Economy - Most Recent

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U.S. factories kick into a higher gear

Mar 15, 2013
U.S. industrial production rose 0.7 percent last month. The growth, the greatest in three months, was led by strong manufacturing output.
Posted In: manufacturing, production
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Facade Lift: Midtown Manhattan may get extreme makeover

Mar 15, 2013
New York's mayor wants to give a facelift to the area of Midtown Manhattan that surrounds the venerable Grand Central Station. The city says it is needed to remain a globally competitive business district.
Posted In: New York, New York City, urban planning
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U.S. seeks to increase oversight of student loan servicers

Mar 15, 2013
The Consumer Financial Protection Bureau wants to institute rules for certain non-bank loan servicers. What’s the likely result of the rules for borrowers and the industry?
Posted In: CFPB, student loans, higher education
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Detroit's emergency manager brings hope, fear

Mar 14, 2013
Bankruptcy lawyer Kevyn Orr was installed today as Detroit's emergency financial manager. It's a move that's not without controversy, and maybe a little hope, as well.
Posted In: Detroit, Kevyn Orr, Rick Snyder
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PODCAST: Shark fight, inflation lite

Mar 14, 2013
Samsung looks to challenge Apple's cool-factor. Prices are up, should we be worried about inflation? And, new restrictions on shark fishing.
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Though February prices rise, inflation worries don't

Mar 14, 2013
The producer price index -- prices received by U.S. companies -- rose 0.7 percent last month, its largest uptick in five months. Diane Swonk, chief economist with Mesirow Financial, explains what's behind the rise and whether the U.S. should be worried about inflation.
Posted In: inflation, gas prices
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Politics protect baby boomers in budget fight

Mar 14, 2013
Differences aside, there is one thing Republicans and Democrats have in common when it comes to their budget proposals: They are both are friendly to baby boomers.
Posted In: baby boomers, federal budget, Republicans, Democrats
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Housing recovery: Good for would-be homeowners?

Mar 13, 2013
Commentator Robert Reich says the housing recovery is mostly benefiting investors, not home buyers.
Posted In: home ownership, Housing
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How online credits could change higher ed's business model

Mar 13, 2013
Legislation introduced in the California Senate today could require the state’s public colleges and universities to award credit for faculty-approved online courses taken by students unable to register for oversubscribed classes on campus. This could be a boon for businesses offering the classes and ultimately change the business model of higher education.
Posted In: online education, moocs, college, Education
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PODCAST: Retail sales grow, cybersecurity limbo

Mar 13, 2013
Retail sales sprout a surprise bump. Zara-owner Inditex turns fast-fashion into big profits. And President Obama enlists corporate CEO's to help protect against hacking.

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