Wednesday, August 6, 2014


Fox Business | It's Been 3 Years Since S&P's U.S. Downgrade
Today marks a noteworthy anniversary: It was three years ago that Standard & Poor's made the unprecedented move of downgrading the U.S. credit rating from AAA to AA+.
Bloomberg | U.S. Treasury Keeps Size of Two-, Three-Year Note Auctions
The U.S. Treasury Department said it will maintain the size of its two-year and three-year note auctions and also keep the amount of longer-term bond issuance unchanged from the previous quarter.

Econ Comments & Analysis                                                                                            
WSJ | Stimulus for Clunkers
A new study shows the Obama program cost car makers money.