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The Two-Way
Pew Study: Americans In The Northeast Have More Economic Mobility
May 10, 2012 Southern states like Florida and Texas scored the lowest on Pew's mobility index.
Europe
Bond Market Shrugs Off France's Presidential Vote
May 8, 2012 The arguments for growth policies as opposed to austerity are taking center stage in Europe after the French and Greek elections. French President-elect Francois Hollande was voted in to a large extent because of his pro-growth, anti-austerity rhetoric, but he is not rejecting austerity altogether.
Economy
On Jobs, Bad News Is Bad. The Good News Is Bad, Too
May 5, 2012 For the second month in a row, weak job growth numbers unsettled nerves in the White House and on Wall Street. But why wasn't the drop in the unemployment rate viewed as good news?
Economy
Fed Chief Bernanke To Discuss Sluggish Economy
April 25, 2012 Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.
The Two-Way
At The IMF, $430 Billion In Pledges Buys Leverage For Emerging Markets
April 21, 2012 The IMF went into this weekend's meetings with a goal of raising enough funds to deal with the European debt crisis. China, Brazil and other countries helped surpass that goal, but there's something they want in return.
Europe
Strings Attached To IMF's New Financial Firepower
April 21, 2012 Member countries have pledged $430 billion to add to the International Monetary Fund's crisis-fighting arsenal. The aim is to amass enough resources to handle any further problems coming from the prolonged debt crisis in Europe, but the funds come with a few caveats.
Economy
U.S. Wallet Closed As IMF Seeks To Build Crisis Fund
April 19, 2012 At a news conference kicking off the spring meetings of the International Monetary Fund and the World Bank, IMF Managing Director Christine Lagarde said she wants to secure at least $400 billion for a special crisis fund for Europe. Thus far, the U.S. has chosen not to contribute.
Business
U.S. Has A Natural Gas Problem: Too Much Of It
April 17, 2012 A boom in natural gas in the U.S. has driven prices to 10-year lows, threatening the viability of some producers. People needed less gas to heat their homes this winter, but at the same time a huge increase in gas production was made possible by new methods of coaxing gas out of shale rock formations.
Economy
Just How Strong Is The Job Market?
April 6, 2012 The government's monthly employment report Friday could help answer a key question about the economy: Will the recently strong job growth slow once employers finish replacing the people they fired during the depths of the recession?
Business
Oil Scare Turns FedEx On To Energy Efficiency
April 2, 2012 When Fred Smith started FedEx in 1971, the company nearly didn't make it because of the spike in fuel costs related to the Arab oil embargo. That experience led Smith to turn FedEx into one of the leaders in looking for alternatives to power its vans, trucks and jets.