Articles Tagged 'Economy'

Pence, at CPAC, slams Dems over Green New Deal: ‘That system is socialism’

Vice President Pence, addressing the Conservative Political Action Conference on Friday, accused Democrats of openly advocating for socialism with far-left policies such as “Medicare-for-all” and the Green New Deal — a system he said had “impoverished millions of people around the world.” “Under the guise of Medicare-for-all and a Green New Deal, Democrats are embracing the same tired economic theories… READ MORE

China’s economy grew 6.6% in 2018, the lowest pace in 28 years

China on Monday announced that its official economic growth came in at 6.6 percent in 2018 — the slowest pace since 1990. That announcement was highly anticipated by many around the world amid Beijing’s ongoing trade dispute with the U.S., its largest trading partner. Economists polled by Reuters had predicted full-year GDP to come in at that pace, which was… READ MORE

US employers went on a hiring spree in December: 312K jobs

WASHINGTON (AP) — U.S. employers dramatically stepped up hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial government shutdown. The Labor Department said Friday that the unemployment rate rose slightly to 3.9 percent, but that reflected a surge in job seekers… READ MORE
Bank of Cyprus

Cyprus forced to find extra €6bn for bailout, leaked analysis shows

by Heather Stewart and Helena Smith, the guardian
Published on April 14, 2013
Cypriot politicians have reacted with fury to news that the crisis-hit country will be forced to find an extra €6bn (£5bn) to contribute to its… READ MORE

As economy flails, debtors’ prisons thrive

by ALAIN SHERTER, CBS Moneywatch
Published on April 6, 2013
Thousands of Americans are sent to jail not for committing a crime, but because they can’t afford to pay for traffic tickets, medical bills and… READ MORE
Katie Busker passes the potatoes as she sits with her son at the home she shares with her sister and brother-in-law in Independence

The Most Important Thing to Remember About America’s Food Stamp Boom

Published on March 31, 2013
The Wall Street Journal is out with a long article today exploring why the number of Americans on food stamps isn’t falling along with the… READ MORE

Homeland Security buying pricey ammo as department-wide cuts take hold

by Perry Chiaramonte,
Published on March 31, 2013
The Department of Homeland Security is spending more and more on pricey hollow-point bullets for law-enforcement officers — even as it plans to enforce furloughs… READ MORE

Obama Presses Congress For Billions To Spend On Infrastructure Programs

Published on March 30, 2013
President Barack Obama was promoting a plan to create jobs by attracting private investment in highways and other public works during a visit Friday to… READ MORE

Senate Passes $3.7 Trillion Budget, Its First in 4 Years

by Jonathan Weisman,
Published on March 24, 2013
After a grueling, all-night debate that ended close to 5 a.m., the Senate on Saturday adopted its first budget in four years, a $3.7 trillion… READ MORE

Dow Ends Above 14,300 for First Time Ahead of Jobs Report; S&P 500, Nasdaq Hit Multi-Year Highs

by JeeYeon Park,
Published on March 9, 2013
Stocks finished higher Thursday, with the Dow posting fresh all-time highs for the third-straight day, following an upbeat weekly jobless claims report and ahead of… READ MORE

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