- Bomb squad called after live WWII artillery washes on Cape Cod beach
- HAYDEN: Intelligence, evidence and the case against Russia
- Ohio university quiz implies atheists are naturally smarter than Christians
- Rep. Henry Cuellar on border crisis: ‘Playing defense on the one-yard line’
- Activists vow to occupy fast-food restaurants to get higher pay
- Rep. Luis Gutierrez: Senate Dems wary of immigration politics
- Summer camp for 1 percenters: Sushi, limos and shopping at FAO Schwarz
- Colorado gun crackdown law found to be built on faulty data
- Hank Aaron steps to fundraising plate for Democrat Michelle Nunn
- ISIL terrorists blow up burial site of Jonah, vow more of same
Latest Tom Porcelli Items
The latest report from the Commerce Department revealed a shocking 2.9 percent drop in economic output during the winter quarter that amounted to the biggest loss of economic traction since the first quarter of 2009, when the economy and financial markets were in free fall.
Wall Street stocks soared Thursday on signs of a possible breakthrough in the standoff in Washington, with House Republicans proposing a short-term increase in the national debt limit that would prevent a possible default on U.S. Treasury securities for another six weeks.
Reading the economy these days is like taking a Rorschach test: Optimists see signs of progress in each economic report, while pessimists see the end of the expansion and many others host middling views.
Gasoline prices appear to have peaked more than a month earlier than usual this year at less than $4 a gallon, reflecting reduced tensions with Iran and declining demand for fuel in the U.S. and China, oil analysts say.
The Christmas shopping season started with a bang and the consumer mood is brightening at a critical time during the month that brings a quarter of the year's retail sales in the U.S.