(AP) The federal Budget Deficit rose to $150.4 billion last month, the largest November gap on record. And the government's deficits are set to climb higher if Congress passes a tax-cut plan that's estimated to cost $855 billion over two years. T…
Read more >>Sen. Tim Johnson, D-S.C., is almost certain to be chairman of the Senate Banking Committee next year, once current chair Chris Dodd, D-Conn., is out of office. Johnson has never had a good reputation with consumer advocates, in large part becaus…
Read more >>(The Street) — Ron Paul, the Controversial Republican House representative from Texas, will take control of the subcommittee that oversees the Federal Reserve. House Financial Services chairman-elect Spencer Bachus’ (R.-AL) announced P…
Read more >>The U.S. economy received a double-dose of good news in the latest wholesale inventories report: Inventories unexpectedly rose 1.9% in October to $427.1 billion -- a gain that provides more evidence that suppliers and businesses expect a decent …
Read more >>WASHINGTON — The tax deal struck by President Barack Obama and congressional Republicans essentially gives Americans a Pay Raise - pumping money into The Economy almost immediately and probably creating hundreds of thousands of jobs …
Read more >>THE number crunchers have had their first stab at Monday’s tax deal and the economic impact is impressive. Goldman Sachs now thinks The Economy will grow 0.5 to 1 percentage points faster next year than its current forecast of 2.7%, which wa…
Read more >>Antonio Morales took down the Christmas Tree he donated to Southlake Chase bank in Southlake the other day and he is very "disenfranchised" because the bank sid to remove the tree for fear of Islamic hate contacts. They also took the tree do…
Read more >>WASHINGTON (AP) - Elizabeth Warren, the administration's special adviser on consumer issues, is getting a lot of criticism from Republicans for being too close to consumer groups. But in her first six weeks on the job, she met more often with repr…
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