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CBS News

Economy

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  1. 1

    Gas prices could drop below $3 a gallon

    by CBS This Morning 81 views

    The national average price for regular gas is $3.24, according to the motor club AAA. The price of gas may fall below $3 in as many as 10 states. Margaret Brennan reports.

  2. 2

    Wall Street soars as consumer confidence slumps: Inside the disconnect

    by CBS This Morning 44 views

    The Dow Jones Industrial Average and the S&P 500 open at new record highs Wednesday, and stocks soared Tuesday, despite the release of a gloomy consumer confidence report. CBS News contributor and analyst Mellody Hobson reports on the apparent disconnect between Wall Street and American consumers.

  3. 3

    What's driving historic year on Wall Street?

    by CBS Evening News 153 views

    The Dow and S&P both closed at all-time highs Tuesday. Corporate earnings continue to be strong, and last month's weak job numbers mean the Fed will likely continue to stimulate the economy. Anthony Mason reports.

  4. 4

    Commerce Dept. reports dip in retail sales

    by CBS This Morning 34 views

    The Commerce Department is reporting retail sales dipped. 0.1 percent in September, due to a sharp drop in auto sales. More people are getting a chance to own Google Glass. Plus, more CBS News MoneyWatch headlines. Gigi Stone reports.

  5. 5

    Gas prices expected to drop nationwide

    by CBS This Morning 75 views

    Gas prices are headed down, with the national average expected to hover around $3.15 by Christmas. Tom Kloza, chief oil analyst for GasBuddy.com, joins "CBS This Morning: Saturday" to with analysis on what's behind the price drop.

  6. 6

    Gas prices drop 13 cents in a month

    by CBS This Morning 42 views

    The national average price for regular gas is $3.34 a gallon according to the motor club AAA. That's a drop of 13 cents from last month and prices are expected to continue to drop through the end of the year. Charlie Rose reports.

  7. 7

    Jobs report shows U.S. continuing to tread water

    by CBS Evening News 110 views

    The jobs report released Tuesday shows 11.3 million people are still out of work, although that has dropped by more than half a million since June. Anthony Mason reports that while the economy is not fragile, it's not robust, either.

  8. 8

    Obama mocks Mitt Romney for calling Ryan budget "marvelous"

    by CBSNewsOnline 40,052 views

    During a speech at the Associated Press luncheon at the ASNE convention on Tuesday, President Obama slammed the House Republican budget, written by Rep. Paul Ryan (R-Wisc.) and mocked Mitt Romney for calling it "marvelous."

  9. 9

    The Early Show - Gas, coffee costs soar up in New Year

    by CBSNewsOnline 58 views

    The New Year has brought new higher prices, from gas to Starbucks coffee. Debbye Turner Bell reports.

  10. 10

    Facebook accepting Citibank rewards points

    by CBSNewsOnline 207 views

    Iran's recent military exercises in the Persian Gulf have sent the price of oil up, Citibank customers can now use their rewards points on Facebook, and the nation's largest cigarette-maker is launching a public relations campaign. Ashley Morrison reports.

  11. 11

    CBS Evening News - Bid to help Europe sends stocks soaring

    by CBSNewsOnline 95 views

    The Federal Reserve is coordinating with central banks in Europe to cut the cost of borrowing dollars and ease the strain on European financial markets. Anthony Mason reports on how long the fix will last.

  12. 12

    S&P downgrades the biggest U.S. banks

    by CBSNewsOnline 283 views

    Private employers added over 200,000 jobs in November, Standard and Poors downgraded the biggest banks in the U.S., and according to a study 35 million Americans despise "having to be nice" around the holidays. Ashley Morrison reports.

  13. 13

    The Early Show - Homeless kids in the "Sunshine State"

    by CBSNewsOnline 1,188 views

    Scott Pelley continues his "60 Minutes" report that looks at the plight of homeless children in Florida. Then, Jeff Glor talks to Beth Davalos, a child welfare advocate who runs Families in Transition - a program that helps homeless students lead more normal and productive lives.

