December 2012 Headlines

Retailers Banking on Post-Christmas Shopping Boost

Retailers are hoping for a boost in post-Christmas shopping, something the economy badly needs.

Be Prepared: What the Fiscal Cliff Means for You

Will the economy drop off the fiscal cliff come Jan. 1? Frank Nico, CBN's director of Planned Giving, offers tips on how taxpayers can protect their money.

Coin Debate: Could Death of Dollar Save Billions?

What if you found out it would save America $4.5 billion, maybe even $40 billion, by converting to U.S. currency from bills to coins.

US Could Become World's Largest Exporter of Oil

As gas prices drop, there are signs the United States is on track to become the world's largest exporter of oil, surpassing countries like Saudi Arabia and Iran.

Milk Prices Could Hit $6 a Gal. Without Fiscal Deal

Dairy farmers are concerned milk prices hit record highs if Washington fails to reach a deal to avoid the the fiscal cliff.

Oil Wavers on Stimulus Optimism, 'Cliff' Concerns

The price of oil wavered Thursday as traders balanced concerns over an apparent impasse in Washington's critical budget negotiations with enthusiasm over steps taken to boost the slow-growing economy.

Home Repossessions Hit Nine-Month High

Foreclosure listing firm Realty Trac said banks completed foreclosure on more than 59,000 homes last month.

Fed Eyes More Easing as Fiscal Cliff Looms

As the fiscal cliff deadlock continues, the Federal Reserve is expected to announce a new bond-buying plan to counteract tax increases if Congress can't reach a deal.

Unemployment Rate Dips to Four-Year Low

The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008.