Economy

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Updated: 29 min 57 sec ago

45,000 mail handlers get $15,000 buyout offer

3 hours 17 min ago
The U.S. Postal Service is offering buyouts to 45,000 mail handlers, part of the struggling agency's efforts to shed staff and cut costs.

Summer gas prices - as good as they'll get

6 hours 8 min ago
As the summer driving season kicks off this holiday weekend, most Americans are enjoying lower gas prices than they might have expected when the spring began.

Farmers hit the jackpot in Kansas oil boom

8 hours 34 min ago
Farmers in Kansas are hitting the jackpot.

Girl Scouts: Not just cookies. We want science!

10 hours 13 min ago
Girl Scouts are now getting more of what they want...and it's not just cookies.

Euro leaders fall short (again!) as crisis spirals

Thu, 2012-05-24 12:57
European politicians are facing renewed criticism for being slow to respond as the debt crisis in the eurozone has taken a turn for the worse.

Class of 2012: How we got our jobs after college!

Thu, 2012-05-24 07:16
Many in the Class of 2012 find themselves without work after their college graduation. But those who landed jobs say internships are key.

Jobless claims fall slightly

Thu, 2012-05-24 06:45
The number of Americans filing for first-time unemployment benefits fell slightly last week.

China's manufacturers still hurting

Thu, 2012-05-24 03:54
China's manufacturing sector continued to shrink in May, according to preliminary data released Thursday.

National debt: Will the U.S. be like Japan?

Thu, 2012-05-24 02:13
Political gridlock. High national debt. Rock-bottom bond rates. An aging population. Warnings about more downgrades.

Oil boom strikes Kansas

Wed, 2012-05-23 08:28
It doesn't feel like we're in Kansas anymore.

Sales of new homes inch up

Wed, 2012-05-23 07:58
Sales of new homes are showing some signs of life, growing 3.3% month over month to an annualized rate of 343,000 in April, according to a government report released Wednesday.

World Bank warns of China slowdown

Wed, 2012-05-23 05:17
The World Bank said a slowdown in China will drag on growth in the entire East Asia-Pacific region.

Election risk: Could Europe sink Obama campaign?

Wed, 2012-05-23 02:13
Trillions in looming tax hikes and spending cuts. Washington saber-rattling over the debt ceiling. A slowdown in the world's second largest economy.

CBO: Fiscal cliff likely to cause recession

Tue, 2012-05-22 16:41
Trillions of dollars in looming tax hikes and spending cuts set to take effect next year would likely cause a recession, the Congressional Budget Office said Tuesday.

CFTC investigating JPMorgan Chase

Tue, 2012-05-22 09:56
The Commodity Futures Trading Commission is investigating JPMorgan Chase's $2 billion losses, the regulator was expected to tell a Senate panel on Tuesday.

Greece: Top 3 risks facing U.S.

Tue, 2012-05-22 09:56
It's not Greece that poses a problem for the United States. It's the contagion that would spread if Greece exits the eurozone that would pose the greatest risks.

OECD: Europe debt could derail global recovery

Tue, 2012-05-22 08:33
Europe's sovereign debt crisis risks derailing the global economic recovery, the Organization for Economic Cooperation and Development warned Tuesday.

Fitch downgrades Japan

Tue, 2012-05-22 05:34
Fitch Ratings cut Japan's sovereign rating Tuesday, citing the nation's rising debt and credit risk.

Debt ceiling in play again

Tue, 2012-05-22 02:24
Wow. So here we are again.

How Iran could double its oil output

Mon, 2012-05-21 15:45
As Iran continues to grapple with the West over its nuclear ambitions, experts say the nation could double its already sizable oil output if sanctions were lifted to allow foreign investment into its oil industry.