Economy - Most Commented

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Some banks offer extra incentive to short sell homes

Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Posted In: short sell, foreclosure, JPMorgan, underwater mortgage

New foreclosure numbers sound good, but...

Feb 8, 2012
Foreclosures are down, but a legal settlement may change the outlook.
Posted In: Housing, foreclosure

Low job ‘churn’ hurting economic recovery

Feb 8, 2012
Risk-averse Americans are less and less willing to quit their jobs in pursuit of a better fit.
Posted In: Jobs, employment, churn

House GOP introduces version of insider trading bill

Feb 8, 2012
Republicans in the House of Representatives have introduced their version of an anti-insider trading bill. The version that passed the Senate had provisions that focused specifically on those who traffic in 'political intelligence.'
Posted In: insider trading, politics, Congress, Washington D.C.

A little risk in the portfolio could be worth it

Feb 8, 2012
The markets will always have their ups and downs, but Josh Brown of Fusion Analytics thinks the best way to prepare for a long retirement is to keep a little risk in your portfolio, especially as markets are looking up.
Posted In: stock market, Retirement, stocks

PODCAST: Smelly bus stations and a sauerkraut highway

Feb 8, 2012
The Federal Reserve could vote today on a proposed merger between Capital One and ING Direct USA. We talk to two unemployed Spanish women about what it is like to live in a country with such poor job prospects. The Grand Canyon announces a ban on bottled water, despite fears that Coca-Cola, a big parks sponsor, would react badly. And Wal-Mart chooses a new head for its China operations.

FAA funding bill limits labor unions

Feb 7, 2012
Congress has passed a bill to fund technology upgrades for the Federal Aviation Administration. But some unions say they lose out under the legislation, which also limits union activity.
Posted In: airline industry, unions, FAA

Delaware AG Biden: Mortgage deal not enough

Feb 7, 2012
Forty states have signed on to a settlement deal with the nation's largest banks, while Delaware and other hold-out states try for a better deal.
Posted In: foreclosures, Beau Biden, Housing, mortgage settlement

Bernanke stands firm on low interest rates

Feb 7, 2012
How does Federal Reserve Chairman Ben Bernanke know the economy will need low interest rates through 2014? He doesn’t, but we listen anyway.
Posted In: Federal Reserve, Ben Bernanke, interest rates

Consumer borrowing rises again

Feb 7, 2012
A borrowing consumer is a confident consumer. But it's not all good news.
Posted In: consumer borrowing, consumer confidence

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