Economy - Most Commented

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High-end buyers boost Florida condo market

Jul 24, 2012
Empty nesters with money to spend are fueling something of a boom in Florida's vacation home market.
Posted In: real estate, condo, Housing, Florida

Behind the scenes of the bank bailouts

Jul 23, 2012
Former TARP Inspector General Neil Barofsky talks about his new tell-all, "Bailout," on what went on during the height of the financial crisis.
Posted In: bank bailout, TARP, Henry Paulson

PODCAST: Sizing up TARP, putting a fine on Penn State

Jul 23, 2012
There seems to be a major case of the "Mondays" going on in Europe, as Spain struggles with a new round of troubles. As the 19th International AIDS Conference gets underway in Washington, D.C., it is clear that we've reached a critical juncture in the AIDS fight. And Teach for America, the program that recruits recent college grads to work in underperforming schools, is making a push into the political arena. Former TFA grads already have won seats in state houses and on local school boards.

Report: Plain Writing Act fails to live up to its name

Jul 23, 2012
About a year ago a law went into effect called the Plain Writing Act, meant to compel federal agencies into communicating with the public in a more accessible way. Now a nonprofit has come out with its first report card based on the act, and most agencies are not doing very well.
Posted In: federal government, legislation, IRS

Neil Barofsky on the failures of TARP

Jul 23, 2012
The Troubled Assets Relief Program -- TARP -- was the formal name for what we often just call "the bailout." In 2008 Congress allocated $700 billion to stabilize the U.S. financial industry. Congress and President Bush assigned one man to build a team, and police all that spending.
Posted In: TARP, bailout, Banks

PODCAST: Baseball vs. banking, beer boom

Jul 20, 2012
Two years after the Dodd-Frank Law was enacted, many in the banking sector are still grumbling about the change in regulation. How does that compare to when the rules change in another American pastime: Baseball? Schlumberger and Baker Hughes help big oil drill. But their business is softening as some drillers pull back due to the economic slowdown.

Program gives youth a boost in business world

Jul 20, 2012
A program called Year Up provides classroom training and internships to high school graduates or those with a GED who otherwise have a hard time breaking into the world of high-tech.
Posted In: Youth Radio, Tech, Jobs

Small business creating few jobs

Jul 20, 2012
Small businesses find it harder to get credit, so they create fewer jobs.
Posted In: Jobs, Unemployment, Small Business

Americans weigh in on fixes for the U.S. economy

Jul 19, 2012
Gallup's Frank Newport digs into the latest polling data on the cure for our economic ailments.
Posted In: employment, Taxes, 2012 election, Jobs

PODCAST: Banking scandals march on, food prices hit by drought

Jul 19, 2012
It appears more of the world's largest banks are getting roped into allegations of fraud. Four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR. Of course, this banking scandal comes on the heels of the monster JP Morgan trade-gone-bad, which has cost the bank billions of dollars. What can be done to keep these problems from happening? And more than a dozen top-tier universities are signing on to a plan that will make college more affordable -- by offering some of their courses online for free.

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