By: Los Angeles Times
Faced with the imminent collapse of Bear Stearns Cos., leaders of the Federal Reserve and the Treasury Department used taxpayer guarantees to persuade JPMorgan Chase & Co. to scoop up the troubled investment bank. Similarly,...
By: Investor's Business Daily
Economy: Average U.S. income fell when George Bush took office in 2001. Naturally, Democrats and the media unfairly blamed him for it. But now Americans are better off than when Bill Clinton was president.
By: Investor's Business Daily
Energy Policy: The speaker of the House touts natural gas as an "alternative fuel like wind." Could it be that this time she's put her money where her mouth is?
Somewhere in the universe there may be a planet where natural gas...
By: Investor's Business Daily
Energy: It's no longer so cool to be openly anti-nuke. Now the naysaying has to be subtle -- like Barack Obama holding out for "clean and safe" power and saying no to reprocessing.
If you really want to know what a politician...
By: Christian Science Monitor
Paul McDonnold
Dear Recession,
There has been quite a bit of commentary about you recently, nearly all of it bad. Just about everyone wants to see you gone.
But I believe that where the business cycle is concerned, if you cannot be with the...
By: Christian Science Monitor
the Monitor Editorial Board
Voters aren't likely to hear much before the election about plans to end government support for two giants in home finance, Fannie Mae and Freddie Mac. Yet like house prices, the federally backed entities are on the skids - as...
By: Los Angeles Times
Susan Brink, Times Staff Writer
As MORE people watch their home equity erode, put off retirement because their nest eggs are taking a dive, and bike or bus to work to save gas money, many are thanking their lucky stars that they still have a job to commute...
By: The International Herald Tribune
Floyd Norris - The New York Times Media Group
High gasoline prices and a weak economy have combined to persuade Americans to do something they rarely do. They are driving less.
The trend to lower driving seemed strong as this summer began, with reports of highways that were...
By: Investor's Business Daily
Energy: Russia's invasion of neighboring Georgia has revealed the West's major weakness: Our dependence on questionable governments around the world for oil, the very lifeblood of our prosperity. So what do we do?
Rather than...
By: Federal News Service
PREPARED REMARKS BY FEDERAL RESERVE CHAIRMAN BEN BERNANKE SUBJECT: REDUCING SYSTEMIC RISK LOCATION: JACKSON HOLE, WYOMING DATE: FRIDAY AUGUST 22, 2008
MR. BERNANKE: In choosing the topic for this year's symposium-- maintaining...
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