Economy - Most Commented

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PODCAST: Greek protests, a Pizza Hut Valentine

Feb 10, 2012
First Lady Michelle Obama's plan to make Americans healthier isn't stopping at school lunch; she now wants the military to shape up as well. Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. The unemployment rate dropped last month to 8.3 percent, but some economists say the news isn't as good as it sounds. And big drinks companies are fighting in what some might call "whiskey wars."
Posted In: Greece

Rep. Spencer Bachus faces insider trading allegations

Feb 10, 2012
In the midst of debates that could potentially tighten the rules on insider trading in Washington, the head of the House Financial Services Committee faces serious allegations.
Posted In: Washington D.C., politics, insider trading, Congress

HUD chief: Settlement is one piece of broader puzzle

Feb 10, 2012
The $25 billion foreclosure settlement is one of the biggest in history. But is it fair? Housing and Urban Development Secretary Shaun Donovan, one of the architects of the deal, responds.
Posted In: Housing, robo-signing, foreclosures, mortgage settlement

Consumer sentiment slips

Feb 10, 2012
Macroeconomic signs point to a brighter future, but average Americans are still struggling with the basics.
Posted In: consumer sentiment, gas prices, wages

Who Loves Ya, Baby? The Federal Reserve

Feb 10, 2012
The #Fedvalentines meme, started by economist Justin Wolfers, injected some fun into an otherwise leaden week.

States, banks reach $25 billion mortgage settlement

Feb 9, 2012
State and federal authorities unveil a $25 billion deal with big banks to address foreclosure abuses and to aid underwater homeowners.
Posted In: Housing, foreclosure, mortgage settlement

Cleaning up the mortgage mess

Feb 9, 2012
Today's $26 billion settlement between the government and five of the nation's biggest banks could free up the billions in mortgage securities they possess. But the settlement will also change many of the ways banks deal with foreclosures.
Posted In: Housing, foreclosure, mortgage, mortgage settlement

Mayor Antonio Villaraigosa on the future of L.A.

Feb 9, 2012
The Los Angeles mayor and president of the U.S. Conference of Mayors discusses public transportation, city budgets and what's ahead for his city.
Posted In: los angeles, Antonio Villaraigosa, cities

States nearing mortgage settlement with big banks

Feb 9, 2012
The Obama administration and nearly every U.S. state are reportedly ready to settle for $26 billion with five of the country's largest banks over allegations of abusive foreclosure practices.
Posted In: Housing, foreclosure, states, bank, mortgage settlement

Americans worried about home value

Feb 9, 2012
As a potential deal between states and big banks nears over abusive foreclosure practices, we check in with Gallup to see how worried homeowners are about the future.
Posted In: Housing, mortgage, Gallup, homeowner

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