On a frigid evening in January, more than 10,000 people gathered outside a 13th century cathedral in this Baltic capital to protest the government's handling of Latvia's economic crisis and demand early elections. ...more

February 2, 2009

The National Football League's multibillion-dollar celebration of its own opulence has gained a pervasive hold on American life since it came into existence 43 years ago. ...more

February 1, 2009

Here's what we know about the Obama presidency so far. It's not 1933, we're not in the Great Depression and Barack Obama is not FDR. ...more

February 1, 2009

A recession is a period of reduced economic activity. The current economy more than meets that definition. ...more

January 31, 2009

I am an 83-year-old man who proudly served my country for the latter part of World War II and also the Korean War. I believe that the generation before mine was every bit as good as mine, maybe even better. There are not too many of my generation left and almost none from the generation before us. I am not sure that I thoroughly understand the meaning of "the greatest generation" but I do know they are referring to my generation and for this I am grateful. I also know that there were some good times and some bad times, but I wouldn't trade any of them for the world. ...more

January 31, 2009

House approves White House-backed $819 billion economic stimulus bill. ...more

January 28, 2009

Our nation's personal savings rate is now at its lowest point since the Great Depression. ...more

January 28, 2009

Our nation's personal savings rate is now at its lowest point since the Great Depression. Let's then take a look at what the scenario might be if the breadwinner in a young family walked out the door one day and died before the day ended. ...more

January 28, 2009

A number of editorials in major and local newspapers repeat the mantra that the collective "we" caused many of the crises facing us today; that the collective "we" allowed our leaders to be corrupt; that "we" kept putting the same corrupt elected officials in government; that the collective "we" were spend thrifts, using credit cards to buy now and pay later, letting the bills pile up. And what about the credit card corporations? ...more

January 25, 2009

"Lords of Finance: The Bankers Who Broke the World," by Liaquat Ahamed (The Penguin Press, $33) ...more

January 25, 2009