Economy - Most Recent

Pages

Good news for the U.S., bad news for Europe

Apr 5, 2012
While the U.S. reported the lowest number of applicants for unemployment benefits last month, Spain is reviving worries about the situation in Europe.
Posted In: Europe debt crisis, unemployment benefits

Which cities have the most jobs?

Apr 5, 2012
According to Gallup's latest polls, Oklahoma City sits at the top of the list of cities that are hiring. A number of California cities round out the bottom of the list.
Posted In: Jobs

'Taxes are a fraud!'

Apr 5, 2012
Commentator P. J. O'Rourke says the sheer complexity of the tax code makes it one giant con.
Posted In: Taxes

Fed money played no role in Watergate

Apr 4, 2012
At the Federal Reserve's latest meeting, only two of 10 voting committee members support additional stimulus. The Fed inspector general, meanwhile, released a report that Fed money didn't contribute to the Watergate burglary, or to Saddam Hussein and Iraq getting weapons in the 1980s.
Posted In: Federal Reserve, Ben Bernanke, Ron Paul, Watergate

Markets react to Fed news, ADP jobs report

Apr 4, 2012
The payroll processing company ADP said the U.S. private sector added 209,000 jobs last month, a sign that job growth has yet to be affected by high gas prices. The seeming recovery has also led the Fed to announce it will ease off with quantitative easing.
Posted In: Federal Reserve, employment, quantitative easing

PODCAST: Yahoo cuts 2,000 jobs, James Bond grabs a Heineken

Apr 4, 2012
The Federal Reserve has released its latest minutes as well as the results of an investigation which found that the Fed didn't contribute funds to Watergate, or other scandalous causes. The U.S. is increasing pressure on Iran to curb its nuclear program, but India -- a long-time U.S. ally -- is reluctant to go along. And last year, Starbucks initiated the Create Jobs for USA Fund; because of its success, Google and Gap are ready to join in.

Is it time to break up the banks?

Apr 4, 2012
Commentator Robert Reich says the continued specter of 'too big to fail' compels nothing less.
Posted In: Banks, too big to fail, Wall Street, Dodd-Frank law, bank reform

Finalists picked for major economics prize

Apr 3, 2012
The experts have so far had a hard time figuring out what to do if a country like Greece decides to leave the euro, so one British businessman set up a contest in search of ideas.
Posted In: prize

Government officials fired over lavish spending at conference

Apr 3, 2012
A new report from the General Services Administration's inspector general says government officials spent hundreds of thousands of taxpayer dollars on a training conference near Las Vegas -- and the money wasn't only going to binders and bag lunches.
Posted In: Washington D.C., federal budget

PODCAST: Car sales looking up, James Murdoch steps down again

Apr 3, 2012
Car manufacturers report sales numbers for last month today, and one thing that might have hit them hard is gas prices. Next week will mark 100 years since the maiden voyage of the RMS Titanic, and we speak to Robert Ballard, who discovered the Titanic wreck in 1985, about the state of deep sea exploration these days. If you're a regular user of Facebook or Twitter, you're likely familiar with the KONY 2012 video -- and now, the group behind it is preparing Kony 2012, Part 2.

Pages