World News Center
The nearly forgotten Mariner explosion is just as bad as the BP oil spill
September 10, 2010It's never a good time for an oil rig to blow up in the Gulf of Mexico, but Mariner Energy's Vermillion 380 platform couldn't have gone off at a worse time. The government and the media were already scrutinizing offshore drill production in an unprecedented way. Thirteen unlucky workers were ejected off of Vermillion into the water last week. And Mariner inadvertently became the latest part of a national political debate about the safety of offshore drilling.
Fed: 'Widespread signs' economy is slowing
September 10, 2010The economy grew at a sluggish pace through the summer months, and there are now "widespread signs" thatactivity is slowing, the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.
Help for homeowners who haven't missed a payment
September 10, 2010Borrowers who are up-to-date with their payments but have seen their home's value drop way below their loan amount could get help from a new government program.
Obama's bridge, train and road fix
September 10, 2010Government transportation spending is full of costly boondoggles.
Teaching: No longer a recession-proof job
September 10, 2010When Jenny Frank decided to become a teacher, she thought she was going into a profession that could weather any recession.
Cotton shortage = Pricey T-shirts and jeans
September 10, 2010Attention T-shirt fans: Bag those deep discounts now because come January, stores could have you paying more for your favorite clothing.
Obama: Close tax loopholes to juice economy
September 10, 2010As 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.
Reducing obesity won't lower health costs
September 10, 2010A 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.
Obama tax breaks: Limited help for small biz
September 10, 2010President 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.
Jobless claims slide to a nearly 2-month low
September 10, 2010The 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.
