| Jan 21, 2015
| 5:17 PM
In the summer of 2012, with the euro in crisis and the European experiment of unified government seemingly on the brink, the head of the European Central Bank made a now-famous vow.
"The ECB will do whatever it takes to preserve the euro," Mario...
| Jan 21, 2015
| 10:30 AM
Since the Great Recession, the Federal Reserve has worked hard to boost the economy. Part of the Fed's mission was to keep core inflation (the price of goods and services excluding food and energy) at a pace of two percent annually.
Although there have...
| Jan 29, 2015
| 3:48 PM
Filling up at the gas station has been a much more pleasant experience for Americans since last fall. Regular gas is now less than $2 a gallon in many states, down from around $3.30 just a year ago.
But how long will that last? It’s just one of...
| Feb 8, 2015
| 8:19 AM
As the U.S. economy has steadily recovered from the Great Recession, the critical missing piece has been a painful lack of pay raises for many Americans.
Their pain may be easing.
Friday's jobs report signaled that raises have finally begun to flow...
| Jan 20, 2015
| 4:09 PM
FOXBOROUGH, Mass. — The New England Patriots are brushing off and even finding humor in questions about whether they used under-inflated footballs in the game that put them in the Super Bowl.
The NFL hasn't indicated how long its investigation...
| Jan 19, 2015
| 2:45 PM
Europe's struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive.
Fundamental gaps left at the euro's creation in 1999 are haunting its...
| Feb 5, 2015
| 7:04 AM
The European Union has grown a little bit more positive about the 19-country eurozone following the recent sharp declines in the price of oil and the euro.
In its winter forecast published Thursday, the EU's executive Commission is predicting that the...
| Feb 5, 2015
| 7:39 AM
U.S. worker productivity went into reverse in the final three months of the year, while labor costs increased.
Productivity, the amount of output per hour of work, fell at 1.8 percent rate in the fourth quarter after rising at a 3.7 percent rate in the...
| Feb 4, 2015
| 5:47 PM
Gov. Larry Hogan used his first State of the State address to follow through on a campaign promise, vowing Wednesday to push for tax relief for small businesses, motorists and some retirees, and to seek repeal of a controversial stormwater fee.
| Jan 7, 2015
| 3:25 PM
President Harry Truman was once heard expressing an odd wish to meet a one-armed economist. Why? Because he tired of economists who provided explanations that included the terms "on one hand" and "on the other hand." He wanted simple, unequivocal answers,...
| Dec 12, 2014
| 1:20 PM
U.S. stocks sank, with the Standard & Poor’s 500 Index capping its biggest weekly drop in two-and-a-half years, as oil continued to slide and Chinese industrial data raised concern over a global economic slowdown.
The Dow Jones Industrial...