Slowly, Americans are regaining their lost wealth (AP)

AP - Americans are recovering their shrunken wealth — gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight. And it was less than in the previous two quarters.  Read More →

Audio: Poverty, Reconsidered

03-11-2010 Ever since economists started trying to keep tabs on poverty, they’ve done so by measuring income…. …  Read More →

Citigroup CEO says bank on path to profitability (AP)

AP - Citigroup Inc. says it’s heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.  Read More →

Democrats, Under Pressure, Look to Cut Benefits From Student-Loan Bill

03-11-2010 Updated: 4:43 p.m., U.S. Eastern time Congressional Democrats have begun private discussions on cutting down their $87-billion student-loan bill, largely accepting the political reality forced by new estimates of the legislation’s cost and savings. The talks began in recent days, after... 

Obama: Greece, facing bad days, has US as ally (AP)

AP - President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece’s enormous debts sparked frenzied trading.  Read More →

Job openings up sharply in January to 2.7M (AP)

AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.  Read More →

College Students Agree With Other Young Adults: The Economy Hurts

03-09-2010 More than half of young adults, including college students, are worried about their current economic situation, and many do not approve of President Obama’s handling of the economy, according to the results of a recent survey. A report on the findings, “Survey of Young Americans’... 

Grassley: Colleges’ Endowment Spending Is Still on the Front Burner

03-09-2010 Since 2007, U.S. Sen. Charles E. Grassley, an Iowa Republican, has used Congressional hearings and other means to raise questions about endowment spending by colleges. While he’s not now pressing for legislation for a mandatory payout, in an interview last week with The Chronicle, Senator... 

ABC restored to 3.1M customers after Oscars begin (AP)

AP - Cablevision’s 3.1 million subscribers in New York, New Jersey and Connecticut had their access to the Academy Awards telecast restored Sunday night after the cable operator reached a deal with ABC’s parent company in a dispute over fees.  Read More →

STIMULUS WATCH: Less stimulus for minority firms (AP)

AP - Hispanic and black businesses are receiving a disproportionately small number of federal stimulus contracts, creating a rising chorus of demands for the Obama administration to be more inclusive and more closely track who receives government-financed work.  Read More →

« Previous Entries