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Topic: Peter Morici

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Americans can expect mortgage rates to climb, selling homes to get tougher and interest rates to increase on credit cards, auto purchases and home equity loans.
Wall Street is cooking up another crisis -- making shoddy loans and selling worthless securities to investors hungry for higher yields than certificates of deposit and government bonds offer.
Are National Security Agency actions regarding tracking all phone calls in the United States really needed for U.S. security against terrorists?
President Obama continues to fail as CEO
U.S. President Barack Obama is failing as chief executive officer of the U.S. government.
The Issue: More jobs, more people looking for jobs
Happy day may not yet be here but they're getting closer based on last week's unemployment statistics and recent real estate news.
The U.S. Labor Department announced Friday the economy added 175,000 jobs in May but that isn't enough to bring unemployment down to 6 percent in three years.
Forecasters expect the U.S. Labor Department on Friday will report the U.S. economy added 167,000 jobs in May.
The U.S. Commerce Department is expected to report the April deficit on U.S. international trade in goods and services was $41.2 billion.
Obama's agenda fails the middle class
Democrats are asking too much of Obama to explain how his agenda helps the middle class.
The austerity debate for debt-ridden European countries has degenerated into mudslinging among renowned economists and undermines economic recovery.
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Alessandra Ambrosio attends the "Monsters University" premiere with their sons in Los Angeles
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Brazilan model Alessandra Corine Ambrosio attends the premiere of the animated motion picture comedy "Monsters University", at the El Capitan Theatre in the Hollywood section of Los Angeles on June 17, 2013. UPI/Jim Ruymen