Economy - Most Recent


Unemployment picture is improving, slow and steady

Jan 5, 2012
Fewer people lined up for unemployment benefits last week, which, if sustained, could drop the jobless rate in the longer term.
Posted In: Unemployment

Americans choose renting

Jan 5, 2012
Despite record-low mortgage rates, Americans are yet to wade back into home-ownership.
Posted In: rental, apartments, interest rates, architecture, unemployment

Not many apartments available to rent

Jan 5, 2012
The vacancy rate for apartment fell to its lowest since 2001 in the fourth quarter as more people rented. But mortgage rates are also falling, so will people choose buying over renting soon?
Posted In: rent, rent vs. buy, Housing

Jobs surge

Jan 5, 2012
Today, ADP reported the biggest jump in new hires it has ever seen: 325,000 new jobs in December. Could that be a sign the economy is coming out of its stupor?
Posted In: paycheck, employment, Jobs, Unemployment

Demand for German bonds remains strong

Jan 4, 2012
The hard economic times in Europe have actually been a good thing for Germany, which can still borrow at low rates and benefit in export markets.
Posted In: Germany, bonds

Obama appoints new head of CFPB

Jan 4, 2012
The president plans to use a recess appointment to name Richard Cordray as head of the Consumer Financial Protection Bureau.
Posted In: politics, Barack Obama, CFPB, Richard Cordray

Free lunches becoming more common

Jan 4, 2012
School-subsidized lunch programs report staggering numbers of students in need of help.
Posted In: school lunches, poverty

Richard Cordray to head consumer protection bureau

Jan 4, 2012
President Obama bypassed the Senate and appointed Cordray as the head of the CFPB. Yet, legal challenges will likely follow.
Posted In: Consumer Financial Protection Bureau, CFPB, Richard Cordray

Fixing inequality with early childhood education

Jan 4, 2012
Studies show that early childhood education may be the best weapon in the fight against inequality.

New year, more economic security?

Jan 3, 2012
A new study shows that 1 in 5 of us will fall off a financial cliff in the year ahead.