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Federal Reserve Chairman Ben Bernanke prodded Congress on Friday to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis. ...more
October 24, 2009
WASHINGTON - Brace yourself: The recession is projected to worsen this year. The country stands to lose a sizable chunk of economic activity in 2009 as consumers at home and abroad retrench in the face of persistent economic troubles. And the U.S. unemployment rate - now at 7.6 percent, the highest in more than 16 years - is expected hit a peak of 9 percent this year. ...more
February 23, 2009
Tradition requires President-elect Barack Obama to give his top supporters a big party on Inauguration Day. Unfortunately, the nation's business owners and laid-off workers are in no party mood, whether they voted for him or not. ...more
January 18, 2009
According to Education Week magazine, Florida offers its young people an above-average public education while not spending as much on schools as most other states. We call that a bargain. ...more
January 10, 2009
If the 1930s taught us anything, it was that one way to make a depression "Great" is for countries around the world to go protectionist. ...more
December 21, 2008
The people behind the 2000 referendum on amending the Florida constitution to place limits on the number of students in public school thought they had a clever way to force the Legislature to spend more money on public education. We've always thought changing the constitution is a bad way to make public policy, but eight years ago voters approved the class size limits. ...more
October 15, 2008
President Bush and financial leaders from nations rich and poor pledged Saturday to intensify efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. ...more
October 12, 2008
General Motors Corp. shares hit their lowest price since 1949 in the opening minutes of trading Friday as financial turmoil and a weakening global auto market heightened worries that the automaker may be unable to pull out of its nosedive before it runs out of cash. ...more
October 10, 2008
Michael Douglas had to field questions Wednesday about the financial turmoil shaking world markets from reporters recalling his role in the 1987 film "Wall Street." ...more
September 25, 2008
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