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Category Archives: Wall Street Journal
Deficit Again Expected to Top $1 Trillion
By KRISTINA PETERSON And DAMIAN PALETTA WASHINGTON—The federal budget deficit likely will top $1 trillion for the fourth consecutive year in fiscal 2012 as the economy continues to grow at a sluggish pace, the nonpartisan Congressional Budget Office predicted Tuesday. Congress’s official budget scorekeeper projected a sober outlook in its semi-annual report Tuesday, forecasting that [...]
Posted in Budget, Congress, National Debt, Solid Principles, Wall Street Journal
Tagged as: Budget, CBO, Congressional Budget Office, Economy, Federal Deficit Spending, Wall Street Journal
The Desolate Wilderness
Here beginneth the chronicle of those memorable circumstances of the year 1620, as recorded by Nathaniel Morton, keeper of the records of Plymouth Colony, based on the account of William Bradford, sometime governor thereof: So they left that goodly and pleasant city of Leyden, which had been their resting-place for above eleven years, but they [...]
Posted in Solid Principles, Wall Street Journal
Tagged as: Thanksgiving Day, The Desolate Wilderness, WSJ
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Dow Sinks 6.4% for Week
By STEVEN RUSSOLILLO THE WALL STREET JOURNAL Fears of a possible Greek default and the U.S economy dipping back into recession pushed the Dow Jones Industrial Average to its worst weekly decline in nearly three years. Stocks edged slightly higher on Friday, as a pledge from global officials to maintain financial stability alleviated some investor [...]
Posted in Business, Economy, Solid Principles Report, Wall Street, Wall Street Journal
Tagged as: Business, DJIA, Dow Jones Industrial Averages, Economy, Wall Street
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Economy Sinks Markets
The U.S. economy is showing new signs of fatigue, depressing financial markets, discouraging consumers and unsettling businesses. The Dow Jones Industrial Average lost 419.63 points, or 3.7%, Thursday, and is down 9.5% for August amid soaring trading volume and some of the worst volatility on record. Angst about the health of the U.S. and European [...]
Compromise?
“I can pretty confidently say this debt-ceiling increase will avoid default” Senate Minority Leader Mitch McConnell Are the Republicans about to cave in? For real-time updates on the Debt Ceiling visit WSJ’s Live Blog Recommend on Facebook Share on Linkedin Share with Stumblers Tweet about it Tell a friend
Posted in Debt Ceiling, Wall Street Journal
Tagged as: Debt Ceiling Crisis, National Debt, Republican Senate Leader Mitch McConnell, WSJ
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Sluggish Hiring Seen as a Threat to Recovery .
By PHIL IZZO The potential for a persistent slowdown in hiring is the biggest threat to the U.S. recovery, according to economists in the latest Wall Street Journal economic forecasting survey, as they sharply cut the number of jobs they projected the economy would create in coming months. “If jobs don’t grow fast enough, the [...]
Posted in Business, Economy, Wall Street Journal
Tagged as: Economy, U.S. economy, Unemployment, WSJ
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The Future of Music is No Longer Medieval
Fans Rock Out—On A Sales Commission After a breakout debut in 2005, the British rock group Kaiser Chiefs released two more albums, then effectively burned out. They were tired of the grind of promoting records, says singer Ricky Wilson: “Even being in a rock and roll band wears you down.” Then the group came up [...]
Posted in Music, Wall Street Journal
Tagged as: Kaiser Chiefs, Music Business, Radiohead, The Future Is Medieval, WSJ.com
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