. Out of 22 advanced economies in the mix, 14 of them breached the 100% debt-to-GDP threshold at least once between 1875 and 1997. (The high debt came from nat
Is There Hope for High-Debt Economies? - Real Time Economics - WSJ - 0 views
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The good news: the nations that built up high debt still exist.
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The bad news: working off heavy debt loads takes an incredibly long time. Fifteen years after breaching the 100% mark, the median debt-to-GDP ratio was only 10 percentage points lower, the IMF said in a new report released Thursday
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Social Security benefits will get small cost of living bump - Oct. 9, 2012 - 0 views
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The Labor Department will release its September inflation reading on Oct. 16, which is the final of 12 readings used to calculate the cost of living adjustment made annually to benefits. The Social Security Administration will announce the 2013 benefit increase at that time. Benefits increased by 3.6% in 2012, when inflation was higher.
Federal Reserve official wants low interest rates until unemployment falls to 6.5% - No... - 0 views
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Charles Evans, president of the Chicago Fed, wants the central bank to keep the federal funds rate near zero until unemployment falls to 6.5% -- a jobless rate not seen since 2008.
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in January he will rotate into a voting role on the Fed's policymaking committee. For about a year, he has been urging his colleagues to publish clear economic targets that would guide the central bank's policies.
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. He wants to see the unemployment rate fall to at least 6.5% and inflation not exceed 2.5% a year
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AP top news headlines | Tampa Bay Times - 0 views
OPEC must prepare for big rise in oil supplies - Economic Times - 0 views
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