August 2013 Headlines

Syrian Conflict Causing Gas Prices to Spike

The conflict in Syria is sending gas prices slightly up in the United States

L.A. Mayor: Hollywood Facing Jobs 'Emergency'

Los Angeles Mayor Eric Garcetti wants to stop the exodus of film and TV production jobs out of Hollywood, warning the city is facing an "emergency."

Lower Tax States Proving Less Really Is More

A new look at federal taxpayer information shows clearly that Americans are fleeing states with higher taxes for states with low tax rates. Will high tax states take notice?

Interest Rates Up, Stock Market Down

Interest rates are going up and the stock market is going down.

Treasury Dept. Fudging on National Debt Figure?

The U.S. Treasury Department reports the federal government spent $98 billion over its budget in July.

Relief at the Pump: Gas Prices Begin to Fall

The cost of gas has dropped over the past two weeks, a welcome summer surprise for drivers.

Can the Private Sector Save American Cities?

Detroit may be the largest city in American history to go bankrupt, but it's not alone.

Amazon Founder Buys Washington Post for $250M

Amazon CEO Jeff Bezos has struck a deal to buy the Washington Post and other newspapers for $250 million. The move came as a complete surprise.

Obama Proposes Nixing Fannie Mae, Freddie Mac

President Obama wants to end government-backed mortgages by shutting down the nation's largest mortgage holders, Fannie Mae and Freddie Mac.

Job Growth Slow But Stocks Still Climbing

There was disappointment on Wall Street Friday after the government reported only modest job growth last month.