Economy - Most Recent

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The clock is ticking for the super committee

Nov 18, 2011
A number of outcomes are possible when the super committee hits up against their deadline next week. Many are hoping that they will at least do the bare minimum to avoid another downgrade.
Posted In: super committee, debt

U.S. debt downgrade possible, but it won't be a surprise

Nov 18, 2011
We speak to David Kelly of JP Morgan Funds about what he thinks the possible outcome of the super committee stand-off could be.
Posted In: super committee, Congress, downgrade

Fitch warns of U.S. exposure to euro debt

Nov 17, 2011
The credit rating agency Fitch says U.S. banks could be hit hard by the turmoil in Europe. The warning came late yesterday and sent bank shares tumbling.
Posted In: Europe debt crisis, Fitch, exposure

Will the super committee reach a deal?

Nov 17, 2011
Diane Swonk, chief economist with Mesirow Financial, explains why the super committee might not reach a deal by its deadline.
Posted In: super committee, The Federal Reserve

Super committee deadline looms

Nov 17, 2011
The super committee in Washington must reach a deal by next week, but that is looking increasingly unlikely.
Posted In: super committee

PODCAST: Engineers study harder than business majors

Nov 17, 2011
In today's Mid-day Update, we look at the ongoing debt crisis and Europe and its potential effects on U.S. banks. Meanwhile, the deadline for the Congressional super committee is not far off. And poverty numbers among the elderly are rising.
Posted In: mid-day update

California faces more budget cuts

Nov 17, 2011
The state of California is receiving much less in revenue this year than it projected.
Posted In: state budget, Jerry Brown

So much for the golden years

Nov 17, 2011
Most Americans believe their retirement won’t come early or be particularly comfortable.
Posted In: Retirement, Work, retirement savings

Jitters about Spain and Washington take the stage

Nov 17, 2011
A big afternoon drop in the markets on concerns that the congressional super committee is deadlocked and the yield on Spanish bonds neared a disturbingly high 7 percent.

Where does Occupy go from here?

Nov 17, 2011
Now that the Occupy Wall Street protests have been uprooted, protesters are taking to the streets. But what are the next steps the movement should take?
Posted In: Occupy Wall Street, Occupy L.A.

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