Current Events

Current Events

EconEdLink provides access to the latest economics news and information. Come here to learn more about what's happening in the world of economics and access related lesson plans.

Economics News

ABC News	Obama Eyes $300 Billion Tax Cut - Wall Street Journal Wall Street Journal The largest piece of the overall tax relief would involve cuts for people who pay income taxes or who claim the earned-income credit. ... Video: Obama Meets With Speaker Pelosi AssociatedPress Obama floats trial balloon for mammoth tax cuts Milwaukee Small Business Times Obama Plan Includes $300 Billion in Tax Cuts New York Times CQPolitics.com all 3,531 news articles Monday January 5, 2009 Related Lessons: Wages and Me Take a Risk on Investor Island (Part III) Tax Time Scavenger Hunt
Clackamas Review	Fed, ECB prepare to tackle deflation head-on - Reuters Reuters In just a few months, central bankers' concerns have flipped from fighting inflation to staving off possible deflation -- a condition in which falling ... Concerns Over Deflation May Overshadow Obama Package CFD Trading ECB, Fed partner in battle against deflation SmartBrief US stock futures slip ahead of auto sales data MarketWatch Seeking Alpha- Wall Street Journal Blogs all 163 news articles Monday January 5, 2009 Related Lessons: A Case Study: U.S. Consumer Price Index, October 16, 2008 A Case Study: U.S. Consumer Price Index, January 16, 2008 A Case Study: U.S. Federal Reserve System and Monetary Policy - January 30, 2008
WTNH	Budget deficit tops concerns - Connecticut Post Connecticut Post,CT By Ken Dixon HARTFORD -- The state's bulging budget deficit will dominate the 2009 General Assembly, but the 21-week legislative session will be a chance ... State Comptroller Nancy Wyman puts Connecticut's 2009 budget ... Hartford Courant Rell Calls For 3rd Round Of Budget Cuts WFSB State's deficit now expected to surpass the $340M mark TheDay Journal Inquirer- New Canaan News Review all 26 news articles Sunday January 4, 2009 Related Lessons: Jesse 'The Body' Wants to Give Money Away! You Can BANK on This! Part 2 Be an Energy Saver
Cars.com	Another attempt to dispute the disproportionate attention paid to ... - Grist Magazine Grist Magazine,WA Why don't we try to directly increase elasticity of demand by creating more low-carbon alternatives? Build the crap out of public transit. ... Talk of a New Gas Tax Begins on National and State Levels Cars.com all 3 news articles Tuesday December 30, 2008 Related Lessons: Fiscal and Monetary Policy Process The Price of Gasoline: What's Behind It? Tic Tac Taxes!
	Economic downturn set to widen Asia's rich-poor gap - Reuters Reuters By Alan Wheatley, China Economics Editor - Analysis BEIJING (Reuters) - Yu Yongding, an eminent economics professor in Beijing, recalled the other day how ... Monday December 22, 2008 Related Lessons: The American Standard of Living - For Better or For Worse A Case Study: U.S. Employment and the Unemployment Rate - December, 2007 A Case Study: U.S. Consumer Price Index, February 20, 2008
SanFranciscoSentinel.com	White House Philosophy Stoked Mortgage Bonfire - New York Times New York Times,United States Lehman Brothers had just gone belly-up, overwhelmed by toxic mortgages. Bank of America had swallowed Merrill Lynch in a hastily arranged sale. ... 'How did we get here?' Los Angeles Times Bush's Bonfire of the Mortgages Beliefnet.com Morning Bell: A Legacy That Matters Heritage.org Housing Wire all 38 news articles Monday December 22, 2008 Related Lessons: The Early 1980s: A Tough Time For Home Builders and Mortgage Bankers Trish and Scott's Big Adventure: An Investigation of Regional Housing Costs Buying vs. Renting
	US bail-out loans confirmed at last for GM and Chrysler - TheGreenCarWebsite.co.uk TheGreenCarWebsite.co.uk,UK The announcement could not come a moment too soon, as GM and Chrysler both warned that they run out of cash within a matter of weeks. ... Video: Bush: Auto Bailout Is the 'responsible' Move AssociatedPress White House to bail out GM and Chrysler, Central Coast dealership ... MSNBC Bush Offers Auto Industry Bail Out WGRZ-TV The Hill- Scotsman all 6,767 news articles Monday December 22, 2008
