Economy - Most Commented

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The battle over the Consumer Financial Protection Bureau

Dec 7, 2011
Republicans are trying to block the appointment of Richard Cordray as director of the CFPB in preference of a commission; Democrats say it's a fight against consumer protection.
Posted In: Consumer Financial Protection Bureau, Richard Cordray

President Obama takes aim at rising inequality

Dec 7, 2011
Yesterday, the president spoke about the loss of the American dream. But just how much is the middle class really shrinking?
Posted In: middle class, Barack Obama, payroll tax, Washington D.C.

Unemployment rate falls in metro areas

Dec 7, 2011
The unemployment rate in a number of cities fell in November, most notably in the Rust Belt.
Posted In: Unemployment, Rust Belt, midwest, cities

Citigroup announces planned layoffs

Dec 7, 2011
Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
Posted In: Citigroup, Europe debt crisis

White House trying to avoid economic headwinds from Europe

Dec 6, 2011
Leaders in the U.S. are increasingly worried about the debt crisis in Europe. Treasury Secretary Timothy Geithner is on a grand tour this week to check in on progress there.
Posted In: Europe debt crisis, Timothy Geithner

Payroll tax decision nears end of the year deadline

Dec 6, 2011
Senate Democrats want another vote this week on extending a payroll tax cut for workers. But Republicans say they can't support the Democratic proposal.
Posted In: politics, Social Security, Medicare, payroll tax

Eurozone threatened with downgrade if summit fails

Dec 6, 2011
Yet another summit is planned in Europe this week to find a solution to the debt problems there. But is this summit the one that will produce results?
Posted In: Timothy Geithner, Europe debt crisis

President Obama pushes for payroll tax extension

Dec 6, 2011
A tax hike could be in store for all Americans at the start of next year if Republicans and Democrats in Washington can't agree. The current payroll tax cuts put money into the pockets of consumers.
Posted In: politics, Washington D.C., President Obama, payroll tax

PODCAST: The U.S. weighs in on Europe

Dec 6, 2011
The latest threat for Europe comes from Standard & Poor's: a possible downgrade of 15 countries if the debt problems continue. Irish citizens are bracing for the fourth year of austerity. Author Robert Neuwirth says the informal economy could soon make up two-thirds of the world's workforce. Pollution in China could be a benefit for the U.S., and Microsoft sets out to revamp XBox Live.
Posted In: payroll tax, Europe debt crisis

Obama invoking Theodore Roosevelt

Dec 6, 2011
The president speaks in Osawatomie, Kansas, where Roosevelt laid out his "square deal" for the middle class in 1910. Obama has a modern day version.
Posted In: payroll tax, middle class

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