September 9, 2012 Paul Ryan gained national attention and praise from conservatives with bold proposals to cut the deficit and balance the budget. But critics say the Republican vice presidential nominee's talk doesn't match his record. To others, he is more a small-government conservative than a deficit hawk.
August 14, 2012 Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the Federal Reserve.
July 24, 2012 In politics, offshoring and outsourcing are dirty words. President Obama and Republican challenger Mitt Romney have traded attacks over the issue of American jobs being moved overseas. But economists tend to see the trend as inevitable in a modern global economy.
July 13, 2012 The New York Federal Reserve learned in 2007 that some banks might have low-balled the rates they expected to pay for loans from other banks. They may have manipulated the so-called LIBOR rate in an attempt to avoid appearing weak, which would have meant they'd have to pay higher rates, newly released documents show.
July 11, 2012 Despite the persistence of the European financial crisis, the euro has held up relatively well since the crisis began. While the currency has lost some value against the dollar, its performance has defied ongoing speculation that the currency union is doomed. But can it last?
June 27, 2012 Europe's leaders are gathering in Brussels to salvage the euro and work toward a tighter fiscal union. But coming together also requires a tough trade-off for each country: surrendering significant control of the national budget for greater economic stability.