The White House yesterday released a rosier forecast for economic growth than originally estimated, but some economists see the glass a little differently. Stacey Vanek-Smith reports.
The Fed's not the only one worried about inflation. Seven central banks raised short-term interest rates this week. Those jitters are shaking confidence in commodities too. Stephen Beard reports from London.
Americans are putting more money on their credit cards these days. A new report from the Federal Reserve says borrowing jumped almost six percent in April. Tess Vigeland looks at possible reasons why.
New Fed chief Ben Bernanke has been getting some heat lately for sending Wall Street on a wild ride. Down, mostly. Host Kai Ryssdal talks to James Grant of Grant's Interest Rate Observer to put it in perspective.
The statistics say everything is fine with the American economy. But ask most people on the street, and they'll tell you the economy is only so-so. Commentator and economist Glenn Hubbard thinks he has an answer.
The government's snapshot of the labor market released today wasn't pretty. Employers last month did a whole lot less hiring than expected. It was enough for some economists to use the term "inflection point." Scott Tong explains.
The US unemployment rate hasn't been this low in five years, but wages grew at a slower pace and the hiring rate declined too. Is the economy cooling? Hillary Wicai reports.
At least a lot of us do. Most retailers today reported higher-than-expected sales for May. But those numbers might not stand up to a closer look. Amy Scott reports.
