Economy - Most Commented

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NLRB board vacancies could stall major labor decisions

Dec 28, 2011
The National Labor Relations Board is about to lose the ability to enforce the nation's labor laws. On Dec. 31st, three of the five seats on the Board will become vacant. Without a quorum, the NLRB cannot decide cases.
Posted In: National Labor Relations Board, labor, politics

What the Strait of Hormuz means for world oil

Dec 28, 2011
Iran's navy chief said today his country could very easily close the world's most important oil transit channel. The threat to close it comes after the West imposed more sanctions on Iran over its nuclear program.
Posted In: Iran, Oil

Iran oil blockade unlikely to go through

Dec 28, 2011
Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
Posted In: Oil, Saudi Arabia, oil prices

The decisions Washington's put off to 2012

Dec 27, 2011
While a temporary deal was reached, come February a whole new debate will be emerge surrounding the payroll tax cut, unemployment benefits, and Medicare payments to doctors.
Posted In: payroll tax, Washington D.C., politics

Problems remain for Congress in 2012

Dec 27, 2011
Decisions over the payroll tax cuts, Bush tax cuts, and a number of equally heated issues are coming up next year, meaning the bickering in Washington, D.C. will probably continue.
Posted In: payroll tax, politics, Washington D.C.

PODCAST: Holiday sales up, the price of fake snow

Dec 27, 2011
While a temporary deal has been reached in Washington, 2012 doesn't look much better in terms of bipartisanship. FedEx is set to raise its rates beginning in January. In Arizona, many non-industrial businesses are taking up space in warehouses.
Posted In: holiday shopping, snow, football, Music

Rental rates one strong sign in weak housing market

Dec 27, 2011
Home sales fell again in October, with one bright spot in the mix being the rise in rental rates.
Posted In: Housing, housing market, case shiller

Latest housing figures close a bleak year

Dec 27, 2011
Latest figures from S&P Case-Shiller show home prices falling in most major U.S. cities. The statistic reflects a grim year for the housing sector.
Posted In: Housing

Some regions show stronger home sales than others

Dec 27, 2011
The S&P Case-Schiller Index is out today, and it shows home prices in October fell in 19 out of 20 major cities.
Posted In: Housing, housing market

What's the average citizen's share of U.S. debt?

Dec 27, 2011
The White House is looking for another increase of the debt limit, which would bring the grand borrowing total to more than $16 trillion.
Posted In: debt ceiling

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