| Sep 6, 2013
| 9:29 PM
Everybody wants to see the perpetrators of the financial crisis punished, but you have to feel a little sorry for Standard & Poor's, the credit rating firm being sued by the federal government for its role in the disaster.
S&P clearly has its back to...
| Sep 3, 2013
| 7:15 PM
Is it that time again?
Syria will be foremost on Congress' mind when it returns from vacation next week, but lurking on the horizon like an ever-present cloud bank will be the debt limit. Treasury officials say the limit, currently set at $16.7...
| Sep 4, 2013
| 6:43 AM
WASHINGTON -- The U.S. trade deficit jumped by 13% in July after hitting a more than three-year low the previous month, as the nation imported more goods, such as crude oil, and exports fell, the Commerce Department said Wednesday.
The increase in the...
| Jun 26, 2013
| 3:39 PM
DETROIT — At some point before the July 31 trade deadline, the Angels will have to assess their record and division deficit and determine whether to add a piece or two for a playoff push or pull the plug on the season and look to trade assets to...
| 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 19, 2013
| 9:01 AM
A Senate bill meant to offer a pathway to citizenship for the estimated 11 million people in the U.S. who entered illegally or stayed on expired visas could trim the deficit by about $175 billion over the next 10 years, according to a federal report....
| Jun 16, 2013
Re "Deficit extremists, blind to data, are doing active economic harm," Column, June 12
It is so refreshing to read Michael Hiltzik's explanation of how Congress' ill-timed obsession with deficit reduction actually retards economic growth. Other...
| Jun 2, 2013
The "tea party" is back and is brewing trouble for the Republican establishment.
After the GOP debacle in the 2012 election, when Republicans not only failed to win the presidency but blew a chance to take over the Senate, party leaders paused to...
| Feb 7, 2013
| 3:52 PM
At a forum in the San Fernando Valley, the top five candidates for L.A. mayor were repeatedly pressed for specifics on that point by Austin Beutner, who served as first deputy mayor until mid-2011....
| Feb 8, 2013
| 5:13 PM
Two City Hall veterans leading the L.A. mayor’s race pushed back against criticism of city finances during a debate, arguing that they had made progress in pulling the city back from the brink of insolvency....
| Jan 3, 2013
| 7:03 AM
Gov. Jerry Brown's administration is breathing a sigh of relief this week now that Congress has reached a deal on the federal budget. President Obama signed legislation on Wednesday that will prevent most tax increases and delay or cancel spending......