ECONOMY

Economy

Despite Some Clouds, U.S. Economic Forecast Looks Sunny

3:25pm December 24, 2014

Data indicate the U.S. economy grew at an impressive 5 percent rate in the third quarter. The stock market hit another record on Tuesday. David Greene talks David Wessel of the Brookings Institution.

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The Year In Air Travel: Packed Planes And More Perks — For A Price

10:37am December 24, 2014

by David Schaper

Commercial airlines earned nearly $20 billion in profits this year. They're using the cash to buy new planes, update facilities and add amenities — but not all of those new comforts will be free.

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Lower Oil Prices Drain Value Of Russians' Money

8:02am December 24, 2014

by Corey Flintoff

In Russia, they are not celebrating lower oil prices. The price of oil could mean the difference between prosperity and recession. The ruble has lost about 45 percent of its value this year.

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GDP Growth At Highest Level Since 2003

7:03pm December 23, 2014

by Yuki Noguchi

The economy expanded at a 5 percent seasonally adjusted rate during the third quarter. The U.S. economy is coming back strong even as the rest of the world slows down.

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Economy

A Year Later, Delivery Services Up Their Holiday Game

5:12pm December 23, 2014

by Yuki Noguchi

As shoppers rely more on the Internet, the holiday rush at the mall is giving way to a bigger crush for the shipping industry. UPS and FedEx are trying to avoid last year's holiday delivery disasters.

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James Franco (left) and Seth Rogen, stars of The Interview, arrive for the film's Los Angeles premiere on Dec. 11. The comedy about a CIA plot to assassinate North Korean leader Kim Jong Un was pulled from theaters after a cyberattack on Sony Pictures, th

The 5 Business Stories That Made 2014 A Memorable Year

3:26pm December 23, 2014

by Marilyn Geewax

From hack attacks to the bottom falling out of oil, 2014 has been a year of big swings at the top and stagnation at the bottom.

U.S. Economy Grew At A 5 Percent Rate; Dow Surpasses 18,000

2:55pm December 23, 2014

by Bill Chappell

Posting the strongest results in more than a decade, the U.S. economy blew past the consensus estimate of 4.3 percent growth put forth by economists surveyed by Bloomberg News.

Many States Now Have $2 Gasoline, Analyst Says

4:21pm December 20, 2014

by Scott Neuman

An analyst from GasBuddy.com says 24 states have at least one station with the price per gallon at $1.99 or less.

The Africa I Know Isn't The Africa In The Headlines Today

7:47am December 20, 2014

by Todd Moss

In 1990, our commentator visited Africa and fell in love with the energy and dreams of its people. Today he sees a land full of promise. But Ebola has revived the image of Africa in chaos.

The "Rusty Radiator" award for most offensive or stereotypical portrayal of the developing world in a fundraising video went to Feed a Child South Africa.

And The Award For Most Offensive Fundraising Video Goes To ...

2:34pm December 19, 2014

by Anders Kelto

If you're a charity that wants to help the developing world, you really, really, really don't want to win a "Rusty Radiator."