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Economy

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  • Consumer Confidence in U.S. Rose More Than Forecast (Shobhana Chandra)

    Aug. 31, 2010 (Bloomberg) -- Consumer confidence climbed more than forecast in August as Americans turned less pessimistic about the outlook for jobs, easing concern households will retrench. The Con ...

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  • U.S. Government Prepares for 'Crisis' (Jeff Nielson)

    Aug. 30, 2010 (The Street) -- Most market reporters, commentators and politicians continue to rely upon nothing but the same short-term "snapshots" which have caused them to be "surprised" by everyth ...

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  • The Backward Slide into Recession (Mike Whitney)

    Aug. 30, 2010 (Information Clearing House) -- Ongoing deleveraging has slowed personal consumption and trimmed 2nd quarter GDP to a revised 1.6 percent. The economy is sliding backwards into recessio ...

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  • Oil Addiction And Identity (Scott Brown)

    The Fundamentals of the Crisis and the Response Aug. 30, 2010 (CarolynBaker.net) -- As much as anybody, I want to see the disaster in the Gulf of Mexico be the final wake up call needed to move our s ...

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  • Make Sure the Bunker is Well Stocked (Mike Whitney)

    Aug. 29, 2010 -- (Information Clearing House) -- Robert Herz was forced to resign from his job as as chairman of the Financial Accounting Standards Board (FASB) because he insisted that the banks ass ...

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  • Our Redeemer (David Glenn Cox)

    Machiavelli David Glenn Cox -- World News Trust Aug. 29, 2010 -- I was recently rereading Machiavelli and he said, when you acquire lands where the prince is unpopular you come as a redeemer. When yo ...

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  • BOOK REVIEW: Palestine Betrayed. By Efraim Karsh (Jim Miles)

    BOOK REVIEW: Palestine Betrayed. By Efraim Karsh (Jim Miles)

    Palestine Betrayed. Efraim Karsh. Yale University Press, London, 2010. Aug. 27, 2010 (Palestine Chronicle) -- Was Palestine betrayed? Of course it was, by the British, the United States, France, the ...

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  • Not Tits but Horns! (David Glenn Cox)

    David Glenn Cox -- World News Trust Aug. 28, 2010 -- Alan Simpson broke the cardinal rule in Washington; he said what he really thought. Turn about is fair play so here’s what I really think. His com ...

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  • Morgan Stanley Analyst Says Governments to Default (Matthew Brown)

    Aug. 25 (Bloomberg) -- Investors face defaults on government bonds given the burden of aging populations and the difficulty of increasing tax revenue, according to a Morgan Stanley executive director ...

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  • U.S. Economy Grew a Revised 1.6% in Second Quarter (Bob Willis)

    U.S. Economy Grew a Revised 1.6% in Second Quarter (Bob Willis)

    Aug. 27, 2010 (Bloomberg) -- The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widene ...

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  • Bill Gross Takes Backseat to Real Big Money (William Pesek)

    Aug. 13 (Bloomberg) -- Mohammed El-Erian, chief executive officer and co-chief investment officer at Pacific Investment Management Co., discusses Federal Reserve monetary policy. El-Erian, speaking w ...

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