 percent of the West Bank, and a big chunk of..
» GSE Fact of the Day
12/07/11 08:33 from Greg Mankiw\'s Blog
From Peter Wallison : Edward Pinto (a former chief credit officer of Fannie Mae, and now a colleague at the American Enterprise Institute) presented the evidence to the commission showing that by 2008 half of all mortgages in the U.S. (27 ..
» Which Industries Pay Corporate Income Taxes?
10/07/11 23:00 from Tax Policy Center: Urban-Brookings Tax Policy Center
Over the past decade, three-fourths of corporate income tax liability was incurred by firms in four sectors: manufacturing, finance and insurance, wholesale and retail trade, and management of companies (holding companies). Manufacturing fi..
» Choices for Greece
10/07/11 06:01 from Greg Mankiw\'s Blog
Tyler Cowen tells us not to expect much happy news .
» The Federal Budget Deficit Through Nine Months of the Fiscal Year: About $973 Billion
08/07/11 12:37 from Director\'s Blog
In its latest Monthly Budget Review , CBO estimates that the Treasury Department will report a deficit of $973 billion for the first nine months of fiscal year 2011, $31 billion less than the $1,004 billion deficit incurred through June 20..
» The Disappointing Recovery
08/07/11 11:18 from Greg Mankiw\'s Blog
» Tax Dodge Makes for Great Vacationing
08/07/11 07:00 from TaxVox: the Tax Policy Center blog
I’ve been collecting shells on the beaches on the beautiful barrier island Assateague and marveling at those famous marsh-dwelling ponies for about fifteen years. Until my most recent visit over the 4 th of July, I’d believed that those po..
» Restoring Solvency and Improving Equity in Social Security Benefit Options : Statement Before the U.S. House Ways and Means Subcommittee on Social Security
07/07/11 23:00 from Tax Policy Center: Urban-Brookings Tax Policy Center
Gene Steuerle testifies on alternative ways to restore solvency and undertake benefit reforms in Social Security, concentrating on four: restricting automatic growth in benefits where needs are least, adjusting benefits so they both encoura..