World News Center
Health costs: They'll spike, then slow down
September 10, 2010It will be at least five years before health car reform triggers a sustained slowdown in the pace of spending, according to new government estimates released on Thursday.
Trump wades into NY Islamic center controversy
September 10, 2010In an effort to end the controversy surrounding a proposed Islamic center in lower Manhattan, real estate mogul Donald Trump has offered to buy the property at a 25% premium.
Jobless claims slide to a nearly 2-month low
September 10, 2010The number of jobless Americans filing for unemployment insurance fell last week to the lowest level in nearly two months, a government report released Thursday showed.
Trade gap plunge raises U.S. growth hopes
September 10, 2010The nation's trade gap fell sharply in July, reducing a major headwind for U.S. economic growth and quieting some fears of a double-dip recession.
Reducing obesity won't lower health costs
September 10, 2010A new government report quantifies the rise in health care spending due to the nation's growing obesity problem, but says that costs would rise even if America lost weight.
Obama tax breaks: Limited help for small biz
September 10, 2010President Obama's plan to offer $200 billion in tax breaks for businesses that invest in plants and equipment would likely have only a limited impact on most small businesses, experts say.
Obama: Close tax loopholes to juice economy
September 10, 2010As President Obama pushes a new campaign to juice up the economy, he's starting to fill in the details of how he would pay the estimated $180 billion tab. His plan: Eliminate some corporate tax breaks and subsidies, and close loopholes.
Cotton shortage = Pricey T-shirts and jeans
September 10, 2010Attention T-shirt fans: Bag those deep discounts now because come January, stores could have you paying more for your favorite clothing.
Teaching: No longer a recession-proof job
September 10, 2010When Jenny Frank decided to become a teacher, she thought she was going into a profession that could weather any recession.
Obama's bridge, train and road fix
September 10, 2010Government transportation spending is full of costly boondoggles.
