March 2012 Headlines

America in a 'Death Spiral' of Gov't Dependency?

More people than ever are depending on the government just to make ends meet. Some suggest that level of dependency could be detrimental to the nation's health.

Obama Slams 'Big Oil' as China Overtakes Oil Giant

President Obama is pushing again for Congress to eliminate tax breaks for oil companies just as the U.S. oil industry is facing its stiffest competition.

Home Prices Hit New Low in January

The new figures are the latest indication the housing market has yet to turn around despite some improvement in the economy and a somewhat stronger job market.

Taxpayers Unknowingly Pay Money They Don't Owe

This tax season, millions will inevitably pay an untold billions of dollars back to the government. And Daniel Pilla says it's money many taxpayers may not owe.

Americans Driving Less as Gas Prices Soar

Experts say spiking costs have prompted Americans to taking fewer trips. They're also buying cars that provide better gas mileage.

Long-Term Unemployed Face Hiring Bias

Four years after the Great recession, unemployment persists. Now many of those jobless Americans say they face hiring bias from unsympathetic employers.

Greek Doctors, Staff Protest Spending Cuts

Greek state hospitals and staff in greater Athens went on strike Wednesday to protest government spending cuts. Those cuts would allow the nation to avoid default.

Saudis Announce Efforts to Calm Oil Markets

Saudia Arabia said late Monday it wants to keep oil prices around $100 a barrel to help the global economic recovery.

Cashing Out? Sweden Phasing out Physical Currency

Sweden, the first European nation to introduce bank notes, is moving toward a cashless society.

Starbucks Starts New Juice Venture

Starbucks Corp. is branching out from its trademark Frappuccinos and lattes to explore other revenue options.

CBO Report: 'Obamacare' More Costly than Promised

Two years after the president signed his controversial health bill into law, conservatives say a new CBO report shows it's filled with failed promises.

Economy Causing Population US Decline Worldwide

The sluggish economy has put the brakes on population growth in the United States, according to recent government reports.

Apple's iPad 3 Selling Like Hotcakes

Die-hard Apple fans lined up Friday to get their hands on the new iPad, which went on sale at 8 a.m. this morning.

Signs Show US Economy on the Upswing

Stocks have been pushing higher, with the Dow Jones holding above 13,000. Experts say it's a direct reflection of American confidence in the economy.

Stocks Up, Gold Down After Strong Trading Day

Investors are looking for Wall Street stocks to go even higher Wednesday

Obama: China Can't 'Skirt the Rules' on Trade

President Brack Obama has put China on notice that it won't get away with "skirting the rules" on international trade.

Burdened by Debt: US Owes as Much as it Makes

Everything Americans produce in a year adds up to $16 trillion. Now for the first time in its history, the U.S. owes its creditors that same amount.

US Gov't Sets Largest Deficit in History

The federal government has recorded its worst monthly deficit in history.

Hiring Up, Unemployment Steady, Economists Upbeat

The unemployment rate held steady last month, coming in at 8.3 percent in February - the lowest rate in three years, according to the Labor Department.

Milk's Favorite Cookie, the Oreo, Turns 100

Fans young and old are celebrating the century birthday of this chocolate cookie icon. Nabisco sold its first batch of the Oreo cookies in 1912.

Jobless Applications at Low Levels

The number of unemployment applications are still low enough to suggest a strengthening job market.

Are You Unknowingly Investing in Terror?

At the end of 2011, 697 publicly traded companies were doing business with Iran, Syria, North Korea, and Sudan.

Investors, Analysts Look for Market Rally

Investors are hoping for a rally after Tuesday's sharp sell-off in the markets, when stocks took their biggest hit so far this year.

Economists Remain Hopeful about Jobs, Economy

Economists are growing more optimistic as the U.S. economy is improving faster than they had expected.

Gas Prices May Go Down, But Not For Long

Americans may get some relief at the gas pump in the next few weeks.

European Leaders Sign New Debt Crisis Treaty

Leaders from 25 European states have signed a treaty to prevent the 17 European Union countries from running up huge debts.

Gold Rebounds after Falling 5 Percent in One Day

The price of gold rebounded Thursday after falling $77 per ounce Wednesday.