Category: Economics
Economics:
Unemployment growth since the Democrats took over Congress
According to the U.S. Department of Labor's Bureau of Labor Statistics, there are nearly 30 million people currently unemployed -- that's including those involuntarily working parttime and those who want a job, but have given up on trying to find one. Watch the deteriorating transformation of the U.S. economy from January 2007 -- approximately one year before the start of the recession -- to the most recent unemployment data available today.
Source: http://www.latoyaegwuekwe.com/geographyofarecession.html
Economics:
Obama, War Cabinet Meet After Taliban Capture
President Obama is huddling with members of his war cabinet Wednesday to discuss strategy in Afghanistan after the recent capture of the Taliban's top military commander.
Source: http://www.foxnews.com/politics/2010/02/17/obama-convenes-wa...
Economics:
Early draft of the Constitution found in Phila.
"The Constitution may be the most important document written in modern history," said Toler. "It is the longest-standing written constitution and the basis for most of the constitutions in the world. "After finding the draft, "I felt like an actor in the movie National Treasure, but [actor] Nicolas Cage was nowhere to be found," Toler added. "However, what I found was a national treasure - the real national treasure."
Source: http://www.philly.com/philly/news/nation_world/20100202_Earl...
Economics:
Stocks sink again on Obama's pushback on banks
Stocks retreat for a 3rd day as investors fret over Obama's financial overhaul plan
Source: http://finance.yahoo.com/news/Stocks-fall-for-3rd-straight-a...
Economics:
Stock futures falling; market set to resume slide
Stocks are set to extend their slide Friday, following the worst two-day stretch the market has seen since June.
Source: http://apnews.myway.com/article/20100122/D9DCPH880.html
Economics:
Bernanke Faces Tighter Vote in Senate
Bernanke's current term as Fed chairman expires at the end of the month, and a Senate confirmation vote has been pushed off until next week at the earliest.
Source: http://www.foxnews.com/politics/2010/01/22/bernanke-faces-ti...
Economics:
Forecast: Debt to dwarf GDP
Former budget office chiefs say 'something has to give'
Source: http://www.wnd.com/index.php?fa=PAGE.view&pageId=122416
Economics:
With a Last Name Like Kennedy, Libertarian Could Be Spoiler in Massachusetts
The libertarian candidate in Tuesday's special election for the late Ted Kennedy's Senate seat is named Joe Kennedy, raising the possibility that some confused voters may pull the lever for a man they don't support.
Source: http://www.foxnews.com/politics/2010/01/15/insurgent-candida...
Economics:
New Weekly Jobless Claims Rise, Ongoing Claims Slow
The number of newly laid-off workers requesting unemployment benefits rose more than expected last week as jobs remain scarce amid a sluggish economic recovery.
The Labor Department said Thursday new claims for unemployment insurance rose by 11,000 to a seasonally adjusted 444,000. Wall Street economists polled by Thomson Reuters expected an increase of only 3,000.
Source: http://www.foxnews.com/politics/2010/01/14/new-weekly-jobles...
Economics:
Obama to Impose Fee on High-Flying U.S. Banks
The proposal is designed to take affect June 30 and run for at least ten years, and possibly longer if the fees do not cover unpaid sums from the Troubled Asset Relief Program, an official says.
Source: http://www.foxnews.com/politics/2010/01/14/obama-propose-fee...