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World News Center

Consumers not spending like drunken sailors

July 31, 2010

The economy is heading nowhere fast. That's the bad news. But the good news is that it still seems like consumers may have actually learned a lesson or two about reckless fiscal behavior.

U.S. recovery sputters

July 31, 2010

The U.S. economy continued to grow during the second quarter, the government reported Friday. But the pace slowed more than economists were expecting, raising concern about growth - or even another recession - in the months ahead.

Pay gap persists for African-Americans

July 31, 2010

African-American workers continue to earn far less than whites, according to statistics released by the U.S. Census Bureau.

China says it tops Japan as No. 2 economy

July 31, 2010

China has surpassed Japan to become the world's second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday.

States go deeper into debt

July 31, 2010

The states are broke, and like many consumers, they're borrowing big time to get out of their fiscal binds.

What's so scary about Elizabeth Warren?

July 31, 2010

Elizabeth Warren doesn't look or sound scary. She's a 61-year-old Harvard Law School professor from Oklahoma who has written personal finance books, some with her daughter.

Jobless claims slide in latest week

July 31, 2010

The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday.

New Wall Street rules pit SEC vs. the media

July 31, 2010

One of Wall Street reform's littlest known provisions is getting big attention for giving a government agency a possible loophole for avoiding journalists' requests for information.

Building your brand (and keeping your job)

July 31, 2010

Scott Monty's personal brand doesn't take a back seat to anyone else's -- not even that of Ford Motor Co., his employer. "I'm not somebody who can be accused of using Ford's brand to benefit my own," says Monty, the car giant's first global digital and multimedia communications manager. "If anything, the opposite is true."

Obama vs. Big Business

July 31, 2010

Corporate chiefs may seem hardboiled, but they can be sensitive, too. Take the ruckus they've been raising over what they perceive to be rough treatment from the Obama White House.

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