Tue, 13 Nov 2012 19:53:35 GMTIf Congress and the White House would just fix the tax code - by getting rid of decades of deductions, exemptions and other giveaways – they could balance the budget. It sounds like a great idea - until the loophole that's closed is the one that puts money in your pocket.
Sun, 23 Sep 2012 16:51:32 GMTWhen billionaires are asked why they give, they usually talk about their desire to apply their business skills to social change, and the responsibilities of wealth.
Thu, 6 Sep 2012 19:35:43 GMT
(image) Former President Bill Clinton was accurate in his assertion that the economy has created more jobs under Democrats than under Republicans. But the reasons are debatable.
Sat, 4 Aug 2012 14:36:52 GMTThis week's employment report, although a bit better than expected, was a painful reminder of years of slow job growth that threaten the long-term health of the economy.
Sat, 30 Jun 2012 00:29:21 GMTA "breakthrough" agreement by European leaders desperate to show the world they haven’t run out of ideas to save the eurozone is short on details and does little more than buy time.
Thu, 21 Jun 2012 12:46:58 GMTNew claims for unemployment benefits declined slightly in the latest week, but remain at levels that raise concerns employers are gradually reducing staff in the face of economic uncertainty.
Tue, 19 Jun 2012 11:59:43 GMT
(image) With the dark cloud of Europe’s financial crisis looming, the Fed opens a two-day meeting with speculation swirling that it could announce more stimulus to boost the U.S. economy.
Tue, 19 Jun 2012 15:28:09 GMT
(image) Job openings declined in April to a five-month low, according to government data released Tuesday, as employers wrestled with a raft of worries.
Fri, 15 Jun 2012 13:01:51 GMT
(image) The recession sweeping the eurozone has not hit Germany, which may help explain why opinion polls show Germans oppose bailouts of Greece and Spain by roughly two to one.
Thu, 14 Jun 2012 12:47:03 GMTNew claims for unemployment aid rose unexpectedly in the latest week, signaling that the labor market remained on the defensive and the recovery was stumbling along.
Wed, 6 Jun 2012 19:34:23 GMT
(image) Federal Reserve Chairman Ben Bernanke is likely to express deep concern about the deteriorating global economy Thursday, but it’s not clear he can do much about it.
Fri, 1 Jun 2012 16:10:16 GMT
(image) The gears of the global economy are all slowing in unison. The latest evidence came with Friday’s startling employment report from the U.S. Labor Department.
Fri, 1 Jun 2012 12:42:12 GMTThe U.S. economy created a scant 69,000 jobs in May, much lower than expected and all but confirming that the U.S. economy was heading into its third consecutive spring slowdown.
Thu, 31 May 2012 16:13:10 GMT
(image) European-style "austerity" is hitting home in the U.S. Thanks to deep cuts in government spending, the economy slowed faster in the first quarter than originally reported.
Mon, 21 May 2012 16:05:06 GMTThe National Association for Business Economics said the country's "subpar" recovery will continue over the next year and a half.
Mon, 14 May 2012 13:20:08 GMT
(image) The improving employment situation in South Carolina should be good news for Jennifer Moss, offering hope she can find finally land a job after a year and a half without work. But in a way, it’s been another blow.
Mon, 7 May 2012 17:37:24 GMTIt took European leaders two years to cobble together a shaky plan to save their common currency, the euro, a grand economic experiment undertaken in more prosperous times.
Fri, 4 May 2012 17:55:56 GMT
(image) Spring usually means a thaw, but that's not the case for the U.S. job market. The burst of hiring that came last winter, apparently was a reprieve in the slowest recovery in six decades.
Thu, 3 May 2012 16:59:56 GMT
(image) Has your boss been asking you to do more and more work because she just doesn't want to hire enough people? Help may be on the way. The government reported Thursday that the productivity of U.S. workers fell for the first time in a year in the first quarter.
Thu, 3 May 2012 11:37:56 GMT
(image) Only about 25 percent of 16- to 19-year-olds are currently working, a drop of 10 percentage points from just five years ago, according to the Bureau of Labor Statistics.
Wed, 2 May 2012 11:44:26 GMT
(image) Friday's employment report comes at a pivotal moment. A strong showing could help ease concerns that the economy is stumbling in the third year of a modest recovery.
