Economy - Most Recent

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Memphis mayor on the city's recovery

Dec 28, 2011
In the summer of 2010, Memphis was filled with abandoned houses and other effects of the subprime crisis. A year and a half later, how's the city doing?
Posted In: Memphis

Public-worker pension funds lose big

Dec 28, 2011
This summer, the pension plans of government employees lost a staggering quarter-trillion-dollars in assets.
Posted In: pensions, U.S. Census Bureau

San Francisco minimum wage is first to top $10

Dec 28, 2011
One industry -- restaurants -- feels the city's minimum wage policy especially hard.
Posted In: minimum wage, restaurants, San Francisco

NLRB board vacancies could stall major labor decisions

Dec 28, 2011
The National Labor Relations Board is about to lose the ability to enforce the nation's labor laws. On Dec. 31st, three of the five seats on the Board will become vacant. Without a quorum, the NLRB cannot decide cases.
Posted In: National Labor Relations Board, labor, politics

What the Strait of Hormuz means for world oil

Dec 28, 2011
Iran's navy chief said today his country could very easily close the world's most important oil transit channel. The threat to close it comes after the West imposed more sanctions on Iran over its nuclear program.
Posted In: Iran, Oil

Iran oil blockade unlikely to go through

Dec 28, 2011
Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
Posted In: Oil, Saudi Arabia, oil prices

The decisions Washington's put off to 2012

Dec 27, 2011
While a temporary deal was reached, come February a whole new debate will be emerge surrounding the payroll tax cut, unemployment benefits, and Medicare payments to doctors.
Posted In: payroll tax, Washington D.C., politics

Problems remain for Congress in 2012

Dec 27, 2011
Decisions over the payroll tax cuts, Bush tax cuts, and a number of equally heated issues are coming up next year, meaning the bickering in Washington, D.C. will probably continue.
Posted In: payroll tax, politics, Washington D.C.

PODCAST: Holiday sales up, the price of fake snow

Dec 27, 2011
While a temporary deal has been reached in Washington, 2012 doesn't look much better in terms of bipartisanship. FedEx is set to raise its rates beginning in January. In Arizona, many non-industrial businesses are taking up space in warehouses.
Posted In: holiday shopping, snow, football, Music

Rental rates one strong sign in weak housing market

Dec 27, 2011
Home sales fell again in October, with one bright spot in the mix being the rise in rental rates.
Posted In: Housing, housing market, case shiller

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