November 27, 2012 For years, colleges have competed to attract diverse student bodies by offering students admission without considering their ability to pay. But as costs rise and student need increases, even schools with big endowments are beginning to acknowledge that their generosity is unsustainable.
November 27, 2012 Consumers purchase more than two-thirds of all goods and services. If they're feeling better, that's a good omen for the overall economy.
November 27, 2012 Signs that the housing sector is recovering have been popping up in recent months. Today's news adds to the evidence. Prices were up earlier this fall in nearly all major cities.
November 27, 2012 It's now widely agreed that steering away from the fiscal cliff — the combination of spending cuts and tax increases set to hit at the start of the year — will require some combination of revenue increases and spending cuts. The central sticking point could well be whether President Obama and Congress can agree on the definition of revenue.
November 26, 2012 Thanksgiving weekend spending shot up nearly 13 percent from last year, and there's more time between Thanksgiving and Christmas this year for people to shop. And if a deal to avoid the fiscal cliff comes just before Christmas, as some expect, it could brighten the economic mood of last-minute shoppers.
November 26, 2012 The White House issued a short report Monday warning of the risks to holiday spending and the 2013 economy if policymakers fail to reach an agreement to avoid the fiscal cliff. The report seemed aimed at raising pressure on Republicans to strike a deal with President Obama.
November 26, 2012 See how much Americans owe, what they're borrowing money to pay for, and how much of each paycheck goes to pay off debt.
November 26, 2012 There are clever names for many of the holiday season's key shopping days. Today's is in honor of what's said to be the biggest online shopping day. Tuesday's aims to get people to be charitable. Maybe Wednesday's should be for when the bills come in?