The layoffs at law firm Weil, Gotshal & Manges show that some companies face a crisis now that the business of cleaning up the financial crisis is over.
The housing bubble, the financial crisis, the dismal jobs reports… The economy the past few years has depleted many pocketbooks — and traumatized many consumers.
GDP is the chief measure of how healthy an economy is doing, but it may not give the most accurate reading. Marketplace's Heidi Moore shares other potential yardsticks.
Some economists are saying consumer spending will push the economy forward. But outgoing Federal Reserve bank president Thomas Hoenig says savings will save the economy in the long term.
You may think they're interchangable terms, but there's a big difference between them. An economist explains the difference and why he thinks we're in a contraction, not a recession.
Washington bureau chief John Dimsdale discusses what President Obama had to say in his speech about the Afghanistan troop withdrawal and looks at the economic impact it might have.