Economy
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2
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?
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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.
1
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?
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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.
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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?
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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.
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Transatlantic troubles mean Greeks left without family help
Oct 24, 2011
In Athens, Ga., Kai Ryssdal met Greek immigrant Lambrini Cain. She's lost her job and is underwater on her mortgage. But she can't ask her family back in Greece for help, because they aren't doing any better.
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How Greece's debt crisis would affect the U.S.
Oct 24, 2011
Europe may seem far away, but its debt crises could largely affect even the smaller towns in the U.S.
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Jill Schlesinger: Eurozone bank failure could be disaster for U.S.
Oct 21, 2011
Jill Schlesinger of CBS/Moneywatch says markets are less worried about the president's jobs bill, and more worried about the ongoing problems in Europe.
1
Steel prices fall dramatically
Oct 19, 2011
With growth expectations unmet, steel manufacturers cut production.
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