News
Bloomberg | Record Overseas Sales Boost U.S. Growth: Economy
Exports from the U.S. climbed to a record in September, contributing to an unexpected decline in the trade deficit that gave the world’s largest economy a boost at the end of the third quarter.
USA Today | U.S. businesses seek a more competitive economy
Despite its slippage, the U.S. is still an economic power and the world's manufacturing leader. And in recent years, falling U.S. factory wages and energy prices have allowed it to narrow its business-cost gap with other countries.
Econ Comments & Analysis
Washington Times | GHEI: An end to European bailouts
The desire to keep on spending in the face of economic crisis is universal. In Greece, parliament voted Wednesday to implement $17 billion in spending cuts, and the reaction was swift and violent.
Motley Fool | Why The Next Recession Will Hurt More
Because the current Federal Reserve policy could make any future recession less like falling off a cliff and more like falling down an up escalator, where the country will find it hard to stop tumbling, stand up, and reach prosperity.
Blogs
The Economist | Discouraging news
Many in Europe appear to misunderstand the entire point of deposit insurance, which is that it minimises losses by preventing bank runs.
Market Watch | Euro-zone economy going nowhere for next 2 years: Posen
The euro-zone economy will barely grow over the next two years unless governments decide to engineer a coordinated pull-back from fiscal austerity, said Adam Posen, a former member of the Bank of England’s Monetary Policy Committee.
Political Calculations | Dividends: U.S. Deeper in Recessionary Territory
In October 2012, S&P recorded that some 2,471 publicly-traded companies making declarations regarding their dividends, with 165 announcing dividend increases and 26 announcing they would cut their dividends.
