The real estate crisis hit our country hard, and the ripple effect continues.
With luck, a sharp second-quarter slowdown will lead to a calmer economy in the second half of the year as the Asia effect continues to bite and domestic demand slows.
ECONOMIST: Is America��s economy too hot, too cold, or just right?
The compromise legislation includes a procedural trigger so that the provisions only go into effect if the economy continues its recovery, using the Federal Reserve Bank of New York's Coincident index, which is a measure of New York City's economic strength.
And Environment Minister Lord de Mauley is back before the Environmental Audit Committee (at 2.15pm) as it continues its long investigation into the effect of neonicitinoid pesticides on pollinating insects.
While there is a slight drop in the share of small businesses offering health insurance since 1998, which probably the result of rising costs, company size continues to have a profound effect on the decision to offer insurance.
FORBES: Are Rising Costs Why Small Businesses Don't Offer Employee Health Insurance?
No other sector continues to have the negative effect on GDP housing has.
The large cap telecom sector continues to be dominated by the wireless business, with the effect of a first full quarter of a Verizon iPhone marking second quarter results for the biggest players, as companies balance margins and net additions ahead of earnings season.
FORBES: Verizon And AT&T In 'Battle-iPhone' As Sprint Languishes
As the debate regarding national immigration reform continues, it is difficult not to question what its effect on the defense and security industry will be.
FORBES: An increase in border security could result in more M&A
Mr. BOWEN: Well, the insurgency continues, but I'm not willing to draw a cause and effect analysis between how we're doing on the reconstruction front and the level of insurgency.
Although some are expecting some form of QE3, Bernanke may need to provide a surprise in order to juice the stock market, which continues to be one of his goals (i.e. wealth effect).
Hence, if Medicare growth continues at historical rates, and Obamacare remains in effect, IPAB will activate, and the board will impose additional cuts to the Medicare program.
FORBES: NPR Defends Obamacare, Claims to Be 'Baffled' by Law's Cuts to Doctor Fees
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