Economy - Most Recent

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Carmakers, White House haggle over tailpipe emission standards

Jul 5, 2011
Newly proposed regulations could require American cars and trucks to reach 56.2 miles per gallon by 2025

Stalemate over debt ceiling worries investors

Jul 4, 2011
Some predict the longer the issue stays unresolved, the worse it'll be for the economic recovery.

Lawmakers will skip holiday break to resolve debt debates

Jul 1, 2011
As the clock ticks down to the August default deadline, the White House and Congress have agreed to continue debt discussions over the Fourth of July break.

Former Obama economic adviser warns on debt limit

Jul 1, 2011
In one of his first interviews since leaving the White House, former National Economic Council director Larry Summers says he believes "reason will prevail" in negotiations over the debt limit because a default would spark a second, scarier economic crisis, a "Lehman Brothers on steroids."

Pentagon budget under scrutiny

Jun 27, 2011
As President Obama restarts talks on national debt, some Republicans are now open to slashing military spending.

Economists hope for more 'adult-like behavior' during debt talks

Jun 27, 2011
David Kelly, chief investment strategist at JPMorgan Funds, discusses today's continuing debt debates, and what we can expect in the long term from a deal.

White House takes over debt ceiling talks

Jun 27, 2011
Efforts to reach a deal to cut government spending and raise the national debt limit will move into a new phase today as President Barack Obama will begin meeting with Senate leaders to try and hammer out a deal.

How the debt ceiling affects the average American

Jun 25, 2011
The congressional debate over whether to raise or not raise the federal debt ceiling may seem like a faraway battle. But Congress' decision will have a real impact on the pocketbooks of Americans.

President could make good on U.S. obligations

Jun 24, 2011
Some scholars say it is illegal for the U.S. to default on its obligations -- and the president could have the bills paid by executive order.

Can U.S. debt negotiators learn from Greece?

Jun 24, 2011
Debt discussions fell apart in Washington yesterday. But as international lenders get on board with Greece's deficit-cutting plans, should U.S. lawmakers be taking note?

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