Revenues up for state, local governments

2011-12-20T13:00:11Z

WASHINGTON (Reuters) - Tax revenues of U.S. state and local governments rose in the third quarter, the U.S. Census said on Tuesday, marking the eighth straight quarter of growth and heralding the promise of continued economic recovery in areas where revenues collapsed during the recent recession.

Revenues totaled $292 billion, rising 4.1 percent over the third quarter of 2010 to their highes...

Poverty rates up in most U.S. states, cities: Census

2011-10-20T14:00:57Z

WASHINGTON (Reuters) - The ranks of the poor rose in almost all U.S. states and cities in 2010, despite the end of the longest and deepest economic downturn since the Great Depression the year before, U.S. Census data released on...

Recession drove up poverty rates in most states

2011-09-26T14:00:12Z

WASHINGTON (Reuters) - Poverty rates increased in almost all U.S. states and the District of Columbia over the course of the economic recession, with the worst spike in the South, according to a congressional report released on Monday.

In the South the number of people living below the poverty threshold grew by 3.3 mi...

The 2010 top recession-proof cities in the US

2010-11-29T15:43:18Z

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Green Housing Comeback Predicted

2010-11-02T13:14:23Z

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Recession pummels incomes in many states: Census

2010-09-28T11:00:19Z

WASHINGTON (Reuters) - The economic recession that officially ended in 2009 pummeled people's earnings in many states, with the Census reporting on Tuesday that the state of Mississippi experienced some of the worst problems with both income and poverty of all the states that year.

Mississippi residents earned the lowest incomes in the Obama to back limiting size and risk-taking by banks

NEW YORK — President Obama will announce Thursday proposals to limit the size of U.S. banks as well as their risk taking, The New York Times reported late Wednesday, citing anonymous officials.

He also would bar...

HOW WEÕRE DOING THE STATE of THE UNION ACCORDING to THE BROOKINGS INSTITUTION

2010-09-22T13:51:42Z

THE STATE of THE UNION ACCORDING to THE BROOKINGS INSTITUTION

AN INDEX of THREE FACTORS

The economyÕs expansion last quarter, for the first time in more than a year, has prompted much speculation that the recession is over. This turning point, however, simply marks an end to the decline in activity. The unemployment rate is at the highest level since the early 1980s and full employment remains a long way off. Early this year a team of scholars at the

US income gap widens as poor take hit in recession

2010-04-16T10:06:02Z

Census data show a widening income gap in US as poor people take bigger hit in recession

The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets.

The wealthiest 10 percent of Americans — those making more than $138,000 each year — earned 11.4 times the roughly $12,000 made by th...

Washington's Dilemma: This Isn't a Recession, It's a Collapse

2010-10-22T07:17:40Z

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Older job seekers struggle to overcome age barrier

2010-04-16T11:31:45Z

Older job seekers struggle to overcome age barriers as 55-plus jobless rate hits record

Like many unemployed older workers, 64-year old Allan Kellum fears his age has made it harder to find a new job. At a recent job fair, Kellum expressed interest in a supervisory role coordinating an international health assistance program. A recruiter set him straight: "The people applying for that are young."

So now...

Geithner In Beijing

2010-10-21T10:00:29Z

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Meltdown: State and Local Governments Falling Short

2010-10-21T09:12:04Z

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ALL BUSINESS: Stock market doesn't reflect economy

2010-09-22T13:33:18Z

ALL BUSINESS: If stocks hit a bottom, don't assume that means the economy will soon look up

The stock market is not the economy.

The market's painful slide downward may be ending. The economy's suffering has a long way to go.

How do we know that? Washington is telling us. It's saying the economy is still in serious trouble and opening the possibility of another government-funded stimulus package.

"With the economy likely to be weak for several...

How Washington Is Fooling You: Trick #2, the GDP Charade

2010-10-21T09:00:16Z

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Little To Fear But Fear Itself

2010-10-21T08:58:53Z

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Baby Boomers Stressed Over Savings

2010-10-26T20:42:33Z

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Mega Millions

2011-01-05T01:31:03Z

Loretta Pride, right, smiles after receiving help from Ivey Coples with selecting numbers for her three Mega Millions lottery tickets at the The All In One Shop on Tuesday, Jan. 4, 2011, in Greensboro, N.C. Thousands of people lined up in 41 states and in Washington, D.C., ahead of the Mega Millions drawing on Tuesday in hopes...

NEW YEAR

2010-12-31T20:31:34Z

Oyuna Orosoo, from Washington, D.C., foreground left, is checked with a metal detector by NYPD police officer Toro, right, as she arrives for the New Year's Eve festivities in New York's Times Square Friday Dec. 31, 2010. (AP Photo/Tina Fin...

Deaths YE

2010-12-21T12:01:44Z

FILE - In this Monday, Dec. 19, 2005 picture, Sen. Ted Stevens, R-Alaska, speaks during a news conference in Washington, D.C. Stevens was killed Monday, Aug. 9, 2010 at 86 in a plane crash in a remote part of Alaska while on his way to a fishing trip. (AP Photo/Lauren Victoria Burke, File)

Tax Cuts

2010-12-16T20:31:50Z

Rep. Louise Slaughter, D-N.Y., , talks to reporters about the status of the tax legislation on Capitol Hill in Washington, D. C., Thursday, Dec. 16, 2010.(AP Photo/Harry Hamburg)

Indian Money

2010-12-05T14:31:26Z

FILE - In this Dec. 17, 2009 file photo, Elouise Cobell, right, looks on as Deputy Secretary of the Interior David Hayes testifies during a Senate Indian Affairs Committee hearing in Washington, D.C. Native Americ...

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