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The Swampby Frank James Just how deep a hole are U.S. consumers in? The Wall Street Journal has a story today that gives an important partial answer: The relentless slide in home prices has left nearly one in six U.S. homeowners......
The Swampby William Neikirk A major economic stimulus package, including funds to rebuild the nation's infrastructure, is shaping up as one of the top ideas for responding to the worst financial crisis since the 1930s. Asked to name key measures that......
The Swampby Frank James First it was $25 billion to bailout the auto industry. Then, once the Big Three automakers submitted their plans to Congress, it was $34 billion. Now, we've head Mark Zandi, chief economist at Moody's Economy.com, say at......
Tags: Automotive Equipment, Vehicles
The Swampby Mark Silva The House speaker's office, preparing for debate over the $789-billion "American Recovery and Reinvestment Act'' that Democratic leaders from both sides - and a few Senate Republicans - have agreed upon, has rolled out a long......
The Swampby Don Lee The American economy performed better in the second quarter than most economists expected, shrinking at a much slower pace than the prior six months and setting the stage for a recovery later this year from the worst......
Tags: Economy, Business, Inventories, Trade Policy, Economic Indicator
The Swampby Don Lee and Jim Tankersley The Obama administration, offering evidence that its much-maligned efforts to spur economic recovery have begun to take hold, said Tuesday night that the $787-billion stimulus program saved or created 1.5 million to 2...
Expecting this latest special session of the legislature in Springfield to get Illinois' finances back on track is like expecting someone who throws out the ceremonial first pitch at Wrigley Field to give the Cubs six solid innings on the mound. Both...
No matter who emerges victorious in the Nov. 6 election, most analysts are expecting only a short-term calm in the stock market for the remainder of this year. Investors typically cast their votes in the market based on what they imagine the newly...
The U.S. isn't the only country hanging from a fiscal cliff. While investors grew increasingly optimistic this week that Democrats and Republicans will agree on a compromise on tax increases and spending cuts that will help the U.S. avert a recession,...
For a nation that once embraced the mission of seeing how high it could soar, to the moon and beyond, the challenge that momentarily — and fittingly — has captured our imagination of late is that of a daredevil out to see just how far and...
Would you borrow money to pay off your mortgage and instead risk it in the market? That is in essence what Baltimore County Executive Kevin Kamenetz would like to do by floating $255 million of pension obligation bonds to fill the official hole in the...
Last week, I watched two groups of people hold passionate discussions about health care. During one, doctors, pastors and patients swapped stories of inspiration and altruism, urging everyone to help as many people as possible. During the other,...
Oct 8, 2008 |Blog| Chicago Tribune
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Sep 25, 2012 |Column| Baltimore Sun
Apr 20, 2013 |Column| Orlando Sentinel
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