Pages

Thursday, October 10, 2013

General Economics

News                                                                                                                             
Politico | CEOs seek big deal to end shutdown, debt crisis
After days of watching the government closure and debt ceiling standoff from the sidelines, companies and trade associations are jumping into the fray, hoping to seize a rare moment in D.C. when a deal has to happen. And they prefer it be a big deal, with changes to entitlement programs, the tax code and spending cuts that normally would have no chance of passing.
Market Watch | Bank examiners criticize more corporate loans
A measure of the percentage of corporate loan quality that aren't strong remains elevated, according to data released by the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency on Thursday.

Econ Comments & Analysis                                                                                            
The American | House Prices: Is the Fed Making the Same Mistake Again?
House price data indicate that the painful readjustment process is complete. It is time for the Fed to stop manipulating prices.
Fortune | J.P. Morgan's current woes may be the least of its problems
People tend to spend way too much time worrying about what's in the headlines and not enough time worrying about things, buried in small type, that are less obvious but lots more important. Today's case in point: J.P. Morgan Chase.
Businessweek | Americans Are Rich but Not Very Competent
The good news for Americans in a new international study of adult skills is that the U.S. ranks near the top in gross domestic product per capita, behind only Norway.