  14. 14

    Hard Times Generation: Families living in cars

    by CBSNewsOnline 99,871 views

    Scott Pelley brings "60 Minutes" cameras back to central Florida to document another form of family homelessness: kids and their parents forced to live in cars.

  15. 15

    CBS News Sunday Morning - America's banks too big to fail?

    by CBSNewsOnline 215 views

    If too few financial institutions control too much of a country's money it could mean trouble. Josh Landis and Mitch Butler of "The Fast Draw" find out what could happen if these few banks grow even larger in size.

  16. 16

    CBS News Sunday Morning - America's banks too big to fail?

    by CBSNewsOnline 215 views

    If too few financial institutions control too much of a country's money it could mean trouble. Josh Landis and Mitch Butler of "The Fast Draw" find out what could happen if these few banks grow even larger in size.

  17. 17

    "Grinch tax" for Xmas trees thrown out

    by CBSNewsOnline 62 views

    A 15-cent fee on Christmas trees an industry group wanted to fund a promotional campaign and that Republicans called a "Grinch tax" has been scrapped.

  18. 18

    Survey finds home foreclosures up

    by CBSNewsOnline 64 views

    A new survey revealed the number of homes in foreclosure jumped dramatically last month as banks began getting their paperwork back in order.. Terrell Brown reports.

  19. 19

    European markets volatile after Dow's worst day in weeks

    by CBSNewsOnline 27 views

    Terrell Brown reports on the world markets, which are volatile due to Europe's debt crisis and heavy losses on Wall Street.

  20. 20

    The Early Show - More Americans exiting major banks

    by CBSNewsOnline 98 views

    Personal finance expert Carmen Wong Ulrich speaks to the "Early Show" anchors about the new trend of "un-banking," in which Americans are moving money to non-bank establishments like Walmart and Target.

  21. 21

    The Early Show - New data shows poverty at an all-time high

    by CBSNewsOnline 485 views

    According to the Census Bureau, poverty in America is at an all-time high. Dean Reynolds reports on the new data, and its impact on the elderly population.

  22. 22

    The Early Show - Homeowners struggling to pay mortgage: report

    by CBSNewsOnline 58 views

    A new report finds more homeowners are struggling to pay their mortgages. Terrell Brown reports.

  23. 23

    The Early Show - Rising vet bills in a tough economy

    by CBSNewsOnline 77 views

    "Early Show" contributor and resident veterinarian, Dr. Debbye Turner Bell, reports on the rising costs of veterinary bills and how families are coping with the medical costs for a treasured member of their family.

  24. 24

    The Early Show - Young, old wealth gap wider than ever

    by CBSNewsOnline 106 views

    New census data released finds the wealth gap between the young and old has never been wider in the U.S. Betty Nguyen reports.

  25. 25

    CBS Evening News - American unemployed looking abroad for jobs

    by CBSNewsOnline 573 views

    Tony Guida profiles Kevin O'Neill, a New Jersey construction manager who was forced to take his business abroad to Dubai after the financial crisis shut everything down.

  26. 26

    What can be done for economy?

    by CBSNewsOnline 194 views

    Rebecca Jarvis talkss with Tig Gilliam, Katia Beauchamp, and Frank Sorrentino about how businesses are coping with the economy the way it is and whether they will start hiring again.

  27. 27

    CBS Evening News - Job growth continues to lag

    by CBSNewsOnline 271 views

    Private businesses added just 104,000 jobs in October, while the government cut 24,000. As Anthony Mason reports, with growth this slow, it won't take much to knock the economy off its feet.

  28. 28

    The Early Show - Abandoned homes are burden on neighbors

    by CBSNewsOnline 62 views

    National studies show that abandoned homes bring down property values and are often a magnet for crime. Manuel Gallegus reports.

  29. 29

    CBS Evening News - Family faces the growing edge of poverty

    by CBSNewsOnline 2,881 views

    A growing number of middle class Americans have made the unwelcome move below the poverty line. Byron Pitts meets one family that is living through this struggle.

