Economy News

Young Vets' Jobless Rate Rises to 13.3 Percent

That's the unemployment rate for veterans of the for Iraq- and Afghanistan-was eras -- those separated from active duty since Sept. 11, 2001.

Unemployment Rate Falls to 8.5 Percent

The Labor Department says employers added a net 200,000 jobs last month. 

Apartment Rents Heading Higher

Rents are expected to jump again this year as the U.S. economy creates more jobs and demand for rental housing grow.

Dread April 15? This Year, Taxes Due 2 Days Later

Report: Kodak May File for Bankruptcy

The Wall Street Journal said Wednesday that Kodak is preparing for a Chapter 11 filing "in the coming weeks."

End of Ethanol Subsidy Could Raise Gas Prices

Gasoline could cost 4.5 cents a gallon more starting as early as this week, and it's not because of rising oil prices.

Weekly Unemployment Benefit Applications Rise

But a measure of applications over the past month fell to a three-and-a-half-year low, an indication that hiring could pick up.

Stocks Slide; S&P 500 Turns Negative for Year

Stocks are closing lower after Europe's central bank reported that its overnight deposits hit another record, the latest sign of worry among European lenders.

Consumer Confidence Surges in December

The surge builds on another big increase in November.

Home Prices Down in Atlanta, Most Major Cities

Prices in Atlanta fell to their lowest point since the housing crisis began.

Holiday Sales Lack Sparkle

Holiday retail sales appear on track to be somewhere between ho-ho-ho and ho-hum, raising the prospect that the economic expansion is still struggling to reach top form.

Boehner Announces 2-Month Deal on Payroll-Tax Cut

 House Speaker John Boehner says he has reached agreement with the Senate to renew the payroll tax cut before it expires Dec. 31.

MAP: Your County's Unemployment Rate

See a map of unemployment rates by county.

Jobless Rates Drop for Metro Macon and Houston County

Jobless claims in both areas declined between October and November.

Comparison of House, Senate Payroll Tax Cut Bills

Highlights of legislation renewing payroll tax cuts, jobless benefits approved by the House and Senate:

House Set to Reject 2-Month Payroll-Tax Cut

House Speaker John Boehner says Republicans will defeat a short-term bill that would have prevented a tax hike on some 160 million Americans. 

Payroll-Tax Cut Extended

The 2 percentage point tax cut affects 160 million taxpayers.

Payroll-Tax Fight Could Shut Down Government

Senate Majority Leader Harry Reid dismissed the House-passed version of a payroll-tax cut as a "partisan exercise,"

Republicans Push Tax Cut Bill Through House

The Republican-controlled House has passed legislation to extend Social Security payroll tax cuts through 2012.

Republicans Plan House OK of Payroll Tax Cut Bill

The White House says President Barack Obama would veto a Republican bill renewing a payroll tax cut next year, complaining that the legislation forces middle-class families to pay for the measure without asking the rich to contribute.

U.S. on Track to Run Deficit Below a Trillion

It's modest progress in the face of intense debate in Washington over spending.

Consumers Borrow More in Oct. as Economy Improves

Americans stepped up their borrowing in October to buy cars and attend college, and they also charged a little more to their credit cards.