Economy - Most Commented

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The downgrade's effect on cities' budgets and growth

Aug 9, 2011
Michael Bissonette, mayor of Chicopee, Mass., discusses how the S&P downgrade decision is already affecting his city and its plans for expansion and job growth

Deja vu all over again for the economy?

Aug 9, 2011
Sharp stock market drops of late are reminiscent of the 2008 crisis -- and that's put investors on edge. But the roots of our current economic turmoil are much different than the causes of the last recession.

Downgrade could make life expensive for municipalities

Aug 9, 2011
The downgrade of the U.S. credit rating will also likely force ratings cuts on bonds issued by cities and states. That could raise municipality borrowing costs.

The downgrade: What political gap?

Aug 8, 2011
The economy isn't doing well, but S&P said Friday it was downgrading U.S. debt because of politics, that there's such a gap between the parties, it throws into serious doubt the government's ability to govern responsibly. But where's the gap?

117,000 jobs could turn mood away from 'recessionary'

Aug 5, 2011
July's job report saw the addition of 117,000 new jobs. But, in the wake of last week's debt crisis and today's report, markets still aren't convinced.

President Obama signed the debt deal -- but that can't fix the economy

Aug 3, 2011
Deep spending cuts could hamper economic growth, and some analysts say the debt deal may actually spook investors, rather than reassure them

Where's the debt ceiling after-party?

Aug 2, 2011
Analyst Juli Niemann explains that the U.S. Congress says it made tough choices -- without actually having made all those tough choices.

Debt deal won't cut entitlements

Aug 1, 2011
If members of Congress agree to this new debt deal, entitlement programs won't be cut -- at least initially. But big cuts could come in the second round

Jacob Lew on the details and politics of the debt ceiling deal

Aug 1, 2011
The director of the Office of Management and Budget at the White House talks about the effects of the deal, and what he hopes for in discussions between the political parties in the future

Hours before the debt deal vote, how are conservative Republicans in the House feeling?

Aug 1, 2011
The proposal announced late yesterday calls for big cuts over the next decade, including nearly $2.5 trillion to defense and entitlement programs

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