February 21, 2013 Despite what they said was a healthy 2012, industry leaders worry that in 2013, upcoming spending cuts will hit already-battered airlines hard.
February 14, 2013 A combined company worth $11 billion would become the largest U.S. airline. By creating a robust route structure with hundreds of destinations on four continents, the two carriers may be able to attract more frequent fliers, improve service and boost revenues. But what will happen to fares is uncertain.
February 13, 2013 President Obama is urging Congress to boost the federal minimum wage to $9 an hour. But other workers who make more than the minimum, currently at $7.25 an hour, could see their pay go up too as employers adjust their pay scales.
February 6, 2013 They're getting hit with a double whammy: a spike in gas prices and smaller paychecks because a payroll tax break expired. That combination could dampen consumer spending, economists say.
February 1, 2013 The economy shrank slightly at the end of 2012, and the unemployment rate ticked up in January. But this spring's data could look much brighter if the housing market continues to heat up as expected. That's because the sector supports a variety of jobs, ranging from bricklayers to appliance manufacturers.
January 23, 2013 Ray LaHood says the FAA is in the "business of doing a top to bottom review" and they will let them finish their job. The FAA grounded all of Boeing's 787 Dreamliners to investigate their lithium batteries.
January 10, 2013 Three more fiscal cliff-type deadlines are fast approaching. They involve: 1) raising the debt ceiling 2) imposing automatic spending cuts and 3) funding the federal government to avert a partial shutdown.
January 4, 2013 After nearly three years of job growth, the trend is likely to continue, economists say. Retiring baby boomers are expected to create new openings and increase demand in the health care sector as they age.
January 3, 2013 Congress finally made a permanent fix to the alternative minimum tax, which threatened to boost the tax bills of millions of Americans each year. But the AMT also created a "useful fiction," as one analyst says, by appearing to shrink future budget deficits.
January 2, 2013 Now that Congress has removed some of the uncertainty over the "fiscal cliff," most forecasters are saying the U.S. economy will expand by about 2 percent in the new year. That's a sluggish pace, but strong enough to keep lowering unemployment and boosting housing. Prospects for aircraft makers and farmers are also looking promising, helped by exports.
December 24, 2012 A combination of greater job security, fewer bills and rising wealth sent shoppers heading off to car dealerships, malls and restaurants. "Job growth was not great, but it was good enough to make people feel like things are getting better," said Nariman Behravesh of IHS Global Insight. NPR's Marilyn Geewax covers 2012's economic good news.
December 17, 2012 Share prices for gun makers were down when the stock market closed Monday, on an otherwise positive trading day. Despite an election-season spike in revenue, investors now seem concerned about the long-term outlook for restrictions on gun sales.
December 11, 2012 Without a solution to the so-called fiscal cliff, every person who gets a paycheck or has investments will see his or her taxes rise. And some could see their jobs disappear. Here is a timeline of changes in store in the absence of action from the president and Congress.
December 7, 2012 An unexpected boost in hiring, with employers adding 146,000 jobs last month, might make it more difficult for Democrats to argue in favor of renewing benefits for the long-term unemployed. More than 2 million people who get extended jobless benefits may lose them in January if Congress doesn't act as part of discussions on the fiscal cliff.
December 5, 2012 During a luncheon, industry insiders warned that if spending cuts go into effect on January 1, they could face huge layoffs.