Economy - Most Recent

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Banks take advantage of ECB lending

Dec 21, 2011
The European Central Bank initiated a plan to stop a credit crunch in Europe, and demand for cheap money has exceeded expectations.
Posted In: Europe debt crisis, credit crunch, banking

Republican Congressman Bob Gibbs on the payroll tax cut

Dec 21, 2011
We hear from one member of the U.S. House as to why he did not vote for the two month payroll tax cut extension.
Posted In: payroll tax, politics

PODCAST: A mobile Super Bowl, ECB plan exceeds expectations

Dec 21, 2011
As Spain gears up for new leadership, the European Union wants airlines to reduce emissions or pay for permits allowing them to pollute. During the holidays, consumers generate as much as 25 percent more waste from packaging, unused holiday cards and wrapping paper, and other seasonal items. In some Atlanta neighborhoods, houses are selling for under 10,000 -- less than the price of many used cars.
Posted In: European Central Bank, NFL, Super Bowl

European banks' overwhelming response to ECB plan

Dec 21, 2011
The news that more banks than expected are putting a hand out for help from the European Central Bank had markets on a roller coaster today.
Posted In: Europe debt crisis, European Central Bank

Mid-day Extra: Are payroll tax cuts bad for business?

Dec 21, 2011
We hear more from Republican Congressman Bob Gibbs on why he decided to not vote for the two month payroll tax extension that was passed in the Senate.
Posted In: payroll tax, Bob Gibbs, politics

Attitude Check: Consumers spending more for Christmas

Dec 21, 2011
The latest data from Gallup show that people are feeling better about the economy this holiday season, but worse about the U.S. government.
Posted In: consumer confidence

What the end of jobless benefits means to one unemployed worker

Dec 21, 2011
Stephanie Elsenpeter has been unemployed for over a year. Her jobless benefits will run out in January. So what's she going to do?
Posted In: unemployment benefits

The feel good factor

Dec 20, 2011
A surprisingly successful Spanish bond sale and news of an increase in new home construction spurred markets to rally today.
Posted In: spain, markets, bonds

PODCAST: AT&T hangs up on T-Mobile

Dec 20, 2011
AT&T backs out of its plan to takeover its rival T-Mobile. In Foxboro, Mass. controversy is brewing over a plan to build a casino. The movie box office is suffering this year, and Chinese airports are getting an upgrade.
Posted In: AT&T, payroll tax

Housing construction up in November

Dec 20, 2011
Builders are as busy as they've been in a year-and-a-half. Some of those homes aren't the typical house though -- they're being built for multi-generational families.
Posted In: Housing

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