U.S. Auto Industry Is Revving Up for a Hiring Spree by The Associated Press Jun 9th 2013 11:32AM The U.S. auto industry is about to go on a hiring spree as car makers and parts suppliers race to find workers to build the next generation of vehicles.
'Don't Insure Me, Bro!': Why Critics of Obamacare Focus on Young Men by Bruce Watson Jun 7th 2013 4:30PM Obamacare critics seem strangely obsessed with healthy 25-year-old men. Could it be because they are one of the few groups who will be paying more for insurance?
Save Detroit by Knocking Half of It Down: Crazy or Clever? by Rich Smith Jun 7th 2013 1:55PM Bill Pulte, whose family built PulteGroup into the top U.S. homebuilder, says the way to revive Detroit is to raze half of it and consolidate.
Manufacturing Growth Crawls, and Economic Recovery Stalls by Justin Loiseau Jun 7th 2013 10:50AM Four new manufacturing reports released this week suggest there are cracks at the foundation of the economic recovery.
Jobless Rate Rises To 7.6% as Economy Adds 175,000 Jobs by Reuters Jun 7th 2013 9:13AM Employers stepped up hiring in May, a sign the economy continues to grow modestly, despite the federal government's automatic budget cuts.
Reports: NSA Spying Included Major Internet Companies by Reuters Jun 7th 2013 7:33AM Reports that authorities have collected data on millions of phone users and tapped into servers at nine internet companies fuel greater debate on government surveillance.
Calif. Bill Attacks Walmart's Billion-Dollar Benefits Subsidy by Eamon Murphy Jun 6th 2013 5:18PM Walmart's low-wage and low-benefit model costs U.S. taxpayers billions of dollars a year, a new congressional report reveals. Now, California is pushing back.
Jobless Claims Fall as U.S. Employment Slowly Grows by Reuters Jun 6th 2013 9:09AM The number of Americans filing new claims for unemployment benefits fell last week, pointing to moderate job growth despite slowing economic activity.
GM Returns to the S&P 500, Moves Closer to Independence by David Kiley Jun 6th 2013 8:31AM GM's quest for independence from the government is ahead of schedule. The Treasury is selling off 30 million GM shares this week, and the automaker is rejoining the S&P...
Why We May Never See 3% Mortgage Rates Again by CNNMoney Jun 6th 2013 6:52AM Those who didn't take advantage of record-low mortgage rates have missed the boat -- at least for now. Here's why.
Has the Fed's Stimulus Created a Stock Market Bubble? by The Associated Press Jun 6th 2013 6:25AM A nervous debate is raging among investors and analysts: Has the Federal Reserve inflated a stock market bubble by driving interest rates to record lows?
SEC's Money Market Funds Reform May Result in Higher Fees by Reuters Jun 5th 2013 12:29PM Securities regulators vote to propose reforms that would target a portion of the $2.6 trillion money market fund industry.
Meager Rise in Factory Orders Signals Manufacturing Slowdown by Reuters Jun 5th 2013 10:20AM New orders for U.S. factory goods rose in April, but not enough to reverse the prior month's plunge, adding to signs of a slowdown in manufacturing activity.
Fed Official: Policymakers May Have to Alter Course by Reuters Jun 5th 2013 6:39AM The Fed is poised to evaluate and potentially make changes to its massive monetary stimulus, says a top agency official who is critical of the Fed's bond-buying program.
Regulators: Source of Next Financial Crisis May Not be Banks by Rich Smith Jun 5th 2013 5:00AM Earlier this week the Financial Stability Oversight Council proposed tighter regulations for "nonbank financial institutions." What does that mean for consumers?
Why Bad News Makes the Stock Market Happy by The Associated Press Jun 4th 2013 12:24PM For now, bad news is good for the stock market. Investors judged that the latest weak economic reports will make it more likely that the Fed will keep stimulating the economy
May Auto Sales Bolster U.S. Economy by AOL Autos Jun 3rd 2013 5:38PM Higher discounts at some automakers, rising pickup truck sales and increasing consumer confidence pushed up car sales in May, giving the overall economy a shot in the arm.
Construction Spending Rises, Despite Residential Weakness by The Associated Press Jun 3rd 2013 10:51AM Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending.
Bernanke Offers Wit and Wisdom to Princeton Grads by CNNMoney Jun 3rd 2013 8:30AM Fed Chairman Ben Bernanke has a sense of humor, which he showcased Sunday at the commencement of this year's batch of Princeton grads.
The IRS: A Long Way From Its Glory Days by The Associated Press Jun 2nd 2013 6:00AM For a time, the Internal Revenue Service inspired awe and admiration in Americans. But no one loves the IRS anymore, and they haven't for decades. What changed?
Slowdown in Health Spending Extends Medicare's Life by CNNMoney May 31st 2013 12:02PM A greater-than-expected slowdown in health spending has helped buy Medicare more time before it will no longer be able to pay out full benefits.
Buoyed by Recovery, Consumers Confidence Soars in May by Reuters May 31st 2013 10:27AM Greater optimism about the economic outlook and personal finances pushed U.S. consumer sentiment to its highest level in nearly six years in May, a new survey shows.
Consumer Spending Falls in April, First Drop in Nearly a Year by Reuters May 31st 2013 9:12AM Consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic activity.
We've Only Regained How Much Wealth Since Recession? by Eamon Murphy May 31st 2013 7:35AM In March, the Federal Reserve said Americans households had regained 91% of the total wealth lost in the recession. Now a new report says that figure is only 45%. What gives?
Households Far from Regaining Wealth Lost During Recession by The Associated Press May 31st 2013 6:56AM The average U.S. household has a long way to go to recover the wealth it lost to the Great Recession, a report by the Federal Reserve Bank of St. Louis concluded Thursday.
European Unemployment Drags on World Markets by The Associated Press May 31st 2013 6:30AM World stock markets slumped Friday after a report showed unemployment hitting an all-time high across the 17 European Union countries that use the euro.
Wall St. Shrugs Off Economic News; Finance, Tech Stocks Gain by DailyFinance Staff May 30th 2013 5:10PM Stocks ended higher Thursday. The feeling on Wall Street is that economic numbers and trouble overseas will discourage the Fed from ending its bond-buying program soon.
Pending Home Sales Hit 3-Year High; Supply Dwindles by Reuters May 30th 2013 10:15AM Contracts to buy previously owned U.S. homes rose to their highest level in three years in April, but a shortage of properties for sale could slow down the momentum.
Jobless Claims Rise Unexpectedly in Latest Week by Reuters May 30th 2013 8:53AM The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but not enough to suggest a shift in the recent pattern of modest job gains.
U.S. First-Quarter GDP Revised Slightly Lower by Reuters May 30th 2013 8:45AM A drop in government spending dragged more on the U.S. economy than initially thought in the first quarter, a sign of increasing pain from Washington's austerity drive.
Sales of Bank-Owned Homes Plunge to 5-Year Low in 1Q by The Associated Press May 30th 2013 6:09AM Sales of bank-owned homes have plunged to a 5-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.
Nasdaq to Pay $10M to Settle Facebook IPO Claims by Reuters May 29th 2013 2:15PM Nasdaq agrees to pay $10 million to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.