Washington Post	Oil prices fall with few signs of economic rebound - The Associated Press The Associated Press Even gas prices, which have tumbled from summer highs above $4, have not led to increased demand as millions of Americans lose jobs and cut back on spending ... FUTURES MOVERS Oil falls as demand concerns outweigh OPEC MarketWatch Flashback Energy ? 22nd Dec, 08 Commodity Online Oil falls after Fed rate cut CNNMoney.com China Daily- The Associated Press all 6,041 news articles Monday December 22, 2008 Related Lessons: If I Ran the Zoo - Economics and Literature Trade to the Tailor Hawaiian Economics: Barter for Fish & Poi
San Francisco Chronicle	The increase - and dangers - of unemployment everywhere - San Francisco Chronicle San Francisco Chronicle, USA (Cited by Press Association) According to the US Department of Labor, "Michigan again had the highest monthly unemployment rate of all US states in November ... Monday December 22, 2008 Related Lessons: A Case Study: U.S. Employment and the Unemployment Rate, May 2, 2008 A Case Study: U.S. Employment and the Unemployment Rate, October 3, 2008 A Case Study: U.S. Employment and the Unemployment Rate - December, 2007
	Idea of Economic Depression Becoming Less Far-Fetched - Gallup.com Gallup.com,DC by Lydia Saad PRINCETON, NJ -- Since March, the percentage of Americans largely ruling out the possibility of an economic depression in the next two years ... Monday December 22, 2008 Related Lessons: One Country / Two Systems A Case Study: U.S. Employment and the Unemployment Rate - March 7, 2008 A Case Study: Gross Domestic Product - Third Quarter 2003
Fresh News	China Cuts Key Rates for Fifth Time in Three Months - Bloomberg Bloomberg ?The surprise is how small the move is,? said Mark Williams, an economist with Capital Economics in London. ?There?s been a sudden very rapid deterioration ... China cuts interest rates Fund Strategy all 202 news articles Monday December 22, 2008 Related Lessons: A Case Study: U.S. Federal Reserve System and Monetary Policy - January 30, 2008 A Case Study: U.S. Consumer Price Index, February 20, 2008 A Case Study: U.S. Federal Reserve and Monetary Policy, March 18, 2008
Javno.hr	Trade Barriers Toughen With Global Slump - CBS News CBS News,NY Only a few weeks after world leaders vowed at a Washington summit to reject trade protectionism and adhere to free-market principles as they combat the ... Trade Barriers Toughen With Global Slump Washington Post Philip Bowring: Free trade under threat International Herald Tribune ?We will deal with complaint as per WTO rules?? Commerce Ministry Fibre2fashion.com all 257 news articles Monday December 22, 2008 Related Lessons: Deregulation and the California Utilities Economics in the Headlines The Economics of the Family Farm
	Bracing For The Global Economic Downturn - Free Internet Press Free Internet Press,NY The core issue in Germany revolves around the future of a domestic economy that depends more heavily than most on the global economy. ... Sunday December 21, 2008 Related Lessons: A Case Study: U.S. Employment and the Unemployment Rate - February 1, 2008 A Case Study: U.S. Employment and the Unemployment Rate, October 3, 2008 A Case Study: U.S. Employment and the Unemployment Rate, May 2, 2008
	Mixed Views On $17.4 Billion Auto Bailout - CBS News CBS News,NY Congressional Republicans don't like the idea of using money from the $700 billion bailout program intended for banks and other financial firms, ... Video: Bush: Auto Bailout Is the 'responsible' Move AssociatedPress White House to bail out GM and Chrysler, Central Coast dealership ... MSNBC US bail-out loans confirmed at last for GM and Chrysler TheGreenCarWebsite.co.uk Foster's Daily Democrat- Scotland on Sunday all 6,767 news articles Saturday December 20, 2008 Related Lessons: Work, Earnings and Economics: Using The Five Stages of Investing Show Me the Money!
AFP	US Leading Economic Indicators Probably Declined - Bloomberg Bloomberg 18 (Bloomberg) -- The index of US leading economic indicators probably fell in November for the fourth time in five months, reflecting the worsening outlook ... The Conference Board US Leading Economic Index Declines Again KIVI-TV all 245 news articles Thursday December 18, 2008 Related Lessons: A Case Study: The Inflation Rate - November 2001 A Case Study: The Federal Reserve System and Monetary Policy - May 4, 2004 The Unemployment Game

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