Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ... Read Full Story »
White House Budget Director Peter Orszag is about to resign, perhaps to get married and have a less hectic life. He certainly get a job in the private sector that ... Read Full Story »
It was only last week that Treasury Secretary Tim Geithner said that the US economy was strong enough to weather the threat of a slowdown in Europe. That seemed improbable ... Read Full Story »
The need for money to support the federal deficit in the April to June period grew from earlier forecasts. The Treasury expects to issue $340 billion in net marketable debt, ... Read Full Story »
The White House believes that the deficit has peaked and that the shortfall for the first half of 2010 will be much less than expected. The Administration bases this on an ... Read Full Story »
The Treasury Department released the statement of public debt as of March 31. According to the release, the national debt stood at $12.7 trillion. The statutory limit for public debt ... Read Full Story »
Results from the poll used to create the Blue Chip Economic Indicator show that economists believe that US GDP will grow at a slower rate than they had previously forecast ... Read Full Story »