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economy

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Cost of wars in Iraq and Afghanistan for US: $4 trillion

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The wars in Iraq and Afghanistan have already cost the United States about $2.5 trillion, and researchers expect the price tag to reach some $4 trillion.
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Big cities may be best hope for American economy

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Innovation and entrepreneurship are at higher levels in dense, metropolitan areas like San Francisco and New York, according to The Economist.
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With $9 billion deficit, US Postal Service may shut down

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Unless Congress takes emergency action, some say the Postal Service, operating at a deficit of $9 billion, could shut down by this winter.
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Why recessions can be good for the economy

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Recessions are tough on workers, but lots of unemployment can also lay the groundwork for a better economy in the future.
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Economic crisis pushes sports leagues to the edge

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From America to Spain and Italy, how the threat of strikes and bankruptcy threatened sports teams this year.
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Syria's economy crippled by unrest, sanctions

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US and European sanctions on Syria putting the hurt on an economy already reeling from instability and uncertainty.
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Child poverty up 18 percent across the US

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According to a study by the Annie E. Casey Foundation, 31 million children in the US now live in low-income families.
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Obama's foreign policy wins and economic woes

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President Obama's foreign policy victories, which include Libya, dampened by America's current economic woes.
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Debt panel considers military budget cuts

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Congress debt panel discuss making cuts in defense, intelligence and military spending, including pensions for retirees with 20 years of military service.
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Capping CEO salaries to fix the economy

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Billionaire CEO Warren Buffett says increase taxes for the rich, but maybe capping CEO salaries is a better fix for the economy.
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