Economy - Most Recent

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Federal borrowing virtually free now

Dec 23, 2011
Some economists advocate borrowing the money to pay for extending tax cuts and unemployment benefits.
Posted In: interest rates

How will the payroll tax cut be paid for?

Dec 23, 2011
The payroll tax cut is expected to be extended for another two months. How will lawmakers come up with the billions it's going to cost?
Posted In: payroll tax, Fannie Mae, Freddie Mac

GDP third quarter revisions coming

Dec 22, 2011
Economists expect third quarter GDP grew at around 2 percent. But if all goes well, it'll be even higher in the fourth quarter.
Posted In: GDP, Gross Domestic Product (GDP)

Has the ECB action helped avert a banking crisis?

Dec 22, 2011
The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.
Posted In: Europe debt crisis, European Central Bank, banking

Attitude Check: Do the payroll tax cuts matter?

Dec 22, 2011
We speak to Frank Newport, editor-in-chief at Gallup, about whether Americans want the payroll tax extended, and what the controversy in Washington could do to consumer confidence.
Posted In: payroll tax, Washington D.C.

The economic story of the year: Politics

Dec 22, 2011
We speak to Diane Swonk about weekly jobless numbers, the payroll tax debate in Washington, and why politics effects economics more than ever.
Posted In: politics, payroll tax, weekly jobless

PODCAST: GDP revised, bear-ing the Mexican border

Dec 22, 2011
In the U.S., Gross Domestic Product revisions are out today, and the hope is that the number will keep improving as long as problems in Europe, and Washington, don't stunt that growth. In one North Carolina town, local business play nice to help each other out during recession. The Lone Star State loses as many as half a billion trees in 2011, and that's not including the wildfires. And in this week's Attitude Check, we look at how Americans are really feeling about the potential payroll tax cut extension.
Posted In: GDP, Gross Domestic Product (GDP), weekly jobless

Lower jobless claims, better consumer sentiment point to improved outlook

Dec 22, 2011
Jack Ablin discusses how today's economic numbers point to a brighter future.
Posted In: Unemployment, bull market

Understanding the year-end unemployment drop

Dec 22, 2011
What's behind the drop in unemployment claims?
Posted In: unemployment

OK job growth is still OK!

Dec 22, 2011
Weekly jobless claims in the U.S. dropped to 364,000 last week. That's 4,000 fewer than the week before and the smallest number since early 2008.
Posted In: Jobs, manufacturing

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