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Economy

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US Trade Deficit Grows to $42.2 Billion in October

By Associated Press December 11, 2012

The U.S. trade deficit increased in October because exports fell by a larger margin than imports, a sign that slower global growth could weigh on the U.S. economy. The trade gap with China also hit an all-time high.

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Category: US/World Tags: ,
A man walks by the New York Stock Exchange
(Photo by Spencer Platt/Getty Images)

Stocks Open Mixed Following Disarray in Italy

By Associated Press December 10, 2012

Stocks are opening mixed on Wall Street after the surprise resignation of Italy's prime minister sent a jolt through European markets.

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Unemployment Down (FILE)
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Economy Adds 146K Jobs, Unemployment Rate Falls to 4 Year Low

By Associated Press December 7, 2012

U.S. hiring gains held steady in November despite disruptions from Superstorm Sandy and employers' concerns about impending tax increases from the year-end "fiscal cliff."

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Barn
Sand Creek Post and Beam

Company That Makes Barn Kits Expanding into South Dakota

By Associated Press December 6, 2012

A Nebraska-based company that makes kits for building traditional barns is expanding into South Dakota.

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Category: Local News Tags: , ,
Soldiers (FILE)
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‘Fiscal Cliff’ Offers Hint at More Defense Cuts

By Associated Press December 5, 2012

House Republicans' "fiscal cliff" counteroffer to President Barack Obama hints at billions of dollars in military cuts on top of the nearly $500 billion that the White House and Congress backed last year.

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Category: US/World Tags: , , ,
Manufacturing (FILE)

US Productivity Revised Up to 2.9 Percent Rate

By Associated Press December 5, 2012

U.S. workers were more productive this summer than initially thought, while costing their companies less.

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Category: US/World Tags: , ,
New Home Sales Increase Despite Rising Mortgage Rates
Justin Sullivan/Getty Images

US Home Prices Rise in October by Bost in 6 Years

By Associated Press December 4, 2012

A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.

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Cash Register (FILE)
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Sandy Holds Back US Consumer Spending, Pay in October

By Associated Press November 30, 2012

Americans cut back on spending last month and saw no growth in their income, reflecting disruptions from Superstorm Sandy.

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Category: US/World Tags: ,
Gasoline pumps are seen a Shell filling station
(Photo by Tim Boyle/Getty Images)

Oil Rises on Hopes of Avoiding ‘Fiscal Cliff’

By Associated Press November 29, 2012

The price of oil is up by more than $2 a barrel on optimism that a deal to avert a so-called fiscal cliff will be reached before year's end.

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Category: US/World Tags: , ,
Manufacturing (FILE)

US Economy Grew at 2.7 Percent Rate in Summer

By Associated Press November 29, 2012

The U.S. economy grew at a faster 2.7 percent annual rate from July through September, although the strength may fade in the final months of the year.

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