Dec 14, 2011 David Mark, senior editor at Politico, explains why he thinks lawmakers will hammer out a deal on payroll tax cuts and the budget soon.
Dec 14, 2011 The House and the Senate face a number of decisions before they can head off for the holidays. Is another government shutdown possible?
Dec 8, 2011 Major retailers like Costco and Walmart often act as indicators of the overall economy, because they can reveal trends for what -- and if -- people are buying.
Dec 7, 2011 Yesterday, the president spoke about the loss of the American dream. But just how much is the middle class really shrinking?
Dec 8, 2011 President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
Dec 6, 2011 The president speaks in Osawatomie, Kansas, where Roosevelt laid out his "square deal" for the middle class in 1910. Obama has a modern day version.
Dec 6, 2011 A tax hike could be in store for all Americans at the start of next year if Republicans and Democrats in Washington can't agree. The current payroll tax cuts put money into the pockets of consumers.
Dec 6, 2011 Senate Democrats want another vote this week on extending a payroll tax cut for workers. But Republicans say they can't support the Democratic proposal.
Dec 6, 2011 The latest threat for Europe comes from Standard & Poor's: a possible downgrade of 15 countries if the debt problems continue. Irish citizens are bracing for the fourth year of austerity. Author Robert Neuwirth says the informal economy could soon make up two-thirds of the world's workforce. Pollution in China could be a benefit for the U.S., and Microsoft sets out to revamp XBox Live.