Economy - Most Commented

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Obama adviser Alan Krueger on July's jobs report

Aug 3, 2012
Alan Krueger, chairman of the President's Council of Economic Advisers, discusses what President Obama can do to create more jobs.
Posted In: Jobs, Unemployment

Reflecting on the July Labor Department report

Aug 3, 2012
The U.S. economy added 163,000 jobs last month, but the unemployment rate ticked up from 8.2 percent to 8.3 percent. FTN Financial's chief economist discusses the good and the bad of the report.
Posted In: Jobs

Unemployment ticks up to 8.3%, with 163,000 jobs added

Aug 3, 2012
The July jobs report from the Labor Department is out. Last month, unemployment rose from 8.2 to 8.3 percent, while 163,000 jobs were added -- the most in five months.
Posted In: Unemployment, Labor Department, Jobs

How Europe watches American unemployment

Aug 3, 2012
Today the world is watching us here in the U.S. The Labor Department is about to tell us how many jobs were created in the U.S. last month and what the new unemployment rate is. It's seen as a key indicator for the health of the U.S. economy, which is still the largest in the world.
Posted In: Unemployment, Jobs

Awaiting the July jobs report

Aug 3, 2012
In just a couple hours we'll get the most important economic numbers of the month. The Labor Department will tell us how many jobs were created in the U.S. in July, and what the new unemployment rate is.
Posted In: Unemployment, Jobs

U.S.'s credit rating cut defies dire predictions

Aug 2, 2012
A year after Standard & Poor’s cut the U.S. credit rating from AAA to AA+, interest rates are lower than ever. Who made the right -- and wrong -- predictions?
Posted In: Standard & Poor's, S&P, downgrade

PODCAST: The ECB makes a statement, Americans like coffee

Aug 2, 2012
The Fed announced yesterday that it is prepared to act if the economy gets worse -- But for now, nada. Which brings us to the European Central Bank, which is holding a meeting today in Frankfurt and might have a little something up its sleeve for the global economy. On Capitol Hill today, a House Committee is looking into the effects of the Supreme Court's ruling on health care; Specifically, just how the IRS will assess a tax on people who don't carry health insurance. Later this morning, Freddie Mac will tell us what the average interest rate is right now on a 30-year fixed mortgage. Last week, the rate fell below 3.5 percent for the first time in 60 years of record keeping.

Mario Draghi maintains uncertainty surrounding Europe

Aug 2, 2012
In Frankfurt, the head of the European Central Bank Mario Draghi held a press conference. Everyone was waiting to see whether Draghi would announce new stimulus measures, after saying last week that he'd do whatever it takes to save the euro.
Posted In: ECB, Mario Draghi

ECB Mario Draghi holds press conference

Aug 2, 2012
The head of the European Central Bank, Mario Draghi, is holding a press conference right now in Frankfurt. And global markets are hanging on his every word. That's because he said last week he'll do whatever it takes to save the euro, and today is the day we find out what that means.
Posted In: ECB, Mario Draghi

Americans see need for more jobs... and coffee

Aug 2, 2012
Tomorrow, we'll get a reading on job creation for the month of July from the Labor Department, and whether it's a good or bad report, it's sure to have impact on the presidential race. Plus, the latest data on how many people in America are drinking coffee.
Posted In: Jobs, 2012 election, coffee

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