Fri, 27 Apr 2012 17:26:00 GMT
(image) As government and businesses cut back on spending in the first three months of the year, the American consumer came through.
Fri, 27 Apr 2012 13:03:31 GMT
(image) The U.S. economy grew at a slower pace in the first quarter of 2012, increasing concerns about the health of the recovery. The blow was softened by a rise in consumer spending.
Thu, 26 Apr 2012 18:53:23 GMT
(image) Fed Chairman Ben Bernanke calls it the “fiscal cliff.” It might be better thought of as the next economic Armageddon.
Wed, 25 Apr 2012 19:25:58 GMTEven as the economy shows signs of slowing and the unemployment rate remains stuck at painfully high levels, Federal Reserve chairman Ben Bernanke spent much of a press conference Wednesday explaining why central bankers have decided -- for now -- to do nothing.
Tue, 24 Apr 2012 12:02:04 GMT
(image) They’ve tried dumping $2 trillion in cash into the financial system, slashed overnight interest rates to zero and made an unprecedented promise to keep rates low for at least another two years.
Tue, 24 Apr 2012 20:19:30 GMT
(image) Hopes may be fading for a long-awaited spring rebound in the U.S. housing market. Two widely watched benchmarks Tuesday signaled that the pace of sales softened and prices fell last month.
Thu, 5 Apr 2012 14:15:36 GMT
(image) Something in the employment data coming out Friday won't add up. And economists have been scratching their collective heads about it.
Wed, 21 Mar 2012 11:56:58 GMT
(image) According to a Brookings report, U.S. exports, which represent 10.7 percent of gross domestic product, grew 11 percent in 2010, the fastest growth since 1997. The bulk came from manufacturing.
Sun, 11 Mar 2012 15:49:14 GMT
(image) The improvement in the job market is good news for all Americans, but especially for older workers. The number of people over age 55 who have a job has increased by 1.69 million over the past year.
Fri, 9 Mar 2012 18:28:35 GMTFriday’s jobs data helped confirm that the worst of the recession-related layoffs have eased. Until employers begin shifting back to a solid pace of new hiring, though, most Americans will still have a hard time finding a new job. The Labor Department said Friday that U.S.
Thu, 8 Mar 2012 18:01:49 GMT
(image) The U.S. job market seems to be moving in the right direction, although at a crawl. When you take a closer look, some of the data showing improving conditions may be too good to be true.
Wed, 29 Feb 2012 20:24:38 GMTProponents of the Keystone oil pipeline argue the project will create hundreds of thousands of jobs and give the American economy a shot in the arm. Too bad the claims don't hold up.
Tue, 21 Feb 2012 23:06:32 GMT
(image) When the leaders of this small Iowa city became desperate to land a new department store, they didn't have to look far: They lured one from the city next door, along with up to 100 jobs.
Thu, 16 Feb 2012 17:52:42 GMTGeneral Motors Thursday became the latest American employer to report that the deepening economic slowdown in Europe has begun to take a toll on corporate profits.
Tue, 14 Feb 2012 18:38:55 GMT
(image) As the rebound in the U.S. economy helps boost income and spending among working-aged households, older Americans relying on retirement income are having a hard time paying the bills.
Mon, 13 Feb 2012 19:55:49 GMT
(image) President Barack Obama is feeling upbeat about the economic recovery, maybe too upbeat.His budget's numbers are higher than forecasts from the CBO and 50 private business economists.
Mon, 13 Feb 2012 15:03:50 GMTMsnbc.com asked outplacement firm Challenger, Gray & Christmas to compile a list of employers that have announced the most job cuts over the past five years.
Wed, 8 Feb 2012 15:53:17 GMTEven though some employees are frustrated with their jobs because the tough economy has led to furloughs, wage freezes, and benefit cuts, many aren’t upset enough to say, “I quit!”
Fri, 3 Feb 2012 17:57:26 GMT
(image) The U.S. economy is like a flywheel: it takes a lot to get it going. Once it starts moving, it can pick up speed pretty quickly.
Mon, 30 Jan 2012 17:03:58 GMT
(image) American consumers caught a break in their paychecks in December – and the money went right into their saving accounts. That could help ease the recent squeeze on household finances.
