| Sep 13, 2013
| 11:27 AM
I feel House Speaker John Boehner's pain.
Maybe it's because we're both from Ohio and we were both raised by parents who grew up during the Depression, but I am completely in sync with Boehner on the threat posed by the federal debt. And though we may...
| Sep 17, 2013
| 9:35 AM
WASHINGTON – The federal deficit has shrunk to its lowest level since 2008, when President Obama won election at the start of the Great Recession, and is on track to decline even more thanks to an improving economy, higher taxes on the wealthy and...
| Jun 11, 2013
| 7:51 PM
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency.
That's what's prevented lawmakers from dealing with their real task, which is...
| Jun 12, 2013
| 2:45 PM
By some measures, L.A.'s Center Theatre Group is the busiest nonprofit stage company in the nation — and it's the biggest by far outside Manhattan. But now this theatrical giant is in serious need of more than a little help from its friends.
| Jun 14, 2013
| 10:42 AM
WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery
| Jun 10, 2013
| 9:58 AM
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating.
The automatic federal...
| Jun 4, 2013
| 6:53 AM
WASHINGTON -- The U.S. trade deficit widened in April after hitting a three-year low the previous month, as imports of consumer goods surged in a reflection of increasing confidence among American households.
The trade deficit increased 8.5% to $40.3...
| May 28, 2013
| 10:37 AM
Join Times Dodgers writer Dylan Hernandez and Angels writer Mike DiGiovanna today at 11:30 a.m. as they discuss their respective teams in a live video chat.
The two teams are currently in the midst of a four-game series against each other, with...
| May 30, 2013
| 6:33 AM
WASHINGTON -- The U.S. economy expanded at a slightly slower pace in the first three months of the year than originally estimated, as steeper government spending cutbacks and reduced private investment dragged on growth.
The Commerce Department on...
| Apr 26, 2013
| 6:46 PM
WASHINGTON — The nation's sluggish recovery can't seem to catch a break.
Persistent federal spending cuts and a slowdown in business investments thwarted hopes for stronger economic growth in the first quarter, setting up more modest gains in jobs...
| Feb 9, 2013
| 5:10 PM
You're six months behind on the mortgage. Your credit cards are maxed out. Your small business is treading water.
Meanwhile, a tree has fallen on the roof of the office, the parking lot is full of potholes, and you've promised raises to employees, along...