News
CNN Money | Abound Solar is latest government-backed bankruptcy
Abound Solar announced plans Thursday to file for bankruptcy and suspend operations, becoming the industry's latest government-backed firm to close its doors.
CNBC | Trouble Signs Remain in GDP; Claims Down, Prices Up
U.S. consumer spending and export growth were not as robust as previously believed in the first quarter, suggesting less momentum in the economy.
CNN Money | Congress set to extend low student loan rates
Congress is expected to vote Friday to extend low 3.4% interest rates on federally subsidized student loans for another year, barely beating a July 1 deadline when the rates would double.
Bloomberg | Japan’s Industrial Output Falls Most Since 2011 Quake
Japan’s industrial output fell the most since the March 2011 earthquake and consumer prices declined, bolstering the case for extra stimulus to sustain the nation’s economic recovery.
Market Watch | U.S. consumer spending falls slightly in May
Consumer spending in the U.S. fell slightly in May and was revised downward in April, according to the latest government data.
Econ Comments & Analysis
CNN Money | Economists see multiple eurozone exits
As European leaders meet to discuss the future of the euro, economists think the ongoing crisis will lead to big changes for the common currency.
AEI | North America: Living in the political wake of the US housing bubble
The U.S. is living in the wake of the great 21st century bubble and its collapse, as a dominating influence in the financial, economic, and political spheres.
CBO | Federal Efforts to Reduce the Cost of Capturing and Storing Carbon Dioxide
Coal-powered facilities account for roughly a third of all U.S. emissions of carbon dioxide, and most climate scientists believe that the buildup of carbon dioxide and other greenhouse gases in the atmosphere could have costly consequences.
Mercatus | The Impacts of Overdraft Programs on Consumers
The Regulatory Studies Program (RSP) of the Mercatus Center at George Mason University is dedicated to advancing knowledge of the impact of regulation on society.
Market Watch | Fed's Dudley: Unclear if soft-patch is over
The "pay-back" to the economy from the mild winter is over but it is still unclear whether the economy will regain momentum, said William Dudley, the president of the New York Federal Reserve Bank, on Friday.
Forbes | Obamanomics: Economics For Dummies
President Obama’s June 14 address in Cleveland presented his foundational economic policy arguments for this fall’s campaign. We will hear those same rhetorical points over and over this year, at least until his pollsters realize they are doing more harm than good.
Blogs
Neighborhood Effects | Undermining Competition is No Way to Compete
Money is tight for state and local governments, and that’s never more obvious than when lawmakers work to finalize budgets before the new fiscal year starts on July 1.
