Economy - Most Recent

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Double-digit unemployment? These firms can't find workers

Dec 24, 2011
In Los Angeles, clothing makers are trying to ride a growth wave, if only they could find people to hire
Posted In: Unemployment, Jobs, manufacturing, fashion

How much are people in the mood to spend?

Dec 23, 2011
Consumer spending eeked up just 0.1 percent in November, despite stories of strong holiday sales. What does that mean about the health of our economy?
Posted In: consumer spending

Embrace your inner spender

Dec 23, 2011
Tess speaks with author James Livingston, who argues that consumer culture is good for the economy, the environment, and your soul.
Posted In: consumer spending

New-home sales tank in 2011

Dec 23, 2011
This year may go on record as the worst for new-home sales since anyone started keeping record.
Posted In: home sales, construction, interest rates

Weekly Wrap: The payroll tax cut deal

Dec 23, 2011
Reviewing the week's headlines on Wall Street. This week: The details of the payroll tax cut extension just passed by Congress.
Posted In: Weekly Wrap

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

Is payroll tax extension a win for consumers?

Dec 23, 2011
The payroll tax cut extension amounts to an extra $1,000 in the average workers' pocket for 2012. What does it mean for the economy?
Posted In: payroll tax

Lessons learned from Washington's down-to-the-wire deadlines

Dec 23, 2011
What have Wall Street economists learned from watching Washington lawmakers duke it out over things like extending the payroll tax cuts?
Posted In: Wall Street, Washington, payroll tax

PODCAST: Who gets the big holiday tips, impact of the payroll tax cut extension

Dec 23, 2011
Congress has passed the payroll tax cut extension. We take a look at what the means for consumers. We have some numbers for you: Consumer spending grew just 0.1 percent in November, while orders for U.S. factory goods went up 3.8 percent. Plus, what is the most pessimistic country in the world? And find out which professions receive the biggest holiday tips.
Posted In: consumer spending, France, payroll tax, tips

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