Economy - Most Recent

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Advocates fight for candidates to address foreclosures

May 31, 2012
Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures.
Posted In: Housing, foreclosures, 2012 election

Monthly layoffs hit eight-month high

May 31, 2012
A study this morning from job outplacement firm Challenger Gray & Christmas found layoffs rose in May to their highest level in eight months.
Posted In: Jobs, Unemployment, GDP

Americans not concerned with euro crisis

May 31, 2012
Experts say the European debt crisis could derail halting economic growth in the U.S., but do Americans care?
Posted In: Europe debt crisis, U.S.

May shows dismal employment numbers

May 31, 2012
The U.S. economy added less jobs than expected in May. At the same time, the number of workers filing for unemployment benefits rose, and the number of planned layoffs in hit an eight month high.
Posted In: Unemployment, Jobs, GDP

PODCAST: I 'Pizza' New York and Dead Social

May 31, 2012
Irish voters go to the polls today not to elect a president or a leader but to vote on key European bailout measures.With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill. Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures. Madonna begins her sold out worldwide summer tour today in Israel. But what if you're not Madonna? How do you make money on tour?

A majority of Americans believe home prices will rise

May 31, 2012
Gallup's Frank Newport reveals the data on what Americans think about home prices and the housing market.
Posted In: Housing

The scratching, burning, socially embarrassing financial crisis

May 31, 2012
A satirical video from political cartoonist Mark Fiore brought down the house at a conference on the risks of debt to the global financial system.
Posted In: risk, too big to fail, debt

Why geography matters in fixing U.S. unemployment

May 31, 2012
Location, location, location. Economist Enrico Moretti says in his new book that it's more important than ever to move to areas with highly educated workers in order to find employment.
Posted In: Jobs, Unemployment, Silicon Valley

How to avoid the 'fiscal cliff'

May 30, 2012
Commentator Robert Reich says lawmakers need to apply the brakes on automatic spending cuts and tax increases set to go into effect at the end of the year or the U.S. may face a new recession.
Posted In: Fiscal policy, Bush tax cuts, federal budget, spending

PODCAST: Zuckerberg loses face value and Pepsi does Twitter

May 30, 2012
The once high-flying maker of the BlackBerry handheld device is in deeper water than analysts feared. Research In Motion warned investors yesterday it could report a loss for its first quarter and has hired bankers for a “strategic review.” Computer networks across the Middle East are engulfed in flame, flame spying software that is. A hotdog joint called Felony Franks employs ex-convicts. After the BP spill, the multi-billion dollar Gulf Coast seafood industry was shut down. Now, two years later, things are looking up, at least for shrimpers.

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