Category: Economy

Are We Already in A Recession?

Are We Already in A Recession?

New data give support to those who believe the U.S. economy is already contracting. What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a...

Why the Euro Crisis Is Nowhere Near Being Over

Why the Euro Crisis Is Nowhere Near Being Over

It’s astonishing, but everyone is behaving as though the euro crisis were over. Long-term bond yields are bellwethers of investor confidence. And over the past few months, yields on 10-year Spanish bonds have fallen...

Stocks: Job market to steal the show

Stocks: Job market to steal the show

  Click the chart for more stock market data NEW YORK (CNNMoney) — The fourth quarter kicks off with a series of important reports on the U.S. economy. While data from across the economic...

Student loan default rates jump

Student loan default rates jump

Student loan default rates jump The Department of Education said 218 schools had three-year default rates of 30% or more, putting the schools at risk of losing their federal student aid. NEW YORK (CNNMoney)...

How Bad Is America’s Pension Funding Problem?

How Bad Is America’s Pension Funding Problem?

Unfunded liabilities in pension funds are just as onerous as other kinds of debt. Such liabilities now total more than $2.5 trillion and are growing at a rapid pace. No sooner had the Chicago...

Can Robots Bring Manufacturing Jobs Back to the U.S.?

Can Robots Bring Manufacturing Jobs Back to the U.S.?

Heading into the 20th century, America was a predominantly rural country. Roughly 40% of the nation’s labor force toiled on farms alongside 22 million work animals. One hundred years later, fewer than 2% of...

Baltimore: The city that sues the banks

Baltimore: The city that sues the banks

The Libor scandal plays out in an unlikely place – the streets of Charm City. FORTUNE — It has been a year since Baltimore sued the big banks — Bank of America (BAC), Barclays...

Wall Street ends flat despite Spain hope, S&P off for week

Wall Street ends flat despite Spain hope, S&P off for week

Symbol Price Change VVUS 21.00 -2.72   DRI 57.21 2.49   ^DJI 13,579.47 -17.46   ^HGX 167.04 2.86   ^INX 312.19 0.00     Related Content View PhotoTraders work on the floor of the...

Where America’s Richest Man Is Investing His Money

Where America’s Richest Man Is Investing His Money

Bill Gates is best known for hisMicrosoft billions and the great philanthropic works that have followed. But something interesting has happened recently, and perhaps notably with this year’s Forbes 400 number-crunching, which puts him on our list up...

Mutual Fund Pioneer Jack Bogle: How to Fix Wall Street

Mutual Fund Pioneer Jack Bogle: How to Fix Wall Street

Jack Bogle, the founder of mutual fund giant Vanguard, and the man who popularized index funds, is part of an older generation of financiers, including people like Warren Buffett, who believe in long-term, low-cost...