Economy

Policy: Entitlements

Only two years until Social Security's disability fund runs out

By Joseph Lawler | 07/28/14 02:34 PM

The Social Security disability trust fund is only two years away from exhaustion, Social Security's Board of Trustees announced Monday, while saying that Medicare's finances appear to have strengthened, thanks to slowing growth in the cost of health care.
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Here's what the Fed could have bought with QE3

By Joseph Lawler | 07/28/14 07:45 AM

For perspective, if the Fed were allowed to buy stocks, at current prices it could have bought Apple, Google and Microsoft for that sum -- with General Motors and Ford thrown into the mix, with $44 billion left over.
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Stocks end little changed ahead of earnings rush

07/28/14 04:20 PM

NEW YORK (AP) — U.S. stocks are ending little changed as traders wait for key economic and earnings reports later this week. The Standard & Poor's 500 index rose less than a point to close at 1,978 on Monday. The Dow Jones industrial average edged up 22 points to 16,982. The Nasdaq fell. The...
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