Topic: Economy

The Dow Is Doing Historically Well

Reuters

The Dow Jones Industrial Average closed above 15,000 for the first time ever on Tuesday. However, despite the record-breaking nature of the even, Wall Street seems sort of unimpressed.

By Alexander Abad-Santos

Apr 13, 2012

President Obama Has a Higher Tax Rate than Mitt Romney

President Obama's Federal income tax rate is 20.5 percent, which is actually higher than Mitt Romney's 15.4 percent despite making around  $20 million less than the Republican frontrunner. 

Comments | 2,674 Views

By Elspeth Reeve

Apr 11, 2012

Poll Watch

Economy Gaining Momentum, Obama Gaining in North Carolina

Polls of Americans' economic behavior indicates the economy is gaining momentum, but voters haven't noticed. Even if they still think the economy is weak, President Obama has a surprising lead over Mitt Romney in North Carolina. Here's our guide to today's polls and why they matter.

Comments | 862 Views

By Elspeth Reeve

Mar 28, 2012

Poll Watch

Romney Weakened Against Obama

After the Republican primary's many debates and many gaffes, Mitt Romney is a weaker candidate against President Obama. Obama is ahead in three important swing states, and way more personally popular. Here's our guide to today's polls and why they matter.

Comments | 3,621 Views

By Jen Doll

Mar 23, 2012

The Trouble with Making Books We Love into Movies

Let us not forget, in the whiplash-inspiring build-up to the Hunger Games movie cumulating in exhausting midnight showings (and screenings for normal people at normal times), that this all was sprung from a far more humble entity.

Comments | 5,194 Views

By Alexander Abad-Santos

Mar 22, 2012

Cartoon

Greece Is Closer Than You Think

Cartoonist Lisa Benson doesn't like what she "sees". 

Comments | 345 Views

By Alexander Abad-Santos

Mar 20, 2012

Fed Hopes Twitter and Online Videos Will Help its PR Problem

Ben Bernanke is hoping to get a little friendlier as the Federal Reserve dips its toe into Twitter and he personally hosts an online lecture series beginning today, but we have to wonder, outside of policy wonks, who's going to care?

Comments | 1,144 Views

By Alexander Abad-Santos

Mar 9, 2012

Jobless Claims Plateau as 227,000 Jobs Were Added in February

According to the Bureau of Labor Statistics, the economy added 227,000 news jobs in February, while private sector payrolls increased by 233,000. Those strong numbers beat expectations analysts had predicted.

Comments | 414 Views

By Adam Martin

Feb 28, 2012

Housing, Durable Goods Remind Us We're Still in Recovery

The unemployment news has been so good lately that some may have forgotten we're still in a delicate economic recovery, but Tuesday's disappointing reports on housing prices and durable goods orders serve as a reminder that the economic downturn hasn't turned around yet.

Comments | 605 Views

By Alexander Abad-Santos

Feb 21, 2012

Cartoon

It Took Obama Three Years to Change His Mind

Cartoonist Steve Breen on Obama's empty promise.

Comments | 1,014 Views

By Alexander Abad-Santos

Feb 20, 2012

Cartoon

Republicans Are Just a Little Out of Touch When it Comes to the Economy

Cartoonist Tom Toles on the economy's not-so-fair weather fans.

Comments | 960 Views

By Jen Doll

Feb 14, 2012

Fashion Week Is a Money-Maker, Not an Occupier

Say what you will about Fashion Week, but it's good for New York City's economy.

Comments | 1,552 Views

By Dashiell Bennett

Feb 13, 2012

The More Americans Benefit from the Safety Net, the More They Hate It

It has become one of the great paradoxes of American life that those who depend the most on government assistance are also the ones most likely to call for reduced government spending.

Comments | 3,026 Views

By Elspeth Reeve

Feb 3, 2012

The G.O.P.'s Economic Disaster Movie May Need a New Ending

The good news that the unemployment rate dropped to 8.3 percent is particularly bad news for Mitt Romney, whose gloom-and-doom campaign message has been that only he can turn around President Obama's economic disaster. That's a harder case to make when the economy is already turning around.

Comments | 2,953 Views

By Alexander Abad-Santos

Feb 2, 2012

Cartoon

Let's Take Account of Obama's Borrowing Streak

Cartoonist Lisa Benson lends the president her financial expertise.

Comments | 397 Views

By Elspeth Reeve

Jan 30, 2012

Poll Watch

Republican Voters Are Less Satisfied Than Ever

What does Mitt Romney have to do to make Republican voters like him—hand out free treats?

