Wealth & Strategy

American families continue to deal with the stress and pressures of job loss – and a total of 13.7 million unemployed workers. The Department of Labor report today that non-farm payroll employment continued to decline… April Job Losses Lower Than Expected

Federal Reserve Chairman Ben Bernanke said Tuesday in prepared testimony that the economy is showing some signs of stabilizing and is likely to rebound later this year, and that the rate of inflation should stay… Bernanke: Recovery Later This Year

President Obama outlined his $3.6 trillion budget for 2010 today and addressed that his administration has found 121 programs that can be reduced or eliminated to save American taxpayers nearly $17 billion next year alone.… Obama Announces $17 Billion in Budget Cuts

Today President Obama and Treasury Secretary Timothy Geithner unveiled a plan to curb tax havens, and replace the tax advantages that encourage businesses to shift jobs overseas with incentives for creating those jobs here at… Tax Havens Targeted by Obama

The number of people who filed for unemployment insurance benefits for the first time dropped for the week ending April 25, according to a report released by the Labor Department on Thursday. Last week in… Initial Jobless Claims Decrease for Last Week

Despite concerns over the swine-flu outbreak, the markets reacted positively to a report that signals the public’s pessimism about the economy may be easing. Consumer confidence had its biggest one-month jump in four years, from… Consumer Confidence Rises Dramatically

Struggling auto giant General Motors announced a plan on Monday to exchange 225 shares of common stock for every $1000 of outstanding notes in an effort to reduce its debt costs – “a vital component… GM Announces Aggressive Plan to Avoid Bankruptcy