Economy - Most Recent


Generations of housing red tape

Dec 1, 2011
On the Pine Ridge reservation, buying a home can take decades, even if you have the money.
Posted In: Housing

The debts of households, companies and governments

Dec 1, 2011
And how they influence a country's GDP.
Posted In: Gross Domestic Product (GDP), GDP

Markets react well to help from world's central banks

Dec 1, 2011
The Dow had its best day in almost three years yesterday following the news that central banks around the world would help ease the credit crunch.
Posted In: European Central Bank, credit crunch, Mario Draghi

Central banks buy European governments more time

Dec 1, 2011
Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.
Posted In: European Central Bank, Europe debt crisis

Standard & Poor's downgrades major U.S. banks

Nov 30, 2011
Pressure builds in Europe as clear signs begin to show that a default there would hit the U.S. banks hard.
Posted In: banking, Standard & Poor's, downgrade, Europe debt crisis

Private sector gains offset by continued government layoffs

Nov 30, 2011
John Challenger of Challenger, Gray & Christmas speaks about his company's November jobs numbers, which show some signs of improvement
Posted In: Jobs, unemployment, federal government

Dozens of financial institutions downgraded by S&P

Nov 30, 2011
Banks today are reeling, just a day after Standard & Poor's downgraded dozens of financial institutions all around the world -- including here in the United States.
Posted In: Standard & Poor's, downgrade, banking

Central banks announce joint plan to avoid credit crunch

Nov 30, 2011
To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.
Posted In: Europe debt crisis, European Central Bank, Federal Reserve, credit crunch

PODCAST: Central banks join forces

Nov 30, 2011
The European debt crisis spreads to American banks. The National Labor Relations Board could speed up the process for elections. In light of recent scandals, universities are taking a closer look at candidates before hiring them on. And the end of Napster has finally come.
Posted In: European Central Bank, Federal Reserve, credit crunch

'Light at the end of the tunnel' for poor job market

Nov 30, 2011
Paul Ashworth of Capital Economics explains why the nation's current employment measures, while not stellar, are positive signs for the future.
Posted In: Jobs, Unemployment