Economy - Most Recent

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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

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

PODCAST: Is America accelerating?

Feb 16, 2012
Rupert Murdoch is facing tensions with his staff at The Sun after nine of its journalists were arrested in the last few weeks for alleged corruption. The rental car market in the United States has been dominated by American brands, but that could soon change. Commercial real estate experts are starting to see what will become of the hundreds of Borders store spaces that closed last year.

Opportunity index hits record high

Feb 16, 2012
Regardless of positive spin, the housing picture in the U.S. is less than rosy.
Posted In: real estate, homeownership, index

Credit agencies and debt collectors to get federal scrutiny

Feb 16, 2012
The Consumer Financial Protection Bureau is proposing to add the three major credit bureaus and debt colletion companies to the list of businesses the federal agency can now oversee.
Posted In: debt collection, credit agencies, equifax, Consumer Financial Protection Bureau, CFPB

What Americans think about President Obama's budget

Feb 16, 2012
Do Americans agree with President Obama's latest budget proposal? Gallup's editor-in-chief Frank Newport explains what Americans want the government to cut and spend more money on.
Posted In: federal budget, obama budget, Barack Obama, budget

Extended payroll tax cut serves as 'stealth stimulus'

Feb 15, 2012
Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year, which means more money will go into more people's pockets and perhaps, they will go out and spend it.
Posted In: payroll tax, stimulus

Tensions in Middle East affecting oil prices

Feb 15, 2012
Oil prices are on the rise today, in part because of news out of Syria. But there are also bigger picture problems to worry about.
Posted In: Oil, middle east, Strait of Hormuz, oil prices

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