February 26, 2013 But the Federal Reserve chairman warns Congress that the "sharp, front-loaded spending cuts" that would come with the so-called sequester could hurt the economy. He recommends "policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run."
February 26, 2013 WRVODrone developers in upstate New York and other regions are striving to be named official testing sites for drones as the FAA creates regulations for their use. They hope to emerge as the Silicon Valleys of unmanned aerial systems, attracting billions of dollars and thousands of jobs.
February 21, 2013 Sales were up more than 9 percent from a year ago. Realtors report that across much of the nation, would-be buyers are beginning to outpace the supply of homes.
February 21, 2013 Consumer prices were flat in January. But since then, gas prices have risen sharply. So upcoming inflation reports may not be as positive.
February 20, 2013 The housing sector has been among the economy's bright spots. The news about single-family homes is a sign that trend will continue.
February 14, 2013 The decline looks like another sign that the labor market is slowly, steadily, improving.
February 7, 2013 The pace of claims for unemployment insurance changed little. That could be a sign that employers are hiring and firing at about the same rate as they did in 2012.
February 1, 2013 The jobless rate was 7.9 percent vs. 7.8 percent in December. But new data show job growth has been better than first thought and ended 2012 on a strong note. Overall, it's estimated that several hundred thousand more jobs were created in 2011 and 2012 than previously thought.
January 31, 2013 The year ended on a strong note, with personal incomes up 2.6 percent in December alone. But over all of 2012, growth in both incomes and spending was less than the increases in 2011. The week's big economic news comes Friday when we'll hear how many jobs were created in January.
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 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.
January 28, 2013 Though stocks took a breather Monday from their recent rally, there are reasons to think they'll continue their upward move in coming months. Money seems to be moving out of bonds and into stocks, corporate earnings are better than expected and economies overseas are getting back on their feet.
January 25, 2013 There were an estimated 367,000 new homes sold last year, up 19.9 percent from the 306,000 sold in 2011. The dip in December isn't being seen as a sign that the recovery has gone off track.