Economic news - CNNMoney.com


    Fed rage boils over on Capitol Hill
    Federal Reserve Chairman Ben Bernanke has a tough road ahead.

    Economists bullish -- but not about jobs
    Despite rising fears of the U.S. falling into another recession, a survey of top economists found them more optimistic about growth in the fourth quarter of this year and throughout 2010. But job seekers will have to wait a little longer for employers to start hiring again.

    Senate tax hike misses the mark
    The health care bill that faces a crucial test vote in the Senate on Saturday is proof that getting reform passed and getting it right are two very different things.

    What Congress has in store for the Fed
    More than a year after the financial meltdown of 2008, Congress is moving forward on plans to drastically curtail the power of the Federal Reserve.

    FDIC announces 124th bank failure
    State regulators shuttered Commerce Bank of Southwest Florida in Fort Myers, Fla., Friday night, bringing the 2009 national tally to 124.

    Dirty secrets of Black Friday 'doorbusters'
    Here's a Black Friday reality check: Of the hordes of pre-dawn shoppers who line up for hours outside stores on the day after Thanksgiving, most will not bag the best bargains that appear in merchants' circulars.

    Poll: More blame Democrats for recession
    Nearly two years into the recession, opinion about which political party is responsible for the severe economic downturn is shifting, according to a new national poll.

    U.S. gas prices dip as drivers cut back
    U.S. average gasoline prices dropped by more than 3 cents per gallon in the past two weeks as the slumping job market takes its toll on consumers, according to a nationwide survey out Sunday.

    How an ex-con landed a job
    Gregory Headley got himself a job.

    Unemployment rates rise in 29 states
    Thirteen states reported unemployment rates above the national average of 10.2% in October, and a growing number reported rising jobless rates, according to a government report released on Friday.

    Has the bailout worked?
    As the Obama administration considers how to approach the next phase of the $700 billion financial bailout, questions are being raised on Capitol Hill about whether it is helping the economy.

    $4.8 trillion - Interest on U.S. debt
    Here's a new way to think about the U.S. government's epic borrowing: More than half of the $9 trillion in debt that Uncle Sam is expected to build up over the next decade will be interest.

    Jobless claims hold at 10-month low
    The number of first-time filers for unemployment insurance was unchanged last week, holding at the lowest level since January, said a government report released Thursday.

    Inflation (CPI)
    Dec. 16

    Retail Sales
    Dec. 11

    Jobs
    Dec. 4

    Manufacturing (ISM)
    Dec. 1

    Consumer Confidence
    Nov. 24