Economy - Most Commented

Pages

PODCAST: Hitting the breaks in China, preventing a global food crisis

Aug 9, 2012
In Syria, rebel forces are battling with the government for control of the economic hub of Aleppo. At crucial moments like this in the Libyan conflict, there was assistance for the rebels from the U.S. and NATO -- in both money and materials. The latest economic data out of China show a continued economic slowdown there. New numbers on factory output and retail sales came in below expectations this morning. And the defense industry is worried it may have to issue mass layoff notices if Congress doesn't stop us from going over the so-called fiscal cliff in January. But what does the fiscal cliff mean for you?

Poor factory and retail signals from China

Aug 9, 2012
In China, two reports this morning signal bad news ahead for the world's second largest economy. Factory output grew at the slowest pace in three years last month, and retail sales fell.
Posted In: China

U.N. warns of possible food crisis

Aug 9, 2012
The world could face the worst food crisis in five years if countries like the U.S. start restricting exports of agricultural products. That's according to the UN's Food and Agriculture Organization, which says bad weather is causing a spike in global food prices that could be made worse if countries stockpile.
Posted In: food prices, United Nations, G20

A positive sign: Profits for Fannie Mae, Freddie Mac

Aug 8, 2012
Rising home prices contribute to profits for the bailed-out mortgage lenders. Higher home prices should help the real estate market and homebuyers, too.
Posted In: mortgage, Freddie Mac, Fannie Mae, home prices, Housing

PODCAST: A light at the end of the housing tunnel

Aug 8, 2012
As American Airlines winds its way through bankruptcy, some of its union workers are voting on new contract offers. Next week, a judge will decide if the company can throw out its old labor contracts and impose even more severe cuts on the workers. In the housing market, the credit rating agency Trans Union said late payments on mortgages have reached the lowest level in three years. And Apple and Google are expected to be major bidders at an auction today over patents from Eastman Kodak. Patent law is one of the most lucrative fields in the industry these days, and bilingual lawyers are in high demand because of it.

U.S. seeing signs of a housing rebound

Aug 8, 2012
Home prices are rising and the number of Americans behind on their mortgages has fallen to a three-year low -- all encouraging signs of a rebound in the housing market.
Posted In: Housing

Home prices up nationwide

Aug 8, 2012
Why the reason for the jump in home prices and has the housing market really rebounded?
Posted In: Housing, housing market

Job openings at highest level in four years

Aug 8, 2012
Job openings jumped to a four-year high in June: 3.7 million. Seems strange, considering we learned less than a week ago that the country has an 8.3 percent unemployment rate right now.
Posted In: Jobs, Labor Department, Unemployment

Late mortgage payments reach three year low

Aug 8, 2012
Today the credit rating agency Trans Union said late payments on mortgages have reached the lowest level in three years.
Posted In: Housing

Mandatory, extended vacation is good for the economy

Aug 7, 2012
Congress is off on vacation until Labor Day. Robert Reich says a mandatory three weeks off would be good for all of us -- and the economy, too.
Posted In: vacation, summer vacation

Pages