What's all this talk about a recession? The government today said gross domestic product, which measures the economy's overall output, rose 3.3 percent in the quarter that ended in June. John Dimsdale asks if it will last.
Nearly 1 million people and businesses went into bankruptcy in the first half of this year, according to the U.S. Bankruptcy Court. Ashley Milne-Tyte reports.
If you go strictly by the numbers, the economy's 3.3% growth in the second quarter looks great. It beats the historical record by just a bit. But before you get excited, listen to John Dimsdale's report on why the momentum might not last.
The U.S. Chamber of Commerce today issued its top economic priorities, and the list includes more than housing, credit and energy costs. From Washington, Danielle Carson reports.
Diageo, the world's largest liquor maker, reports full-earning results this morning. Stephen Beard checks to see if alcohol sales are up in these economic hard times.
Commentator Robert Reich says Democrats have acknowledged the obstacles racial minorities face in hiring and education for a long time. Now, he says, they ought to look at the economically disadvantaged, too.
Sometimes you find economic truths in offbeat places. Marketplace's Jeremy Hobson visited an anxiety clinic in Washington, D.C., for a measurement of how consumers are coping.
Germans' confidence in their economy — Europe's largest — has plummeted with second-quarter performance actually shrinking. What could be the impact on Europe and the U.S.? Stephen Beard reports.
Today the Federal Deposit Insurance Corporation warned of more bank failures ahead, with bank earnings dropping 80% from a year ago. John Dimsdale reports.
Some experts are whispering that the economy may be bouncing back. Key indicators released today might bolster their opinions. But poke around the credit markets and not everybody likes what they see. Ashley Milne-Tyte reports.
