Economy:
The Trouble with Soundbite Economics – Newsweek
What America needs is a payroll tax cut – Washington Post
U.S. Poverty Rate Highest Since 1994 – NPR
Lost Decade for Family Income – Wall Street Journal
Markets:
Yen Falls From 15-Year High Against Dollar After Japan Sells Its Currency – Bloomberg
Pimco Makes $8.1 Billion Bet Against `Lost Decade’ of Deflation – Bloomberg
As Leaves Fall and Markets Crash – Wall Street Journal
Politics:
GM bailout payback to take several years: CEO – Reuters
Rep. Frank backs higher Fannie, Freddie loan limits – Reuters
Los Angeles spent $70 million in stimulus funds to create 7.76 jobs – Yahoo News
Banks
Wall Street’s Engines of Profit Are Freezing Up – New York Times
Refinancing: Whom Can You Trust? – Wall Street Journal