Tax report: NY economy still sinking, deficits up

Asian stocks mostly higher on US recovery optimism
Asian stocks were mostly higher Friday after encouraging U.S. housing and employment reports sent Wall Street to its highest level this year and added to growing optimism of a recovery in the...

More Americans grow optimistic on economy
New poll finds mood improving over two months ago. A small number of those asked see things getting worse in the year ahead, though that amount is declining. 

Portugal’s Debt Efforts May Be a Warning for Greece
By the broadest measure of a country’s ability to repay its debts, Portugal is going deeper into the hole, because its economy is shrinking.

The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...

The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...