News
Washington Times | Eurogroup chair sees decisions soon in debt crisis
The German and Italian leaders issued a new pledge to protect the eurozone, while the influential eurogroup chairman was quoted Sunday as saying that officials have no time to lose and will decide in the coming days what measures to take.
WSJ | Federal Spending Cutbacks Slow Recovery
Falling military spending and the end of federal stimulus programs are further slowing the already weak U.S. economic recovery.
CNN Money | How to avoid 'lunatic' fiscal cliff
Unfortunately, the high-stakes game of political chicken currently under way in Congress is increasingly viewed as "good strategy."
Washington Times | No doubt about no debt
Head to the checkout at an Ikea in Stockholm to pay for your new leather corner sofa and with the swipe of a Visa card it’s yours. Don’t try that in Berlin — that will be $2,080 up front please.
Daily Finance | Greek Debt Crisis Fix May Cost Central Banks up to 100 Billion Euros
European policymakers are working on "last chance" options to bring Greece's debts down and keep it in the euro zone, with the ECB and national central banks looking at taking significant losses on the value of their bond holdings, officials said.
Econ Comments & Analysis
Fiscal Times | Disability Benefit Program Is Going Broke
For a country still gasping to recover from the Great Recession, disability payments from Social Security have evolved into a lifeline and an economic trap for millions of unemployed Americans threatening the program with insolvency in just four short years.
