Economy - Most Commented


January retail sales lower than expected

Feb 14, 2012
The government said this morning that retail sales inched up 0.4 percent last month. That was lower than expected.
Posted In: retail sales, Retail, consumer

Volcker Rule aims for fewer risks in the market

Feb 14, 2012
There's renewed debate today about the so-called "Volcker Rule." It's part of the Dodd-Frank Wall Street reform passed two years ago. Basically, the Volcker Rule says banks should take fewer risks in the market.
Posted In: Volcker Rule, Paul Volcker, Banks

PODCAST: Retail sales and valentine hearts

Feb 14, 2012
Two former Bear Stearns executives accused of misleading investors about the quality of risky mortgages have settled with the federal government. Waffle House is transforming more than a hundred restaurants into Valentine wonderlands. President Obama is meeting today with Chinese Vice President Xi Jinping, who is expected to be the next president of China. And some experts are looking to Zynga's earnings to help predict how Facebook will fare in the coming months.

What California hopes to get from China

Feb 14, 2012
Los Angeles is on the agenda for Chinese Vice President Xi Jinping's U.S. visit. California and China have multiple ties, and this visit could set a standard for future negotiations.
Posted In: China, Xi Jinping, california

$5-per-gallon gas?

Feb 14, 2012
It's only February and gas prices are already on the rise. At the current trajectory, summer could bring record highs at the pump.
Posted In: gas prices

Fighting the holiday-shopping hangover

Feb 14, 2012
According to the Census Bureau, retail sales growth in January was about half what was expected.
Posted In: U.S. Census Bureau, retail sales

Nevadans scrutinize $25 billion foreclosure settlement

Feb 13, 2012
Banks will pay out billions over questionable foreclosure practices, like robo-signing. Will homeowners in hard-hit Nevada feel relief?
Posted In: mortgage settlement, Housing, foreclosures

Getting vets working again

Feb 13, 2012
With employment at 13 percent for U.S. veterans, big companies are starting initiatives to get them back to work in civilian life.
Posted In: veterans, military, Jobs, Unemployment

$3.8 trillion budget released

Feb 13, 2012
President Obama has published his multi-trillion-dollar budget. Despite it being an election year, Karen Shaw Petrou thinks we should take it seriously.
Posted In: federal budget, Obama, Taxes

Saving money on making money

Feb 13, 2012
In his new budget released today, President Obama said he wants Congress to let the Treasury Department use cheaper materials to mint our coins.
Posted In: federal budget, penny, currency