Economy - Most Commented

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With new foreclosure data, a look at the housing market

Jul 12, 2012
We're getting some new data this morning about the housing market. The foreclosure listing company RealtyTrac says there was an uptick in foreclosure activity last month, but it's down compared with a year ago. Which brings us to the eternal question: Has the housing market finally hit bottom?
Posted In: foreclosures, housing market

RealtyTrac releases foreclosure data for first half of 2012

Jul 12, 2012
There are some new figures out this morning from RealtyTrac about the number of foreclosures in the U.S. in the first half of this year, and they may shed some light on the so-far elusive housing recovery.
Posted In: Housing, foreclosure

Would an income tax hike hurt hiring?

Jul 11, 2012
Fewer than a million small-business owners would likely face higher taxes. And some would keep hiring anyway.
Posted In: income tax, business, Small Business

PODCAST: The best states to do business, the best Internet cat videos

Jul 11, 2012
In Ceder Falls, Iowa, the brokerage firm Peregrine Financial filed to liquidate under Chapter 7 of the bankruptcy code amid accusations from federal regulators that Peregrine misused customer funds. In Washington today, the House Agriculture Committee is set to take up the Farm Bill -- which sounds like legislation that's all about farming, but in fact about three-quarters of it goes to fund food stamps and other nutrition programs. And in today's Money Matters segment, we focus on the financial decisions that families face when caring for an elderly relative.

Tax rates hit historic low in 2009

Jul 11, 2012
A new report from the Congressional Budget Office says the tax rates paid by most Americans were at near-record lows in 2009. Who's paying less, who's paying more, and what's causing the change?
Posted In: Taxes, CBO, income tax

Why are food stamps part of the Farm Bill?

Jul 11, 2012
The food assistance program grew from rural efforts to get urban support for farm subsidies.
Posted In: food stamps, farm bill

PODCAST: Melinda Gates fights for women, Bob Diamond gives up his bonus

Jul 10, 2012
Tomorrow in London, there will be a major conference organized by the British government and the Bill and Melinda Gates Foundation that aims to bring the focus back to family planning. We speak to Melinda Gates on why it is such an important cause for her and the foundation. The struggling maker of BlackBerry smartphones holds its annual shareholders meeting today in the Canadian town of Waterloo. Shareholders are hoping to hear some reassuring news. And Pepsi gets into the yogurt business.

The question of adequate financial regulations

Jul 10, 2012
News this morning that Bob Diamond, the former head of Barclay's bank has given up $30 million in bonuses after resigning over that interest rate rigging scandal. And the scandal has brought up the issue -- yet again -- of whether current regulations on the financial industry are adequate.
Posted In: banking, bank regulations, Bob Diamond, interest rates

Regulators to define 'swap' under Dodd-Frank Act

Jul 10, 2012
Today, federal regulators are going to define the word "swap," -- and that seemingly simple act will set in motion a series of new regulations that are part of the Dodd-Frank financial reform law.
Posted In: Dodd-Frank law, swaps, Derivatives

PODCAST: Olympic controversies, dropping temperatures

Jul 9, 2012
A new earnings season begins today, and all eyes will be on Alcoa, the big aluminum producer that is also a big bellwether for the rest of the economy. About 45,000 people in the U.S. will be pretty disappointed this morning when they try to go online and don't have an internet connection because of a cybercrime called "click fraud." And we speak to the director of a new documentary airing tonight on HBO about unemployment in an unexpected place: Long Island.

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