  30. 30

    CBS Evening News - What's next for a nearly bankrupt Greece?

    by CBSNewsOnline 348 views

    Greece could be bankrupt within weeks if politicians don't take action to secure an $11 billion bailout. Allen Pizzey reports.

  31. 31

    CBS Evening News - Poverty spilling into American suburbs

    by CBSNewsOnline 4,033 views

    A new analysis of census data shows that in the last decade, poor neighborhoods grew by 54 percent in U.S. suburbs, compared to 18 percent in cities. Jim Axelrod reports.

  32. 32

    "Who gets last word on jobs?"

    by CBSNewsOnline 76 views

    Senate Majority Leader Harry Reid (D-Nev.) on Thursday sparred with Mitch McConnell (R-Ky.) about the jobs bill and one man declared he would "get the last word."

  33. 33

    "Who gets last word on jobs?"

    by CBSNewsOnline 76 views

    Senate Majority Leader Harry Reid (D-Nev.) on Thursday sparred with Mitch McConnell (R-Ky.) about the jobs bill and one man declared he would "get the last word."

  34. 34

    CBS Evening News - Greece jeopardizing world economy

    by CBSNewsOnline 370 views

    Greek Prime Minister George Papandreau's call for a surprise referendum to the bailout deal he's been offered to save his country from bankruptcy is infuriating world leaders. And, as Mark Phillips reports, it's putting the world economy in jeopardy.

  35. 35

    The Early Show - The woman who beat Bank of America

    by CBSNewsOnline 375 views

    Erica Hill and Chris Wragge talk to Molly Katchpole, the 22-year-old woman who spearheaded the campaign to reverse Bank of America's $5 monthly debit card fees. CBS News business and economics correspondent Rebecca Jarvis also joins the discussion.

  36. 36

    The Early Show - Greek referendum fuels concerns for Euro bailout

    by CBSNewsOnline 134 views

    Business and economics correspondent Rebecca Jarvis speaks to the "Early Show" anchors about the Euro-Zone bailout and new concerns fueled by Greece's plan for a referendum.

  37. 37

    The CBS Evening News with Scott Pelley - Debt experts scold supercommittee

    by CBSNewsOnline 78 views

    Erskine Bowles and three other debt experts lectured the members of the congressional supercommittee that their partisan standoff is wrecking the country. Nancy Cordes reports on what is holding up the committee's progress.

  38. 38

    The CBS Evening News with Scott Pelley - Greek PM puts bailout deal to public vote

    by CBSNewsOnline 175 views

    Greek Prime Minister George Papandreau has stunned the financial world by announcing that the painstakingly negotiated bailout deal with European leaders to try to save his country from bankruptcy will now be put to a national referendum. Mark Phillips reports.

  39. 39

    The Early Show - The Early Show - "Fracking" could create 1M jobs: industry

    by CBSNewsOnline 170 views

    Business and economics correspondent Rebecca Jarvis reports on the natural gas drilling boom and the potential for the creation of an estimated one million jobs.

  40. 40

    The Early Show - World markets anxious about Greek deal

    by CBSNewsOnline 278 views

    Erica Hill and Chris Wragge talk to CBS News business and economics correspondent, Rebecca Jarvis about the ripple effect caused by concerns over the deal between Europe and Greece.

  41. 41

    The Early Show - Americans much more down on economy: survey

    by CBSNewsOnline 21 views

    A new survey finds Americans are growing more pessimistic about the economy. Terrell Brown reports.

  42. 42

    Banking fees

    by CBSNewsOnline 218 views

    Kelli Grant, Senior Consumer Reporter for SmartMoney.com, discusses how to make the switch to another bank when trying to avoid banking fees.

  43. 43

    The CBS Evening News with Scott Pelley - Bad credit, no credit... No job

    by CBSNewsOnline 271 views

    Job seekers with bad credit may be at a severe disadvantage. Sixty percent of employers say they now run credit checks on some or all of their job candidates. But, some states are putting a stop to all that. Ben Tracy reports.

