U.S. Economy

Wall Street : Instant Guide
They may not be the violent, but many Wall Street financiers are psychopaths who lack empathy and interest in others, according to a new study.

Why is Wall Street full of psychopaths?

A surprisingly high number of financiers have an "unparalleled capacity for lying," according to a new, unsettling report that's rattling the industry

The U.S. Recovery : The List
Warmer weather means more construction jobs this winter.

6 ways the warm winter helps the economy

Most Americans had to shelve their dreams of a white Christmas this winter, but all this mild weather brings gifts of its own

Working in America : Opinion Brief
Some analysts argue that employers get a day of free labor from their employees on February 29. Happy Leap Year!

Leap Day: Are you working for free today?

Once every four years, one theory goes, workers are providing unpaid labor. Economists weigh in on whether the Leap-Day math adds up

The Tax Battle : Opinion Brief
President Obama wants to cut the top corporate tax rate from 35 percent to 28 percent, but increase corporate tax revenue by closing loopholes.

Would Obama's corporate tax cut speed the recovery?

The president wants to slash the tax rate on businesses — but raise corporate tax revenue by eliminating loopholes

The U.S. Recovery : Opinion Brief
President Obama visits a Boeing plant in Washington state: Three years after the president's $787 billion stimulus was signed into law, critics argue that Obama's policies have failed to help the economy.

The economic recovery: Proof Obama's stimulus worked?

After years of sputtering, the U.S. economy seems to be picking up steam. But Republicans say the president's policies have only gotten in the way

The U.S. Recovery : Controversy
Traders on the New York Stock Exchange: The Dow Jones Industrial Average reached 13,000 points on Tuesday for the first time since the 2008 financial crisis.

Is the U.S. in the middle of a 'false recovery'?

Stocks are up. The unemployment rate is down. But that was also true a year ago, and back then, things didn't exactly work out like we hoped

Wall Street : Instant Guide
Abandoned bungalows in Far Rockaway, New York: In 2008, this beachside town was referred to as "ground zero" of the subprime mortgage crisis.

The return of subprime bonds: Is Wall Street courting disaster?

Everything old is new again, as investors snap up bundles of the same toxic subprime loans that led to the great crash of 2008

Unemployed in America : Burning Question
Job seekers at a Colorado employment fair: Congress extended unemployment benefits, but controversially mandated drug-testing for certain applicants.

Unemployment benefits: Should drug testing be required?

Under new legislation, the jobless will have to undergo drug testing in certain cases. If Republicans had gotten their way, it would have been all cases

The Tax Battle : Analysis
A Joos Van Cleve painting of Christ: Quoting scripture in a recent speech, President Obama said that the blessed should give more than the less fortunate.

Would Jesus raise taxes on the rich?

Yes, He would, suggested Obama at Thursday's National Prayer Breakfast. Is the president playing politics with scripture?

Unemployed in America : Opinion Brief
President Obama talks up his jobs plan at the construction site of a new Intel plant in Arizona: The U.S. economy unexpectedly gained a whopping 243,000 jobs in January.

The 'unequivocally strong' January jobs report

Employers go on an unexpected hiring spree in January, pushing the unemployment rate to its lowest point in three years. But is all the news good?

The U.S. Recovery : Opinion Brief
Congressional Budget Office Director Doug Elmendorf during Senate hearings last year: The CBO has released grim new predictions for the U.S. economy.

Is D.C.'s deficit obsession undermining the economic recovery?

A new report forecasts sky-high deficits for years without immediate, tough cuts — but alternative approaches are just as troubling

The Tax Battle : By the numbers
Lobbyists walk past the U.S. Capital last year: Nearly 700 congressional staffers owe a combined $10.6 million in unpaid 2010 taxes.

Tax dodgers on the federal payroll: By the numbers

Nearly 100,000 government workers owe a collective $1 billion in unpaid 2010 taxes — including employees at the Treasury Department and Government Ethics Office

Unemployed in America : The List
Temporary construction on Philadelphia's Citizens Bank Park: In December, the construction industry added jobs for the first time since 2006.

The 'heartening' December jobs report: 5 takeaways

The feds announce that 200,000 jobs were added to the economy last month, surpassing forecasts and adding momentum to the economic recovery

The U.S. Recovery : Opinion Brief
Traders on the floor of the NYSE: Our currency economic crisis has some troubling historic parallels with the "Long Depression" that began afflicting America in the 1870s.

Are we at the beginning of a 25-year recession?

The world economy faced a similar slump in the 19th Century. And it wasn't pretty

Bankrupt USA : The List
Cassandra Martin, age 6, lies on a bed in a Texas shelter in 2009: Thanks to the recession, 1 in 45 American children is now homeless.

America's 'bleak' child homelessness problem

A new report finds that a stunning 1 in 45 kids doesn't have a permanent roof over his head

The U.S. Recovery : Best Column
If there was no paper money, says Matthew Yglesias at Slate, then the Fed could slash interest rates below zero, and Americans would have no choice but to spend money or see the value of their savings go down.

Could killing cash save the economy?

Scrapping paper money would allow the Fed to slash interest rates below zero and jumpstart economic growth, argues Matthew Yglesias at Slate

Subscribe to the Week