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For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement. Complete Story...
Marathon Oil will cut capital expenditures by about $1 billion in 2010, the company said Thursday, with a larger percentage of funds going toward exploration and production and a smaller percentage toward its hard-hit refining business.
Shoppers face a dizzying array of offers of help in the form of new Web sites, services and mobile phone applications as they set out for their holiday shopping this year.
Virginia spent 74 percent more money overall in its most recent budget than it did 10 years earlier, the result of the economy, population growth and decisions by the General Assembly, according to the legislature's watchdog agency.
American Express Co. said Tuesday that spending on its credit cards increased in October for the first time this year, an encouraging sign that consumers may be feeling more confident about the economy.
Faculty at the University of California, Berkeley, are crying foul about the millions of dollars in subsidies directed to the school's athletic department.
Construction spending in September posted a better-than-expected performance, powered by the largest jump in housing construction in more than six years.
Last week's news that the economy is growing again produced a number of reports that "the Great Recession is over." Even if that were true, what follows may be more painful that any economic recovery in living memory.
Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.
Those tax-free spending accounts that you and your co-workers use to help pay for dental work, insurance copayments or over-the-counter drugs face a hit under the health overhaul bills in Congress — unless a coalition that includes a powerful union, insurers and others can stop it.
Consumer spending likely fell in September, as auto sales took a nosedive with the end of the popular Cash for Clunkers program.
An audit finds a government group in Kentucky spent millions on booze, sports tickets, strippers and other questionable expenses over three years.
The poor state of Oklahoma's bridges and roads is "life threatening," and the state can't afford Congressional bickering that threatens to block federal aid for improvements, Oklahoma Sen. Jim Inhofe said Wednesday.
A National Park Service study has ranked the Great Smoky Mountains as tops in visitor spending.
The Senate on Thursday cleared a stopgap spending measure to avoid shutting down most federal agencies at midnight Saturday.
New Hampshire's House Republicans are holding a summit on Tuesday to discuss ways to cut spending as a counter to a seminar last week by the chamber's tax-writing committee on the state's tax structure.
Research group Gartner Inc. says the information technology industry is closing its worst year on record, with worldwide tech spending on track to decline 5.2 percent in 2009.
The Senate on Thursday approved a bill to basically freeze spending on energy and water projects next year after pouring tens of billions of dollars into them as part of last winter's economic stimulus plan.
Dairy farmers suffering from low milk prices would benefit from $350 million in emergency funding approved by the Senate on Thursday as it cleared a $121 billion agriculture spending bill for President Barack Obama's signature.
As President Barack Obama weighs major shifts in strategy in the deteriorating mission in Afghanistan, the Senate on Tuesday passed a bill bringing the total U.S. tab for that war to about $300 billion.
Despite hopeful signs among this week's economic data, the recovery from the worst downturn in decades remains hostage to the high jobless rate. By msnbc.com's John W. Schoen.
Construction spending rose unexpectedly in August on the biggest jump in housing activity in nearly 16 years, another sign the housing sector is mounting a recovery.
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years even though personal incomes continued to lag.
Congress on Wednesday sent President Barack Obama a one-month stopgap spending bill to keep the government from shutting down with the start of the new fiscal year on Thursday. The legislation:
In a rebuff to both President Barack Obama and his former presidential opponent, Republican Sen. John McCain, the Senate on Wednesday rejected an effort to kill $2.5 billion for 10 new C-17 cargo jets and devote the money to military readiness accounts.
Dems alarmed as independents boltMounting evidence that independent voters have soured on the Democrats is prompting a debate among party officials about what rhetorical and substantive changes are needed to halt the damage.
Recovery Board Chairman: We Can't Certify Jobs Data at Recovery.govABC News' Rick Klein reports: The chairman of the Obama administration's Recovery Board is telling lawmakers that he can't certify jobs data posted at the Recovery.gov Web site -- and doesn't have access to a "master list" of stimulus recipients that have neglected to …
Blue Dogs Wary of Another StimulusHouse Democratic leaders signaled Tuesday that they are moving full steam ahead with a stimulus bill in the coming weeks, a plan that is already dividing fiscally conservative Democrats unsure of whether they can swallow another multibillion-dollar spending package.
