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CNNMoney.com - Economy News

Econ professor to run for president

Posted: January 5th, 2012, 1:55pm MST

Maybe the best person to take on issue number one -- the economy -- should be an economist?
Mitt Romney's 'timid' tax plan

Posted: January 5th, 2012, 1:48pm MST

If Republican primary voters are inclined to reward candidates who have big, bold, game-changing plans for the tax code, Mitt Romney might be in trouble.
Consumer watchdog: My appointment is valid

Posted: January 5th, 2012, 12:52pm MST

A day after taking over the job as the first director of the Consumer Financial Protection Bureau, Richard Cordray defended his role and says he'll work to win Congress over.
Jobless claims improve

Posted: January 5th, 2012, 7:49am MST

Americans filing for first time jobless claims last week declined in another sign of an improving labor market.
Private sector hiring ramped up in December

Posted: January 5th, 2012, 6:28am MST

Private-sector companies significantly ramped up their hiring in December, according to a report issued Thursday.
Planned job cuts up 14% in 2011

Posted: January 5th, 2012, 5:41am MST

Planned job cuts dropped in December but were up 14% overall for 2011, according to a report from outplacement consulting firm Challenger, Gray & Christmas.
Consumer bureau: Now, it can do something

Posted: January 5th, 2012, 3:54am MST

With President Obama's recess appointment of a new chief to run the consumer bureau, the agency can flex new powers regulating financial products from non-banks -- including student loan providers, debt collectors, payday lenders, and mortgage originators and servicers.
GOP 2012: What they (wouldn't) cut

Posted: January 5th, 2012, 3:48am MST

For all their differences, the 2012 Republican contenders have at least one thing in common: They all want to cut spending.
Rick Santorum's tax plan

Posted: January 5th, 2012, 3:40am MST

Presidential candidate Rick Santorum's proposals to change taxes haven't drawn much attention yet. But that is likely to change now that his standing in the Republican field has risen.