U.S. Economy

topics in U.S. Economy

The U.S. Recovery : By the numbers
In 2010, Viacom CEO Philippe Dauman pocketed $84.5 million for 9 months work,  according to a recent report.

The 'enraging' salaries of America's top execs: By the numbers

Corporate bigwigs like Viacom CEO Philippe Dauman got big pay raises from 2009 to 2010. The rest of us, not so much  

 
The U.S. Recovery : Opinion Brief
Job seekers at a California employment fair in June 2011: President Obama's 2009 economic stimulus created or saved up to 3.6 million jobs, according to the White House.

Is the stimulus creating jobs, or killing them?

The president's critics pounce on a new report from White House economists — claiming that it proves the $821 billion stimulus was a giant waste of money

 
Bankrupt USA : By the numbers
Downtown Harlingen, Texas: Good luck trying to find a decent high-end restaurant in America's "cheapest" city.

The cheapest place to live in America: By the numbers

You can buy a loaf of bread for less than $1 in Harlingen, Texas. But the struggling city also has one of the nation's highest poverty rates

 
Bankrupt USA : Instant Guide
Some 9.3 million cars are rocking personalized license plates, including this classic Ohio plate.

The solution to states' budget woes: Vanity license plates?

A Texas driver was willing to pay $3,000 for "AMERICA" plates, suggesting a potentially lucrative new revenue source for cash-strapped states

 
The U.S. Recovery : The List
House Speaker John Boehner (R-Ohio) and Republicans have been heard: A majority of Americans agree that cutting taxes and spending will lead to job growth.

How the GOP won the economic spin war: 3 theories

A majority of Americans buy the GOP's claims that slashing spending would strengthen the fragile recovery — even if many economists disagree

 
Bush Tax Cuts : Opinion Brief
George W. Bush signed his first round of tax cuts into law on June 7, 2001, and a decade later, people are still debating whether or not they were a "colossal failure."

The Bush tax cuts turn 10: Were they a 'colossal failure'?

The unemployment rate is stubbornly high, the national debt is ballooning, and many Americans are despondent over their finances. Are the Bush tax cuts to blame?

 
The U.S. Recovery : Opinion Brief
The economy keeps sputtering, and Americans are faulting President Obama for its stagnation, while the president says he inherited these problems from George W. Bush.

The stalling economy: Obama's fault, or Bush's?

The Obama White House is still trying to push some of the blame for the lousy economy onto the previous administration. Is it too late for that?

 
Bankrupt USA : Opinion Brief
President Obama defended the auto bailout last Friday while speaking at an Ohio Chrysler plant, but some of his claims are being called into question.

President Obama's auto bailout claims: 'Phony accounting'?

The Washington Post fact-checks the president's recent speech about Chrysler's bailout repayments, and takes issue with... almost all of it

 
The U.S. Recovery : Opinion Brief
A high unemployment rate and a dismal housing market have experts concerned that the U.S. may be headed toward a Depression-like disaster.

Could we still face another Great Depression?

Scary housing and unemployment numbers have some economists fearing the worst... again

 
Unemployed in America : The List
Los Angeles job seekers grab applications from potential employers during a job fair: May's 9.1 percent unemployment figure has politicos pointing fingers.

The 'gruesome' 9.1 percent unemployment rate: Who's to blame?

The Labor Department delivers an economic "punch to the gut" of the nation — a disheartening jobs report that spurs a frenzied round of finger pointing

 
The U.S. Recovery : Opinion Brief
A Chrysler assembly worker sports a pin labeled "PAID" on his Detroit T-shirt: The automaker announced last week that it had repaid its remaining $5.9 billion federal loan.

Was the Detroit bailout a mistake?

Team Obama is celebrating the success of its auto industry rescue, even though $14 billion of the $80 billion in bailout cash probably won't be paid back

 
The Tax Battle : Analysis
Tea Party members rally outside the U.S. Capitol in April: Despite a growing cry for cutting taxes, some experts say federal taxes are at their lowest rate in six decades.

Are taxes actually too low?

Many Americans routinely insist that taxes are too high. But by some measures, they are at their lowest rate in decades

 
Wall Street : Opinion Brief
Farmville's wild popularity on Facebook, along with the recent rash of successful tech IPOs, has reportedly inspired Zynga to file an initial public offering by early June.

Zynga: Is FarmVille's maker the next hot IPO?

Zynga, the company behind hit Facebook games like FarmVille and Mafia Wars, may tap investor demand for anything and everything related to social media

 
Wall Street : Opinion Brief
LinkedIn CEO Jeffrey Wiener at the NYSE opening bell Thursday as the professional social network site goes public boosting its market value to nearly $10 billion.

LinkedIn's 'scorching hot' IPO: Proof of a tech bubble?

The business-focused social network's stock price more than doubled in its first day of trading — prompting some dubious exuberance

 
Bankrupt USA : By the numbers
Will the country's smallest Post Office survive the U.S. Postal Service's major budget cuts? The indebted government agency said it will close 2,000 locations.

The Post Office's 'dire financial straits': By the numbers

Beset by dwindling business and huge losses, the U.S. Postal Service has warned that it could become insolvent unless Congress extends a helping hand

 
Wall Street : Forecast
Galleon Group founder Raj Rajaratnam leaves court in New York Wednesday after being found guilty on 14 charges of securities fraud and conspiracy.

Galleon's Raj Rajaratnam guilty of insider trading: 3 repercussions

In one of the government's biggest insider trading cases ever, a hedge fund billionaire is convicted on 14 counts of securities fraud and conspiracy

 

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Lauren Odes

A lingerie store fires a staffer for being too buxom — and more in our collection of strange revelations about the nation

Can you guess what's really going on in these bizarre photos?

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