National economics correspondent, The Wall Street Journal

U.S. Budget Deficit Falls to Lowest Level Since August 2008

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Treasury Department reports $55 billion surplus in January WASHINGTON-The U.S. ran a budget surplus in January, dropping the annual deficit to its lowest level since August 2008, the Treasury Department said Wednesday.
Feb 10, 2016

RT @WSJ: U.S. budget deficit falls to lowest level since August 2008, Treasury reports surplus in January on.wsj.com/20p3hoV

Feb 10, 2016

RT @WSJ: U.S. budget deficit falls to lowest level since August 2008, Treasury reports surplus in January on.wsj.com/20p3hoV

Feb 11, 2016

RT @WSJ: U.S. budget deficit falls to lowest level since August 2008, Treasury reports surplus in January on.wsj.com/20p3hoV

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Obama proposes $4.1 trillion budget

marketwatch.com — President Barack Obama packed his final budget proposal with more than $4.1 trillion in tax breaks and spending in a fiscal 2017 plan designed to find a few spots of bipartisan agreement now while also laying out a broader liberal policy agenda for a future Democratic administration.

Obama Proposes $4.1 Trillion Fiscal 2017 Budget

wsj.com — President Barack Obama packed his final budget proposal with more than $4.1 trillion in tax breaks and spending in a fiscal 2017 plan designed to find a few spots of bipartisan agreement now while also laying out a broader liberal policy agenda for a future Democratic administration.
Feb 09, 2016

Obama proposes $4.1 trillion Fiscal 2017 budget, but can he get it approved by Congress? @NickTimiraos on.wsj.com/1nVwStH via @WSJ

Feb 09, 2016

Obama's 2017 budget won't get passed, but it will shape debate over big policy issues facing US via @NickTimiraos on.wsj.com/1nVwStH

What Last Year’s Budget Battle Says About Obama’s Final Fiscal Showdown

blogs.wsj.com — The White House's annual spending blueprint is routinely deemed "dead on arrival" as soon as its lands on Capitol Hill, and Tuesday's budget release, the last for President Barack Obama, will be no different.
Feb 09, 2016

Obama's budget last year was declared 'dead on arrival.' But he actually a far amount of it done on.wsj.com/1Phm6aE

Quicken Loans Super Bowl Ad: No, This Isn’t Housing Apocalypse 2.0

blogs.wsj.com — Quicken Loans's Super Bowl ad has sparked rumblings over whether we should worry about a new housing bubble. "What if we did for mortgages what the Internet did for buying music and plane tickets and shoes?" a narrator says. The 60-second spot then opines about how Quicken's new product, called the "Rocket Mortgage," might do that.
Feb 07, 2016

RT @NickTimiraos: Quicken's Super Bowl ad is called "What We Were Thinking." A lot of people want to know "what were they thinking?" on.wsj.com/1XcwcMN

Feb 07, 2016

RT @NickTimiraos: Mortgage ad in 2006: No money down! Mortgage ad in 2016: Use your phone to let us scrutinize your financials! on.wsj.com/1XcwcMN

Feb 07, 2016

RT @NickTimiraos: Mortgage ad in 2006: No money down! Mortgage ad in 2016: Use your phone to let us scrutinize your financials! on.wsj.com/1XcwcMN

Feb 07, 2016

Mortgage ad in 2006: No money down! Mortgage ad in 2016: Use your phone to let us scrutinize your financials! on.wsj.com/1XcwcMN

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El derrumbe del petrуleo abre un ciclo vicioso para la economнa de Estados Unidos

expansion.com — Con el crudo oscilando en torno a 30 dólares por barril y la gasolina por debajo de dos dólares por galón en Estados Unidos, los precios tan bajos del combustible se están convirtiendo en un tema preocupante para la mayor economía del mundo.

