Low-income households shying away from mortgages

Nov 5, 2015
NY Fed briefing reveals that low-income residents have a large segment of “discouraged borrowers.”
Posted In: mortgage, poverty, Economy, affordable housing

Does the American dream still exist?

Oct 30, 2015
People shared with us stories about their financial anxieties.
Posted In: Anxiety Index, Economy, student debt, American dream
 Sheets of one dollar bills run through the printing press at the Bureau of Engraving and Printing in Washington, D.C.

A look at economic anxiety around the country

Oct 27, 2015
Some feel stuck in their current financial situation.
Posted In: anxiety, Economy
President Barack Obama speaks to US Trade Representative Ron Kirk  during a meeting with Trans Pacific Partnership (TPP) leaders at the Asia-Pacific Economic Cooperation (APEC) summit in Honolulu, Hawaii back in 2011.

Make DeLauro's TPP vote a 'Nay'

Oct 8, 2015
The Democrat from Connecticut says the trade deal will send U.S. jobs overseas.
Posted In: Trans-Pacific Partnership, TPP, Economy
The organizations that lend student money aren't the real lenders.

Why relaxing terms on student loans could backfire

Sep 24, 2015
Letting borrowers off the hook could be bad for the whole market.
Posted In: student loans, debt, Economy, forgiveness, lending, sallies mae, whiteboard

Why restaurant wages are outpacing everybody else's

Sep 9, 2015
Chipotle is aiming to hire 4,000 people in one day.
Posted In: restaurants, Economy, Chipotle
The Apple logo hangs on the Apple Store on Fifth Avenue on August 5, 2015 in New York City.

Apple, iPhone and the Chinese economy

Aug 26, 2015
Call it 'Sinodependency.'
Posted In: apple, China, stock market, Economy
Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange on Monday in Chicago, Illinois. Uncertainty among traders after big losses in the Asian markets caused a sharp drop in the S&P at the open.

Stop worrying about China

Aug 24, 2015
The U.S. is not dependent on the Chinese economy.
Posted In: China, Economy, stock markets, U.S.
Pump jacks and wells are seen in an oil field on the Monterey Shale formation in California.

The long party for commodity producers is so over

Aug 24, 2015
Commodities run in long cycles, with booms sustained by a historical event.
Posted In: China, commodities, stock markets, Economy, corporations