Feb 4, 2014 — The Congressional Budget Office says the federal budget deficit in fiscal 2014 will shrink to $514 billion — far less than it was at the height of the Great Recession. While the short-term outlook is a bit brighter, the CBO says there's still plenty to worry about in the long term.
Oct 30, 2013 — The U.S. government ran a deficit of $680 billion in the financial year that ended last month — the first time since 2008 the annual shortfall has been under $1 trillion. But as the AP reports, "It's still the fifth-largest deficit of all time."
Jul 31, 2013 — The U.S. economy grew by an annualized rate of 1.7 percent in the second quarter of 2013, according to gross domestic product data from the Commerce Department. And U.S. companies boosted payrolls by adding 200,000 new jobs from June to July.
Jul 18, 2013 — Analysts said the numbers signaled continued recovery in the jobs market. The news — plus good news on some quarterly earning reports — sent the stock markets soaring in early trading.
Apr 25, 2013 — Six in 10 Americans say they fear tumbling from the middle class in the next few years, according to a newly released poll.
Oct 26, 2012 — Mitt Romney's pledge to add 12 million jobs to the economy over four years may sound like a very big number, especially coming out of a deep recession followed by three years of lackluster job growth. But some economists say it's realistic, and even if President Obama wins re-election.
Aug 22, 2012 — Many Federal Reserve members said there would have to be action fairly soon if the economy didn't pick up, according to the minutes of their most recent meeting. Separately, the CBO warned of a recession if the economy goes off a "fiscal cliff" at the end of year.