Macroeconomics

Mexico's president opposes marijuana legalization

Prop. 19, the California measure to legalize pot, would undercut Mexico's fight against drug cartels, President Felipe Calderon says. He calls on the Obama administration to oppose the measure.  read more »

Obama vows 'much tougher' stance on US-China trade

President Barack Obama says he will be much tougher with China to make sure it opens its markets to trade with the US.  read more »

Malawi windmill boy with big fans

The extraordinary true story of a Malawian teenager who transformed his village by building electric windmills out of junk is the subject of a new book, The Boy Who Harnessed the Wind.  read more »

French, German publishers step up campaign against Google Books

The internet giant’s project to digitize millions of books is up and running, but some in Europe’s book industry are still hoping to cut a better deal.  read more »

Twitter race between Ashton Kutcher and CNN narrows

The online popularity contest between celebrity Ashton Kutcher and CNN narrowed Thursday, with Kutcher's Twitter following growing considerably overnight.  read more »

Opinion: Why South Carolina Doesn't Want 'Stimulus'

America's states are laboratories of democracy. They are both affected by, and relevant to, the larger national debate.  read more »

Obama's $1 Trillion Plan to End Bank Crisis

The Treasury Secretary Hopes to Attract Private Investors to Buy Toxic Assets  read more »

Obama: 150,000 road jobs: 'Shovel ready'

President Barack Obama claimed today that 150,000 jobs will be created or saved by the end of next year with the road-building provisions of the $787-billion economic stimulus that he signed.  read more »

Economic stimulus bill passes Senate test vote amid GOP opposition

WASHINGTON – The Senate held a key procedural vote this evening on the $838-billion stimulus bill, setting up Tuesday’s passage and then a conference committee with the House to determine what the  read more »

GM, Chrysler Bankruptcies Would Hit Confidence, Deepen Slump

Dec. 14 (Bloomberg) -- A bankruptcy filing by General Motors Corp. or Chrysler LLC would worsen the longest recession since the early 1980s if it led to a shutdown at the companies.  read more »

Bailout: Will it work?

Experts differ on whether the $700 billion bailout plan will prompt banks to lend and help the economy. But even if it does, it will take time.

By Tami Luhby, CNNMoney.com senior writer  read more »

Chinese ordered cover-up of tainted milk scandal

Chinese authorities ordered a cover-up of a tainted milk scandal that has poisoned tens of thousands of babies because they feared social unrest if the news was made public, The Daily Telegraph has le  read more »

Democrats in Congress add restrictions to $700 billion bailout bill

Congressional Democrats inched close to agreement Monday on the terms of a $700 billion rescue package to stabilize shaky financial markets, but continued to encounter White House resistance to key po  read more »

What's so scary about the credit crunch? (MIDDLE SCHOOL)

There's a scary monster hanging over the country at the moment, and it's called the CREDIT CRUNCH.

You've probably heard people talking about it like it's a Really Bad Thing.  read more »

How we got here: It's housing, stupid

The Wall Street crisis has been caused by plunging housing prices. So despite the billions of dollars being thrown at the problem, experts say more trouble lies ahead.  read more »

Fannie, Freddie Woes Vex Experts

Fannie, Freddie Woes Vex Experts
And Leave U.S. Hard Choices  read more »

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