Oct 11 Watch Economists Earn Nobel Prize for Asking How Job Market Works Two Americans and a British-Cypriot won the Nobel Prize in Economics in recognition of their research into why markets often don't work as expected -- particularly the job market. Jeffrey Brown talks to Catherine Rampell of the New York Times… Continue watching
Oct 11 Watch News Wrap: Weak Forecasts for Economy, Karzai Confirms Contacts With Taliban In other news Monday, dire forecasts emerged for future economic growth and Afghan President Hamid Karzai confirmed his government has been talking with Taliban leaders for "quite some time."… Continue watching
Oct 11 Watch Would a U.S. Foreclosure Ban Yield 'Catastrophic' Consequences? The securities industry said Monday that a nationwide ban on home foreclosures would be "catastrophic" for the U.S. Jeffrey Brown asks the Ohio attorney general and a foreclosure expert for insight. Continue watching
Oct 08 Does Your Lipitor Smell Funny? Check the Bottle If you are one of the millions who take Pfizer's heart drug Lipitor and happen to have one of the unlucky 90 count bottles of the 40mg pills (pictured right) you may notice an odd, musty odor. Pfizer says… Continue reading
Oct 08 California Governor's Race: a Hot Campaign Sans Obama, Tea Party In the troubled and debt-ridden state of California, two strong, well-known candidates are vying for the dubious honor of becoming the next governor. But something is missing in this extremely political year. Republican Meg Whitman, the former head of eBay,… Continue reading
Oct 08 Despite Earlier Economic Crises, Euro Performing Well -- Almost Too Well It was only last spring, amid the Greek financial crisis and divisions among European Union nations on how to respond to it, that some voices of alarm arose about the future of the European common currency, the euro, and… Continue reading
Oct 08 Bank of America Halts Foreclosure Sales in All 50 States Bank of America said Friday that it will stop sales of foreclosed homes in all 50 states as it looks into reports that mortgage servicers signed foreclosure documents without reading them, a practice known as "robo-signing." The company said… Continue reading
Oct 08 September Job Losses Steeper, Worse for Economy Than Expected By Paul Solman Disturbing September job numbers out Friday showed a net loss in total employment of 95,000 jobs, as the federal government dropped 76,000 positions, mainly Census workers, and state and local governments lost 83,000. In the private sector, jobs increased… Continue reading
Oct 08 September Job Losses Steeper, Worse for Economy Than Expected Disturbing job numbers out today for the month of September: a net LOSS in total employment of 95,000 jobs, as the federal government dropped 76,000 positions, mainly census workers, and state and local governments,… Continue reading
Oct 08 Latest Unemployment Report Does Little to Change Midterm Dynamic By David Chalian Job seekers line up at a job fair last week in New York City. Photo by Mario Tama/Getty Images. Friday's monthly jobs report was the last before November's midterm elections and it likely did little to alter voters' discontent about… Continue reading