A Partisan History of the National DebtA great write-up with plenty of references.
To Create Jobs Today We Must Focus On Creating A New Energy Grid!By focusing on solutions we have available today, and utilizing resources we readily have available in America such as Natural Gas, we will reduce our unemployment rate of 10.2%.
Stimulus job boost in Massachusetts exaggerated, review finds -- Errors, incomplete data, estimated positions go into federal report"While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated.
Tax Cuts and RecoveriesVery interesting observations regarding the use of tax cuts to spur recovery. The evidence suggests GWB stopped reading his history after the tax cut chapter.Ronald Reagan signed a large tax cut in the summer of 1981, while the economy was in recession.
Spending Stimulus Can't workThe first 2009 "stimulus" bill included billions in outright pork and wasteful spending:
This Christmas is not likely to be a merry one for most retailers. With consumer sentiment on the decline, consumer spending down, incomes flat, unemployment still rising, and a massive wave of foreclosures and loan defaults coming, who can blame them.
Nancy Pelosi's lesson: 'You can't always get what you want'Even before her bill reaches the House floor, health care reform has been a lesson in the limits of power for House Speaker Nancy Pelosi — and in the immense challenge of managing disappointment on the left.
Kentucky Association of Counties Audit Finds 'Lavish' Spending, Gifts and Extra Benefits"State Auditor Crit Luallen's examination of the Kentucky Association of Counties found $3 million in questionable and "lavish" spending over the last three years." This audit was released on October 29, 2009.
Democrats push to convert stopgap spending measure into mini-stimulusAppropriators included measures in the latest continuing resolution to provide relief to struggling homeowners, public housing tenants and small businesses.
Bartlett Eviscerates Zuckerman on Obama's SpendingA good explanation of Obama's spending vs. the budget deficit...
Stimulus' big boost to the economy? It already happened. White House economist Christina Romer said Thursday that the stimulus package's impact on the economy will weaken from here on."Americans hoping for a big economic boost from President Obama's economic stimulus programs got a douse of cold water Thursday: The White House's top forecaster said the largest impact of the stimulus on economic growth is probably in the rear view mirror.
Big Government Equals Big Mistakes"NEW YORK (CNNMoney.com) -- Gaffes in federal reports this week about stimulus have called into question the government's ability to accurately track how many jobs are being created by the massive $787 billion Recovery Act.
U.S. troop funds diverted to pet projects Senators diverted $2.6 billion in funds in a defense spending bill to pet projects largely at the expense of accounts that pay for fuel, ammunition and training for U.S. troops, including those fighting wars in Iraq and Afghanistan, according to an analysis.
6 Steps to a Better BudgetMost Americans don't have a budget according to this article. But millionaires do. Millionaires, this article says know the importance of spending money on the right things.
Congress curbs pet projects -- a littleSpending on lawmakers' pet projects is heading down this year, but Congress is still on track to far exceed what President Obama set as an acceptable spending level during the 2008 campaign, a USA TODAY analysis has found.
Is the Stimulus Spending Working?With the economy showing some slight signs of life, liberal pundits are crowing that the Obama administration's stimulus package is working.
Mrs. Pelosi's VAT Candor about taxes is rare in Washington, so when House Speaker Nancy Pelosi admits that Democrats may have to impose a huge new tax on the middle class to fund their spending ambitions, believe her.
Truthout to Congress: Stop Funding Endless WarTruthout calls on the Obama administration and Congress to embrace a firm shift in mindset and engage in the critical thinking necessary to end the war by peaceful means.
U.S. Budget Deficit Hit Record $1.4 Trillion in 2009WASHINGTON -- The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.
Skepticism about second stimulusA day after President Barack Obama acknowledged he was exploring "additional options to promote job creation," Washington opinion leaders and policy makers on Sunday cautioned against a new stimulus package, urging more targeted steps to ease mounting unemployment.
From recession to depression? What to do now Money is tight right now, as we all know. Seeing a movie, going out to dinner, even buying an impromptu cup of coffee -- things many of us used to do without a second thought -- now need to be factored into the monthly budget.
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