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Economy

A collection of news and information related to Economy published by this site and its partners.

Top Economy Articles see all

Displaying items 1-5
  • Almost half of US households exhaust their salaries

    Almost half of US households exhaust their salaries
    The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.
  • Applications for unemployment aid plummet to nearly 15-year low as companies cut fewer jobs

    The number of people seeking unemployment aid plunged last week to the lowest level in almost 15 years, a sign hiring will likely remain healthy. Weekly applications dropped 43,000 to a seasonally adjusted 265,000, the Labor Department said Thursday....

    Obama budget to propose surpassing spending limits by $74 billion

    Obama budget to propose surpassing spending limits by $74 billion
    President Obama will propose spending about $74 billion more next year than is allowed under federal spending caps, a revival of his push to end across-the-board spending cuts imposed under a bipartisan compromise. Due out next week, Obama’s...

    Fed stresses it will be 'patient' in raising rates but notes steadily improving economy

    The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from record lows. That was the dual message the central bank sent Wednesday in a statement it issued after its latest...

    A higher gasoline tax would throttle back economic growth

    A higher gasoline tax would throttle back economic growth
    Falling gasoline prices — are they good or bad? Ask any American consumer and the answer will be a resounding “good.” Gas prices have dropped by more than a dollar in the last three months. This translates into a de facto tax cut of at...