Economy - Most Commented


One day at a time for the long-term unemployed

May 25, 2012
There are millions of Americans who've been out of work for more than six months. One woman shares how she stays hopeful.
Posted In: Unemployment, long-term unemployed, Jobs

Consumer Financial Protection Bureau to create prepaid card regulations

May 24, 2012
The new Consumer Financial Protection Bureau announced this week its efforts to regulate prepaid debit cards. Regulators fear the cards aren’t backed by protections given regular credit card holders.
Posted In: prepaid card, bank regulations, CFPB

PODCAST: A run on kosher chocolate chips, Rewriting Korean subtitles

May 24, 2012
As budget woes continue to plague lawmakers in Washington, D.C., as well as leaders in Europe, we speak to the leader of California, Gov. Jerry Brown, over his state's financial issues. Officials in Houston are trying to figure out what to do with the Astrodome -- renovate it or tear it down. Manufacturers are reporting slowing sales of desktop and laptop PCs suggesting a slow down in economic growth, but computer sales may no longer be a reliable indicator of new hires and overall business growth.

What Americans think about austerity vs. growth

May 24, 2012
Europe is debating the two. So, too, are many in the States. Frank Newport at Gallup talks about what Americans are saying about austerity here and in Europe.
Posted In: austerity

In Detroit, half the street lights could go dark

May 24, 2012
The mayor's plan would stop illuminating blighted neighborhoods, and spend more to light the rest.
Posted In: Detroit

Should Washington act to prevent a 'fiscal cliff'?

May 23, 2012
The non-partisan Congressional Budget Office released a study yesterday warning of a U.S. recession if lawmakers let the Bush-era tax cuts expire and enact a round of automatic spending cuts -- allowing for a 'fiscal cliff.'
Posted In: recession, budget, Fiscal policy, Bush tax cuts

PODCAST: Chipotle under investigation, OECD's happiest country

May 23, 2012
If you're looking for a safe place to park your money, think Ford. Moody's has boosted the automaker's debt to investment-grade, giving a thumbs up to a long financial turnaround for the company. Today, struggling tech giant Hewlett-Packard will announce whether the company will shed tens of thousands its workers. With Memorial Day approaching, parents begin to consider summer plans and the value of camp for their kids. This week Target launched a line of Gay Pride T-shirts on its website in time for Gay Pride month in June which may help mend fences between the retailer and the gay community.
Posted In: Dell

Debt ceiling déjà vu

May 23, 2012
Last summer, the battle over raising the debt ceiling consumed D.C. And guess what -- new battle lines are being drawn again.
Posted In: debt ceiling

PODCAST: Joining forces for Wi-Fi, rebranding drought

May 22, 2012
There's a new warning this morning from the Organization for Economic Cooperation and Development that says the 17 nations that use the euro are at risk of falling into a severe recession. It's been two years since the BP Oil Spill in the Gulf of Mexico, and today officials from government are looking at one item central to that spill: the blowout preventer. As soon as next week, Southwest Airlines could get clearance to build a brand new international terminal at Houston's Hobby airport -- but one competitor is doing its best to thwart those plans.

Taking aim at the Census

May 21, 2012
You've probably never heard of the American Community Survey. It's on the cutting room floor in Congress. And businesses are not pleased.
Posted In: census