U.S. Business

President Obama talks up his jobs plan at the construction site of a new Intel plant in Arizona: The U.S. economy unexpectedly gained a whopping 243,000 jobs in January.

The 'unequivocally strong' January jobs report

Employers go on an unexpected hiring spree in January, pushing the unemployment rate to its lowest point in three years. But is all the news good?

11 Comments
Congressional Budget Office Director Doug Elmendorf during Senate hearings last year: The CBO has released grim new predictions for the U.S. economy.

Is D.C.'s deficit obsession undermining the economic recovery?

A new report forecasts sky-high deficits for years without immediate, tough cuts — but alternative approaches are just as troubling

9 Comments
On Wednesday, President Obama announced that he wouldn't approve construction of the controversial Keystone XL pipeline, which would carry Canadian oil to the Texas Gulf Coast.

Obama's rejection of the Keystone pipeline: Winners and losers

Republicans all but dared the president to say no to a big Canada-to-Texas pipeline project, and Obama took the bait. A look at the fallout

24 Comments
6 strange Disney-branded products: A slideshow

6 strange Disney-branded products: A slideshow

From social networking sites to real estate, the House of Mouse proves it's not just retailing for kids

Iranian Navy conducts war-games in the Strait of Hormuz: Military tensions combined with the threat to shut the strategically important passage could drive oil prices up further.

Will Iran's oil threat lead to $5 gas?

Tensions over Tehran's nuclear program have upset the already volatile oil market, and analysts worry that Iran will keep pushing up prices at the pump

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Pat Buchanan: The ultra-conservative and one-time Republican presidential candidate has been notably absent from his MSNBC post.

Did MSNBC fire Pat Buchanan?

The uber-conservative and MSNBC pundit hasn't been on air since publishing his incendiary new book — and may not be back at all

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Temporary construction on Philadelphia's Citizens Bank Park: In December, the construction industry added jobs for the first time since 2006.

The 'heartening' December jobs report: 5 takeaways

The feds announce that 200,000 jobs were added to the economy last month, surpassing forecasts and adding momentum to the economic recovery

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The rise and fall of Kodak: A slideshow

The 131-year-old film and camera manufacturer was one of the companies that defined America. Now, it's preparing to file for bankruptcy

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Once again, Keith Olbermann is feuding with his employer, this time slamming Current TV for its "unacceptable"  working conditions.

Is Keith Olbermann on the way out at Current TV?

The notoriously combative Countdown host feuds with yet another network, sparking speculation that he'll bow out of his $10-million-per-year contract

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Former PayPal president Scott Thompson is Yahoo's new CEO, but puzzled critics question whether he's got the right experience for the job.

Did Yahoo pick the wrong new CEO?

The flailing internet giant taps PayPal's Scott Thompson, but many wonder if he's any more up to the challenge than failed former CEO Carol Bartz

Ground corn in a grain truck at an ethanol production plant: A federal tax credit that encouraged domestic production of ethanol ended as 2012 began.

Will ethanol survive without government subsidies?

After more than three decades, a once-sacrosanct tax credit dies a quiet death, putting the future of a controversial alternative fuel in doubt

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Rupert Murdoch just joined Twitter on Dec. 31, 2011, and already he's inspiring controversy by tweeting that Brits have too many holidays for a financially-struggling nation.

Rupert Murdoch's 'smashing start' on Twitter

The controversial media mogul quickly collects tens of thousands of followers — but not without a few hiccups

According to critics, "Oprah's Next Chapter" finds the "master interviewer" back on her game, no longer "um-hmming" robotically.

Oprah's Next Chapter: Will Winfrey's bid to save OWN work?

The former Queen of Daytime is back in front of the camera in a new reality series on her struggling cable network

QVC reports a growing trend in tipsy online shopping, and retailers are already looking for ways to make money off alcohol-fueled consumers.

The rise of the drunken shopper

More and more consumers are hitting up eBay and QVC after a few drinks, and e-retailers are finding ways to take advantage of shoppers' compromised states

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Traders on the floor of the NYSE: Our currency economic crisis has some troubling historic parallels with the "Long Depression" that began afflicting America in the 1870s.

Are we at the beginning of a 25-year recession?

The world economy faced a similar slump in the 19th Century. And it wasn't pretty

29 Comments

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A Madagascar hissing cockroach named after your valentine — and more in our collection of bizarrely elite consumer products