Higher wholesale food prices contributed to a jump in the producer price index in February, the US reported Wednesday. Consumers are likely to see food prices rise at least 4 percent in 2011.
House Republicans are proposing a plan to fund the federal government – and avoid a March 4 government shutdown – for two more weeks to allow budget negotiations to continue.
In the fight for balanced budgets vs. benefits for public employees, what's fair and what's politics?
House Budget Chairman Paul Ryan releases his spending limits for the 2011 House budget. Democrats say the cuts are unconscionable. Some Republicans say they're too small.
Cutting employees, raising taxes, and delaying payments to vendors could slow economic recovery, experts say, but perhaps only slightly.
Pundits predict healthy growth in 2011 and fewer unemployed. But housing and state budgets may struggle.
Gas prices are near $3 a gallon, which is high for the holiday season. Retailers are nervous about the impact on consumer spending, but analysts say prices should start to come down soon.
Mortgage rates increase to 4.61 percent for a 30-year loan, up dramatically from the historic low of 4.17 percent set a month ago.
The short answer is yes. Forecasters anticipate that extending the Bush tax cuts, as well as other measures in the Obama-GOP deal, will breathe life into the economic recovery.
Retailers are opening their doors on Black Friday 2010 to shoppers who appear to be more enthusiastic. But many people are sticking closely to their shopping lists.