Economy - Most Recent


All eyes on China and Europe in 2012

Dec 30, 2011
In the New Year, financial experts will keep a close watch on both the eurozone and China, and their impact on the global economy.
Posted In: China's Economy, Eurozone, China, 2012

2011 ends with a whimper

Dec 30, 2011
A graph of the stock market in 2011 looks like a contour map of Death Valley glued to the Himalayas. Despite huge swings, the S&P 500 index ended the year remarkably close to where it began.
Posted In: Dollar exchange rate, austerity, S&P 500 index

Attitude Check: Obama and the American economy

Dec 29, 2011
Heading into the election year, we speak to Frank Newport at Gallup about how Obama's economic policies are faring in the American public, and why the economy will be the biggest issue in 2012.
Posted In: politics, 2012 election, Gallup, Obama

Gold prices have worst month in years

Dec 29, 2011
After record highs earlier this year, gold prices are sharply dropping in the U.S. as people lose faith in its value.
Posted In: gold

European bond, debt issues wear on

Dec 29, 2011
In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.
Posted In: italy, Europe debt crisis, euro

Weekly jobless numbers conflict with employment trend

Dec 29, 2011
The Labor Department says jobless claims were up by 15,000 last week, to 381,000. But as Richard DeKaser explains, the bigger picture still shows things looking up in the job market.
Posted In: Unemployment, weekly jobless

PODCAST: Gold prices drop, Kraft's 'liquid gold'

Dec 29, 2011
As the Iowa caucuses approach, we look a little deeper at the economic policies of Republican candidate Mitt Romney. New York is threatening to strip some funding from struggling schools that don't install new systems for evaluating teachers. A hacker collective known as Anonymous stole credit card and other info from security firm Stratfor. And in today's Attitude Check, we look at how approval of Obama's economic policies stacks up to presidents of years past.
Posted In: gold, weekly jobless, Kraft, Samoa

Jobless picture slowly improving in U.S.

Dec 29, 2011
The number of people applying for unemployment rose slightly last week, but the monthly average fell to its lowest level since 2008.
Posted In: weekly jobless, Unemployment

America's opinion on Washington before the Iowa caucuses

Dec 29, 2011
How do Americans feel about all the GOP candidates before next Tuesday? Also, Gallup's most admired people of 2011, and gauging support for the Democrats and the Republicans after the payroll tax cuts showdown.
Posted In: politics, 2012 election, Iowa, business

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