Economy

Filter

Reasons for the Dollar Decline and the Effect on the Global Economy

Two economists discuss the dropping value of the dollar and the impact it could have on the global economy.

Kellogg CEO Nominated to Head Commerce Department

Calling him "one of America's most respected business leaders," President Bush on Monday nominated Carlos Gutierrez, the Cuban-born chairman and CEO of cereal giant Kellogg, to serve as the secretary of Commerce.

Holiday Shopping Season Begins

Jeffrey Brown discusses the beginning of the holiday shopping season with two experts.

Continue watching

Nations Cancel Bulk of $39 Billion in Iraqi Debt

Nineteen major creditors agreed Sunday to cancel 80 percent of the $39 billion debt owed to them by Iraq in a deal that boosts U.S. efforts to put the Iraqi economy back on its feet and sets an important precedent…

President Signs Bill Raising National Debt Limit to $8.2 Trillion

President Bush on Friday signed into law a bill to increase the ceiling on the U.S. national debt by $800 billion, meaning the total federal debt could climb as high as $8.18 trillion.

Kmart-Sears Merger to Create Third Largest U.S. Retailer

Kmart and Sears, two of the oldest and most troubled U.S. retail chains, announced their plans to merge Wednesday.

Kmart and Sears Announce Merger That Will Create Third Largest Retailer

Ray Suarez talks with a retail analyst about the Kmart and Sears merger.

Continue watching

Jobs & the Swing States

Jobs have become a major issue in presidential swing states like Ohio. Representatives from Ohio's business and labor sectors discuss the job situation in the Buckeye state and efforts of the presidential candidates to boost job growth.

Continue watching

September Job Growth Weaker Than Expected

U.S. employers added 96,000 jobs to their payrolls in September, the Labor Department reported Friday, a lower-than-expected result that will likely intensify the second presidential debate later in the day over the economy's direction.