Comments | 12,236 Views

By Elspeth Reeve

Jan 26, 2012

Poll Watch

No One Knows Who's Leading in Florida Right Now

The crowds at Newt Gingrich's rallies are big, loud, and happy, while Mitt Romney's events are more subdued. Yet polls seem to show the opposite -- that Romney's gaining while Gingrich has peaked. What gives? Our guide to today's polls and why they matter.

Comments | 1,379 Views

By Elspeth Reeve

Jan 17, 2012

Poll Watch

Newt's Losing the South

Newt Gingrich's Southern supporters are switching sides to Mitt Romney, new polls show. Even those who loved Newt best -- old people -- are now leaning toward Romney, who is crushing the other candidates nationally. Here's our guide to today's polls and why they matter.

Comments | 1,858 Views

By Adam Martin

Jan 13, 2012

Federal Reserve Officials Look Extra Dumb in 2006 Transcripts

It turns out the people in charge of running the U.S. economy thought, in 2006, that the housing market (which was faltering even then) was going to be just fine and wouldn't affect the rest of the economy at all.

Comments | 1,401 Views

By Adam Martin

Dec 22, 2011

Jobless Claims Down as GDP Growth Picks Up

The latest round of economic numbers shows 2011 ending with improving health, as jobless claims for the week went down 4,000 to 364,000 and the gross domestic product expanded by 1.8 percent, an increase over the second quarter's 1.3 percent gain

Comments | 529 Views

By Alexander Abad-Santos

Dec 20, 2011

Hedge Funders Are Getting Stock Tips from Congress

Proving that insider trading in Congress can work both ways, The Wall Street Journal reports on a disturbing trend of hedge funds gaining valuable tips from lawmakers voting on and making multi-million dollar decisions.

Comments | 1,745 Views

By Elspeth Reeve

Dec 16, 2011

Poll Watch

Obama's a Nice Guy But Not Good at the Economy

It seems like a hundred polls are released every day now that the Iowa caucuses are less than a month away. Here's our guide to which ones matter and why.

Comments | 596 Views

By Adam Martin

Dec 15, 2011

Obama Announces Wage Protection for Home Care Workers

President Barack Obama proposed on Thursday a change in federal regulations to guarantee home care workers federal minimum wage and overtime benefits, ending the exclusion of more than 2 million workers from the wage requirement.

Comments | 436 Views

By Adam Martin

Dec 15, 2011

Jobless Claims Are Still On Their Way Down

The number of people filing for unemployment continues to fall, and this week it hit a 3.5-year low as the fewest people since May 2008 applied for the benefit

Comments | 307 Views

By Elspeth Reeve

Dec 14, 2011

Poll Watch

GOP Voters Think Gingrich Has a Better Shot at Beating Obama

It seems like a hundred polls are released every day now that the Iowa caucuses are less than a month away. Here's our guide to which ones matter and why.

Comments | 2,229 Views

By Adam Clark Estes

Dec 6, 2011

Obama's Income Inequality Speech

President Obama shares his latest thoughts on the economy with a crowd at Osawatomie High School and makes one almost funny joke about his Kansas roots.

Comments | 3,574 Views

By Adam Martin

Nov 23, 2011

Jobless Claims and Consumer Spending Numbers Get Softer

A new round of data from the federal government on Wednesday showed jobless claims went up a little bit for the week, with 2,000 more people applying for unemployment for a seasonally adjusted 393,000 while consumer spending rose 0.1 percent in October, which was less than the 0.7 percent gain in September.

Comments | 196 Views

By Adam Clark Estes

Nov 14, 2011

More College Grads Want to Work for Tech Firms Over Wall Street

As the Occupy movement perseveres and Google's stock price continues to skyrocket, it's no surprise that American youth don't want to work at investment banks.

Comments | 633 Views

By Rebecca Greenfield

Nov 8, 2011

Apple Tries Putting the Kibosh on Union Attempt

Like many other businesses, Apple is taking advantage a workers fearful of losing employment in a shaky economy --  and it seems as if it is not about to let a union get in the way of that.

Comments | 345 Views

By Rebecca Greenfield

Nov 7, 2011

More Consumer Credit Isn't Necessarily a Sign of Recovery

The positive September consumer credit numbers that were just released should be a good sign for the lagging economy, but they're not. 

Comments | 406 Views

By Elspeth Reeve

Oct 25, 2011

Obama's Mortgage Aid Plan Steals Yet Another Republican Idea

The mortgage aid plan President Obama is offering to draw a contrast with Mitt Romney is based in part on an idea by Romney's senior economic adviser.

