Economy - Most Commented


PODCAST: Yelp IPO, whispering in airplanes

Feb 28, 2012
Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of "supercommuters" is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.

The future of low-cost borrowing

Feb 28, 2012
The Federal Reserve's policy of low interest rates allows the government to borrow money at little cost. But analysts predict it's just a matter of time before interest rates shoot back up.
Posted In: borrowing, interest rates, U.S. Treasury, Federal Reserve

Wealth and the empathy problem

Feb 28, 2012
The finance world is bored of acting somber, and a new study finds that the wealthy are more likely to lie, cheat, and steal.
Posted In: wealthy, psychology

Sales of manufactured goods falter

Feb 28, 2012
Durable goods, ranging from computers to refrigerators to planes, fell in January. But it doesn’t necessarily mean the economy is sputtering.
Posted In: durable goods, manufacturing, economic indicator

PODCAST: Buffett's successor, uptick in remodeling

Feb 27, 2012
BP's "trial of the century" has been postponed. State tax revenue has been rising at the fastest pace since 2006 -- many states are even reporting surpluses. Some German tax experts want to volunteer their services to Greece, but Greek tax officials aren't happy with the idea. Warren Buffett reveals Berkshire Hathaway has chosen his successor -- but he isn't saying who. And Mitchell Hartman reports from the Wealth and Poverty Desk on the definition of wealth.

Home improvement stores report profits

Feb 27, 2012
Warmer weather helped boost sales for outdoors and spring planning. But what does it say about the U.S. housing picture?
Posted In: home improvement, Home Depot, Lowe's, Housing

Why are we outraged over high gas prices?

Feb 27, 2012
Behavioral economist Sendhil Mullainathan puts into perspective why we shouldn't be too angry over rising gas prices.
Posted In: gas prices, gas, behavioral economics, spending

Housing market gets good news

Feb 27, 2012
Home sales jumped 8% last month. Those numbers and better than expected quarterly sales in home improvement supplies could mean some long-awaited relief for the housing market.
Posted In: Housing, home sales, real estate, construction

Tax surpluses for many states

Feb 27, 2012
Amid gloomy reports of government budget deficits, there was some good news at the National Governors Association meeting in Washington. State tax revenue has been rising at the fastest pace since 2006. Many states are even reporting surpluses.
Posted In: state budgets

Crude oil drops, home remodeling up

Feb 27, 2012
Economist Ellen Zentner discusses what a drop in crude oil prices could mean for consumers, and about the rise in home remodeling in the U.S.
Posted In: home remodeling, Lowe's, crude oil