Meager Rise in Factory Orders Signals Manufacturing Slowdown
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.
sequestration
Private Employers Add Just 135,000 Jobs in May
A survey by payroll-provider ADP shows U.S. businesses added jobs at a sluggish pace in May, an indication that hiring may be cooling off.
Memorial Day, Sequester-Style: Is This How We Honor Soldiers?
This Memorial Day, America remembers its war dead, even as the latest sequestration cuts siphon money from our veterans and the families of our soldiers -- living and fallen.
Think Tank's Idea to Cut U.S. Budget: Fire 'Slacker' Soldiers
What is the best way to maintain a strong U.S. military in an era of budget cuts? A new report from the nonpartisan Stimson Center has a surprising answer.
Durable Goods Orders Rise Sharply in April
Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign of resilience in the factory sector.
Lower Deficit Predictions May Hamper U.S. Budget Deal
The recovering economy is producing greater tax revenues, but an improving deficit picture also reflects the accumulating effects of prior rounds of spending cuts.
IMF Chief Criticizes 'Abrupt' U.S. Budget Cuts
IMF head Christine Lagarde criticized the U.S. government's budget policies as too tight Tuesday, in an appearance in Amsterdam that was interrupted by student protestors.
Fed Sticks to Stimulus Plan, Warns Growth Hampered by Budget Cuts
The Fed is sticking with its bond-buying plan to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington.
Consumer Confidence Jumps on Better Outlook for Hiring, Pay
U.S. consumer confidence rebounded in April as Americans felt better about the outlook for the economy and their income prospects, the Conference Board says.
Monday Memo: This Week on the Saving Channel
Sodas, student loans, and post-grad options: Here's a look at this week's money-saving topics on the DailyFinance Saving Channel.
House OKs Bill to End FAA Furloughs, Airport Delays
Congress has easily approved legislation ending furloughs of air traffic controllers that have delayed hundreds of flights daily.
Senate Passes Bill to End Air Traffic Control Furloughs
The Senate moved quickly late on Thursday to end air traffic controller furloughs that were causing widespread airline flight delays related to federal spending cuts.
Airline Stocks Soar, in Spite of Sequestration
All of the major air carriers beat Wall Street expectations, even though some are still struggling to post consistent profits – and sequestration challenges continue.
Higher Fares Help Boost Southwest Airlines' Profit
Higher fares are helping Southwest Airlines make more money than Wall Street expected, but the company says automatic federal spending cuts could hurt revenue in April.
Survey: Budget Cuts Not Hurting U.S. Businesses
Washington's budget tightening is having a minimal effect on businesses, a survey of business economists released Monday shows.
FAA: Delays Hit U.S. Airports As Furloughs Kick In
Travelers waited more than an hour for flights in New York and experienced delays at other U.S. airports on Sunday evening as furloughs of air traffic controllers began.
FAA: Public Should Expect Flight Delays as Furloughs Kick In
The public should expect flight delays as furloughs kick in Sunday for air traffic controllers, although effects may be felt unevenly from airport to airport, the FAA says.
TSA Official Says Employee Furloughs Not Anticipated
A senior Transportation Security Administration official says so far, so good for airport travelers wary of the effects of automatic spending cuts that took effect March 1.
Republicans Blast Obama's Plan to Sell New Deal Icon
Republicans are blasting Obama's plan to consider selling the Tennessee Valley Authority, an icon of the New Deal long targeted by conservatives/
Critics Say Obama's Budget Breaks Campaign Promises
Critics of President Obama's budget proposal say he is breaking his promise to protect Social Security and his pledge not to raise taxes on the middle class.
Obama Unveils $3.8 Trillion Spending Plan
Obama sends Congress a $3.8 trillion spending blueprint that seeks to tame runaway deficits by raising taxes further on the wealthy and trimming Social Security.
How 'Chained CPI' Will Hit Your Pocketbook
Obama's new budget proposal includes changing some key inflation calculations to "chained CPI" -- a controversial shift because of the effect it may have on personal finances.
Why April 9 Isn't Really Equal Pay Day
Equal Pay Day highlights the extra three months of work that a woman must do to equal what an average man makes in a year. But is real equality getting even further away?
Obama's Budget Said to Seek Tax Increases, Entitlement Cuts
Obama administration officials suggest that the president's 2014 budget proposal, due Wednesday, will feature concrete tax proposals and propose cuts to entitlement spending.
Obama to Propose Cuts to Social Security, Official Says
Obama will offer cuts to Social Security and other programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a source says.
Congress Moves to Finally Approve 2013 Budget
Congress is finally cleaning up its unfinished budget business for the long-underway 2013 budget year with a bipartisan funding bill -- but stark differences remain.
Sequestration Cuts? Not In My Backyard, Insist Legislators
Is this how we save the federal budget? Sequestration cuts are starting to hit home ... and legislators are starting to complain.
Obama's 'Charm Offensive' Yields No Budget Breakthrough
Obama's widely publicized recent string of meetings with rank-and-file lawmakers seemingly produces no breakthroughs -- though none were anticipated.
$1 Billion Military Jobless Program Unfazed by Budget Cuts
Even as it faces budget cuts and forced employee furloughs, the Pentagon spends nearly a $1 billion a year on jobless benefits for veterans who left the military voluntarily.