SWITCH: Mobile | ePaper | Subscribe

Homes Rentals Jobs Autos Contests

Kevin G. Hall

Struggling housing market still dragging down economy

Last updated Saturday, September 24, 2011 - 10:31pm

WASHINGTON -- While lawmakers and the president scrap over deficit reduction and jobs plans, they're largely overlooking one of the biggest drags on employment and a major cause of our national economic woes: the moribund housing sector.

Business, Economy, Housing, Featured Read more Comments

Businesses to Congress: Stop the politics, fix the deficit

David Lightman, Kevin G. Hall, McClatchy Newspapers

Last updated Thursday, April 21, 2011 - 7:55pm

WASHINGTON -- An influential business group called on Congress Thursday to stop playing politics with federal budget deficits and put "everything on the table," declaring that both tax increases and spending cuts are needed to restore the nation's finances to health.

More than 100 current and former chief executive officers signed a declaration released by the Committee for Economic Development, a nonpartisan policy-research group of business and university leaders.

The initiative is significant because it adds pressure from another influential voice to the political debate over the federal budget. The business group's push comes at a time when fiscal issues have become Washington's most prominent topic, one likely to dominate domestic politics through the 2012 elections.

Business, Congress, Deficit, Economy, President Barack Obama, Recession Read more Comments

Canada's history of stable banks continues

Kevin G. Hall McClatchy Newspapers

Last updated Saturday, January 15, 2011 - 8:47pm

TORONTO -- Maybe Canada has something to teach the U.S. about housing finance.

Business, Economy Read more Comments

Beware of tax hikes if deficit-cutting plan is approved

Kevin G. Hall, McClatchy Newspapers

Last updated Sunday, November 21, 2010 - 2:42am

WASHINGTON -- Just in time to dash holiday cheer, recently unveiled debt-reduction plans underscore how huge are the fiscal challenges facing the U.S. They also make clear how tough the tradeoffs must be to tame federal budget deficits and the national debt.

Business, Economy, Government, Featured Read more Comments

TARP done as of today

David Lightman, Kevin G. Hall, McClatchy News Service

Last updated Sunday, October 3, 2010 - 1:42am

WASHINGTON _ A wildly unpopular government rescue program credited by economists with preventing another Great Depression will go out of business today, two years to the day it was created.

Business, Economy, National Government Read more Comments

Fed official warns of Japan-style deflation risk in U.S.

Kevin G. Hall, McClatchy Newspapers

Last updated Thursday, July 29, 2010 - 7:43pm

WASHINGTON -- In an unusual move, the president of the Federal Reserve Bank of St. Louis released a paper Thursday warning that the Fed's policy of keeping interest rates near zero during the economic crisis may lead to Japanese-like deflation in coming years.

Business, Economy Read more Comments