World News Center
Obama's bridge, train and road fix
September 8, 2010Government transportation spending is full of costly boondoggles.
Fed sees 'widespread signs of deceleration'
September 8, 2010The economy continued to grow at a sluggish pace through the summer months, although there are now "widespread signs of deceleration," the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.
The nearly forgotten Mariner explosion is just as bad as the BP oil spill
September 8, 2010It's never a good time for an oil rig to blow up in the Gulf of Mexico, but Mariner Energy's Vermillion 380 platform couldn't have gone off at a worse time. The government and the media were already scrutinizing offshore drill production in an unprecedented way. Thirteen unlucky workers were ejected off of Vermillion into the water last week. And Mariner inadvertently became the latest part of a national political debate about the safety of offshore drilling.
Do unemployment checks keep the jobless at home?
September 8, 2010Does allowing the jobless to get nearly two-years of unemployment checks give them an incentive to not work?
Boehner unveils his own plan to aid economy
September 8, 2010House Minority Leader John Boehner outlined a plan to bolster the economy on Wednesday, hours ahead of President Obama's scheduled speech unveiling a $350 billion job-boosting proposal.
Obama's jobs pitch fails to dazzle Washington
September 8, 2010President Obama's latest round of job-bolstering proposals boasts something for everyone: corporate tax breaks for conservatives and spending on roads and railways for liberals. Yet he's having a hard time getting everyone on board.
What people forget about Reagan
September 8, 2010Those who oppose higher taxes and are fed up with record levels of U.S. debt may pine for Ronald Reagan, the patron saint of lower taxes and smaller government.
Why carmakers aren't coming back anytime soon
September 8, 2010With the home stretch in sight, 2010 is shaping up to be a weaker U.S. auto market than predicted, probably closer to 11.5 million new-vehicle deliveries, rather than the 12 million that automakers and forecasters had figured - and hoped - would be sold.
What peak oil? Why an oil glut is ahead
September 8, 2010In May, less than a month after the blowout of the Deepwater Horizon oil rig in the Gulf of Mexico, a key milestone was achieved with little notice: Total U.S. supplies of petroleum and products refined from it (including the Strategic Petroleum Reserve) surpassed 1.8 billion barrels, reaching the highest level in the last 20 years. Since then the total has continued to edge upward, hitting 1.87 billion barrels in the week ended August 27, according to the Energy Information Administration.
Oil fears slam one beach, but spare another
September 8, 2010It's Florida's reputation that's stained - not its beaches. But some cities along Florida's panhandle are faring better than others.
