Economy - Most Recent


2012: Good days ahead for housing

Dec 29, 2011
Gerard Cassidy thinks today's NAR Pending Home Sales index numbers are a sign that 2012 is the year the housing market recovers.
Posted In: real estate, housing market

Obama nominates two for Federal Reserve board

Dec 28, 2011
The Obama administration hopes that the Senate will approve its two appointees -- one Democrat, one Republican -- to the Federal Reserve board.
Posted In: Federal Reserve, politics, Obama

PODCAST: Blocking the waterway, blocking the oil

Dec 28, 2011
San Francisco has raised to the minimum wage to over $10 an hour, and that will effect the cities famed restaurants. On the other side of the country, negotiations will start today in New York between building owners and the union representing the people that clean those buildings. As the 10 year birthday of the euro approaches, David Brancaccio looks back at how Marketplace's resident poet described the deal at the time.
Posted In: Oil

Italian bond sale, Iranian threat impacting markets

Dec 28, 2011
Iran has repeated its threat to block the Straight of Hormuz where about a-fifth of the world's oil passes through. In Italy today, investors seemed happy to buy up the country's debt.
Posted In: italy, bonds, Iran

2011 in review: The banking industry

Dec 28, 2011
From pesky hidden fees to the status of Dodd-Frank financial reform, from the impact of Europe's debt crisis to lending -- we look back at the year in banking.
Posted In: bank, banking, lending, dodd-frank

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