Economy - Most Recent

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PODCAST: Retailers join forces for mobile payment

Aug 15, 2012
The stock price of Standard Chartered Bank is up sharply this morning, after the British bank settled with New York state regulators for $340 million after allegations that it hid thousands of financial transactions with Iran. Wal-Mart reports its quarterly earnings this morning. And the company is teaming up with other big retailers to offer a mobile payments network. And different parts of the country have experienced the housing collapse in different ways. But some places have a housing market that seems totally disconnected from the rest of the nation. Just ask the real estate agents in North Idaho.

How Americans view the deficit

Aug 15, 2012
Has the attitude about debt and the deficit changed over time?
Posted In: deficit-cutting, women, debt

Consumer confidence varies from state to state

Aug 15, 2012
Our latest reporting on U.S. consumer confidence says it jumped up last month. But what does that mean where you live?
Posted In: consumer confidence, Washington D.C.

Survivalists drive housing market in Idaho

Aug 15, 2012
Homebuyers preparing for a disaster -- natural, economic or otherwise -- have helped the housing market in remote north Idaho weather the downturn.
Posted In: Housing, idaho

Political lessons from Obama's stimulus

Aug 14, 2012
Did the American Recovery and Reinvestment Act do its job and was President Obama successful in selling the stimulus program to the public?
Posted In: economic stimulus, stimulus program, Barack Obama, stimulus

Car buyers borrow more, for longer terms

Aug 14, 2012
Banks are willing to lend to buyers with subprime credit ratings again. Now you can be underwater on your car as well as your house.
Posted In: Auto, car, lending, underwater car

PODCAST: Retail sales shine bright, Groupon dims out

Aug 14, 2012
There are really two camps of people at the Federal Reserve: Those who think we should be doing a lot more stimulus monetarily, and focused on that employment mandate that the Fed has; And those who are worried more about inflation, and don't want the Fed to be expanding its balance sheet. One person who thinks there should be more stimulus is a guy named Eric Rosengren, president of the Federal Reserve Bank of Boston. And the official price tag for the London Olympics is about $15 billion. And while some tally up the benefits, some small business owners in London are seeing red.

Retail sales move up, Groupon sputters

Aug 14, 2012
Retail sales were up 0.8 percent last month; the first uptick in four months.
Posted In: Retail, groupon

Retail sales up for first time in four months

Aug 14, 2012
Retail sales in the U.S. jumped by almost a percent last month. That was the first uptick in four months, as consumers spent their money on everything from cars to electronics.
Posted In: Retail, consumer

Germany and France hold steady, but don't grow much

Aug 14, 2012
Happiness is relative in Europe these days: Investors are cheering news the euro area's top economies did not turn in the abysmal results many had expected. Instead, things are just "garden-variety" bad.
Posted In: Europe, Germany, France

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