Fri, 27 Jan 2012 23:58:45 GMT
(image) The economy perked up late last year as factories ramped up production. Unfortunately, a lot of what those factories made is still in warehouses and on store shelves.
Wed, 25 Jan 2012 18:59:27 GMTCentral bank Chairman Ben Bernanke is betting that the Fed's increased transparency on rates will help spur more borrowing among businesses and consumers.
Wed, 25 Jan 2012 21:09:13 GMT
(image) They're not exactly PowerPoints, but the Federal Reserve Wednesday adopted a new "fuller disclosure" policy that comes with visual aids.
Tue, 24 Jan 2012 12:25:22 GMT
(image) If you’ve ever fancied yourself as a “Fed watcher” — one of those analysts who read the tea leaves of the central bank’s next move — the job is about to get a whole lot easier.
Mon, 23 Jan 2012 12:58:24 GMT
(image) These nine regions are projected to recover less than 5 percent of the jobs lost during the recession this year. They were hurt by the housing crash and loss of private and public jobs.
Thu, 19 Jan 2012 20:00:13 GMT
(image) With state and local government finances on the mend, layoffs of government workers has slowed. That's good news for them and for the economy as a whole.
Thu, 19 Jan 2012 19:46:17 GMT
(image) Tom Brokaw reports tonight from the Palmetto State for ‘Nightly News’ series ‘Main Street, USA.’
Thu, 19 Jan 2012 12:35:14 GMT
(image) The sudden loss of a job has become, if not commonplace over the last years, at least not very surprising. Yet many Americans remain unprepared for not having an income.
Wed, 18 Jan 2012 20:38:44 GMT
(image) A healthy pickup in production of manufactured goods last month added to the gathering momentum for the U.S economy. So far, that growth has done little to help the job prospects for millions of unemployed factory workers.
Fri, 13 Jan 2012 16:58:35 GMTAs the job market improves, it lures more people who gave up looking for work to start sending out their resumes. And that could drive the unemployment rate higher.
Fri, 13 Jan 2012 21:09:57 GMTFriday the 13th was not a good day for Europe. In the midst of the European trading day, news began circulating that credit agency Standard and Poor's would downgrade many eurozone countries, including France, Italy and Spain.
Tue, 10 Jan 2012 23:44:09 GMTThe government offered fresh data Tuesday showing that the job market is gradually improving.
Mon, 9 Jan 2012 18:49:53 GMTOut of work and without a high school diploma? If you’re collecting unemployment insurance, you may soon be out of luck.
Sun, 8 Jan 2012 17:08:50 GMT
(image) It is clear that the United States is essentially made up of many economies, each with distinctly different short- and long-term prospects. With that in mind, here are our five regions to watch in 2012
Fri, 6 Jan 2012 17:40:16 GMTPresident Barack Obama's claim that his economic policies are helping put Americans back to work got a shot in the arm Friday when government data showed the nation's jobless rate dropped to the lowest level in three years.
Fri, 6 Jan 2012 22:00:43 GMTFriday’s strengthening employment data good news for anyone looking for a job. And there are still plenty of people left in that category.
Thu, 5 Jan 2012 20:36:00 GMTA steady trickle of reports points to an improving labor market. But the economy needs to add far more jobs to lower the nation's 8.6 percent jobless rate.
Thu, 5 Jan 2012 12:27:29 GMT
(image) The Christmans are among the many Americans who have sought out careers that often require a lot of education but don’t guarantee huge pay in return.
Tue, 20 Dec 2011 18:33:48 GMT
(image) Five years into the worst housing depression since the 1930s, the latest monthly data indicate that the homebuilding industry is slowly coming back to life. But foreclosures cloud the outlook.
Thu, 15 Dec 2011 15:25:17 GMT
(image) To conclude the series on living on $50,000 a year, we asked the people we interviewed to tell us, on video and in their own words, a bit about what it’s like. Here’s what they had to say.
Thu, 15 Dec 2011 15:37:35 GMTMore than four in 10 companies don't offer year-end bonuses or perks. That's a substantial increase from four years ago.
Thu, 15 Dec 2011 16:57:44 GMT
(image) Showing appreciation for hard work is the reason many of us give when it comes to holiday gratuities. But during tough economic times, the practice has come under increasing scrutiny.