January 17, 2013 Leafy, tony Greenwich, Conn., feels a world apart from nearby Bridgeport, where unemployment and crime levels have soared as industry has declined. The vast differences in wealth in these two Fairfield County towns reflect a level of income inequality that's among the nation's highest.
January 17, 2013 The day's economic news is on the positive side: 37,000 fewer people filed claims for unemployment benefits last week; and home construction surged in December and last year.
January 16, 2013 The 50 planes owned by airlines around the world have been pulled out of service. The Federal Aviation Administration and other authorities cite an incident in Japan in which one jet's batteries emitted smoke. The Japanese report came a week after a similar incident occurred in Boston.
January 16, 2013 JPMorgan Chase says its profits were up 53 percent in 2012's fourth quarter — but CEO Jamie Dimon's salary will be cut in half, after the bank lost billions of dollars on risky bets placed by a single trader. Dimon's salary now stands at $11.5 million.
January 16, 2013 What began as a company's suspicion that its infrastructure was being hacked turned into a case of a worker outsourcing his own job to a Chinese consulting firm, according to reports that cite an investigation by Verizon's security team. The man was earning a six-figure salary.