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House approves $6 billion 'cash for caulkers'

08.05.10

House lawmakers on Thursday approved a $6 billion measure that aims to provide rebates to homeowners who invest in energy efficiency improvements -- but not without a fight from Republicans.

Federal Reserve Chairman Ben Bernanke has said that the recession is "very likely over," but the Fed isn't acting like we're in a recovery. Just how much is a rainmaker at a bailed-out bank really worth? Or a senior executive at a recently bankrupt automaker for that matter? President Obama on Monday pushed his plans to make the nation's economy more stable in the future by investing in education for high-tech industries.



Disaster averted. Dear Annie: I found your column "6 Ways to Be Happier at Work" very helpful, but what I could really use is some advice on how to help the people under me be happier (and more productive). Our department was cut drastically, back in February, so everyone has been working crazy hours since then. On top of that, we just heard our pay has been frozen, and bonuses this year will be far smaller than in the past. The dollar weakened against major currencies Thursday as the pound got a lift from the Bank of England's rate cut and investors considered bleak economic news from Europe. The Bank of England lowered its key interest rate by half a percentage point to 1.5% Thursday, the lowest rate in the bank's 315-year history.

May 27

As we count down to Barack Obama's inauguration, it's clear there is an urgent need for a stimulus program of unprecedented proportion. Unlike our sluggish policy response to the financial crisis, we need to act boldly to stave off what otherwise threatens to be a brutal recession. You don't need a Ph.D in economics to know that the government fiscal year that ended last week was ugly for the budget.

More employers are planning to reverse pay cuts and other employee cutbacks, another sign that the employment picture is improving, according to a survey released Thursday. With a growing number of homebuyers depending on government-insured loans, the Obama administration is taking steps to shore up the Federal Housing Administration program. Jan. 16



The economy may be showing signs of life, but that doesn't mean the financial system is fixed or healthy growth has returned, according to a panel of high-profile Wall Street figures who gathered the night before the latest GDP numbers were announced. A government watchdog says federal officials weren't entirely honest with the public about the health of the first 9 financial firms that got federal bailouts, according to a report released Monday. The government's index of prices paid by consumers was unchanged in July from the previous month, but the closely watched inflation gauge recorded its largest over-the-year decline in 59 years.

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