The country's unemployment rate inched up to 9.2 percent. Yet in Washington, the conversation remains fixed squarely on a compromise to raise the country's debt ceiling. Have lawmakers forgotten about the country's unemployed?
New economic data from the federal government show the economy added a paltry 18,000 jobs in June, pushing the unemployment rate back to 9.2 percent. Dan Gross, columnist and finance editor for Yahoo! Finance, gives his analysis of the numbers.
Unemployment numbers released today place the unemployment rate holding steady at 9.6 percent, but nonfarm payrolls are up 151,000. Yahoo Finance economics editor and columnist Dan Gross deciphers the numbers for us.
The credit crisis has hit big business hard, but the blow to consumer confidence will probably mean bad news for small businesses as well. The Takeaway speaks with Dan Gross about the impact of this week's financial free-fall on smaller businesses.
Treasury and the Fed said they would be open about where the taxpayers' trillions of dollars are going. Newsweek's Daniel Gross tells The Takeaway what information is being kept under wraps, and why it matters.
Dow was plunging, taking its biggest slide ever, on Inauguration Day. Newsweek's Dan Gross give his insights on the possible ways for the new President to get things under control, and how long we can expect troubled times to continue.
Markets opened lower this morning after news that the federal government is bailing out insurance giant AIG for the fourth time. Our friend Dan Gross from Newsweek joins us to discuss the implications of this new $30 million taxpayer-funded bailout.
To look at whether a proposed federal regulations overhaul will stop the next meltdown are Dan Gross, senior editor at Newsweek and columnist for Slate and Philip Coggan, capital markets editor at The Economist.
The new employment numbers for the month of April are out: employers cut 539,000 jobs. While still a lot of job loss, that's the smallest number seen in six months. To help us crunch the numbers we turn to Dan Gross, Columnist for Newsweek and Slate.
Goldman Sachs posted $3.4 billion in profit in their second quarter, so does this mean America is on its way out of the recession? Dan Gross, author and columnist for Newsweek and Slate joins The Takeaway with his analysis of the financial news.