Economy - Most Commented


Demystifying the national debt

Apr 10, 2012
The U.S. national debt -- currently clocked at $15.6 trillion -- is a major issue that'll shape the election this fall. But where did it come from and what does it mean for individual Americans? A new book uncovers the numbers.
Posted In: debt

What we can expect from earnings season

Apr 10, 2012
With some tough economic news in the last week or so with the jobs report, and today some evidence of a slowdown in China, Wall Street is anticipating modest reports from corporations.
Posted In: Earnings, corporate profits

PODCAST: Big banks need more capital, a new Oval Office

Apr 10, 2012
It's been more than four years since the giant investment bank Bear Stearns collapsed, and the banking system is still in trouble -- but bank stocks have been soaring recently. Facebook is making its biggest purchase yet, as it gears up to go public. This Sunday is the 100th anniversary of the sinking of the Titanic, and Belfast, Northern Ireland is hoping to become the center of Titanic tourism.

How will the Fed respond to March's jobs numbers?

Apr 9, 2012
March's disappointing jobs report could push the Federal Reserve to do more to spur job growth. Chairman Ben Bernanke is expected to speak on the subject today in Atlanta.
Posted In: Federal Reserve

PODCAST: Sony to cut jobs, a look inside Foxconn

Apr 9, 2012
China correspondent Rob Schmitz reveals what he found on his recent trip inside a Foxconn factory. Sony is reportedly set to cut 10,000 jobs; it's the first major move by its new CEO. Investors are urging British grocer Tesco to ditch its U.S. chain of Fresh & Easy stores. Stove Top stuffing is trying to woo consumers year-round. And Mike Huckabee launches his syndicated radio show today, bringing new competition to Rush Limbaugh.

March jobs report disappointing, but not a disaster

Apr 9, 2012
After news that Sony is cutting 6 percent of its workforce and that the U.S. economy only added 120,000 jobs last month, the future doesn't look bright -- but a bigger picture shows it's all just part of a slow recovery.
Posted In: Unemployment

Baby Boomers choosing to retire earlier

Apr 9, 2012
There was one tiny bright spot to March's unemployment report: 164,000 fewer people were looking for work. One particular demographic that has dropped out of the search -- Baby Boomers who are choosing to retire prematurely.
Posted In: Unemployment, baby boomers, Retirement

Federal job retraining programs are running out of money

Apr 9, 2012
The economy's doing better, but unemployment is still at over 8 percent. Lots of jobless workers have turned to federally-funded retraining programs, but as New York Times reporter Motoko Rich reports, funding is running dry.
Posted In: Jobs, Unemployment, employee training

Every day is tax time

Apr 9, 2012
Taxes are all around, but we may not realize it.
Posted In: Taxes

AT&T finally sells its Yellow Pages unit

Apr 9, 2012
AT&T said it is selling its Yellow Pages unit to private equity firm Cerberus. One a powerhouse, the Yellow Pages is losing to online rivals.
Posted In: Yellow Pages, AT&T, Mergers and Acquisitions