January 30, 2013 Federal spending cuts may have hurt the U.S. economy's fourth-quarter growth. But don't count on that changing the dynamics of the current debate over the sequester, the ax poised to start hacking $1.2 trillion from federal spending if Congress fails to stop it by the March 1 deadline.
January 30, 2013 As more grown children cannot find jobs and aging parents aren't working, the generation in the middle is faced with financial responsibility for both groups, a Pew study finds.
January 30, 2013 The latest ADP National Employment Report seems to show a modest uptick in employment growth as 2013 began. But it comes after a surprisingly downbeat report about how the economy was doing as it ended 2012.
January 30, 2013 The economy had not contracted in any quarter since the spring of 2009. Among the reasons why there wasn't growth in the last three months of 2012: steep cuts in defense spending.
January 30, 2013 In his inaugural address, President Obama envisioned a nation where even "the poorest child knows she has the same chance to succeed as anyone else." But a new report finds that 44 percent of Americans do not have the savings to cover basic expenses for three months if they lose their income.
January 29, 2013 Though there have been other signs to indicate that the economy is on the upswing, many Americans aren't feeling all that good about how things are going.The private Conference Board reports that its widely watched consumer confidence index fell to 58.6 in January from 66.7 in December.
January 29, 2013 In nearly all major cities across the nation, prices rose at a faster pace in November than they had in October, the latest S&P/Case-Shiller Home Price Indices report shows. It's another sign that the housing sector has recovered from its bust.