Economists see 7.5% unemployment by end of '13

How to manage or avoid student loan debt

2 Americans win Nobel Prize in economics

Christopher Sims and Thomas Sargent have no simple solutions to the global economic crisis. But the work that won them the Nobel Prize in economics Monday is guiding central bankers and policymakers in their search for answers.

Poll: College students get hard lessons in finance

In these tight times, college students are getting a lesson in economics no matter what their major. Students say money influences everything from what school they attend and what career they pursue to how quickly they complete their degrees — or whether they graduate at all.

How the poll was conducted

The Associated Press-Viacom Survey of Youth on Education by Stanford University was conducted by GfK Roper Public Affairs & Corporate Communications from Feb. 18 to March 6. It is based on landline and cell phone interviews with a nationally representative random sample of 1,104 adults between 18 and 24 years old. Interviews were conducted with 603 respondents on landline telephones and 501 on cellular phones.

Study highlights benefits of Arctic Ocean drilling

Shell Oil is touting a report it commissioned that says outer continental shelf petroleum development off Alaska's northern shores could create 54,700 new jobs that could be sustained for 50 years.

Diamond wins Nobel, but still blocked on Fed job

Peter Diamond's research on unemployment is good enough to earn him the Nobel Prize in economics — but not to get him on the Federal Reserve.

Midterm politicking hovers over economic decisions

Midterm politics are distorting economic decision-making as leaders of both parties spin rival views of the road ahead, offering visions based on questionable economics.

Report: More men get economic boost from marriage

Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost from tying the knot, according to a new analysis of census data.

D.C. budget czar fathers child out of wedlock

Apparently, being in charge of the nation’s budget isn’t work. Proving that even a busy man can find time to play, White House budget director Peter R. Orszag, who recently announced his engagement to an ABC correspondent, has now confessed to fathering what The New York Post termed a “love child” with his former girlfriend, Greek shipping heiress Claire Milonas.

Iditarod reports $1M loss in funding

The world's most famous sled dog race is feeling squeezed by the poor economy.

Ostrom thanks husband, colleagues for Nobel prize

Elinor Ostrom says it's an honor to be the first woman to win a Nobel Prize in economics — and she promises she won't be the last.

Winners of the Nobel economics prize

Recent winners of the Nobel Memorial Prize in Economic Sciences, and their research, according to the Nobel Foundation:

2 Nobel winners may shape financial crisis debate

One scholar studies how best to manage resources like forests, fisheries and oilfields. A fellow American looks at why some companies grow so large. Together they're winners of this year's Nobel Prize in economics for groundbreaking work that could affect efforts to prevent another global financial crisis.

He survived botched bungee jump from 165 feet

Even though the bungee-jumping company claimed a 100 percent safety record, a nervous Rishi Baveja still said a prayer and made the sign of the cross before launching himself off a 165-foot tower in Thailand.

White House defends optimistic stimulus model

The White House is defending the overly optimistic economic models it used to justify the historic stimulus plan.

Archbishop warns of economic dogmatism

Thoughtless adherence to economic theories can be as dangerous as blind obedience to political ideology, the head of the Church of the England said Monday, drawing parallels with Nazi Germany.

Financial crisis drives up interest in economics

Stocks are down, down, down. But student interest in economics appears to be trending upward.

Absent Obama still a presence in the capital

President-elect Barack Obama is an invisible force as foreign leaders and Congress convene separately in Washington, the economy at center stage.

Presidential candidates' recent economic proposals

Democrat Barack Obama and Republican John McCain recently unveiled new proposals to their economic plans. Here's a look at the presidential candidates' additions to their economic proposals:

Winners of the Nobel economics prize

Recent winners of the Nobel Memorial Prize in Economic Sciences, and their research, according to the Nobel Foundation:

Bush critic Paul Krugman wins economics Nobel

Paul Krugman, whose relentless criticism of the Bush administration includes opposition to the $700 billion financial bailout, won the Nobel prize in economics Monday for his work on international trade patterns.

Palin has mixed record as fiscal conservative

Alaska Gov. Sarah Palin, the Republican nominee for vice president, bills herself as a fiscal conservative. But her record looks little like the classic conservative who favors less government and lower taxes.

Businesswomen praise McCain on economics

Several leading women in the business community, addressing the GOP presidential convention Wednesday, said John McCain's plan for lower taxes, less government and a push to reduce America's dependence on foreign oil will do more to help revive the struggling economy than the Democratic agenda.

Shrinking packages, pricier foods fluster parents

Kids may be worried about homework, teachers and that pesky bully this school year. But parents? They're leery about lunches.

