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Bernanke Sees Risks in Further Steps to Spur Jobs

WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Wednesday that the Fed can't take additional steps to try to ease high unemployment without escalating high inflation. If inflation were to accelerate, the Fed would have to raise rates to slow borrowing and spending and blunt price increases. Hiring might then...

Obama Says He Wants Oil Producers to Boost Output

WASHINGTON -- As the high cost of gasoline takes a toll on politics and pocket books, President Barack Obama said Tuesday he is calling on major oil producers such as Saudi Arabia to increase their oil supplies to help stabilize prices, warning starkly that lack of relief would harm the global economy. "We are in a lot of...

Senators Concede Feeling Pressure on Deficit Issue

WASHINGTON - The Democratic chairman of the Senate Budget Committee says if members of a Senate deficit group fail to come to grips soon with the deficit problem, "we won't be relevant to this discussion." But North Dakota's Kent Conrad declined in an appearance on NBC's "Meet the Press" to say specifically where the...

Gas Prices Loom as Re-Election Obstacle for Obama

WASHINGTON - With gas prices climbing and little relief in sight, President Barack Obama is scrambling to get ahead of the latest potential obstacle to his re-election bid, even as Republicans are making plans to exploit the issue. No one seems more aware of the electoral peril than Obama himself. "My poll numbers go up...

Obama Pumps Plan to Develop Renewable Energy

WASHINGTON -- President Barack Obama says one answer to high gasoline prices is to spend money developing renewable energy sources. "That's the key to helping families at the pump and reducing our dependence on foreign oil" in the long term, he said Saturday in his weekly radio and Internet address. Obama raises the...

economics News From AOL

THE HUFFINGTON POST

Minimum Wage For Restaurant Servers Remains Stagnant For 20 Years Under Industry Lobbying

Rebecca Williams has waited tables, on and off, for 30 years.

THE HUFFINGTON POST

Clinton: Arctic Cooperation Essential

U.S. Secretary of State Hillary Rodham Clinton on Saturday ventured north of the Arctic Circle and urged international cooperation in a region that could become a new battleground for natural resources.

THE HUFFINGTON POST

Granny Flat Tax Breaks Considered By Eric Pickles

Hundreds of thousands of families could benefit from tax breaks on "granny flats" under plans being considered by the government, Eric Pickles said on Saturday.

THE HUFFINGTON POST

So You Think You Can Think? Think Again!

A paper in this week's Nature Climate Change reinforces a really important insight about the limits of our ability to reason and think rationally.

AUTOBLOGGREEN

Washington gets 10 EV charging stations between Seattle, Canadian border

BELLINGHAM, Wash., May 30, 2012 â The border-to-border vision of the West Coast Electric Highway moves closer to becoming a reality today with the opening of new EV charging sites, extending the highway to the Canadian border and opening it to electric vehicle (EV) drivers from both countries.

economics News From the Web

06/02/12 Harper, Tory MPs challenge Kent on climate science,... Source: Calgary Herald - Alberta - Canada OTTAWA Ã¢ While scientists and environmentalists criticize him for doing little to fight climate change, Environment Minister Peter Kent also has been questioned by his Conservative party colleagues, including the prime minister, about whether the scientific evidence is real and requires a government response.
06/02/12 Ireland votes on Europe's deficit-fighting treaty Source: Bennington Banner - Bennington VT Saying yes could mean dooming Ireland to more long, hard years of austerity.
06/02/12 Prices at the pump still falling Source: FOX - KOKH 25 - Oklahoma City OK BROOKLYN PARK, Minn. Gas prices have fallen another nickel over the past week to a national average of $3.61 per gallon.
06/02/12 NJ Officials Extend Deadline For Property Tax Bills... Source: CBS - KYW AM 1060 - Philadelphia PA State officials have extended the deadline for eligible New Jersey homeowners to apply for credits on their property tax bill.
06/02/12 Iraq oil income drops on lower prices Source: Channel NewsAsia Iraq's revenues from oil sales fell in May compared to the previous month as a result of declining global crude prices and increased domestic demand, the oil ministry said on Saturday.