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Economic news - CNNMoney.com

From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

Published: Thu, 09 Feb 2012 16:57:41 EST

First new nuclear reactors OK'd in over 30 years

Thu, 09 Feb 2012 16:49:56 EST

The U.S. Nuclear Regulatory Commission approved licenses to build two new nuclear reactors Thursday, the first authorized in over 30 years.(image)

Mortgage deal: What the critics say

Thu, 09 Feb 2012 16:57:05 EST

The $26 billion mortgage settlement had a lot of support -- as evidenced by the 49 out of 50 state attorneys general that signed the deal.(image)

Postal Service pleads for help as losses continue

Thu, 09 Feb 2012 13:26:55 EST

The U.S. Postal Service renewed its pleas for congressional support Thursday as the floundering agency reported another massive quarterly loss.(image)

Mortgage deal could bring billions in relief

Thu, 09 Feb 2012 15:50:56 EST

In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.(image)

Big states set to make mortgage deal real

Thu, 09 Feb 2012 08:44:25 EST

New York and California will join just about all the other states in a settlement with the nation's largest banks aimed at helping homeowners struggling with loans bigger than the value of their homes, according to a person familiar with the talks.(image)

Fewer young adults hold jobs than ever before

Thu, 09 Feb 2012 05:32:57 EST

The share of young adults with jobs has hit its lowest level since the government started keeping records just after World War II.(image)

Behind Romney's Bain retirement deal

Thu, 09 Feb 2012 05:39:50 EST

Working in private equity can be lucrative. But leaving private equity can really pay, as everyone has learned recently from Mitt Romney.(image)

Chinese inflation rate picks up

Thu, 09 Feb 2012 08:21:24 EST

China's inflation rate rose in January, which may dash hopes that the country's central bank will soon take more action to support economic growth there.(image)

New nuclear reactors set to be OK'd for Georgia

Thu, 09 Feb 2012 11:21:00 EST

The U.S. Nuclear Regulatory Commission is expected to approve licenses to build to two new nuclear reactors Thursday, the first approvals in over 30 years.(image)

Homes in foreclosure decline by 130,000

Wed, 08 Feb 2012 12:34:18 EST

Slowly, but surely, the foreclosure crisis seems to be abating.(image)

China: Fast food nation. Too fast economy?

Tue, 07 Feb 2012 12:48:19 EST

Is China's economy heading for a hard or soft landing? Well, it looks like Chinese consumers can't get enough of Diet Coke and the Colonel's famous secret recipe. That may be good news.(image)

Bernanke tries to keep Fed out of politics

Tue, 07 Feb 2012 13:27:00 EST

By now, Federal Reserve Chairman Ben Bernanke must be used to being a punching bag.(image)

Home Prices

Tue, 31 Jan 2012 13:25:28 EST

Feb. 28(image)

GDP

Mon, 30 Jan 2012 08:01:01 EST

Feb. 29(image)

Inflation (CPI)

Thu, 19 Jan 2012 09:52:04 EST

Feb. 17(image)