How do the Presidents rank?
C-Span ranks the former Presidents: Honest Abe gets top billing, follwed by Washington, FDR, Teddy Roosevelt and Truman. How did the George Bushes, Bill Clinton, and Ronald Reagan do? Click the link to find out.
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Browsing Tag
United States
Average U.S. jobless claims top 600,000
Jobless claims for the week ended February 7th came in at 623,000, pushing the 4-week average above 600,000 for the first time since 1982. This is a clear indication that the U.S. jobs picture remains weak. Further evidence of this…
Stephen Roach: Downturn in Asia less severe, but recovery later
Morgan Stanley Asia head Stephen Roach believes that Asia will weather the economic storm with a less severe downturn than the West. However, as the economies are predominantly export-led, he also believes that the countries are followers,…
Martin Wolf believes Obama’s bailout package will fail
Martin Wolf of the Financial Times has issued a damning assessment of the Geithner bailout package. His main criticism is that Geithner's aims are the same narrow set of goals set out by the Bush Administration of working through this…
Treasury Secretary Geithner explains the bailout package
I will dispense with the commentary and let you judge for yourself.
Roubini: Even 2010 will feel like a recession
Nouriel Roubini, nicknamed Dr. Doom by the media for his accurate but downbeat calls on the economy, is not presenting a very upbeat scenario here. He says that even if everything goes well, growth in 2010 will be very poor. It will feel…
Massive U.S. job loss of 598,000 in January
While job losses of 598,000 in today's report for January 2009 were more than the 525,000 expected, it was within the expected range. Evidence of this comes from the increase in long-term treasury yields and stock futures prices immediately…
U.S. jobless claims foreshadow an ugly unemployment number
U.S. initial jobless claims soared to yet another 26-year high, registering 626,000 for the week ending January 31st. The continuing claims number was equally dreadful, hitting an all-time high of 4.79 million.
Infighting begins within Obama’s team
We are barely two weeks into Barack Obama's tenure and reports are surfacing everywhere that his "team of rivals" is at each other's throat. President Obama had said just after the election that he was looking to pull together the best and…
Canada is furious about U.S. protectonism
The "Buy American" clause stuck onto the stimulus bill wending its way through Congress is a pernicious piece of legislation because it has engendered a ferocious response from trading partners, not the least of which is Canada.
Below is a…