Economy - Most Recent


Obama budget increases spending on infrastructure

Feb 13, 2012
President Obama's budget for next year includes hundreds of billions for new infrastructure projects and repairs to the nation's roads and bridges. But it could take years before any work actually begins.
Posted In: infrastructure

The budget math of the payroll tax extension

Feb 13, 2012
The details of the payroll tax reduction, the chances it’ll be extended and how it’ll be paid for.
Posted In: payroll tax

Why Greece has to make its payments

Feb 13, 2012
Why is it so important for Greece to get its bailout money by March 20th?
Posted In: Greece, debt

Instability in Greece likely to continue

Feb 13, 2012
Who has more to lose in the ongoing crisis in Europe -- Greece, or its lenders, like Germany?
Posted In: Greece, Europe debt crisis

PODCAST: Cleaning up Greece, crying for Adele

Feb 13, 2012
President Obama will announce his proposed budget for 2013 today, and it is expected to include a lot of infrastructure spending. In Greece, big budget cuts were passed over the weekend -- but how do the new minimum wage requirements and public sector job cuts there compare to the U.S.? And we take a closer look at the world of natural gas through the eyes of an energy company CEO.

General Electric adding jobs for military veterans

Feb 13, 2012
General Electric plans to hire 5,000 veterans over the next five years. But vets are still challenged to find jobs in today's workforce.
Posted In: Unemployment, military

Bank settlement to bail out some underwater homeowners

Feb 10, 2012
Yesterday's $25 billion agreement between five big U.S. banks and state attorneys general could help some three million homeowners who owe more than their homes are currently worth.
Posted In: Housing, underwater mortgage, foreclosure, mortgage settlement

Who benefits from the national mortgage settlement?

Feb 10, 2012
The settlement between states and banks is worth $250 billion, but few homeowners benefit.
Posted In: Housing, foreclosures, mortgage, mortgage settlement

Why 8.3% unemployment may not be so great

Feb 10, 2012
Last week, we got news that the unemployment rate is down, but that number includes people who have dropped out of the labor force. Is this number as good as we thought?
Posted In: Unemployment, Jobs

President Obama to announce 2013 budget

Feb 10, 2012
President Obama unveils his budget for next year on Monday, at a community college just outside of Washington, D.C. But how serious is this executive branch wish list in a gridlocked Washington?
Posted In: President Obama, Washington D.C., politics, federal budget