  44. 44

    The Early Show - Whirlpool to cut five thousand jobs

    by CBSNewsOnline 172 views

    Appliance maker Whirlpool announced that it will cut five thousand jobs - about ten percent of its workforce. Terrell Brown reports.

  45. 45

    The Early Show - Halloween is a big relief to troubled retailers

    by CBSNewsOnline 153 views

    CBS News business and economics correspondent Rebecca Jarvis reports on the how and why of Halloween sales going up in this sluggish economy.

  46. 46

    The Early Show - More positive outlook on Wall Street

    by CBSNewsOnline 79 views

    Stocks made a dramatic turn for the better after news of a debt resolution for Greece. Chris Wragge speaks with Alexis Christoforous about this and the 2.5% growth of U.S. GDP.

  47. 47

    Recession fears ease on economic rally

    by CBSNewsOnline 164 views

    A huge rally on Wall Street this month has improved optimism in the financial sector, but Anthony Mason reports that there is still nervousness among those on Main Street.

  48. 48

    The Early Show - GDP up 2.5 percent - Fastest pace in a year

    by CBSNewsOnline 73 views

    New Gross Domestic Product (GDP) numbers show a growth of 2.5 percent in the third quarter of 2011. Jeff Glor reports.

  49. 49

    The Early Show - Europe agrees on deal to defuse Greek debt crisis

    by CBSNewsOnline 114 views

    Stocks in Europe soared after leaders agreed on a deal to contain the debt crisis. Elizabeth Palmer reports on the details of the accord.

  50. 50

    The Early Show - U.S. entrepreneurs faring well in China

    by CBSNewsOnline 513 views

    More and more American entrepreneurs are turning overseas for business opportunities. Business and economics correspondent Rebecca Jarvis reports.

  51. 51

    The Early Show - Tim Geithner: Treas. Sec. talks about the economy

    by CBSNewsOnline 108 views

    CBS News chief White House correspondent Norah O'Donnell sat down with Treasury Secretary Tim Geithner to talk about the economy and jobs and how much responsibility Pres. Obama bears for the current rate of unemployment.

  52. 52

    The CBS Evening News with Scott Pelley - Genetech head: New companies make new jobs

    by CBSNewsOnline 258 views

    Scott Pelley spoke with Susan Desmond Hellman, the chancellor of UCSF and the head of the drug development company Genentech, on how the United States will create new jobs to fix the struggling economy.

  53. 53

    Does Geithner have confidence in European markets?

    by CBSNewsOnline 84 views

    In an exclusive interview with CBS News chief White House correspondent Norah O'Donnell, Treasury Secretary Timothy Geithner discussed the eurozone's debt and banking crisis and whether the U.S. should have confidence in European markets.

  54. 54

    The Early Show - Stocks surge despite Europe turmoil

    by CBSNewsOnline 146 views

    Business and economics correspondent Rebecca Jarvis speaks to the "Early Show" anchors about the stock market comeback and whether it can sustain the upswing in spite of the economic turmoil in Europe.

  55. 55

    The Early Show - Obama unveils executive orders to boost economy

    by CBSNewsOnline 175 views

    President Obama's focused his three-day West Coast trip on a series of executive orders to boost the economy, including new rules to help refinance mortgages. Bill Plante reports.

  56. 56

    The Early Show - Obama unveils executive orders to boost economy

    by CBSNewsOnline 175 views

    President Obama's focused his three-day West Coast trip on a series of executive orders to boost the economy, including new rules to help refinance mortgages. Bill Plante reports.

  57. 57

    The Early Show - Refi-rethink and volatile markets

    by CBSNewsOnline 183 views

    Erica Hill and Chris Wragge talk to CBS News business and economics correspondent Rebecca Jarvis for more information on Pres. Obama's plan to fix the mortgage crisis and then, she takes a look at the week ahead for the world markets.

  58. 58

    The Early Show - Beating big bank fees

    by CBSNewsOnline 105 views

    Erica Hill and Jeff Glor talk to Jack Otter, executive editor of CBS MoneyWatch.com, about consumers' frustrations with new, proposed bank fees, tips on how to negotiate better deals with banks, and which bank alternatives could save money in the long run.

