ECONOMY

Like many beginning farmers, Grant Curtis wants to invest in his operation, but expectations of low prices are tying his hands.

Cheap Crops Mean Tight Times For Midwest's Fledgling Farmers

6:18pm December 10, 2014

by Abby Wendle

Recent years were a good time to invest for beginning farmers, who run a quarter of U.S. farms. But with some crop prices crashing, paying back debts may require hard conversations and delayed dreams.

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Stocks Are Battered As Oil Hits Another 5-Year Low

6:07pm December 10, 2014

by Krishnadev Calamur

Oil prices have fallen 40 percent over the past six months. OPEC, which is holding production levels steady, said today it expected lower global demand for oil next year.

Detroit's Bankruptcy Is Over, Michigan's Governor Says

1:59pm December 10, 2014

by Krishnadev Calamur

The city's bankruptcy, the largest municipal bankruptcy in U.S. history, will end at 12:01 a.m. ET Thursday, Gov. Rick Snyder said. The city filed for bankruptcy on July 18, 2013.

Supreme Court Rules Employers Are Not Required To Pay For Security Time

5:03pm December 09, 2014

by Nina Totenberg

The decision is a major victory for retail enterprises and manufacturing businesses that could have been on the hook for billions of dollars in back pay for time spent in security screenings.

Thomas Harden of Chicago pumps gas into his truck. He says he wouldn't support a gas tax increase.

GOP Leaders: Gas Tax Hike Could Fuel Fixes To Bad Roads And Bridges

1:57pm December 09, 2014

by David Schaper

Several states, including those led by Republicans, aren't waiting for Congress to shore up the federal highway trust fund and help pay for repairing worn out infrastructure.

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Protesters of varied stripes and political affiliations gathered outside the Office of the U.S. Trade Representative where negotiators from 12 nations were meeting to discuss the Trans-Pacific Partnership.

Some Liberals And Tea Partiers Unite To Oppose Trade Deals

6:15pm December 08, 2014

by Marilyn Geewax

President Obama is pushing for massive trade deals with Asian and European nations. Critics say the trade negotiations, which are conducted in private, aren't facing enough scrutiny.

Labor Secretary: Job Growth Is Good, But Wages Need Help

6:30pm December 05, 2014

Melissa Block speaks with Labor Secretary Thomas Perez about the latest jobs numbers and the persistent problem of wage stagnation.

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2014: The Year When The Job Market Finally Turned The Corner

4:23pm December 05, 2014

by Marilyn Geewax

Seven years after the Great Recession began, the U.S. job market finally is growing at a robust pace. In November, employers added 321,000 workers, raised wages and extended the average workweek.

A sculpture of oil workers in Caracas, Venezuela. The country is heavily dependent on oil exports, and falling oil prices have had a ripple effect on the country's already troubled economy.

For World's Oil Exporters, Falling Prices Have A Domino Effect

1:07pm December 05, 2014

by Jackie Northam

Falling oil prices have been good news for the U.S. But they're causing multiple problems for some exporters. Government budgets are strained. Economies are struggling. Currencies are crashing.

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The number of jobs added each month, dating back to 2004.

Economy

Economy Adds 321,000 Jobs In November, Unemployment Holds Steady

10:14am December 05, 2014

by Eyder Peralta

The U.S. economy continued to chug along at a moderate pace last month. The number of unemployed Americans remained at around 9 million, according to the Bureau of Labor Statistics.