Topic: Lexington (Massachusetts)
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Eight ways $100 oil may affect you
Here are eight ways that higher energy prices are starting to affect America.
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Smoke and mirrors in Obama's budget? Five examples of creative accounting.
President Obama's proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources.
Here’s a look at five key head-scratchers in the 2012 budget:
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Top 5 overlooked stories of 2010
Here are five 2010 developments that probably didn't get as much attention as they should have, given their potential import to America in the years ahead.
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In Pictures: Springtime flooding in the US
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The New Economy
US jobs report: a cold blast of fear
US adds only 69,000 net jobs, the smallest gain in a year. Employers pull in their horns in the face of fears over the eurozone and worries about the US elections and the expiration of tax cuts.
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Team Obama takes attacks to Romney's home turf
Obama strategist David Axelrod shouted over protesters at the Massachusetts State House as he attacked Romney's record as governor. Romney countered at California's shuttered Solyndra plant.
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The New Economy
Unemployment rate hits three-year low. Hooray? No, boo!
The unemployment rate for April was 8.1 percent, the lowest rate since President Obama took office. But the unemployment rate is falling for all the wrong reasons.
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Student debt: How big a risk does it pose to the economy?
Student debt represents a financial challenge for America, some economists say, but in a way that's different from the big buildup in mortgage debt that led to a deep recession.
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Home prices: New numbers raise hopes they're finally starting to stabilize
Declines in home prices may be slowing, according to one report, while another has found the first year-on-year increase in prices since July 2007.
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The New Economy
Job growth slows in March. Is it payback?
The disappointing March employment report suggests job growth is coming back in sync with economic expansion after unusually strong job growth in the winter.
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Gas prices: How much will they hurt the economy? (+video)
Gas prices are slated to hit new highs within months. How might that affect the modest economic recovery? Here's a clue: Every 10-cent rise per gallon in gas prices costs the US economy $11 billion.
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America's big wealth gap: Is it good, bad, or irrelevant?
The gap between rich and poor is at its widest since the Roaring '20s. Obama complains that it's unfair, but a growing chorus of economists and sociologists say it's worse than that.
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Toddlers to tweens: relearning how to play
Children's play is threatened, say experts who advise that kids – from toddlers to tweens – should be relearning how to play. Roughhousing and fantasy feed development.
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2012 economic outlook: What's in store for next year?
With the housing market and auto sales showing some signs of life, pundits predict a better economy for 2012. But the ripple from a European downturn could erode the economic pace in the US.
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Retailers gearing up for big pre-Christmas shopping in next two days
Fathers and other pre-Christmas procrastinators are expected to hit the stores in force on Friday, kicking off a calendar-enhanced flurry of holiday shopping that should warm retailers' hearts.
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So how did that happen? Unemployment rate dives to 8.6 percent.
Why did the unemployment rate drop so much? There are good reasons and bad. While the economy is in fact adding jobs, it is also true that many Americans may have given up looking.
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Unemployment rate falls. Job gains ease fears of new recession.
The unemployment rate fell to 8.6 percent last month, down from 9 percent. It's the latest sign that the US economy is steering clear of a new recession. Still, pitfalls linger.
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Cyber Monday deals 2011: six tips to nab them
Cyber Monday deals 2011 will come fast and furious. Here are six ways to ensure you'll get great Cyber Monday deals in 2011.
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So far, Black Friday seems to be bustling. Is the economy improving?
Black Friday weekend may give economists a snapshot of how shoppers are feeling going into the holiday season. Even though some consumer numbers are sluggish, Americans may spend when they hit the malls.
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US economy grew at 2.5%. Will that quiet talk of a double dip?
Growth rate for the US economy was 2.5 percent in the third quarter, the government reported. That's an improvement over the first half of 2011, when concerns escalated about a double dip recession.
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Annual PPI: Wholesale prices rose in September
Annual PPI – a gauge of wholesale prices – rises to 6.9 percent. But without energy and food, core annual PPI up only 2.5 percent.
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Herman Cain: Who came up with the 999 plan?
With Herman Cain now a GOP front-runner in some polls, DCDecoder offers a four-point primer on Cain's 999 plan.
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Herman Cain's '999 plan': long overdue tax reform or job killer?
Herman Cain's political star is lately on the rise, thanks in no small part to the persistent marketing of his '9-9-9 plan' to reform the tax code. Independent economists say the plan takes us into uncharted territory.
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Stocks tumble as worries about global recession grow
At about noon Thursday, the Dow Jones Industrial Average was off 370 points, or 3.3 percent. On Wednesday, the Federal Reserve said 'there are significant downside risks to the economic outlook.'
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Eurozone debt: Grave threat to US economy or imaginary boogeyman?
Under grimmest scenario, debt-burdened Greece, Ireland, Italy, and Spain can't pay what they owe to Eurozone banks, which then stumble, causing US banks to falter, too. But US banking system is stronger now, and regulators are more vigilant, say optimists.
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Stock market volatility: Dow jumps on jobs report, plunges, then rises again
Stock market gains early Friday morning were wiped out by noon, before another rally ensued. A better-than-expected jobs report gave some analysts hope that another recession could be averted.
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What could happen to the global economy if US defaults
Some private economists see devastating effects, such as stock markets plunging. But other economists don't envision such a scenario, suggesting that the Fed, for example, may step in.
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Economic bright spot: bargain-hunting foreigners flocking to US
The dollar has taken a beating, but that makes America an attractive destination for foreigners looking for bargain vacations. It's a boon for the US tourist industry and travel-related jobs.
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If debt ceiling talks yield no deal, how bad for US economy?
Higher interest rates. No money for things like highways, federal workers, defense contractors, food stamps. Return to recession. That's what most economists see as inevitable if national debt ceiling is not raised.
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