Americans are recovering their net worth

Slowly, Americans are recouping some of their loss of wealth from the recession, thanks to gains in stocks and home values. ...more

December 11, 2009

Obama Needs A Big Play

Back in the early 1990s, when Fed Chairman Alan Greenspan was still considered "the Maestro," I asked him what he thought of the Reagan administration's economic program. I anticipated a discussion of 1980s tax and interest rate policy. That's not what I got. ...more

January 18, 2009

Fed Runs To Rescue Of AIG

The Federal Reserve forged an extraordinary $85 billion rescue Tuesday night of insurance giant American International Group Inc., offering a respite from two days of chaos in the American financial system. ...more

September 17, 2008

Study: People See Light In Economy

Americans see a slice of sunlight for the economy, as a widely watched report on Tuesday showed that people are not as pessimistic about the future as they were a month ago. ...more

July 30, 2008

Federal Minimum Wage Goes Up 70 Cents, To $6.55

About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. ...more

July 24, 2008

Minimum Wage Increase 'Will Help Out A Little'

About 2 million Americans get a raise today as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. ...more