US Economy

AP's Economic Stress Index On The Nation's Recovery

Denise Clay — Mon, 09 Nov 2009 18:16:10 -0600

The Associated Press has developed an interactive economic indicator to keep track of how well the US economy is recovering from the recent economic downturn. This information is shown for individual counties on the AP's Economic Stress Index.

Consumer confidence sinks before holiday season

Nicole Palmby — Tue, 27 Oct 2009 18:04:45 -0500

In the second-lowest consumer confidence rating since May, the Consumer Confidence Index fell in October. This unexpected decline leads experts to believe that this holiday shopping season will be even worse than retailers expect.

New website promotes products made in USA

Nicole Palmby — Wed, 14 Oct 2009 12:58:11 -0500

In an economic time when people's money needs to go further, they look for quality products they can be proud to use. And with the help of a new website that urges people to "Be American, Buy American," products that can boast "made in USA" can get a little more publicity.

Report: Bird-watching participation boosts U.S. economy

JoeSimmons — Tue, 21 Jul 2009 16:17:46 -0500

A new report by the U.S. Fish and Wildlife Service entitled `Birding the United States: A Demographic and Economic Analysis` reveals that bird watching contributes as much as $36 billion to the U.S. economy.

Fed Chief Bernanke Believes Worst is Over

Charles Sherry — Wed, 03 Jun 2009 10:08:59 -0500

Fed Chairman Ben Bernanke began his testimony before the Committee on the Budget in the US House of Representative acknowledging the economy has contracted sharply since last fall. Bernanke conceded that companies have shed close to 6 million jobs in this downturn, and the most recent information on the labor market suggests “sizable job losses and further increases in unemployment” are likely over the next few months.

Rising Yields Present Challenges to Fed, Economy

Charles Sherry — Mon, 01 Jun 2009 08:54:15 -0500

A revival of the housing sector and stability in prices is critical to a strong economic recovery. Central to Fed Chief Ben Bernanke’s plan to awaken the slumbering housing market has been to commit $300 billion to buy US Treasury bonds and over $1 trillion to purchase mortgage-backed securities.

Larry Summers Is Bought And Paid For By The Financial Industry

mattwion — Fri, 03 Apr 2009 19:37:32 -0500

It is official. Larry Summers is a tool of big business and the financial industry. This is really Shameful. But it turns out that Summers has made a fortune speaking on behalf of the very companies that are now gettng such huge bailouts, with so few regulations.

House and Senate Pass Obama's Budget

mattwion — Fri, 03 Apr 2009 00:12:36 -0500

The best news about this is that Health Care reform and better environmental standards on on the way! Thank goodness!

Obama's News Conference

mattwion — Wed, 25 Mar 2009 17:47:19 -0500

In case you missed tuesday's news conference, here it is.

Krugman Blasts Geithner's Bank Plan

mattwion — Mon, 23 Mar 2009 11:46:53 -0500

According to Paul Krugman on "Democracy Now," Geithner's Bank plan is going to be a complete failure.

Tough Economy: More May Qualify For Earned Income Tax Credits

ruzik_tuzik — Mon, 23 Mar 2009 11:13:43 -0500

As this year’s tax season stretches across difficult economic times, the Department of Health and Human Services (DHHS) wants to make sure that Nebraskans get all the tax credits they deserve through the Earned Income Tax Credit (EITC) program.

Families without homes forced to live in a city of tents

mattwion — Wed, 11 Mar 2009 01:35:54 -0500

The situation now is very much like that of the Joads in The Grapes of Wrath.

We can no longer sit on our hands and let this happen.

To the Democrats I say: increase the size of the stimulus. Listen to Nobel Prize winner Paul Krugman!