Sweden was once the exemplar of the overspending welfare state, but last year its economy grew at a 4.4 percent clip, and its deficit vanished. As the London-based Spectator magazine noted in a recent article, when the panic hit in ’08 and everyone was screaming that stim …

Republican House Speaker John Boehner and GOP Presidential nominee Mitt Romney have, in the course of the past week, pushed starkly different approaches to fiscal policy and economic recovery, a window into a broader rift within the GOP between the Tea Party and less absolutist …

Japan's Fisheries Agency said it killed 266 minke whales on its latest Antarctic expedition, far below its target of around 900. The militant U.S.-based Sea Shepherd Conservation Society routinely harasses the Japanese fleet to hinder the hunt. McCully hoped that Japan would e …

Tea Party Economic Philosophy Fails the Ethics Test

This article is part two of a three piece edition of articles explaining the philosophy of the current Republican Party. These articles were driven from three previous articles we published on how the GOP has declared war on America as we know it and how cowardly the GOP really  …

Those with money are the cause of starvation. Starvation is evil, and unless the human stands up and absolutely eradicates this from the world until it is done, the human is evil and deserves no reward in heaven, as what this earth exists as, which will take a collective to chang …

Two legal groups want the federal government to investigate Florida's treatment of jobless workers following reforms that made the Sunshine State's unemployment insurance program the most stingy in the nation. Republican Gov. Rick Scott signed a law last year that sharply redu …

Citadel lost $30 million in Facebook fiasco:

To secure his standing as the presumptive Republican presidential nominee, Mitt Romney has disowned every sliver of moderation in his record. He’s moved to the right on tax cuts and twisted himself into a pretzel over the health-care plan he championed in Massachusetts &m …

Former Health and Human Services Secretary Tommy Thompson, a current Republican U.S. Senate candidate in Wisconsin, has accepted the board chairmanship at a Florida pharmaceutical company. TherapeuticsMD, a Boca Raton-based drug company and parent company of vitaMedMD, announc …

Editor's Note: After looking at the economic platform of Mitt Romney’s presidential campaign, this installment of our series on his policy plans examines the details of his health care agenda. The gist: Repeal the Affordable Care Act; end Medicare and Medicaid as we know …

WASHINGTON -- White House Press Secretary Jay Carney had some advice for reporters on Wednesday when it comes to covering President Barack Obama's record on spending: "Don't buy into the B.S." During a press gaggle aboard Air Force One, Carney read aloud from a MarketWatch sto …

Mitt Romney, in a sit-down interview with Time's Mark Halperin, said that by the end of his first term as president he would get the unemployment rate down to or below 6 percent from its current rate of just over 8 percent. "I can't possibly predict precisely what the unemploy …

THE other day, I was wondering whether empirical evidence supports the suggestion that social services provided by government would otherwise be provided through the private sector or civil society. Researching this, I stumbled across a useful 2005 study by two economists, Jona …

Another study has concluded that people who only watch Fox News are less informed than all other news consumers. Researchers at Farleigh Dickinson University updated a study they had conducted in late 2011. That study only sampled respondents from New Jersey, where the univers …

WASHINGTON -- Former Secretary of State Colin Powell on Wednesday questioned Mitt Romney's choice in foreign policy advisers, saying that some are so right-wing that the advice they give deserves "second thought." "I don't know who all of his advisers are, but I've seen some o …

A new government report said spending cuts scheduled to go into effect in 2013, coupled with the simultaneous expiration of Bush-era tax cuts, will shrink the U.S. economy and raise unemployment -- contradicting the Republican claim that reducing the federal budget deficit will …

President Obama’s campaign and the Democratically-aligned SuperPAC Priorities USA have begun airing separate ads featuring former employees who were laid off thanks to Bain Capital, the private equity firm once helmed by Mitt Romney. But rather than pushing back against t …

The civil rights movement, once a controversial left-wing fringe, has grown deeply embedded into the fabric of our national story. This is a salutary development, but a problematic one for conservatives, who are the direct political descendants of (and, in the case of some of t …

Super PAC Priorities USA Action released a new ad on Tuesday continuing attacks on Mitt Romney's business record at private equity firm Bain Capital. The 32-second ad targets Romney and Bain Capital for driving office supplies plant Ampad into bankruptcy and features former em …

Ever since House Speaker John Boehner (R-OH) signaled a return to debt limit brinksmanship this coming winter, White House officials have been adamant that the administration’s not going to countenance a repeat of last August. “[W]e’re not going to recreate t …

Mitt Romney hasn't released a full-on budget proposal, because, well, he's running for president, for Pete's sake. Putting specifics on paper could make him unpopular. That would really be true if all of his statements about spending priorities were put together in one documen …

From the outside, it can be hard to see how Assad keeps his grip on the country. In Egypt and Tunisia, powerful militaries ditched their political leaders when they saw a coalition of urban middle class and wealthy people joining poor, rural protesters. But in Syria, the milita …

One planet under nature with food and medical care for all :dream

We humans are really really ignorant ... which is not the same as being stupid. For example we know that guns kill living creatures including ourselves. WE know wars kill human beings/ We know what pollutes the air we breath and the water we drink. WE know that the pla …