Economy - Most Recent


Banks to California: No more IOUs

Jul 9, 2009
California has issued about $3 billion worth of IOUs this month. But starting tomorrow, many financial institutions, like JP Morgan Chase and Bank of America, say they're going to stop accepting them. Dan Grech reports.

Day in the Work Life: Uncle Sam

Jul 3, 2009
We hear from a man who takes his red, white and blue very seriously.
Posted In: Jobs

Congress, Fed work out marital issues

Jun 26, 2009
Federal Reserve Chairman Ben Bernanke's meeting on Capitol Hill sounded more like a marital spat than a hearing. But for the Congress-Fed relationship to work, communication is key. Steve Henn reports.

Climate change bill empowers farmers

Jun 26, 2009
A new climate change bill up would pay farmers for practices that keep carbon dioxide in the soil. But some green groups fear putting the Agricultural Department in charge of the program could weaken oversight. Sarah Gardner reports.

Activists see benefits in citizenship

Jun 25, 2009
President Obama will talk immigration today as activists call for citizenship for undocumented workers. Supporters say legalizing the 12 million or so workers could mean billions in economic benefits. Jeff Tyler reports.
Posted In: Immigration

Former Fed on future Fed

Jun 24, 2009
Bill Radke talks to John Mason, former senior economist at the Federal Reserve, and gets his reaction to the Fed's meeting and market's response.
Posted In: Wall Street

Obama gives check-up on health care

Jun 23, 2009
At a press conference, President Obama talked about how much his health care overhaul might cost and the effect a public insurance option might have on private companies.
Posted In: Health

Conflict brewing over big highway bill

Jun 18, 2009
Democratic Congressman Jim Oberstar and the Obama administration disagree on a proposed transportation overhaul. The congressman wants to compensate for lost highway funds by hiking the gas tax. Steve Henn reports.
Posted In: Travel

Lakers parade won't be on L.A.'s tab

Jun 17, 2009
Angelenos were thrilled the Lakers took home the NBA title, but weren't so ecstatic to hear the city wanted to foot the bill. So the city found a group of private investors to pay for it. Rico Gagliano reports.
Posted In: Sports

Migrants ride out recession stateside

Jun 15, 2009
With the U.S. in a deep recession, Mexico has been preparing for an influx of returning migrants. But there hasn't been one. Dan Grech reports many Mexican migrants still prefer to ride out the economic storm in the states.
Posted In: Immigration, Mexico