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Economy
June 7, 2007 ·
If trade with Cuba were to open up after the embargo ends, which companies would likely benefit? The Miami-based Herzfeld Caribbean Basin investment fund targets firms that might do well in the post-embargo era. Robert Siegel talks to Cecilia Gondor, executive vice president of Thomas J. Herzfeld & Co.
The U.S. stock market slid this week amid investors' concerns that inflation may be on the march.
The real money for gas retailers lies not in the pump, but inside refrigerator cases.
June 4, 2007 ·
The U.S. economy added 157,000 jobs for May and seems to be on the rebound, but how are black workers faring? Bill Spriggs, professor and chairman of the Department of Economics at Howard University, talks to Farai Chideya about the new numbers.
June 1, 2007 ·
The Commerce Department says economic growth almost stopped this quarter, mostly due to the nationwide housing slump. But most economists forecast a rebound, not a recession. That's partly because of a healthy job market.
June 1, 2007 ·
In San Francisco, the sign at a certain Shell station has read $4.43 a gallon for a month — 79 cents more than the average price in the area. The station owner was protesting rent and other costs. Now he's shutting down the station.
May 31, 2007 ·
Years of rising home values have brought local governments buckets of property tax money. But now, in Florida and other states, taxpayers are saying "enough." Florida's legislature is expected to roll back property taxes next month — imposing big cuts on cities and counties. Local officials say the rollback may force police and firefighter layoffs.
Analysis
May 30, 2007 ·
In nominating Robert Zoellick to lead the World Bank, President Bush chose a former U.S. trade representative and deputy secretary of state who is often described as smart, capable, even brilliant. But Zoellick, who replaces Paul Wolfowitz, is also known for being tough, demanding, even arrogant.
Business Story of the Day
May 29, 2007 ·
Despite the nationwide slump in real estate sales, multimillion-dollar luxury homes are still selling well, at least in some markets.
May 28, 2007 ·
The global economy appears to be growing at a comfortable — and sustainable — rate. But two recent studies warn that the U.S. has become one of the world's economic underachievers.
Katrina & Recovery
May 27, 2007 ·
Mississippi's Gulf Coast is still rebuilding after Hurricane Katrina. In the hard-hit town of Pass Christian, residents still lack a grocery store and century-old family businesses operate out of trailers.
Katrina & Recovery
May 26, 2007 ·
In the wake of Hurricane Katrina, property and home values have skyrocketed along the Mississippi Gulf Coast. As middle- and working-class people struggle to find affordable housing, major employers like the Northrop Grumman shipyard in Pascagoula are struggling to fill vacancies.
May 25, 2007 ·
Sales of existing homes were down in April, a report says, a day after figures showed sales of new homes rising sharply. Most economists say the reports show a housing market still on shaky footing, but with deals emerging.
Your Money
May 25, 2007 ·
Gasoline prices are nudging toward $4 a gallon in some parts of the country, but Americans will still be hitting the road in record numbers this Memorial Day weekend. One gas station chain is helping customers get a jump on rising prices.
May 25, 2007 ·
The federal minimum wage will increase by more than $2 an hour over the next two years, reaching $7.25. The Economic Policy Institute says the hike will change wages for 4 percent of the country's workforce.