(Gerald Herbert/AP) “Three years ago, a newly elected President Obama told America that if Congress approved his plan to borrow nearly a trillion dollars, he would hold unemployment below 8 percent.”

Feb. 16 (Bloomberg) -- U.S. Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama

Select your preferred way to display the comments and click "Save settings" to activate your changes. Sick and tired of the Greece 'news'. Although, I have to say... I want a gyro right about now. Why do they continue to lie? Why don;t they simply come o

LONE GIRL: A science class at Caltech in Pasadena, California THERE WAS SOMETHING SELF-DESTRUCTIVE ABOUT Harvard University President Larry Summers' speech on gender disparities in January. In his first sentence, he said his goal was "provocation" (rarel

The 2012 election will offer voters a stark choice between right and left alternatives. President Obama is calling for: investing in things like education that gives everybody a chance to succeed. A tax code that makes sure everybody pays their fair shar

It seems to me too early in the 2012 presidential campaign to be toting up the successes and failures of the Obama administration. Yet Noam Scheiber’s new book wants to be read, digested, taken into inventory. The Escape Artists: How Obama’s Team Fumbled

In general, I lean toward, "If you don't have anything nice to say, then don't say it." But several books that I was sent to review made me grouchy, because of what they did not include. Note: I could not finish any of these books, and if I could have fo

WASHINGTON The World Bank announced that it plans to select its next president by the time of its spring meetings in late April. The bank’s 25-member executive board said it will accept nominations until March 23. The board said it will choose up to thr

Concerns over the financial status of Solyndra reached higher and sooner in the Obama administration than acknowledged, new documents from a Friday-night dump show — and not just about Solyndra, either. Solyndra closed its doors in August of last year, t

The World Bank on Friday launched the nomination process to select a new president to succeed Robert Zoellick when he steps down in June, inviting names from any of its 187 member countries. The board said in a statement nominations had to be submitted b

Automobile sales are at their highest level since the start of the financial crisis, and there are even signs that the delinquent housing market is finally beginning to turn. Sales to listings, a key measure of the health of the US housing market, are at

On Matt Yglesias' reading of "Ben Bernanke and the Zero Bound," Laurence Ball is saying that Bernanke needed to be more of a jerk: Former Treasury Secretary and former National Economic Council director Lawrence Summers has always suffered in the eyes of

Secretary Clinton with Larry Summers - above her - are in the running to lead the world Bank Over the next few weeks, President Obama has a fateful personnel decision to make, and one that will influence the world’s climate, in a way that he has been una

White House emails released Friday added further evidence that concerns about the Energy Department loan guarantee program that benefited Solyndra had reached as high as President Barack Obama’s top economic adviser, Larry Summers, by early 2010. Referen

WASHINGTON (AP) - The World Bank plans to select its next president by the time of its spring meetings in late April, it announced Friday. The bank's 25-member executive board said it will accept nominations until March 23. The board said it will choose

WASHINGTON — The World Bank plans to select its next president by the time of its spring meetings in late April, it announced Friday. The bank's 25-member executive board said it will accept nominations until March 23. The board said it will choose up to

WASHINGTON (Reuters) - The World Bank on Friday launched the nomination process to select a new president to succeed Robert Zoellick when he steps down in June, inviting names from any of its 187 member countries. The board said in a statement nomination

Very interesting. Secretary of State Hillary Clinton and former White House economic adviser and Treasury Secretary Lawrence Summers are said to be the leading candidates to succeed World Bank President Robert Zoellick, who just announced his resignation

The race for the top job at the World Bank has just been kicked-off with the announcement that Robert Zoellick, the current President of the World Bank, would step down on 30 June at the end of his term. The announcement had been expected, as the odds we