Economy - Most Recent

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Payroll tax cut decision should come soon

Dec 14, 2011
David Mark, senior editor at Politico, explains why he thinks lawmakers will hammer out a deal on payroll tax cuts and the budget soon.
Posted In: politics, payroll tax, Washington D.C.

Attitude Check: Who do you trust?

Dec 14, 2011
What's the biggest threat to the future of America: big business, big government or big labor? Americans weigh in.
Posted In: big business, big government, survey, public opinion

Deadlines loom for Congress

Dec 14, 2011
The House and the Senate face a number of decisions before they can head off for the holidays. Is another government shutdown possible?
Posted In: Congress, payroll tax, Keystone pipeline, unemployment benefits

New rule could disclose CEO-to-employee pay ratio

Dec 14, 2011
The SEC says they should have a rule out mandating the disclosure of the ratio of CEO to average worker pay by the end of this year. It could shed more light on the widening income gap in the U.S.
Posted In: ceo, inequality, income

The pros and cons of the payroll tax cut

Dec 14, 2011
The payroll tax cuts expire at the end of the year, and the clock is ticking to make a decision to renew them or not. Why can they help or hurt the economy?
Posted In: payroll tax, Washington, politics

Federal Reserve could begin plans to raise interest rates

Dec 13, 2011
Federal Reserve officials are expected to announce that they will keep interest rates near zero, a level that has remained steady since the financial crisis
Posted In: Federal Reserve, quantitative easing

Could Europe be heading for a permanent recession?

Dec 13, 2011
The deal European leaders struck for greater fiscal unity could also stunt growth in the long-term.
Posted In: Europe debt crisis, recession, fiscal union

Gary Shilling: Unlikely Fed will make a move yet

Dec 13, 2011
Former Fed economist Gary Shilling says it is unlikely the Fed will change the zero percent interest rate anytime soon, and when it does, the shift will be more the effect than the cause of a booming economy.
Posted In: Federal Reserve, interest rates

Americans spending more on cars, clothing and furniture

Dec 13, 2011
American consumer spending is up, but shoppers are more conscious this time around -- and Black Friday might have been the high point of spending for a while.
Posted In: holiday shopping, retail sales, holiday discounts

PODCAST: Six months of rising sales, raising a glass of bubbly

Dec 13, 2011
The Federal Reserve officials meet today to discuss the slow domestic recovery, the ongoing crisis in Europe, and a plan for better communication surrounding its actions. In Russia, billionaire Mikhail Prokhorov announced he will run for president against Vladimir Putin in next spring's elections. Wall Street types can expect smaller bonuses this year, but many are thankful to just have a job.
Posted In: champagne, retail sales, Russia

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