Tag: economy
U.S. credit rating downgrade 'inevitable'
A bill to raise the federal debt ceiling goes to the Senate today, but analysts say the U.S. will still see a downgrade in its credit rating....
Robert Reich: Government budget cuts could make job crisis worse
Reich says government spending would revive the economy and put more people to work....
The consequences if debt ceiling deal can't be reached
The deadline is looming as is the possibility the country will have to default on its $14.3 trillion of debt. ...
The debt debates and the Republican party brand
The recent debt ceiling debate between Democrats and Republicans has invited dissident voices within the GOP, fracturing the party's image of solidarity. ...
Obama urges compromise in debt talks
President Obama pleaded with Congress to come to an agreement on debt talks in his speech to the American public on Monday....
Auto workers union begins contract talks with Detroit's Big Three
The UAW wants to bring back lost jobs and reopen closed factories, but automakers are still wary of a low-demand market....
Eurozone reaches deal to bail out Greece
Greece will receive a second bailout, in the amount of 109 billion euros, or $157 billion....
Debt ceiling outcome's effect on the middle-class
The changes being discussed in Washington will have a profound impact on the incomes and lifestyles of middle-class Americans....
Eurozone leaders hold emergency meeting on debt crisis in Greece
The emergency summit a 'make-or-break' moment for Greece, which may have to exit the Eurozone due to its debt crisis....
Eurozone economic crisis continues
After Greece, Italy is the latest Eurozone country to come under pressure from financial markets....
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