Effects Of Automatic Spending Cuts Become Clearer
The clock is ticking on the sequester. That's the Washington term for the across the board spending cuts that will take effect March 1st unless Congress acts to put them off.
Economy
When It Comes To Fashion, Shouldn't There Be An App For That?
In fashion's first hackathon, developers had just 24 hours to build an app for the industry — the finalists will be presented on the runway at New York's Fashion Week. "Right now the industry could really use some innovation," says Decoded Fashion founder Liz Bacelar.
Lew Expected To Be Confirmed As Treasury Secretary
President Obama's nominee for Treasury Secretary Jack went before the Senate Finance Committee Wednesday. Lew appears headed toward confirmation by the full Senate. But he did get some pointed questions from Republicans about his stint as an executive at Citigroup.
Obama Tries To Move Spotlight Off Deficit Reduction
Preschool is just one example of the ways in which President Obama says government can play a constructive role in the economy. He's trying to reorient the debate in Washington from deficit reduction alone to wise investment.
Taxpayers Steaming Over Florida Nuclear Plant's Shuttering
The Crystal River nuclear plant was a driver of commercial life in rural Citrus County, Fla. The power company's decision to close the troubled plant will leave taxpayers and ratepayers on the hook for up to several billion dollars and has residents worried about their region's future.
American Airlines and US Airways Announce Merger
American Airlines and US Airways are planning to merge, creating the world's largest airline. But the deal's impact on the airline industry and its travelers is unclear.
For One Senior, Working Past Retirement Age Is A Workout
John David, 73, is one of the many faces of a growing group of Americans: seniors who work. The former TV producer switched careers in his 50s, becoming a fitness instructor. "This turned out to be the real calling," he says.
Bill cutting North Carolina's Unemployment Benefits goes to Governor
A bill reducing North Carolina's unemployment benefits is headed to the governor. But opponents say this move will hurt thousands of North Carolina families and the state as a whole.
The Face of Forsyth County is Changing
Forsyth County is growing in diversity, outpacing some state and national rates. That's according to a new report released today by the Winston-Salem Chamber of Commerce.
Treasury Nominee's Citigroup Experience Raises Questions For Some
Jack Lew is known as a smart, unassuming budget wonk who has spent most of his career in government policy-making jobs. Lew, President Obama's nominee to be Treasury secretary, is expected to face questions about his management years at Citigroup before the government bailed out the banking giant.