Consumer spending in August jumped to its highest point in six months. But a barometer that's predicted four of the last five recessions says we're firmly in the midst one. What's really going on? Bob Moon reports.
The Census Bureau releases its latest study on wage and poverty trends today. Helen Palmer reports that while the economy has grown, some research shows the poverty rate has risen.
You might have noticed it's been a whole lot easier getting a table at a chain restaurant this summer. Rachel Dornhelm reports the slump reveals more unappetizing news about the general economy.
Numbers out today show that existing home sales tanked in July to their lowest level in two years. It's one of many signs pointing to a general slowdown of the economy. Bob Moon reports.
Norway is the third largest exporter of oil after Saudi Arabia and Russia. The country, so far, has been socking most of its oil revenue into savings. But some argue it's time to live for today. Stephen Beard reports.
Undercover Economist Tim Harford has a story about the law of unintended consequences. It all began with a pile of rubble across the street from his house.