The Annie E. Casey Foundation survey reports that the child poverty rate in the U.S. rose by 18 percent between 2000 and 2009 — and 7.8 million children have at least one parent who's unemployed
Richard Dekaser, economist with the Parthenon Group, says modest inflation is starting to catch 'our attention, but not ringing any alarm bells,' meaning as long as the labor market continues anemic hiring, we run the risk of deflation.
Four of the five biggest U.S. tobacco companies are suing to avoid a new law requiring graphic labels on cigarette packs starting next year. The companies say those labels violate free speech because they require them to carry a government-sponsored appeal to not use their legal product.
Big retailers are reporting some surprisingly good numbers for the last quarter, but do a few good earnings reports mean a stronger recovery is on the way?
China holds $1 trillion in U.S. debt, and the Chinese government is looking for reassurances from Vice President Biden that the Obama administration has a plan to deal with economic uncertainty to keep that investment safe
LA Times Consumer Columnist David Lazarus breaks down how Americans have reacted to the market fluctuations and whether the downturn in 2008 changed the way we view volatility.