  59. 59

    The Early Show - Student loan debt exceeds $1 trillion

    by CBSNewsOnline 203 views

    Business and economics correspondent Rebecca Jarvis speaks to the "Early Show" anchors about the increase of student loans and gives some tips on paying off debt.

  60. 60

    The Early Show - Holiday travel: The best time to buy

    by CBSNewsOnline 40 views

    As the holiday season approaches, travel editor Peter Greenberg speaks to the "Early Show" anchors about the best time to book flights and why prices are going up.

  61. 61

    The Early Show - Social Security checks to increase 3.5 percent

    by CBSNewsOnline 318 views

    Social Security recipients will be getting a raise of about %3.5 percent. Terrell Brown reports on the first increase since 2009.

  62. 62

    The CBS Evening News with Scott Pelley - Electric car batteries creating U.S. jobs

    by CBSNewsOnline 991 views

    The Obama administration is spending big in an effort to bring the global market for lithium batteries for electric cars back to America. Cynthia Bowers reports on a risky investment that's creating new jobs.

  63. 63

    Solution to economic woes to come out of "left field"?

    by CBSNewsOnline 84 views

    Jeff Glor speaks with CBS Moneywatch executive editor Jack Otter about floundering incomes and what may help them rise.

  64. 64

    The Early Show - Secrets to surviving and thriving in tough times

    by CBSNewsOnline 285 views

    Chris Wragge and Betty Nguyen talk to Jim Collins, management guru and author of "Great By Choice," about why some companies do well during difficult times.

  65. 65

    The CBS Evening News with Scott Pelley - Hotline gives hope to foreclosure victims

    by CBSNewsOnline 125 views

    Banks are getting more aggressive with people who don't keep up with their mortgage payments, but as Jim Axelrod reports, help is just a phone call away.

  66. 66

    The Early Show - Ask it Early: Property, gold and debit cards

    by CBSNewsOnline 127 views

    CBS News business and economics correspondent Rebecca Jarvis answers viewer questions on real estate, silver vs. gold and debit cards for college kids.

  67. 67

    The CBS Evening News with Scott Pelley - Skilled workforce in high demand

    by CBSNewsOnline 382 views

    Despite the United States going through the worst job market in decades, some businesses are in high demand for skilled labor. Elaine Quijano reports on how Allentown, Pa., may have found the answer to the country's unemployment crisis.

  68. 68

    The Early Show - Credit card balance transfers: What you need to know

    by CBSNewsOnline 610 views

    Erica Hill and Chris Wragge talk to personal finance expert Carmen Wong Ulrich about credit card balance transfers and how you can get the most out of them.

  69. 69

    Credit scores: The best and worst in the U.S.

    by CBSNewsOnline 69 views

    Experian Credit named Wausau, Wisc. to be the most credit-worthy town in America, while Haringen, Texas rated last. Jeff Glor reports.

  70. 70

    The Early Show - Help wanted: Female firefighters

    by CBSNewsOnline 1,934 views

    Female firefighters make up a tiny percentage of the overall numbers. But, in this tough economy, fire departments are actively recruiting women. CBS's Karen Brown takes a look at the new efforts to find women who can take the heat.

  71. 71

    The Early Show - Nobel Prize winners: How to fix the economy

    by CBSNewsOnline 1,368 views

    What will it take to get the economy back on track? Erica Hill speaks with two men who might know -- Christopher Sims and Thomas Sargent -- who just won the Nobel Prize for economics.

  72. 72

    The Early Show - Jobless commiserate on Craigslist

    by CBSNewsOnline 56 views

    Millions of out-of-work Americans are at their wits end in their hunt for a job. And, as Elaine Quijano reports, some are turning to the popular website Craigslist for help.

  73. 73

    The Early Show - Auto repairs over upgrades in tight economy

    by CBSNewsOnline 251 views

    In the rough economy, many Americans have opted to forgo car upgrades to settle instead on repairing their old vehicles. John Blackstone reports.

