Economy - Most Recent


White House seeks to raise debt limit

Nov 13, 2009
There's a limit on how much money the federal government can borrow. So the White House is asking Congress to hike up the national debt limit. Nancy Marshall Genzer reports.

Bloomberg's wallet hurting his image?

Nov 2, 2009
New York Mayor Michael Bloomberg is widely expected to win a third term in Tuesday's election. So why will he have spent as much as $140 million on the race? Jeremy Hobson reports.

Defense contractors face lean times

Oct 20, 2009
Giant military contractor Lockheed Martin reported a healthy third-quarter profit. But it's still a tough environment for defense contractors. John Dimsdale reports.
Posted In: Washington

Is government letting dollar weaken?

Oct 16, 2009
Obama administration officials are talking about the importance of a strong greenback. But people in the currency markets say it's pretty obvious the White House is saying one thing while doing another. Bob Moon reports.
Posted In: Economy

Benefits big lure in military recruitment

Oct 14, 2009
For the first time since 1973, the Army, Navy, Air Force and Marines have met or exceeded recruitment targets. It's not just the weak job market that's a factor. The military benefits package is a big draw. John Dimsdale reports.
Posted In: Washington

Who should Tim Geithner be talking to?

Oct 8, 2009
Treasury Secretary Tim Geithner has logged in a lot of phone time with executives from big Wall Street banks. Who else could he be calling? Kai Ryssdal gets some insight from Anil Kashyap at the University of Chicago.

How the GI Bill changed the economy

Oct 6, 2009
The new GI Bill gives vets money for tuition, housing and books. But paying for GIs' educations is nothing new. Stephen Smith of American Radioworks explores how the first GI Bill's push to education helped shape the U.S. economy.

Chamber head in climate bill conflict

Sep 28, 2009
Environmentalists and others are concerned over whether the president of the U.S. Chamber of Commerce can be an unbiased party on a big climate change debate because of his affiliation with Union Pacific. Steve Henn reports.

Congress takes on financial reform

Sep 25, 2009
Congress still has work to do if it wants to prevent another financial meltdown. Steve Chiotakis talks to Former Labor Secretary Robert Reich about what bills are on the table, what's likely to pass and what should be on the radar.

House debates merging regulators

Sep 23, 2009
Today, the House begins two weeks of hearings on banking reform. Treasury Secretary Tim Geithner will defend a plan to merge two of the four federal regulators. But the move is drawing its fair share of debate. John Dimsdale reports.