U.S. Economy

Wall Street : Burning Question
In his first interview since publicly resigning from Goldman Sachs, Greg Smith tells Anderson Cooper on 60 Minutes that he hoped the op-ed would be a wake-up call.

Why I Left Goldman Sachs: Is the bank's most famous quitter a con man?

Greg Smith famously left the investment bank with guns blazing. But his new book reportedly fails to back up his provocative claims

The U.S. Recovery : The Bullpen
Matt K. Lewis

Matt K. Lewis: The incredible shrinking manufacturing sector

President Obama has an unexpectedly frank message for blue-collar workers: Kiss your jobs goodbye

Wall Street : Opinion Brief
Vikriam Pandit's abrupt resignation from Citigroup may be an opportunity for the mega-bank to slim down.

Vikram Pandit's resignation: Time to break up Citigroup?

Investors are sending a message to the mega-bank: Become smaller and leaner

Unemployed in America : Controversy
The young, unemployed woman behind the "binders full of women" tumblr has already been contacted about several jobs.

The unemployed 23-year-old behind the 'binders full of women' meme

Veronica De Souza was laid off mere hours before the debate between Mitt Romney and President Obama, but she's certainly high-profile now

Unemployed in America : Opinion Brief
A new employment report suggests that even more people are back on the job than previously thought.

Has the jobless rate actually collapsed to 7.3 percent?

Skeptics accused the Obama administration of cooking unemployment data when the rate dropped to 7.8 percent. Now Gallup says it's even lower

Wall Street : Analysis
Citigroup CEO Vikram Pandit's abrupt resignation comes just a day after the banking giant reported a better-than-expected quarterly profit.

Citigroup CEO Vikram Pandit's sudden resignation: 4 takeaways

Pandit takes Wall Street by surprise, and leaves puzzled investors guessing about his motives

The U.S. Recovery : In-depth briefing
No country currently backs its currency with gold, but many have in the past — including the U.S.

Everything you need to know about the gold standard

Some Tea Party activists are calling for a return to the gold standard. How would it affect the economy?

Unemployed in America : Twitter Take
Former GE CEO Jack Welch in 2009: The business titan claims the positive September jobs numbers are a politically-motivated ploy.

'Jobs report truthers': The conspiracy theorists who claim the unemployment report is bogus

Watch out, birthers. There's another wild theory taking hold of the internet — and it's already won the endorsement of Jack Welch

Unemployed in America : The List
President Obama must be smiling today: For the first time in his presidency, the unemployment rate is as low was it was the month he took office.

The unexpectedly positive September jobs report: 4 takeaways

The unemployment rate falls below 8 percent for the first time in 44 months. Will that change the debate between President Obama and Mitt Romney?

Working in America : Burning Question
Being bald, as opposed to having thin hair, is perceived to be more masculine thanks to Hollywood alpha males like Bruce Willis.

Does a shaved head give you an advantage in corporate America?

A new study says men who've buzzed off their hair are perceived to be more masculine and dominant. And people think they can bench-press more, too

Unemployed in America : The List
A San Francisco clothing store hunts for new workers: Since President Obama took office, the U.S. economy has added 125,000 more jobs than it has lost.

America's unexpected addition of 386,000 more jobs: 4 takeaways

The feds revise a year's worth of jobs numbers, and for the first time, we can definitively say that more jobs have been created than lost on Obama's watch

The Tax Battle : Instant Guide
Many of Mitt Romney's fellow Republicans, including one Ronald Reagan, have long supported government programs to offer tax credits to low-income families.

The 47 percent debate: Do tax credits encourage the poor to work?

Mitt Romney says 47 percent of Americans are "dependent on the government." But the tax code is at least meant to help poor families become financially independent

The U.S. Recovery : Opinion Brief
With the economy sputtering and unemployment at an uncomfortably high 8.1 percent, the Fed is stepping in. That's "further confirmation that President Obama's policies have not worked," says Mitt Romney.

The Fed's stimulus program: Proof Obama has failed?

The central bank is taking aggressive steps to boost the lackluster economy, and Republicans say it only underscores Obama's poor economic stewardship

The U.S. Recovery : The List
On Sept. 13, Federal Reserve Chairman Ben Bernanke made the jargon-laced announcement everyone (in the financial world) had been waiting for: The Fed will embark on a new round of economic stimulus through quantitative easing.

The Fed's big new stimulus program: 6 takeaways

The central bank pleasantly surprises global markets with an aggressive program to lower the unemployment rate and boost the sluggish U.S. economy

The U.S. Recovery : Instant Guide
People wait in line for the iPhone 4 in New York City in 2010: If Apple sells 8 million iPhone 5s by the end of 2012, it would boost GDP by one-third of a percentage point, analysts say.

How the iPhone 5 could juice the U.S. economy

The feverishly anticipated new smartphone will likely fly off shelves by the millions, acting as a veritable stimulus program. In your face, Fed?

The U.S. Recovery : The Bullpen
Paul Brandus

Paul Brandus: You are better off than you were four years ago

The question isn't whether things were better in 2008. They weren't. The question is whether Obama handled an unprecedented economic crisis competently or not

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