Economy

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U.S. leads the world in GDP, but not in other measures

Nov 2, 2011
According to a measure called the Human Development Index, America ranks lower than other developed countries -- especially when it comes to the wealth gap.
Posted In: Economy

Seven years of lean

Nov 2, 2011
PIMCO's Bill Gross says it took us more than seven years to get into this mess, and it'll take just as long to get out of it.
Posted In: Economy

Julia Coronado: Uncertainty surrounds European debt deal

Oct 31, 2011
The first U.S. casualty of the European debt crisis might be emerging, as questions remain about many details of the grand plan.
Posted In: Economy

What's behind the new measure of poverty?

Oct 31, 2011
Economy 4.0's David Brancaccio discusses the Census Bureau's new nuanced measurement of poverty and how it gives us a better understanding of who's poor.
Posted In: Economy

Consumer spending up

Oct 28, 2011
Consumers spent more than they made in September, cutting into their savings. If government spending drastically shrinks, can we count on consumers for steady spending?
Posted In: Economy

Jill Schlesinger: More consumer spending, less saving

Oct 28, 2011
Jill Schlesinger of CBS/MoneyWatch explains why the current economic numbers in the U.S. aren't sustainable.
Posted In: Economy

Gross domestic product up

Oct 27, 2011
The economy expanded at an annual rate of 2.5 percent in the third quarter. That's the strongest growth in a year. Why is this happening and can it keep up?
Posted In: Economy

Greek immigrants facing uncertain times

Oct 27, 2011
Young Greeks say there aren't many work prospects at home. Some decide to emigrate to America, but they are in the grip of the biggest jobs turndown in decades.
Posted In: Economy

Top 1 percent more on top than ever

Oct 26, 2011
A government report says that over the past 30 years the top 1 percent in the U.S. doubled their share of national income. Who are the rich and how do they earn their living?
Posted In: Economy

U.S., Europe worry about effects of possible recession

Oct 25, 2011
As a solution to the European debt crisis remains pending, a House Financial Services Subcommittee will meet today to determine how dangerous Greek debts are.
Posted In: Economy

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