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World's cheapest gas: Top 10 countries

While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. Here are the 10 cheapest countries on Earth to fill a gas tank.

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The New Economy Jobs report stronger than expected in June. What happens next?

The economy added 195,000 jobs in June, a strong showing that beat analysts' expectations. Steady job growth is good news, but it means that higher interest rates and an easing of Federal Reserve bond buying could come sooner rather than later, putting investors on edge.
The New Economy Tapering? Maybe later, says Fed.

Fed chief Bernanke spooks the markets with comments that Fed's bond-buying could slow later this year. Dow drops, housing and jobless claims rise – this week in the economy.
The New Economy Retail sales rise more than expected in May

Retail sales rose 0.6 percent in May, beating analysts' expectations and hinting at stronger economic growth in the second quarter of 2013. Auto sales, which gained 1.2 percent, lent the biggest boost to May retail sales.
The New Economy Jobs report? Tepid, like everything else in the economy.

US adds 175,000 jobs in May, in line with expectations but not enough to reduce the unemployment rate. Elsewhere in the economy, manufacturing and construction disappoint, but jobless claims fall.
The New Economy Facebook IPO: a bittersweet one-year anniversary

One year after the disastrous Facebook IPO, the company is making strides in mobile ad revenue, but its stock price is still far below its original IPO price. Also this week: Consumer sentiment hits six-year high; retail sales rise unexpectedly; and the world has a new (old) richest person.
The New Economy IRS apologizes for targeting tea party: this week in the economy

The IRS is under fire for the extra scrutiny its workers gave to 'Tea Party' and 'Patriot' groups' applications for tax-exempt status. Plus, the Dow hit a milestone, jobless claims continued to drop, and other news from around the US economy this week.
The New Economy Case-Shiller: Home prices in 20 cities rise at fastest rate since 2006

Home prices increased by 9.3 percent, their largest annual margin in nearly seven years. But experts warn that a backlog in some markets could keep home prices low for the foreseeable future.
The New Economy New home sales climb 1.5 percent, bolstering housing recovery

New home sales improved again in March. Despite a minor slowdown in existing home sales, analysts are optimistic that the US housing recovery is continuing and that home prices will rise.
Did a foreign hand guide Boston bombing suspect Tamerlan Tsarnaev?

US investigators are interested in a trip that Tamerlan Tsarnaev, the older brother suspected in the Boston bombing, took to the North Caucasus region of Russia in 2012. They want to know whether he had contact with foreign extremist groups.
Jobs report for March a disappointment. What happened?

The US economy created only 88,000 jobs last month. Possible factors include the increase in payroll taxes, which went into effect at the beginning of the year, and the tailing off of repairs from superstorm Sandy.
What would a Korean war cost? Gauging the economic turmoil.

If a real shooting war came to the Koreas, the economic disruption would be global, though Asian nations likely would pay a higher price than the US. Some economists fear significant long-term changes to international trade.
Energy Voices In Great Plains, if you drill it they will come

The Great Plains are experiencing a stunning resurgence in population after being long considered a population drain. One big reason: the energy boom.
Retail sales rise. Shoppers unfazed by payroll tax hike.

Retail sales rose 1.1 percent in January, despite worries that the expiring payroll tax and high gas prices would curb spending. Is the rise in retail sales a sign of more sustained economic growth?
The New Economy Jobs outlook: Housing growth will trump sequester woes

The economy should continue to add jobs despite the sequester. The jobs report shows the housing recovery bolstering employment. Homeowner optimism is likely to improve, too.
After Chávez, politicians cannot ignore Venezuela's poor (+video)

Analysts agree that after Chávez, no politician can succeed in Venezuela without a platform that touches on social inclusion.
Revised GDP: US economy actually grew in fourth quarter, but barely

Growth of the US economy in the fourth quarter wasn't negative after all, revised GDP figures show. But the new 0.1 percent rate is still lower than what many economists expected.
'Sequester' harm to economy? Maybe for longer than you think.

Economists say spending cuts from the budget sequester will slow growth in the GDP somewhat in the near term. But a new analysis says a reduction in innovation could double the long-term impact.
Economy at stake in Italian parliamentary elections

While investors and EU countries watch closely, Italians go to the polls on Sunday and Monday to vote for parliamentary representatives. Those elected could impact how Italy copes with its financial crisis.
Progress Watch Fewer boarded-up homes: Vacancy rate for US housing falls to pre-bust levels

In the final quarter of 2012, the vacancy rate was 1.9 percent of homeowner housing, and 8.7 percent of the rental housing market, according to a new census report.
US oil imports at lowest level since 1999 as trade gap shrinks

The data lighten the US economic outlook after a negative fourth-quarter report. Forecasters predict modest economic growth in 2013. But the trade gap is still huge.
Cover Story 10 surprises about tomorrow's job market

In sharp contrast to today's tepid job growth, employment will pick up later this decade and feature some unusual twists – from the rise of sales jobs to the dearth of 'green' ones. Here's a guide to help navigate it.
Focus Behind the falling US birthrate: too much student debt to afford kids?

The record-low birthrate in the US is showing no signs of bouncing back, even with the economy on the mend. Evidence is growing that huge student debt may be deterring people from starting families.
The New Economy 2013: the year to find a new job – if the economy will let you

A third of workers are eager to change jobs. But with unemployment still high at 7.8 percent and job growth tepid, a job switch will prove more difficult for some workers than others.
ADP: New jobs reached 10-month high in December (+video)

ADP monthly employment survey showed businesses added 215,000 jobs last month, the most in 10 months and much higher than November's total of 148,000. Economists tend to be cautious of the ADP report because it can diverge sharply from government job figures.
Cyber Monday, Black Friday sales strong. Do they matter?

Cyber Monday set sales records and Black Friday spending was robust. But the long Black Friday weekend is no barometer for overall holiday shopping – it may even be a negative.