The political brinkmanship has hurt investor confidence and consumer spending, and if a prolonged stalemate drags into the early months of 2013, the price of Washington’s inaction on the economy could be even steeper.
A strike that could have crippled 15 major ports on the East Coast and the Gulf and put a crimp in the nation's commerce has been avoided after dock workers, port operators and shippers agreed to a deal that extends the workers' contract, a federal mediator said Friday.
The political brinkmanship has hurt investor confidence and consumer spending, and if a prolonged stalemate drags into the early months of 2013, the price of Washington’s inaction on the economy could be even steeper.
Rich Chinese are buying bicycles that cost more than the average citizen makes in three years, motivated by nostalgia for the days when two wheels were the primary means of transport.
I had just borrowed about a quarter-million dollars and my question was simple: "How do I pay you back?" The woman on the other end of the phone, however, couldn't tell me.
Want a solid, middle-class salary straight out of college? Skip the last two years.
Over five days, 5,000 homeowners in financial trouble went through the Baltimore Convention Center for an event sponsored by a non-profit that aims to get banks and homeowners to work together so people can keep their homes. NBC’s Lisa Myers reports.