  74. 74

    Unfilled jobs due to skills gap, companies say

    by CBSNewsOnline 113 views

    According to a new industry survey, manufacturers nationwide reported a shortage of skilled production workers. Cynthia Bowers reports on the "skills gap" that's leaving many good jobs unfilled.

  75. 75

    The Jobs Czar: General Electric's Jeffrey Immelt

    by CBSNewsOnline 13,347 views

    Can General Electric Chairman Jeffrey Immelt, whose company has been racking up big profits overseas, help create jobs in America? Lesley Stahl interviews the man President Obama chose to lead the crucial quest for more American jobs.

  76. 76

    How to age-proof your resume

    by CBSNewsOnline 186 views

    Older workers are finding it's harder to get employed when age becomes a factor. Many time employees can determine one's age from their resume. Betty Nguyen speaks with Connection Director at Linkedin Nicole Williams about how to best disguise your age in your resume.

  77. 77

    9.1% unemployment the norm?

    by CBSNewsOnline 84 views

    New September jobs numbers shows a net gain of jobs yet the unemployment rate is steady at 9.1%. Betty Nguyen speaks with Executive Editor of CBS Moneywatch.com Jack Otter about what it will take to get that percentage lower.

  78. 78

    The CBS Evening News with Scott Pelley - The psychological impact of unemployment

    by CBSNewsOnline 214 views

    The average unemployed worker has been out of work for 40-and-a-half weeks - a new record. Elaine Quijano reports on the psychological toll unemployment can take.

  79. 79

    The CBS Evening News with Scott Pelley - CEO: Economy's too shaky to gamble on more jobs

    by CBSNewsOnline 144 views

    The latest jobs report shows the economy gained 103,000 jobs in September, but unemployment stayed right where it was - 9.1 percent. Anthony Mason speaks with Honeywell CEO David Cote, who says business is holding up but he's still being cautious.

  80. 80

    The Early Show - Unemployment and its effect on your health

    by CBSNewsOnline 957 views

    A record six million Americans are now classified as long-term unemployed. Studies show it can affect mental and physical health, marriages, and even self-esteem. Psychologist and "Early Show" contributor Dr. Jennifer Hartstein reports and then talks to Erica Hill and Chris Wragge about the full scope of unemployment's impact.

  81. 81

    The Early Show - Will September jobs report be any better?

    by CBSNewsOnline 86 views

    New jobs numbers will be announced and all of the country is wondering if the U.S. has gained any more jobs since August's zero net-jobs-gained report. Chris Wragge and Eric Hill speak with CBS News business and economics correspondent Rebecca Jarvis about report predictions.

  82. 82

    The CBS Evening News with Scott Pelley - Zappos gives the gift of hope with holiday hiring

    by CBSNewsOnline 129 views

    Zappos, the online shoe retailer, is bucking the national trend and hiring thousands of workers for its busy holiday season. Jim Axelrod reports.

  83. 83

    Biden: The "middle class has been screwed"

    by CBSNewsOnline 174 views

    Vice President Joe Biden on Thursday expressed empathy for the "Occupy Wall Street" protestors in New York and elsewhere, saying the U.S. system has run amok and is no longer fair for the vast majority of Americans.

  84. 84

    Obama pushes his $447 billion jobs plan again

    by CBSNewsOnline 146 views

    President Obama held a news conference on Thursday to again urge Congress to pass his jobs bill. This is President Obama's first news conference since July. Here are his opening remarks.

  85. 85

    The CBS Evening News with Scott Pelley - World economic dominoes could be set to fall

    by CBSNewsOnline 532 views

    The European economic crisis is stirring anxiety that the economic dominoes of the world could be about to fall. Mark Phillips reports on the fear of a worldwide economic and social breakdown.

  86. 86

    The Early Show - The 99ers: Struggling to stay afloat

    by CBSNewsOnline 170 views

    CBS News correspondent Whit Johnson spends a day with Pam Robb, a "99er" - a person unemployed for a staggering 99 weeks or longer.

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