Economy News

Stink Bugs are Booming: Bad for Farmers, Good for Exterminators

Mar 9, 2011 - 9:12 AM |DailyFinance

In 1998, Karen Bernhard, a part-time entomologist with the Penn State Cooperative Extension in Lehigh County, Pennsylvania, began getting calls from residents who were creeped-out by a unusual...

US Wants to Take Your Dollars -- and Replace Them With Coins

Mar 7, 2011 - 4:52 PM |AOL News

Bloomberg/Getty Images

Americans are a tight-fisted people when it comes to their dollars. So in order to replace the paper currency with dollar coins -- a long-advocated move that could save the government an estimated...

Despite Employment Perils, US Is Finally Hiring -- for These Jobs

Mar 4, 2011 - 1:17 PM |AOL News

The jobs may finally be coming back. After a financial crisis and recession that knocked more than 8.5 million people out of work and a faltering economic recovery that couldn't even produce enough...

Jobs Market Convalescence Could Take a Long Time

Mar 3, 2011 - 5:06 PM |AOL News

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The U.S. jobs market may finally be on the verge of an actual recovery, but expect it to come back with a whimper rather than a bang. The Labor Department today said the number of people who filed...

Wisconsin Senate May Order Police to Bring Back Dems

Mar 3, 2011 - 3:33 PM |AP

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MADISON, Wis. - Wisconsin's Senate Republicans voted Thursday to find their AWOL Democratic colleagues guilty of contempt and disorderly conduct, and order police to bring them back to work by force,...

SEC: Insider Trading Ring Reached Into Goldman's Boardroom

Mar 1, 2011 - 2:53 PM |AOL News

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The Securities and Exchange Commission today accused a former board member of Goldman Sachs and Procter & Gamble of illegally providing tips to his friend and partner, hedge fund manager Raj...

Bernanke: Mideast Threat to US Economy Is Mild -- For Now

Mar 1, 2011 - 12:29 PM |AOL News

Alex Brandon, AP

The spike in fuel prices, sparked by Mideast turmoil, currently poses only a mild threat of broader inflation because the ailing U.S. jobs market has kept a lid on wages, Federal Reserve Chairman Ben...

Wisconsin Protests Divide Neighbors, Friends, Families

Feb 25, 2011 - 2:30 PM |AOL News

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MILWAUKEE -- Brittany Bowes is a public school teacher who has joined the tens of thousands of people protesting in Madison, spending three days at the Capitol to make her voice heard -- much to her...

Providence, RI, School Board Votes to Lay Off All Teachers

Feb 25, 2011 - 2:02 PM |AOL News

The Providence School Board has voted 4-3 to send dismissal notices to all of the Rhode Island school district's 1,926 teachers. Thursday night's meeting was held in a school gymnasium to...

The Deficit Dog That Didn't Bark: Raising the Retirement Age

Feb 23, 2011 - 10:27 AM |AOL News

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"You're going to have to raise the retirement age for Social Security," New Jersey Gov. Chris Christie proclaimed in a recent speech to the American Enterprise Institute. "Oh, I just said it and I...

Revolts From Wisconsin to Libya Pose Economic Threats

Feb 22, 2011 - 5:41 PM |AOL News

Getty Images / AP

Americans are more confident about the state of the economy than at any point in the past three years. But the world may soon burst their bubble. The Conference Board said today that its consumer...

Force Majeure: Libya Oil Exports Move Explained

Feb 22, 2011 - 2:50 PM |AOL News Surge Desk

It's in the contract. Global commodities traders are reporting disruptions of crude oil import and export activity in Libya, Reuters reports. According to the traders, Libya has declared force...