All Economy
- Private employers add 170,000 jobsThe situation for private employment in the U.S. improved in January as private employers added 170,000 jobs in the month bringing the total employment level 1.77 percent above the level seen in January 2011.
- Mitt Romney's 'poor' choice of words: Who's really struggling in America?Mitt Romney was in damage-control mode Wednesday after the multimillionaire candidate said he's 'not concerned about the very poor.' He said he's concerned about those who are 'struggling.'
- Obama plan to lower mortgage payments could help, but how much?President Obama unveiled his plan to cut mortgage payments for聽'responsible homeowners' in trouble. But the housing crisis is so massive that no one program can solve it, experts say.
- How home prices are faring in six 2012 swing states Home prices are recovering in some regions, fluctuating in others, and stuck in the basement in still others. How they are faring may yet be an important factor in the 2012 presidential election. Here's how home prices in metro areas in six swing states compare with those at the housing market's peak in 2006.
- What is a 'value-added tax' and what can it mean for the economy?A well-designed Value-Added Tax, a national consumption levy that聽would tax household purchases of all goods and services, could simplify the tax code for most households and finance significant reductions in corporate and individual income tax rates without adding to the budget deficit.
- Strong manufacturing data boosts stocksStocks climbed Wednesday after strong manufacturing data and encouraging reports about the Greek debt crisis. The Dow rose 83 points to close at 12716.
- American Airlines plans to cut 13,000 jobsAmerican Airlines, the nation's third-largest airline, would eliminate about 15 percent of its workforce. The move comes as part of American Airlines' bankruptcy protection plan.
- Creating more debt won't solve the economic crisisWorld banks are trying to solve the financial crisis the same way they caused it 鈥 by creating more debt.
- What is Germany's real unemployment rate?Germany's 5.5 percent unemployment rate is reported the same way as other countries, but many news outlets insist on a reporting higher number for Germany, and only Germany
- Tornado tourism: Should Joplin, Mo., mourn 鈥 or cash in?Tornado tourism debate is dividing Joplin, Mo., scene of a devastating twister in 2011. Tornado tourism could promote the city's recovery, visitors bureau says.聽
- Are you smarter than an NFL star? A lottery winner?High-profile jackpot winners fritter away winnings. An estimated 8 in 10 NFL players are bankrupt, jobless, or divorced two years into retirement. Could you manage a windfall better than they do? Here are six steps.
- The problem with the 'trickle down' theoryThe trickle-down, de-regulatory agenda presumes that the growth chain starts at the top of the wealth scale and 鈥渢rickles down鈥 to those at the middle and the bottom of that scale.聽 Problem is, that鈥檚 not how it works
- AMZN stock plummets. Earnings disappoint.AMZN (Amazon stock) opens 10 percent lower after its quarterly earnings report falls short of Wall Street expectations. AMZN net income in fourth quarter was down 57 percent from a year earlier.
- Public universities to hike tuition?With public funding drying up, will universities have to raise out of state tuitions?
- New economic outlook report is overly optimisticThe Congressional Budget Office鈥檚 economic outlook is out, and it doesn't seem all that bad聽 Except that the CBO baseline is a projection of current-law policies, which assume a lot of very optimistic things about Congress鈥檚 proclivity toward fiscally responsible behavior.
- Dow, S&P have best start in 15 yearsThe Dow Jones industrial average rose 3.4 percent in January and the Standard & Poor 500 gained 4.4 percent, the best performances for both indexes to open a year since 1997.
- Why has European growth been so weak for so long?Excessive government spending is the main culprit, but there are other factors at play in the region's economic stagnation
- Will the EU really turn to growth?It is considered progress that European Union leaders are discussing growth after two years of focusing almost exclusively on austerity, but actual growth strategies are still in short supply.
- Do federal workers get paid more than private ones?According to a new study, the answer is yes. But there are a few factors that level the field.
- Ferris Bueller lands in Top 5 Super Bowl car ads of 2012 (+ video) The Super Bowl is way more than a football game. It's a coming out party for the year's most creative and humorous ads. Here's one viewer's take on the Top 5 Super Bowl car ads for 2012. What's your favorite - Bueller, The Bark Side, or another?