Economy - Most Recent

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Leaders in Washington to vote on a temporary spending deal

Dec 16, 2011
Lawmakers are on track to agree to a temporary budget deal ahead of tonight's midnight deadline.
Posted In: politics, Washington D.C., government spending

Congress could settle on a two month extension

Dec 16, 2011
Long-term budget issues in Washington are yet to be resolved, but it is likely that leaders will settle on a temporary two month extension of the payroll tax cuts.
Posted In: payroll tax, Washington D.C., federal budget

Shutdown averted, Congress weighs stimulus

Dec 16, 2011
Now that Congress has averted a government shutdown, it takes up the extension of the payroll tax cut and long-term unemployment benefits
Posted In: politics, Washington D.C., government spending, federal budget

Will Congress soon decide on a budget plan?

Dec 16, 2011
For now, it looks at though leaders in Washington will push back any long lasting decisions on the deficit into next year.
Posted In: politics, Washington D.C., federal budget

PODCAST: Austerity for the holidays

Dec 16, 2011
Congress reaches a deal to avoid a government shutdown -- and it hinges around light bulbs. Retired Americans are no longer shipping off to Florida when they are done working. On the front lines of the European debt crisis, Italy passes austerity measures proposed by new Prime Minister Mario Monti.
Posted In: Washington D.C., austerity

SEC files complaint against former Freddie, Fannie CEOs

Dec 16, 2011
Federal regulators at the Securities and Exchange Commission just this morning charged several former executives at mortgage giants Fannie Mae and Freddie Mac with civil fraud
Posted In: Freddie Mac, Fannie Mae, SEC

Good news on inflation

Dec 16, 2011
Lower energy costs kept November's Consumer Price Index flat, a good sign for the U.S. economy.
Posted In: food prices, gas prices, consumer prices, Labor Department

Brinkmanship and the markets

Dec 16, 2011
News that the government won't shutdown this weekend over payroll tax cut seems a bit like someone promising not to poke you in the eye after all.
Posted In: payroll tax, surtax

The role of the outlet mall

Dec 16, 2011
The Citadel Outlets' owner Steven Craig discusses how his outlet malls are doing in this economy, and how they might fare in the future.
Posted In: Retail, outlet malls

Bipartisan legislation on Medicare unveiled

Dec 16, 2011
Senator Ron Wyden and Representative Paul Ryan released a bipartisan Medicare reform plan. The timing, amid budget and payroll tax fights, could be intentional.
Posted In: health care, Medicare, Paul Ryan, Ron Wyden

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