| 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...
| 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,...
| Jan 8, 2015
| 9:27 AM
The global inflation rate slowed to 1.5% in November from 1.7% a year earlier, propelled largely by the steep drop in energy prices, the Organisation for Economic Cooperation and Development said.
The OECD data, released Thursday, added to concerns...
| 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...
| Dec 17, 2014
| 6:59 AM
Plunging gasoline costs led to the largest drop in consumer prices in six years last month and added another complication for Federal Reserve policymakers as they try to determine when to start raising interest rates.
The Consumer Price Index declined...
| Jan 2, 2015
The start of a new year is a good time to take stock. For those of us in the news business, this suggests stepping back and asking what's important. Here are five economic stories worth watching.
What happens to oil?
Saudi Arabia has helped drive down...
| Jan 16, 2015
| 7:29 AM
Plunging energy prices last month led to the biggest decline in the cost of living in six years, keeping inflation well below the Federal Reserve's target and possibly complicating plans for the central bank to start raising interest rates.
| Dec 17, 2014
| 11:15 AM
The Federal Reserve signaled Wednesday that its first interest rate hike in eight years is approaching as policymakers stopped indicating that short-term rates would remain near zero for “a considerable time.”
Instead, the Fed said in a...
| Dec 24, 2014
| 4:14 PM
As we embark on the seventh year since the historic collapse of the Lehman Bros. investment bank, it's clear we haven't fixed what broke the economy in 2008. Big banks still control Congress. Workers remain acutely vulnerable to another financial crisis....
| Dec 25, 2014
| 6:24 AM
Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis since 1998.
| Dec 11, 2014
| 7:49 PM
Karl Otto Poehl, the Bundesbank president who managed the introduction of the deutsche mark in East Germany before reunification in 1990 and helped lay the foundations for Europe's common currency, has died. He was 85.
Poehl died Dec. 9, the Frankfurt-...