Economy - Most Commented

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PODCAST: Six months of rising sales, raising a glass of bubbly

Dec 13, 2011
The Federal Reserve officials meet today to discuss the slow domestic recovery, the ongoing crisis in Europe, and a plan for better communication surrounding its actions. In Russia, billionaire Mikhail Prokhorov announced he will run for president against Vladimir Putin in next spring's elections. Wall Street types can expect smaller bonuses this year, but many are thankful to just have a job.
Posted In: champagne, retail sales, Russia

Despite reports, odds still stacked against job seekers

Dec 13, 2011
A recent report from the Department of Labor has job listings up sharply over two years prior, but with unemployment at 8.6 percent, job openings are not plentiful.
Posted In: jobs report, Labor Department, Unemployment

David Cameron in the 'doghouse' with euro peers

Dec 12, 2011
The United Kingdom walked away from an agreement with the rest of Europe to adhere to more fiscal scrutiny. The country's prime minister says the decision was to protect the financial sector of the country.
Posted In: Europe debt crisis, Britain, david cameron

What will the euro deal to do growth?

Dec 12, 2011
Most of the leaders of Europe agreed to a deal on Friday to help solve the crisis there. But will austerity measures also stunt growth?
Posted In: Europe debt crisis, austerity

PODCAST: Cameron in the doghouse, a dent in the debt

Dec 12, 2011
Questions are being raised as to the economic future of England and the rest of Europe following Friday's summit. Demand for larger pickups is up, and Ford is discontinuing its Ranger line of smaller trucks. More and more young people are taking on full-time jobs as yoga instructors.
Posted In: david cameron, fedex, American Airlines, New Year's eve

Fed hopes to clarify its actions to Americans

Dec 12, 2011
The Federal Reserve's interest rate committee holds its last meeting of the year tomorrow. The Fed hopes to soon make its actions more easily understandable to individuals and business owners.
Posted In: Federal Reserve, transparency

Banks are lending again

Dec 12, 2011
Between July to September of this year, bank credit lending was up 10 percent -- the highest rate since before the Lehman Brothers collapse in 2008.
Posted In: lending, Banks, interest rates, credit

Federal Reserve to increase transparency

Dec 12, 2011
The Federal Reserve is talking about being more upfront about its projections and its targets for short-term interest rates, and its view of the jobs picture, and inflation.
Posted In: Federal Reserve

Senate Republicans block Cordray nomination to CFPB

Dec 9, 2011
U.S. Senate Republicans blocked former Ohio attorney general Richard Cordray's appointment as director of the CFPB. The new bureau is a centerpiece in the Dodd-Frank financial reform law.
Posted In: Richard Cordray, CFPB, Consumer Financial Protection Bureau

Britain refuses to join in European treaty changes

Dec 9, 2011
An agreement among almost all of the European Union members was made in Brussels today, but Britain has decided to stay out of the plan, and insists that official EU institutions do as well.
Posted In: Europe debt crisis, david cameron, fiscal union, EU

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