September 11, 2013 Whenever a gridlocked Washington faces a money-related crisis — such as those involving the federal debt ceiling, the annual budget or sequestration — solutions involve small sideways moves rather than grand strategies. Still, the U.S. and global economies, while far from robust, are growing.
September 2, 2013 KUHFWith the oil and gas sectors booming, the need for truckers is growing. But the ranks of well-trained drivers are shrinking, especially as baby boomers hit retirement age. And competition for drivers has become fierce, with the annual turnover rate nearing 100 percent.
August 30, 2013 As the U.S. economy improves, people are eager for one last summer adventure, according to trade groups that track travel. Labor Day weekend travel is expected to jump by 4.2 percent over last year.
August 15, 2013 Millions of Americans have been living with relatives or renting, trying to ride out the Great Recession and the slow recovery. Those people may be now itching to buy homes before interest rates go up further. But some experts point to negative factors that could hold back a housing boom.
August 13, 2013 The Justice Department's opposition to the merger of US Airways and American Airlines stunned industry analysts, but many predict the $11 billion deal will eventually win approval. Some industry watchers see the government's lawsuit as a tactic to force American Airlines to surrender routes and slots.
August 2, 2013 While the number of jobs did increase last month, the hiring pace was slower than in the spring, marking a setback for unemployed Americans. "The labor market begins the second half of 2013 with a fizzle," says economist Heidi Shierholz, with the Economic Policy Institute.
August 1, 2013 KUHFMost economists say this year's back-to-school sales will be slower than last summer's because consumers have been coping with more expensive gasoline and higher payroll taxes. Still, several states are offering tax-free shopping to encourage purchases.
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.
July 18, 2013 For many workers, hours are not only short, but increasingly erratic as managers scramble to cover shifts without the steadying influence of experienced full-time employees.
July 12, 2013 The Canadian train tragedy is becoming Exhibit A in the political case for building pipelines, such as the proposed Keystone XL, as well as for opposing them. Meanwhile, energy companies have boosted rail shipments of oil in response to a surge in production.
July 10, 2013 Worried about the impact on U.S. consumers, farmers and even taxpayers, some senators expressed qualms about the intentions of Shuanghui International Holdings, a Chinese firm that is buying Smithfield Foods.
July 3, 2013 When the Labor Department releases new unemployment data Friday, the news likely will be disappointing. Not really bad, just not very good. Unfortunately, that assessment sums up the entire recovery, which began four years ago. "We're just running in place," one economist says.
June 20, 2013 KUHFSupplies of oil have been surging this year, and U.S. drivers, who have been switching to more fuel-efficient cars, are using less gasoline. That would seem to be the right economic combination to push down prices at the pump, but gasoline prices have remained stubbornly high this summer.