STAFF BLOG CAPITOL CHATTER Update: Education debate about more spending, better economy
By Don Davis
A debate about education funding goes beyond helping individual students: There is widespread agreement that a better education system would help the economy.
However, there is less agree... Posted on 4/23/13 at 9:48 PM
STAFF BLOG NIE ROCKS! The Fiscal Cliff
What is the fiscal cliff? It is a term first used by Federal Reserve Chairman Ben Bernanke to describe the impact on the economy of about $502 billion in expiring tax cuts and spending reductions, bot... Posted on 12/5/12 at 3:11 PM
COBBERS ON THE BRAIN Obesity: The Rising Epidemic
According to the Center for Disease Control and Prevention website, . There has been an increase in obesity in the United States and rates remain high. More than one-third of U.S. adults (35.7... Posted on 11/25/12 at 4:20 PM
Life is most expensive for people living in Hawaii, New York and Washington, D.C., and cheapest for those in South Dakota, North Dakota and Mississippi, according to U.S. government data released on Wednesday.
It may not have been Ronald Reagan and Mikhail Gorbachev's Cold War walk by a frozen lake in Switzerland. But President Barack Obama and Chinese leader Xi Jinping's 50-minute stroll through an estate in the California desert could mark a notable moment in the relationship between the heads of the world's two largest economies.
Opening a two-day summit, President Barack Obama drew attention to contentious economic and cybersecurity issues Friday night as he warmly received Chinese President Xi Jinping to a California desert estate for high-stakes talks.
The U.S. Bureau of Economic Analysis says North Dakota's economic growth has outpaced all other states for the third straight year. The report says that North Dakota's gross domestic product increased by 13.4 percent to $38.7 billion in 2012. GDP measures total economic production.
The U.S. economy is adding jobs at a steady pace — enough to show strength in the face of tax increases and government spending cuts if not enough to reduce still-high unemployment. Employers added 175,000 jobs in May, and the unemployment rate rose to 7.6 percent from 7.5 percent in April.
Christopher S. Rugaber and Paul Wiseman
, June 07, 2013
Hiring by U.S. firms was sluggish in May while a sharp rise in mortgage interest rates last week weighed on what has been a buoyant housing market, adding to signs the economy lost some momentum in the second quarter.
Underneath the huge drop in demand that drove unemployment up to 9 percent during the recession, there’s been an important shift in the education-to-work model in America. Anyone who’s been looking for a job knows what I mean.
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