Greenspan On The Housing Bubble: Not My Fault
Mar 18th, 2010 · The former Fed chairman says he didn't create the housing bubble and couldn't have prevented the economic calamity that followed the bubble's collapse.
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Leading Indicators Up Slightly
Mar 18th, 2010 · The private Conference Board says its leading economic index rose 0.1 percent in February. Ataman Ozyildirim, a Conference Board economist, said "the leading economic index points to moderately improving economic conditions in the near term."
A Village Clings To Hope Amid Dagestan's Dangers
Mar 18th, 2010 · Dagestan is one of the most violent regions of Russia, squeezed in between Chechyna and the Caspian Sea. It is known mostly for negative things: economic deprivation, violent politics and a simmering Islamist insurgency. But the people of Sulak are trying to stay out of the conflict.
Global Reality Challenges IMF's Free Market Gospel
Mar 17th, 2010 · In a notable turnaround, the International Monetary Fund recently acknowledged that some developing countries might benefit from controls on capital inflows. IMF research found that countries with such regulations were better equipped to weather recent global economic crises.
Robust Job Growth Not Expected This Year
Mar 17th, 2010 · Three of President Obama's leading economic advisers were on Capitol Hill to answer questions about a variety of economic issues Tuesday. They warned that U.S. companies are unlikely to hire enough workers to bring down the unemployed rate much this year. Rep. Marcy Kaptur (D-Oh) accused the administration of not taking the unemployment problem seriously enough.
Robust Job Growth Not Expected This Year
Mar 17th, 2010 · Three of President Obama's leading economic advisers were on Capitol Hill to answer questions about a variety of economic issues Tuesday. They warned that U.S. companies are unlikely to hire enough workers to bring down the unemployed rate much this year. Rep. Marcy Kaptur (D-Oh) accused the administration of not taking the unemployment problem seriously enough.
Fed Weighs How And When To Signal Higher Rates
Mar 16th, 2010 · A rate hike isn't imminent. But at their meeting Tuesday, Federal Reserve Chairman Ben Bernanke and his colleagues will likely focus on how to telegraph that higher rates are coming once the economic recovery is more deeply rooted.
Dodd Unveils Sweeping Financial Regulation Plan
Mar 16th, 2010 · Senate Banking Committee Chairman Christopher Dodd has unveiled his second attempt at overhauling financial regulations. His first bill flopped. On Monday, he introduced a 1,336-page bill, which includes provisions negotiated with Republicans. David Wessel, economics editor of The Wall Street Journal, talks to Linda Wertheimer about the chances of this measure succeeding.
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