Recent Articles
| 9:42 AM 5/22/2012
The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from spreading.
| 10:10 AM 5/21/2012
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.
| 8:37 AM 5/21/2012
Stock futures are rising with a new survey suggesting that economists are a bit more optimistic about housing and employment. The National Association for Business Economists' forecasters expect modest growth for the rest of 2012, with the pace picking up in 2013.
| 9:40 AM 5/18/2012
Oil prices hovered below $93 a barrel Friday in Asia, pausing after the latest twists in Europe's debt crisis triggered a sharp two-week sell-off. Crude has plunged about 13% over the past two weeks.
| 9:31 AM 5/17/2012
The number of people seeking unemployment benefits was unchanged last week at 370,000, a number low enough to suggest steady gains in the job market. Applications for benefits are near the lowest levels in four years.
| 12:30 PM 5/16/2012
WASHINGTON (AP) - President Barack Obama and first lady Michelle Obama hold assets worth between nearly $2.6 million and nearly $8.3 million, according to financial disclosure reports released Tuesday by the White House.
The documents show the couple's assets for last year. The first family's...
| 11:56 AM 5/16/2012
U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow. The Federal Reserve said Wednesday that factory production rose 0.6% in April, erasing a 0.5% decline in March.
| 10:40 AM 5/16/2012
Facebook insiders will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand. The entire increase comes from insiders and early investors, so the company won't benefit from the additional sales.
| 10:05 AM 5/15/2012
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.
| 4:40 PM 5/14/2012
He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO. Facebook's chief executive turned 28 on Monday, setting in motion the social network's biggest week ever.