Econ Comments & Analysis
Daily Caller | Obama’s new budget will hamper energy job creation
Earlier this month President Obama unveiled his FY2015 budget proposal. His plan includes hefty new taxes on job creators. Much of this burden will fall on the energy industry, which has proven to be a particularly powerful engine of new employment in recent years.
Market Watch | Treasury curve now flattest since 2009
Investors ditched the Treasurys most sensitive to rising interest rates while gobbling up longer-term securities on Monday, sending the differential between their yields to the narrowest since 2009.
Blogs
Neighborhood Effects | Hercules, California’s Herculean debts
What lead the city of Hercules, California to default on its debts? Guest poster Marc Joffe, Principal Consultant at Public Sector Credit, finds a case of mission-creep in the “dynamic city on the Bay’s” decision to issue debt to finance power plants and affordable housing.
