Economy - Most Recent


Consumer Price Index bumps up, gas prices to blame

Mar 16, 2012
Consumer prices rose by the most in 10 months in February, and rising gas prices were to blame for most of that change.
Posted In: consumer prices, inflation, gas prices, consumer

PODCAST: Crude oil and consumer prices rise, one job where women make more

Mar 16, 2012
Apple's latest iPad is released in stores today, but the lines aren't stretching quite so far down the block as they used to. And the company might soon be trying to buy your old iPad back from you, to refurbish and re-sell in other parts of the world. In Arizona, a new line on the state's tax return asks people how much shopping they've done out-of-state. And what is the importance of the female vote in this election cycle?

Attitude Check: Consumer confidence and global warming

Mar 15, 2012
Your politics even determines your take on the weather outside.
Posted In: Barack Obama, consumer confidence, global warming

Experts see solid signs that China growth is slowing

Mar 15, 2012
A respected JP Morgan analyst has claimed that it is a sure thing that the Chinese economy will be coming in for a "hard landing," at 6 percent growth.
Posted In: China, growth

PODCAST: China's 'hard landing,' Greg Smith's shockwaves

Mar 15, 2012
As March Madness begins, we talk to L.A. Times consumer columnist David Lazarus about why many who never gamble decide to play the game this time of year. Does premium gas really help you get better mileage in the long run? And lately, some experts have been wondering whether Pinterest users have the right to show off photos that in many cases they did not create.

'Boomerang Kids' are helping out financially

Mar 15, 2012
Forty percent of 18- to 24-year-olds live at home. It makes financial sense, and most kids and their parents don’t even mind.
Posted In: Millennial Generation

New York latest state to cut pension benefits

Mar 15, 2012
New York legislators approve state employee pension cuts by $80 billion over 30 years. Now 44 states have cut benefits to close budget gaps.
Posted In: pensions, New York

Banks pass stress tests, Goldman fails an employee review

Mar 14, 2012
Big U.S. banks passed a round of stress tests conducted by the Fed. Meanwhile, one former Goldman Sachs employee is speaking out on the corporate culture there, which he claims leaves much to be desired.
Posted In: stress tests, Goldman Sachs, Wall Street

PODCAST: Stressed about stress tests, a Yankees fragrance

Mar 14, 2012
In an age of skyrocketing gas prices, what can we do to make our cars more fuel efficient? The Panama Canal is getting a makeover. In two years, it'll be able to handle ships that carry twice the cargo they handle now, and that could mean big things for ports on the East Coast of the United States. And Paypal is expected to announce tomorrow that it will launch a service where anyone can send or receive credit card and debit card payments over a smartphone.

Furniture sales growth strongest since 2000

Mar 14, 2012
Furniture sales last month were 8.3 percent higher than a year earlier, and that could mean good news for the overall economy.
Posted In: furniture, sales, Housing