The New Economy

11.23.09

Black Friday sales: How deep will the discounts be this year?

Big discounts await shoppers during Black Friday sales the day after Thanksgiving. But later in the season, price cuts are unlikely to be as deep as they were last year.

11.20.09

New Economy cities: Boston is magnet for high-skilled workers

With world-class universities, Boston lures companies eager to tap its high-skilled graduates.

11.20.09

New Economy cities: Houston aims to move beyond the oil age

Houston is banking on its strong ties to the global marketplace and renewable energy to move beyond the oil age.

11.20.09

New Economy cities: Huntsville eyes next launchpad for growth

Heavily reliant on aerospace and defense, Huntsville looks to biotech and other industries for new growth.

11.20.09

New Economy cities: Fort Collins builds on clean tech

As Fort Collins, Colo., moves to become a clean-tech city, its businesses are finding green opportunities from solar cells to engine conversion.

11.20.09

New Economy cities: A Seattle slew of advantages

With a vibrant entrepreneurial climate and deep pool of venture capital, Seattle capitalizes on high-tech, exports, and world health.

11.20.09

The world’s next boom cities

In an age of global commerce and culture, boom cities include Shanghai, China, and Mumbai as well as Istanbul, Turkey, and São Paulo, Brazil.

11.20.09

Five cities that will rise in the New Economy

From Seattle to Huntsville, Ala., five cities are poised to prosper in the New Economy because of exports, innovation, clean technology, and healthcare.

11.19.09

Record 9.6 percent of homeowners are behind on their mortgages

Job losses are driving more mortgage woes, as a record 9.6 percent of homeowners were delinquent in the third quarter, Mortgage Bankers Association reports.

11.18.09

New tale of Detroit’s woe: Pontiac Silverdome sold for $583,000

Pontiac, Mich., sold the 80,300-seat Silverdome for $583,000 Wednesday. The former home of the Detroit Lions cost $55.7 million to build in 1975.

11.18.09

Geithner: Jobs can’t flow without bank loans for small businesses

US 'is committed to doing more' to help expedite flow of bank loans to America's small businesses, Treasury Secretary Geithner pledged Wednesday.

11.18.09

ECONOMIC SCENE: If Obama needs revenue, why not tax corporations’ international profits?

President Obama should channel Monty Python by taxing corporate profits held abroad.

11.18.09

Does US need a second stimulus to create jobs?

With the economy still in rough shape, calls mount for extra infusions of federal money. But critics say the first stimulus hasn't created the jobs it was supposed to.

11.17.09

Why Obama makes little headway balancing US-China trade

China’s growing economic clout and its role as lender to the US means Obama has less leverage to press for changes to US-China trade.

11.12.09

Black Friday 2009 deals: Will Best Buy or online stores win?

Black Friday 2009 deals were being released before even Halloween by giants like Best Buy and Sears. What does this race to low prices mean for companies and consumers?

11.12.09

Obama jobs summit: real help for unemployed, or PR move?

President Obama will host a jobs summit in December to consider strategies for shrinking ranks of the unemployed. What are some options?

11.12.09

America’s ’shadow economy’ is bigger than you think - and growing

The informal, or 'shadow,' economy is as big as $1 trillion. And in poor economic times, it's growing.

11.12.09

ECONOMIC SCENE: Social Security pensioners deserve a $250 ‘raise’

With no COLA adjustment this year, the Obama administration is right to give seniors a $250 boost.

11.11.09

Pew report: nine states join California in facing fiscal crisis

Ten states from Arizona to Oregon now face a fiscal crisis, says a Pew report. Some economists say additional stimulus is needed to soften the economic impact of impending state budget cuts.

11.10.09

Dodd bill aims to simplify the patchwork of bank regulation

Sen. Christopher Dodd introduced a bill in the Senate Banking Committee Tuesday aimed at tightening bank regulation. Critics of the current system say regulators are too cozy with bankers now.

11.10.09

What’s behind rising oil prices?

A weak US dollar has sent investors to oil, pushing up crude prices over the past few months. That means higher gasoline prices this Thanksgiving.

11.10.09

Small business: tight credit makes job creation tough

The economy appears to be turning around, but small business owners say job creation won’t resume until consumers start spending again and credit becomes more available.

11.09.09

Post-Depression first: Americans get more money from government than they give back

For the first time since the 1930s, households are paying less in personal taxes than state and federal governments are paying out through transfer programs like Social Security.

11.06.09

Highest unemployment rate in 26 years: Obama’s jobs challenge

The unemployment rate hit 10.2 percent in October. The news underscored that job creation is the big political imperative for Obama and Congress as 2010 elections loom on the horizon.

11.02.09

Four financial innovations for a new generation

While financial innovation is often associated with nearly toppling the international economic system, some entrepreneurs are preparing a different breed of financial tools.