News
CNN Money | Millennials 'overwhelmed' by debt
Four in 10 millennials say they are "overwhelmed" by their debt -- nearly double the number of baby boomers who feel that way, according to a Wells Fargo survey of more than 1,600 millennials between 22 and 33 years old, and 1,500 baby boomers between 49 and 59 years old.
Econ Comments & Analysis
Daily Signal | 9 Government Programs Your Tax Dollars Are Being Wasted On
If someone approached you on the street and asked for a dollar to promote mohair exports—or to perfect a weight-sensing skateboard—would you give it to him? Probably not. Yet these are enterprises you have unknowingly supported through paying your federal taxes.
Blogs
WSJ | Has China got an external-debt problem? Not likely
With authorities trying to curb soaring credit as China’s economy slows, companies have resorted increasingly to tapping cheap global credit and investors hungry for higher yields have been only too happy to oblige them.
WSJ | Governors Remain Cautious on Spending, Even as Tax Collections Grow
On average, states will increase spending on general operations by 2.9% in the fiscal year starting July 1, below the 5% increase this year and 5.5% average over the last three decades, according to a survey by the National Association of State Budget Officers released Thursday.
