October 29, 2012 Economists will need many days — maybe weeks or months — to assess the financial harm being done by Hurricane Sandy. But whatever the final figure, it will be huge — well into the tens of billions of dollars — after everything from property damage to lost sales is tallied up.
October 24, 2012 Both President Obama and Mitt Romney have suggested ways to scale back the deduction's value for wealthy taxpayers. It's one of the keys to helping reduce the federal budget deficit, but the real estate industry says the housing market is too fragile to eliminate the tax break altogether.
October 22, 2012 When the presidential candidates hold their final debate Monday night, this one on foreign policy, they'll likely be asked to define their vision of America's role in the world. As the wars in Iraq and Afghanistan wind down, that role may shift back to economic and cultural leadership, scholars say.
October 19, 2012 Retirement accounts have finally recovered the ground they lost when the stock market started crashing in 2008. But they have lost five years' worth of gains. So millions of small investors are doubting the old adage "invest for the long haul."
October 16, 2012 An immediate resignation is "not the way boards do things," one analyst said about the confounding news.
October 16, 2012 With the election just three weeks away, many voters are still scratching their heads, wondering what exactly the candidates would do to improve the economy. Audience members at Tuesday night's presidential debate could focus on economic topics such as home prices, gasoline, wages, exports and jobs.
October 11, 2012 The vice presidential debate is bound to feature lots of budget buzzwords. They may be shorthand for policies that could have huge impacts on taxpayers and the annual $1 trillion budget deficit.
October 10, 2012 But Jamie Dimon also said mistakes are a part of capitalism.
October 5, 2012 In September, employers added 114,000 workers and the unemployment rate fell to 7.8 percent. As President Obama notes, job growth is steady. But as his rival Mitt Romney points out, job increases have not kept pace with population growth.
October 3, 2012 This first presidential debate will focus on domestic issues, with the economy topping the list of homefront problems. Here are three economic terms likely to come up in the debate.
October 1, 2012 According to a new analysis by the Urban-Brookings Tax Policy Center, it could cost the average household nearly $3,500 a year.
September 26, 2012 A federal Inspector General's report says there is no proof that Freddie Mac "obstructed homeowners' abilities to refinance their mortgages" to boost profits at the government-sponsored enterprise. Some of Freddie's investments rise when homeowners remain stuck in high-rate loans.
September 25, 2012 Neither President Obama nor Republican challenger Mitt Romney has offered many specifics on how to fix the economy. But economists say that, based on what we do know, the candidates offer very different visions for spurring growth.
September 6, 2012 As Europe's Central Bank announced the latest plan to deal with the Continent's debt crisis, markets on both sides of the Atlantic rallied. Now investors are turning their focus to Friday's U.S. unemployment report, searching for signs that the job market is strengthening.