Economy - Most Recent

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Gov. Rick Snyder on Michigan's continuing progress

Feb 21, 2012
The governor discusses the state's falling unemployment rate, the state of the auto industry and his corporate tax proposal.
Posted In: Michigan, Rick Snyder, Auto, corporate tax

GM workers to get profit-sharing bonuses in March

Feb 21, 2012
Fatter paychecks could boost local economies.
Posted In: Auto, General Motors, GM, bonuses

Iran sanctions could lead to higher gas costs in U.S.

Feb 20, 2012
Oil prices have jumped to a near nine month high this morning. That's after Iran cut exports to Britain and France over sanctions related to Iran's nuclear program.
Posted In: Oil, Iran, sanctions, gas prices

PODCAST: Happy President's Day

Feb 20, 2012
The group that runs the Medical College Admissions Test -- or MCAT -- is rolling out a new exam in 2015 that will include questions about the psychological and social underpinnings of medicine. Ohio is betting big on casinos, opening up gambling later this year in Cincinnati, Cleveland, Columbus and Toledo. As outdoor outfitter L.L.Bean celebrates its centennial this year, one of the company's oldest products is making a comeback. Happy President's Day!

Rising gas prices offset payroll tax savings

Feb 17, 2012
Consumer savings from the payroll tax cut, which lawmakers just voted to extend for another year, were erased by higher gasoline prices. The same scenario is likely this year.
Posted In: undefined

Is our economic rebound for real?

Feb 17, 2012
Economic data indicate our economy is warming up. But how might Europe's problems affect America's recovery?
Posted In: Economy, Europe debt crisis

The mortgage settlement may cost taxpayers

Feb 17, 2012
A report says U.S. taxpayers may end up on the losing side of the multi-billion-dollar housing settlement between banks and states. Former TARP Inspector General Neil Barofsky explains how we may be bailing out big banks again.
Posted In: mortgage settlement, Housing, foreclosures

PODCAST: Taxpayers lose on mortgage settlement, Ford's turnaround

Feb 17, 2012
What's the driving force behind Ford's turnaround? CEO Alan Mulally discusses from Detroit. Down South, reality TV is looking for new voices in the backwoods. Prices are rising -- for both food ingredients and gas. Britain and France are set to sign a nuclear energy deal. Whitney Houston's estate isn't making much money from all those "I Will Always Love You" plays. We explain why. Plus, what does the spectrum auction mean? And are taxpayers bailing out the banks again?

Where Ally stands in the foreclosure settlement

Feb 17, 2012
When the news hit the other day of the blockbuster settlement for abuses in the foreclosure process, there may have been one brand you didn’t immediately recognize. Ally has really only been around since 2009, but there are already rumors swirling about its status.
Posted In: Ally, GM, GMAC, settlement, Housing, mortgage settlement, foreclosure

The importance of small business hiring in the U.S.

Feb 16, 2012
Small business owners are slightly more upbeat about the economy than they have been recently, which sounds like good news for the job market, considering small businesses do a majority of the hiring in the country.
Posted In: Jobs, Small Business

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