Economy - Most Commented


Treasury turns $25 billion profit from mortgage securities

Mar 19, 2012
The U.S. Treasury has profited from buying mortgage-backed securities during the financial crisis.
Posted In: U.S. Treasury, mortgage crisis, mortgage-backed securities

Congress fights over Export-Import Bank funding

Mar 19, 2012
Some senators want to beef up funding to help exporters promote their wares overseas, but airlines say that only helps foreign competitors buy aircraft more cheaply than domestic airlines.
Posted In: import export

Podcast: Apple's $100 billion plan, and UPS goes shopping

Mar 19, 2012
Apple CEO Tim Cook said in a conference call today that the company would start spending down its nearly $100-billion pile of cash with a $10 billion share buyback and a quarterly stock dividend of $2.65 a share. We talk to Henry Blodget, CEO of Business Insider, for more on this story. Shipping giant United Parcels Service said it would pay $6.8 billion for Dutch shipping rival TNT Express in effort to expand its global reach. Plus, Ireland struggles with 14 percent unemployment, Greece's prime minister said the company is on its way to a recovery, and Yahoo! fends off an aggressive investor.
Posted In: podcast

Freshman GOP congressman backs surtax on rich

Mar 16, 2012
Rep. Rick Crawford of Arkansas says we can't get a deficit agreement without tax hikes. Could this be another crack in Grover Norquist’s tax pledge never to raise taxes?
Posted In: Grover Norquist, tax, Rick Crawford, Americans for Tax Reform

On tax forms, Arizonans must report out-of-state purchases

Mar 16, 2012
A new line on Arizona's tax return is asking people how much shopping they've done out of state. The idea was to recoup millions in lost revenue from online retailers.
Posted In: tax, arizona, Taxes

Crude oil prices on the rise

Mar 16, 2012
After rumors that the U.S. and U.K. might release crude oil stock prices were found untrue -- at least for now -- prices are climbing back up.
Posted In: Oil, crude oil, U.K.

As inflation rises this year, should we be worried?

Mar 16, 2012
The Consumer Price Index is out this morning. With higher consumer prices comes rising inflation, but how big of a threat is that to the average American's way of life?
Posted In: consumer, food prices, inflation

How higher prices hit American consumers

Mar 16, 2012
Consumer Prices are one place where the economy comes down to earth and hits us square in the wallet -- and that's what happened in February according to the Consumer Price Index.
Posted In: inflation, consumer prices

Consumer Price Index bumps up, gas prices to blame

Mar 16, 2012
Consumer prices rose by the most in 10 months in February, and rising gas prices were to blame for most of that change.
Posted In: consumer prices, inflation, gas prices, consumer

PODCAST: Crude oil and consumer prices rise, one job where women make more

Mar 16, 2012
Apple's latest iPad is released in stores today, but the lines aren't stretching quite so far down the block as they used to. And the company might soon be trying to buy your old iPad back from you, to refurbish and re-sell in other parts of the world. In Arizona, a new line on the state's tax return asks people how much shopping they've done out-of-state. And what is the importance of the female vote in this election cycle?