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September 5, 2010, 1:28 pm
By
Bridget Johnson
Reports Sunday claimed that the Afghan financial institution had stabilized after a weeklong run on the Kabul Bank.
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Archived under:
News, Banking/Financial Institutions
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September 5, 2010, 11:09 am
By
Ian Swanson and Russell Berman
The GOP message comes as Democrats engage in a fierce debate over
whether to allow the Bush tax cuts to expire.
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Archived under:
News, Economy
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September 5, 2010, 10:15 am
By
J. Taylor Rushing
Democratic National Committee Chairman Tim Kaine said Democratic
candidates should be proud to run on the party's economic record.
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Archived under:
News, Campaign committees, Economy
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September 5, 2010, 10:08 am
By
J. Taylor Rushing
Sen.
John McCain (R-Ariz.) on Sunday led the GOP charge for extending the
Bush administration's tax cuts aimed at the wealthy, arguing that doing so will stimulate the economy.
McCain, who just survived a primary challenge by former Rep. J.D.
Hayworth, said he endorsed the idea of a payroll tax holiday that
President Obama is reportedly considering. But McCain also said the
country needs the "certainty" of knowing the Bush tax cuts won't expire.
"Then maybe the American people will have some confidence," McCain
said on "Fox News Sunday." "The American people have lost confidence in
this administration's ability and this president's ability to get this
economy going again... You can argue about jobs created, jobs saved,
but the fact is that when they passed the stimulus package, they said
unemployment would be a maximum of 8 percent. It's now 9.6 percent.
Enough said."
The Labor Department on Friday released statistics that showed the
national unemployment rate upticked from 9.5 to 9.6 percent July to
August.
Archived under:
News, Economy
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September 5, 2010, 9:31 am
By
Bridget Johnson
The AFL-CIO leader soundly came to President Obama's defense Sunday on the administration's handling of the economy.
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Archived under:
News, Economy
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September 4, 2010, 10:26 pm
By
Walter Alarkon
Critics of the panel are using the
former senator's controversial remarks to try to torpedo the commission itself.
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Archived under:
Administration, Finance & Economy, Budget
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September 4, 2010, 11:45 am
By
Bridget Johnson
Labor Secretary Hilda Solis declined to speculate on whether President Obama would push a payroll tax holiday to spur growth.
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Archived under:
News, Economy
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September 4, 2010, 11:00 am
By
Julian Pecquet
GM filed paperwork for an IPO that could potentially be
worth as much as $20 billion, short of the $50 billion bailout tab.
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Archived under:
News, Corporate Governance
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September 4, 2010, 8:35 am
By
Sam Youngman
President Obama is turning his focus squarely toward the
economy as the traditional campaign season begins.
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Archived under:
Administration, Finance & Economy, Economy
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September 4, 2010, 6:00 am
By
J. Taylor Rushing
Obama used his Labor Day weekend address to defend his
economic record and vow to “keep fighting” for the middle
class.
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Archived under:
Administration, Finance & Economy, Economy
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