July 26, 2013 Federal prosecutors have been successfully obtaining convictions in a range of insider trading cases. Not so when it comes to activities by banks and other firms linked to the housing collapse and financial crisis of 2008. Experts say the reasons include the complexity of the cases and priorities of prosecutors.
July 26, 2013 The factory in northern Greece once produced glue for ceramic tiles. But when the country's economy collapsed and workers lost their jobs, they took it over to make environmentally friendly laundry products. Workers do everything from accounting to driving. Their effort is a hit with left-wing groups, but it's not showing up in workers' paychecks.
July 25, 2013 The domestic auto industry has been making a strong comeback, but that recovery hasn't necessarily benefited beleaguered Detroit. There's only one auto plant still doing high-volume production inside the city limits, and much of the Big Three's manufacturing has shifted away from Michigan.
July 25, 2013 Even as Detroit files for bankruptcy protection, Bruce Katz says many American cities are showing promising signs of renewal. In The Metropolitan Revolution, he writes that, together, cities and suburbs have the power to take on the challenges Washington won't.
July 25, 2013 While there was a small increase in the number of people filing first-time claims for unemployment insurance, the rise was largely due to annual shutdowns for retooling at car plants. Meanwhile, orders for durable goods rose last month.
July 24, 2013 With a speech that echoed many of those given in his 2008 and 2012 campaigns, the president launched another effort to lay out his vision for how to strengthen the U.S. economy.
July 24, 2013 The housing sector has been one of the economy's bright spots, and shows no signs of slowing despite rising mortgage rates.
July 24, 2013 President Obama is launching an effort to renew focus on job creation for the middle class, at a time when many Americans think the country is still in a recession. While the economy continues to improve, weakness lingers — especially in the job market.