News
Market Watch | U.S. economy walks uneven path
The bubbling U.S. stock market might get more pop this week from positive sales trends in housing, but danger signs lurk in other parts of the economy.
CNN Money | Gas prices lower, but not leading to more spending
Gas prices are slightly lower this year, but that's not leading to a large pick-up in consumer spending, according to a survey by Bankrate.com.
Market Watch | Chicago Fed national activity index falls in April
The Chicago Fed's national activity index worsened in April, falling to negative 0.53 from negative 0.23 in March. The three-month moving average meanwhile was at negative 0.04 from negative 0.05 in March.
CNN Money | Oil-price manipulation: the next Libor?
Some of the world's biggest oil companies may have a new mess on their hands.
Washington Times | New top Realtor sees a rebound, but full recovery years away
As a Realtor in Orange County, Calif., Gary Thomas lives at the epicenter of the past decade’s epic housing boom and bust that is only now beginning to release the economy from its withering grip.
Market Watch | Japan raises economic outlook
The Japanese government said in its May report issued Monday that the nation's economy was slowly improving, marking an upgrade from its views in the April update, according to reports.
Econ Comments & Analysis
USA Today | 15% capital reserve is excessive: Opposing view
The financial services industry plays a vital role in fueling businesses to expand and create jobs, helping our economy to grow. At the same time, Americans should know that no institution should be too big to fail and that taxpayers should never again be put at risk in a future financial crisis.
WSJ | Red Tape Record Breakers
President Obama is opposing a bill passed by the House last week that would require the Securities and Exchange Commission to better measure the costs and benefits of new regulations. That's no surprise considering that the latest annual index of federal rules shows that Team Obama is now the red tape record holder.
Politico | Finding truth in the Keystone debate
Our national debate over the Keystone XL pipeline has reached a critical point as we await a decision. The decision to allow development of this pipeline is long overdue, and hopefully may finally come in just a few weeks or months. Despite the economic benefits its construction is sure to provide, critics continue to argue that the project poses too great a risk to American citizens and our environment.