Many Forces Have Contributed to Military Cuts

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. GOP campaign attacks don't give a full picture of defense budgets, U.S. reach Prominent Republican presidential hopefuls are amplifying accusations that President Barack Obama has undermined the nation's military readiness because military spending has been slashed under his watch.
Feb 05, 2016

In every debate, GOP hopefuls hammer Obama on defense spending cuts they blame on him. Reality is more complicated: wsj.com/articles/many-…

The January Jobs Report in 12 Charts

blogs.wsj.com — Employers added 151,000 jobs in January, a slowdown from the pace of growth in recent months, but the details under the hood of Friday's job report paint a more nuanced picture. Here's a look at some key marks: The U.S. economy has added 2.67 million jobs over the last 12 months.
Feb 05, 2016

Jan. jobless rate by education: B.A. or more 2.5% High school grads 5.3% No HS diploma 7.4% on.wsj.com/1PXkoII pic.twitter.com/FssDNQeeF2

Feb 05, 2016

RT @Reddy: Jan. jobless rate by education: B.A. or more 2.5% High school grads 5.3% No HS diploma 7.4% on.wsj.com/1PXkoII pic.twitter.com/FssDNQeeF2

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Gas Prices Are Plunging. So Why Is Everyone Freaking Out?

blogs.wsj.com — Oil prices have declined nearly 75% from their recent peak in June 2014, roiling markets and sounding new alarm about the possibility of an economic slowdown. Wait, what? Weren't lower gasoline prices supposed to help the U.S. economy? Gas is below $2 a gallon in all but 11 states, reaching the lowest level since 2009.
Feb 04, 2016

Gas prices are plunging. So why is everyone freaking out? @WSJecon explains on.wsj.com/1T0JoVM pic.twitter.com/JtBdZca4WW

Feb 04, 2016

Gas prices are plunging. So why is everyone freaking out about the US economy? on.wsj.com/1T0JoVM pic.twitter.com/Fzy4hsMr00

Feb 04, 2016

RT @NickTimiraos: Gas prices are plunging. So why is everyone freaking out about the US economy? on.wsj.com/1T0JoVM pic.twitter.com/Fzy4hsMr00

Feb 05, 2016

Gas is under $2/galllon in all but 11 states on.wsj.com/1T0JoVM via @WSJecon

Feb 06, 2016

The question of the hour: "Gas prices are plunging. So why is everyone freaking out?" on.wsj.com/1T0JoVM @WSJecon

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Oil Rout Threatens Vicious Cycle for Economy

wsj.com — Few economists expect the crude slump will tip the economy into recession. But the fallout could grow harder to contain if the oil-price declines are instead a symptom of broader weaknesses in the global economy, including soft demand and an oversupply of raw material, productive capacity and labor.
Feb 04, 2016

WSJ article looks at the broader negative economic impacts and implications of super low oil prices. on.wsj.com/1QfKgA2 via @WSJ

Feb 04, 2016

RT @NLipschutz: WSJ article looks at the broader negative economic impacts and implications of super low oil prices. on.wsj.com/1QfKgA2 via @WSJ

Feb 04, 2016

Could cheap oil become a nightmare for the U.S. economy? Stephen King says maybe. (no, not that @StephenKing) on.wsj.com/1QfPs6K

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More Articles →
Feb 12, 2016

RT @JusticeWillett: Lincoln's 1st & last presidential photos. No #POTUS aged more in office—or had more reason to. #LincolnBirthday https…

Feb 12, 2016

@deptofnumbers no the chart is stl fed. "mortgage debt and the Great Recession."

Feb 12, 2016

Great charts: Mortgage balances still flat because chargeoffs offset new originations nyfed.org/1oxtpSM pic.twitter.com/8SKHoHga29

Feb 12, 2016

RT @jdawsey1: Voter outside SC forum harassing me for being a reporter. Another woman defends me. "You don't know him. He might not be so terrible."

Feb 12, 2016

Ebola response coordinator @RonaldKlain on combating the Zika virus and managing public fears​ ​on.wsj.com/1TX41lf via @WSJThinkTank

Feb 12, 2016

Amazing exchange follows when Ambac CEO argues against Puerto Rico debt restructuring reut.rs/1V70Aag pic.twitter.com/e5VQH1aLum


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