Economy - Most Commented

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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

PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts

Dec 7, 2011
President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
Posted In: payroll tax, Europe debt crisis

Consumer credit hits two-year high

Dec 7, 2011
The amount of money consumers owe in credit -- excluding mortgages -- grew by $7.7 billion in October, hitting a two-year high.
Posted In: consumer, debt, credit card debt

Spending on Christmas 'bling' is up

Dec 6, 2011
Consumers will almost $6 billion dollars on holiday decorations this year - the most in seven years - according to new data from the National Retail Federation
Posted In: Christmas, spending, decorations

California, Nevada attorneys general join forces

Dec 6, 2011
Attorneys General Kamala Harris of California and Catherine Cortez Masto of Nevada discuss their plans to work together on investigating and prosecuting mortgage fraud.
Posted In: foreclosures, mortgage fraud

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

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