Budget
  • Spanish short-term debt costs reach alarm levels

    Spanish short-term debt costs reach alarm levels

    By Paul Day and Renee Maltezou, Reuters

    MADRID/ATHENS (Reuters) - Spain lurched closer to becoming the largest euro zone country yet to be shut out of credit markets when it had to pay a euro era record price to sell short-term debt on...

  • CBO: Boosting Cigarette Taxes a Mixed Blessing

    Federal excise taxes are sometimes viewed as a panacea for helping to close a budget deficit and discourage bad behavior. But recent studies, including a new one from the Congressional Budget Office...

  • Obama ‘Stays the Course’ and Runs against Bush

    Later today, President Barack Obama will deliver a widely-anticipated speech in Ohio in an attempt to “reframe” the debate over the economy. Insiders have told the media that Obama will not offer any...

  • Obama: 4 Years Isn't Enough to Fix the Bush Economy

    By Caren Bohan and Andy Sullivan, Reuters

    So far, President Barack Obama has not been able to convince most Americans that they are better off than they were four years ago. His next step may be to try to convince them that they would be...

  • Insight: Germany and Greece: a tale of estrangement

    By Noah Barkin and Gernot Heller, Reuters

    BERLIN (Reuters) - In early October of last year, German Economy Minister Philipp Roesler landed in Athens on a plane packed full of corporate executives, carrying a message of hope. Germany and its...