Experts expect compromise to avoid fallout from the 'fiscal cliff'

(Phys.org)—The image of a "fiscal cliff" may give the wrong impression of the potential fallout should Congress fail to take action by the end of the year on the Budget Control Act. Iowa State economist Dave Swenson described ...

Poverty rate is highest in 15 years, says professor

The Great Recession leaves behind the largest number of long-term unemployed people, or 4.7 million, since records were first kept in 1948, according to research from the University of Michigan.

No double-Dip recession

A new forecast focused on the U.S., California, and the Riverside/San Bernardino region says the economy is not headed for another downturn, and that nationwide, growth will begin to accelerate in late 2011 and 2012.

Why cycling lanes should be on the fast track for cities

You might've noticed more cycleways rolling out around town recently. Whether it's a designated path alongside a main street or spray-on white lines and traffic cones cordoning off a portion of a back street, these car-free ...

CBS 4Q earnings top views, but sales fall short

(AP) -- Broadcasting giant CBS Corp. said Wednesday that its earnings rose 31 percent in the final quarter of 2011, thanks to licensing shows to online video companies such as Netflix as well as cost-cutting that helped ...

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