Comments | 2,460 Views

By Rebecca Greenfield

Oct 20, 2011

What Productivity Gains Really Look Like

The lucky Americans who have jobs are working more hours for less money, which is keeping American productivity up but worker morale low, and over the last few months we've gotten a clearer picture of what that means for workers. 

Comments | 6,931 Views

By Alexander Abad-Santos

Oct 20, 2011

Total U.S. Debt Is About to Surpass Total G.D.P. on Halloween

For the first time since World War II, the United States will surpass the 100 percent debt-to-GDP line.

Comments | 5,339 Views

By Elspeth Reeve

Oct 19, 2011

The Delicate Sensibilities of Bankers

On the surface, bankers like to project tough, no-nonsense personas, but judging by how they're reacting to the protesters outside their offices, they are pretty easily spooked. 

Comments | 5,159 Views

By Elspeth Reeve

Oct 14, 2011

White House Seems to Be Enjoying Its Fight with a 'Do-Nothing Congress'

Boehner felt the need to release phone call transcript insisted the GOP had done something on jobs

Comments | 2,036 Views

By Erik Hayden

Oct 13, 2011

Unemployment Claims Fall, Barely

The Labor Department figures say that initial claims still remain above 400,000

Comments | 161 Views

By Elspeth Reeve

Oct 11, 2011

Democratic Senators Control the Fate of Obama's Jobs Bill

Harry Reid has scheduled a procedural vote on the bill for 6 p.m. Tuesday

Comments | 1,617 Views

By Ted Mann

Oct 9, 2011

We've Had Depressions More Productive Than This

An argument that the country's prospects look worse shape than in the 1930s

Comments | 5,508 Views

By Elspeth Reeve

Oct 7, 2011

Go Ahead and Beat Your Wife, and Other Dumb Budget Cuts

Topeka can't to pay to prosecute those crimes; Newark has stopped buying toilet paper

Comments | 3,083 Views

By Elspeth Reeve

Oct 6, 2011

Obama Blames the GOP for Not Trying to Save the Economy

Says his jobs plan will be an "insurance policy" against another recession -- if Republicans vote for it

Comments | 1,049 Views

By Elspeth Reeve

Oct 3, 2011

Obama: 'I Don't Think They're Better Off Than They Were Four Years Ago'

But the election will be about the future, he says in an ABC News interview

Comments | 1,902 Views

By Rebecca Greenfield

Oct 3, 2011

At Least the Auto Industry Is Doing Well

After a bad September for the markets, car sales are up

Comments | 198 Views

By Elspeth Reeve

Oct 3, 2011

The Obama Keepsakes People Donated to Goodwill

These mementos of the President were hardly cherished

Comments | 1,731 Views

By Elspeth Reeve

Sep 30, 2011

Britain's Austere Stimulus: Raise the Speed Limit

The transportation secretary thinks cars going 80 m.p.h will rev the economy

Comments | 293 Views

By Rebecca Greenfield

Sep 30, 2011

Dow Below 11,000 as World Markets Have Worst Quarter in Three Years

A string of bad economic news left the markets headed toward their worst quarter

Comments | 394 Views

By Elspeth Reeve

Sep 26, 2011

Obama Proposes Letting Unemployed Sue for Discrimination

Law would forbid employers from passing over an applicant because he's out of a job

Comments | 4,523 Views

By Rebecca Greenfield

Sep 26, 2011

Cities That Never Boomed Are Doing Better in the Bust

Recent data shows the Rust Belt recovering, while the once-booming Sun Belt struggles

Comments | 341 Views

By Elspeth Reeve

Sep 21, 2011

Fed Boosting Aid to Weak Economy

Will buy longer-term Treasury securities and sell shorter ones to try to push down interest rates

Comments | 336 Views

By Elspeth Reeve

Sep 20, 2011

Offices Can Be Sexist Even When They're Oval

Female White House staffers felt marginalized and that Obama wouldn't do much about it

Comments | 1,467 Views

By Erik Hayden

Sep 19, 2011

Americans Face Reality: Fewer Think They'll Be Millionaires

An AP-CNBC poll finds only 2 in 10 Americans think they'll be a millionaire in a decade

Comments | 1,466 Views

By Elspeth Reeve

Sep 19, 2011

Will Perry Play in Pleasant Lakes?

Republicans are worrying about the suburban appeal of their frontrunner

Comments | 928 Views

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