Economy - Most Commented


PODCAST: China's predicted growth, BP's big settlement

Mar 5, 2012
President Obama has proposed giving the IRS an 8 percent budget boost in the hopes of bringing in more revenue to the government. We're just a day away from Super Tuesday, when voters in 10 states will choose who they want the Republican presidential nominee to be. The city of St. Louis is trying to get control of its police department back from the state of Missouri. And today, the L.A. Times will follow in the footsteps of the New York Times and Wall Street Journal by starting to charge to access some of the paper online.

How President Obama handled the recovery

Mar 2, 2012
A new book explains why the Obama administration didn't go far enough to encourage economic recovery.
Posted In: stimulus, President Obama, recovery, recession

Residential rental market is booming

Mar 2, 2012
Some would-be home buyers are unable to get loans for new places, but people who are getting back to work as the economy improves still want to move out of their parent's basement.
Posted In: Housing, rental, real estate, commercial real estate

PODCAST: Full 'throttling,' the rental market boom

Mar 2, 2012
A mild winter in many parts of the country has helped some businesses, like construction, while at the same time hurting others. Senator Tom Harkin of Iowa explains why we should get rid of the dollar bill once and for all. Russians will vote on Sunday in the country's presidential election and late tonight, United and Continental airlines are merging -- their reservation systems.

Gas prices reaching new heights this year

Mar 2, 2012
Yesterday, a report of a pipeline explosion in Saudi Arabia sent oil prices up near a four-year high. The Saudis denied that report, but two things are clear: Oil traders are on edge, and prices remain very high. And obviously, that's trickling right down to the gas tank.
Posted In: gas prices, Oil

American incomes rise 0.3%

Mar 1, 2012
We're seeing both more people working and people with jobs being paid more -- but high gas prices and inflation could take a small hit to that increase.
Posted In: income growth

PODCAST: New B of A fees, delivery waiting times

Mar 1, 2012
What is the wealth gap in America? It might be harder than ever to climb the ladder of success and move up in income levels. The U.N. Human Rights Council has voted to condemn the Syrian government of President Bashar al-Assad. North Korea has reached a deal with the U.S. to suspend its nuclear program in exchange for U.S. food aid. And Justin Bieber turns 18 today, which means he finally gets access to his own finances.

Should speculators be blamed for high gas prices?

Mar 1, 2012
With gas prices rising at an unusual time of year, many are blaming speculators. Others believe refiners are worried about tensions with Iran, and are using a hedging strategy.
Posted In: gas prices, inflation

Can tech IPOs save California's budget?

Mar 1, 2012
California is looking forward to both the Yelp and Facebook IPOs in the near future. One analyst estimated it could bring as much as $2.5 billion to the financially struggling state.
Posted In: Facebook, IPO, Yelp, california

Economy changes like the weather

Mar 1, 2012
But is the mild winter cooking the books?
Posted In: weather, recovery