Economy

FTN Financial economist Chris Low says that the positive jobs report out today is contributing to a slightly better economic outlook in the U.S., but markets won't recover until the problems in Europe are solved.

When companies talk of cash reserves, they're usually not referring to stacks of c-notes.

Kai Ryssdal rides a bus 26 miles through Los Angeles to see how the economy and our high unemployment rate is affecting everyday Americans.

Julia Coronado, chief economist at BNP Paribas, shows how far we have come since 2008, and why more debit card fees are probably on the horizon.

Chris Low, chief economist at FTN Financial, is worried about the long term — for income, for consumers, and for banks.

Former Michigan governor Jennifer Granholm talks about the state's tough struggles during the recession, and about the future ahead for America.

Fed Chairman Ben Bernanke spoke last night about the need for the U.S. to learn about financial responsibility from emerging economies. He also said such nations need to start thinking more globally.

Housing market numbers continue to be low, and many economists are starting to believe that it will be manufacturing and exports, not the housing market, that will lead us to recovery — however slowly.

Markets in the U.S. are used to the political ups and downs of the last few months. We speak to Heidi Moore about why we have much more to fear from a European crisis than political stalemate at home.

As the economic instability in Europe worsens, the U.S. is in no shape to set an example of effective government financial reform. That's putting global markets on edge.