The US economy will be forced to endure the most severe fiscal consolidation in six decades in 2012 if Congress does not take action to avert the looming crisis.

Ongoing weakness within housing and the public sector make the recent strong job gains unlikely to be sustained.

The Chinese currency is revaluing more quickly than members of Congress realize.

The travails of Greece will eventually result in a more harmonized political union to accompany the robust monetary union in Europe.

The economic prospects in the US and Europe are diverging as an important election approaches in the UK.

Following a period of unprecedented job losses, US jobs growth is set to begin being positive once again.

A titan at the Fed is set to step down following many decades of service.

Concerns about the large current account deficit in the US are overblown.

Tough choices are facing policy makers in Washington as deficits gain increasing prominence.

With the US prepared to accept its banks engaging in forbearance, President Obama will need to scale back his legislative ambitions due to the ballooning budget deficit.

Mr. Geithner's wobbles during his early days as Treasury Secretary are raising the possibility that Ben Bernanke could succeed him should his difficulties persist.