Upbeat White House Report Points To More Jobs, Higher Wages
But this year's assessment from the Council of Economic Advisers also notes that slow growth in countries such as China has limited demand for U.S. exports.
Economy
Why Money Is Pouring Out Of China
Despite an uptick this week, the value of China's currency has been sliding since August. What does all this mean for China's slowing growth and the global economy?
Should Porn Stars Use Condoms? California Grapples With Regulation
"We're talking about gloves, full body cover and goggles," says a porn industry executive of the California proposal to require condom use on the set. Proponents say it's about workplace safety.
He Led The Financial Bailout But Says Banks Are Still Too Big To Fail
Despite changes after the 2008 financial crisis, Neel Kashkari, one of the leading figures in the federal bailout, says major banks are still at risk. "I don't think we've gone far enough," he says.
FCC Wants To Force Cable Companies, And Their Set-Top Boxes, To Adapt
A proposal being launched Thursday could result in boxes that subscribers could buy, not just rent, and that could provide streaming online content alongside traditional cable channels.
Wal-Mart Had A Tough Year, But Workers And Shoppers Got A Boost
Wal-Mart's sales and profits took hits last year as the company closed stores, raised wages, cut prices and sweated out a warm December. But those same factors helped workers and shoppers.
ITG Brands Plans Production Layoffs
Layoffs are expected at ITG Brands, the company that bought Lorillard's cigarette production plant last year. ITG won't say how many jobs will be cut, or give a timeline.
Iran To Countries Capping Oil Output: Good For You! But Not For Us
Iran applauded the effort led by Saudi Arabia and Russia to freeze oil production at January levels. But it would not commit itself to participating in plans to cap oil output to drive up prices.
Top Wonks Take Aim At Sanders Economic Estimates
Top economists are questioning the Sanders economic agenda. So do their opinions make a difference?
From The Ashes Of Some Coal Plants, New Energy Rises
For decades, coal was king of electricity generation in the U.S., but that's changing. Across the country, coal power plants are being replaced with generators that run on cleaner burning natural gas.