Economic news - CNNMoney.com
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Senate jobs bill: What's missing
Senate Democrats' draft plan for job creation, circulated Tuesday, contains a couple of employment measures and a lot of leftover business.
Dubai selling off Queen Elizabeth 2?
Dubai is reportedly preparing to sell a host of assets, including one of the world's best known cruise ships, as the emirate's investment arm looks to restructure a mountain of debt.
High-speed rail: Skipping your town
Most of the $8 billion in high-speed rail funds that President Obama awarded last month will not be used for high-speed projects, but rather to improvements designed to make existing lines faster.
Getting a job just got a little easier
With 14.8 million people out of work, competition for new jobs is easing ever so slightly, according to a government report released Tuesday.
Unemployment taxes slam businesses
Employers are getting hit with a massive tax hike at a time when they can least afford it.
Washington's bonus tax fantasy
The government's plan to tax Wall Street's bonus bounty is shaping up to be nothing more than a pipe dream.
Obama's small business plans: Where they stand
President Obama has been talking -- a lot -- about what Washington needs to do to help save small businesses. Over the past week, he's introduced a half-dozen different initiatives aimed at unlocking credit, creating jobs and expanding the Small Business Administration's loan programs.
VAT Trap: The inevitable fix for the deficit
The gigantic deficits the Administration is projecting are appalling, and they provide a chilling look at our future: America is hurtling towards a fiscal trap that is forcing us into the only option we'll have to restore budgetary sanity: A Value-Added Tax.
The 401(k) match is back!
Employees who took a hit on their savings last year might finally be in for some welcome news: Companies are stepping up efforts to help them save more for retirement.
For L3C companies, profit isn't the point
When organic dairy farmer Vaughn Chase received a letter informing him that processor H. P. Hood would no longer be taking his milk, he feared he'd be forced out of business.
Alan Greenspan fights back
When the Senate grudgingly reconfirmed Ben Bernanke as Fed chairman two days before his term expired, he was only a stand-in for the man 30 senators were really mad at. "I knew that he would continue the legacy of Alan Greenspan, and I was right," said an angry Jim Bunning, a conservative Republican from Kentucky who voted no. Fumed Bernie Sanders of Vermont, the Senate's only (admitted) socialist: "He said it publicly -- I want to follow in the footsteps of Alan Greenspan. Alan Greenspan's philosophy is a disaster." Jeff Merkley (D-Ore.) said Bernanke "helped set the fire that destroyed our economy." Only helped, that is -- and we all know whom he helped.
No Senate deal on consumer financial protection
The fate of a consumer financial protection agency was thrown in doubt Friday, as the Senate Banking Committee chief said he planned to push a bill forward without Republican support.
Goldman's Blankfein collects $9 million bonus
Goldman Sachs stunned many in the Wall Street community Friday by awarding chief executive Lloyd Blankfein $9 million as his year-end bonus, far less than many were anticipating, and none of it in cash.
Job Growth
March 5
GDP
Feb. 26
Home Prices
Feb. 23
Inflation (CPI)
Feb. 19
Retail Sales
Feb. 11
Consumer Confidence
Jan. 26
