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Economic news - CNNMoney.com
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From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
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Health costs: They'll spike, then slow down
It will be at least five years before health car reform triggers a sustained slowdown in the pace of spending, according to new government estimates released on Thursday.
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Trump wades into NY Islamic center controversy
In an effort to end the controversy surrounding a proposed Islamic center in lower Manhattan, real estate mogul Donald Trump has offered to buy the property at a 25% premium.
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Jobless claims slide to a nearly 2-month low
The number of jobless Americans filing for unemployment insurance fell last week to the lowest level in nearly two months, a government report released Thursday showed.
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Trade gap plunge raises U.S. growth hopes
The nation's trade gap fell sharply in July, reducing a major headwind for U.S. economic growth and quieting some fears of a double-dip recession.
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Reducing obesity won't lower health costs
A new government report quantifies the rise in health care spending due to the nation's growing obesity problem, but says that costs would rise even if America lost weight.
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Obama tax breaks: Limited help for small biz
President Obama's plan to offer $200 billion in tax breaks for businesses that invest in plants and equipment would likely have only a limited impact on most small businesses, experts say.
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Obama: Close tax loopholes to juice economy
As President Obama pushes a new campaign to juice up the economy, he's starting to fill in the details of how he would pay the estimated $180 billion tab. His plan: Eliminate some corporate tax breaks and subsidies, and close loopholes.
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Cotton shortage = Pricey T-shirts and jeans
Attention T-shirt fans: Bag those deep discounts now because come January, stores could have you paying more for your favorite clothing.
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Teaching: No longer a recession-proof job
When Jenny Frank decided to become a teacher, she thought she was going into a profession that could weather any recession.
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Obama's bridge, train and road fix
Government transportation spending is full of costly boondoggles.
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