Word: reporter
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Foreclosures took a frightening jump up in April. A report from RealtyTrac says that the number moved up 32% over April of last year and hit 342,038. Home defaults and auctions rose 47% over the same period...
...report from the Trustees blames the economy for the fact that the Medicare's Hospital Insurance Trust Fund will have exhausted its reserves in 2017 and that the Social Security trust fund will be in the same position in 2037. The report for the two funds makes an attempt to project income and expenses for the funds from 2009 to 2018. While it is improbable that the numbers are correct, a forecast that makes a prediction for a period of a decade could be, if well argued, plausible. But, to accept the results of the report, anyone looking...
There may well be green shoots in the economy, but American consumers are still withering. That was the message from the Census Bureau's retail sales report on Wednesday morning, with sales dropping 0.4% overall in April. Forecasters had expected no change...
...worth pointing out that this difference was within the survey's margin of error. That is, the decline could just be noise. But other news in the report - and evidence from other sources - points to a consumer-spending trend that is at best flat. Retail sales excluding automobiles, a better indicator of the underlying trend, were down 0.5%. March's overall sales decline was revised down to 1.3% from 1.2%. And so on. (See the top 10 financial collapses...
...logic seems pretty simple: if you eliminate gym class, school kids will get fatter. In 2006, a blue-ribbon commission released a worried report about the precipitous decline of physical education in schools since the early '90s, coinciding with a ballooning rate of obesity in kids. Both Democrats and Republicans have latched onto that argument to criticize school districts for eliminating P.E. in order to spend more to meet the rigorous testing standards of 2001's No Child Left Behind Act. Even G.O.P. Senator John Cornyn, a Texan who despises most government spending, has bragged about his support...