More than half of office workers with Internet access will shop for gifts from work this holiday season, according to a recent survey. ...more

December 3, 2007

The deteriorating housing market forced the White House to lower its projection for economic growth next year and raise its forecast for unemployment. Inflation is expected to moderate. ...more

November 30, 2007

Perhaps this is the last time Wayne Poston and Bill Evers will share the same political stage, but the curtain has not yet fallen. ...more

November 29, 2007

The world's poorest people are not seeing the benefits of a global poverty rate decline driven by Asia's economic growth over the past two decades, a report released today said. ...more

November 7, 2007

The Federal Reserve sliced an important interest rate Wednesday - its second reduction in the last six weeks - to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months. ...more

November 1, 2007

The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they will deal with the crisis, although another interest rate cut could come this week. ...more

October 30, 2007

The global economy should grow soundly this year and next, but the persistence of a credit crunch that has unnerved financial markets worldwide could throw a wrench in the works. ...more

October 18, 2007

The 2.3 percent cost-of-living increase announced Wednesday by the Social Security Administration is the smallest increase in four years. And many retirees will face the probability of using the extra money to cover higher costs for gasoline, food and medical care. The increase is a full percentage point lower than the 3.3 percent adjustment for 2007. ...more

October 18, 2007

For the first time in more than four years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit crunch from driving the economy into a recession. ...more

September 17, 2007

Minority borrowers received higher-cost mortgages more frequently than whites when they refinanced their homes last year, continuing a trend of racial disparities in home-loan rates, the Federal Reserve said. ...more

September 13, 2007