Economy - Most Recent


Obama urges action on Euro crisis, jobs bill

Jun 8, 2012
Today President Obama urged Europe's leaders to act quickly to solve their economic crisis. On the domestic front, the president asked Congress to reevaluate the jobs bill he delivered to the Capitol last year.
Posted In: Barack Obama, spain, Europe debt crisis, Jobs bill

Obama calls on Congress to act on jobs bill

Jun 8, 2012
Today at a White house press conference, President Obama warned the American public of the banking crisis in Europe and the stalled congressional action on jobs legislation.
Posted In: Jobs bill, Europe debt crisis, Barack Obama

PODCAST: Animal waste as energy, and advice for grads, 'you're not special'

Jun 8, 2012
After the CEO of Chesapeake Energy was drilled by allegations of impropriety, angry shareholders are demanding change. Like the rest of us, companies are still uncertain of the economic future and holding on to their cash. But spending and investing could help to push the economy forward. The International Olympic Committee will provide live web coverage of the London games this summer to nations in Asia and Africa. And finally, what to throw out when, we give you a guide to food expiration dates beyond what's printed on the carton.

Letter: A small business owner on hiring and benefits

Jun 8, 2012
We hear from an owner of a PR firm who's trying to hire, but also struggling to cover retirement benefits.
Posted In: letters

Spain asks for bailout, Fed sets new banking buffer

Jun 8, 2012
One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.
Posted In: spain, Europe debt crisis, Federal Reserve

Market hope hangs on Bernanke

Jun 7, 2012
All eyes are on Federal Reserve Chairman Ben Bernanke today as he testifies today on Capitol Hill and announces his plans for interest rates and quantitative easing.
Posted In: Federal Reserve, interest rates, Europe debt crisis, Ben Bernanke

Options narrow for Federal Reserve action

Jun 7, 2012
Fed Chairman Ben Bernanke is on Capitol Hill today and he's under pressure to do more to stimulate the economy in the United States.
Posted In: Ben Bernanke, Federal Reserve, interest rates, quantitative easing

Bernanke: Fed will act if there is risk

Jun 7, 2012
Federal Reserve Chairman Ben Bernanke was on Capital Hill today, he didn't rule out action, but did not suggest any immediate policy changes.
Posted In: Federal Reserve, Ben Bernanke, interest rates, quantitative easing

PODCAST: Food goggles and Twitter slights Facebook

Jun 7, 2012
Spain's government raised its goal of $2 billion at a bond auction this morning, but banking woes still loom. Summer movie season means it’s time for big-budget, action-adventures, but summer can also spell success for movies that ignore the desires of teenage boys. President Obama will talk to students in Nevada today about his plan to defer federal loan repayments for low-income student borrowers. Although affluent devotees are willing to pay high prices for the up-market sportwear brand Lululemon, there may be a limit to the yoga market.

Americans aren't paying attention to jobs reports

Jun 7, 2012
Taking a look at Gallup's latest data on whether people pay attention to the government's unemployment reports, and whether they feel the economic recovery is on the right track.
Posted In: Jobs, Unemployment