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US Economic Status Quo
US debt can be US$205 trillion, expert2013-11-12
Dr Laurence Kotlikoff, professor of economics at Boston University and a research associate at the National Bureau of Economic Research, was recently interviewed by the Financial Sense Newshour about the true state of fiscal affairs in this country.
US trade deficit widens slightly on export decline2013-10-25
The U.S. trade deficit widened only slightly in August, dragged lower by a modest decline in exports. U.S. farmers sold fewer agricultural products overseas, offsetting the best month of sales for American-made cars on record.
US adds 148,000 jobs; jobless rate dips to 7.2%2013-10-23
The U.S. economy added just 148,000 jobs in September, suggesting that employers held back on hiring before a 16-day partial government shutdown began Oct. 1.
Existing-home sales in US drop by 1.9 % in September2013-10-22
Americans bought fewer existing homes in September than the previous month, held back by higher mortgage rates and rising prices.
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