News
NY Times | Budget Woes Prompt Erosion of Public Jobs, With a Heavy Toll in Silicon Valley
The nation has lost 668,000 state and local government jobs since the recession hit — more than in any modern downturn, according to a new analysis of labor statistics by the Nelson A. Rockefeller Institute of Government.
Market Watch | Europe agrees to second Greek bailout
After a long wait for a final agreement, European finance ministers approved the terms of a fresh aid package for Greece on Tuesday and the country agreed the terms of a deal with its private debt holders.
Econ Comments & Analysis
Motley Fool | What Happens When China Stops Buying Our Debt?
Once China refuses to finance our massive deficits, the thought goes, interest rates will surge, and the Treasury might have a hard time selling bonds (ask Greece what it's like).
Blogs
Calculated Risk | Greek Debt Deal Reached
Euro zone finance ministers struck a deal ... that includes new financing of 130 billion euros and aims to cut Greece's debt to 121 percent of GDP by 2020, two EU officials said.
