Economy

Pope Francis celebrates his inaugural Mass inside the Sistine Chapel at the Vatican.

Midday Roundup: A pope enamored with humility

Newsworthy |  A humble man. Coverage of Pope Francis’ first day in office continues to flood the internet and the airwaves. The word used most often to describe the new…

Are politics strangling a revival in Detroit?

Are politics strangling a revival in Detroit?

Cities |  Since the Motown sound went silent—except on oldies stations—and General Motors and Chrysler (but not Ford) required life support from Washington, there…

Rep. Paul Ryan, R-Wis., presents the GOP budget proposal at a press conference on Tuesday.

Budget battle

Congress |  House Republicans, led by Rep. Paul Ryan, lay out a balanced budget plan in anticipation of a Democratic alternative that emphasizes more taxes and spending

Fans cheer on Carl Edwards as he wins Sunday's NASCAR Sprint Cup race in Phoenix.

Dollars and Sense: Phoenix rises from the ashes of economic doldrums

Money |  Regional reports. On assignment for WORLD, I’ve been in Tennessee, Colorado, and Arizona this week. I flew into Phoenix, the largest city in the state, and…

Bernanke near his office in the Federal Reserve building in Washington
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The house that Ben built

Economy |  Behind Washington fights between the White House and Congress over taxes and spending, Federal Reserve Chairman Ben Bernanke has pursued a high-risk strategy…

NOT OUT OF SERVICE: Capitol worker Jermaine Washington cleans the floor outside of Senate Minority Leader Mitch McConnell’s office.
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Cut and dried

Politics |  The March sequester created no crisis, but may yet shape budget politics for the rest of the Obama era

Sowing confusion
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Sowing confusion

Politics |  When it comes to an Obama-led sequester and its aftermath, it’s not just fallout, it’s a strategy

President Obama's motorcade heads back to the White House following a dinner meeting with GOP senators on the sequester.

Wasting away in Sequesterville

Economy |  The musical Annie is enjoying another revival on Broadway. The show opened during the Carter administration when America was in need of some optimism. “The…

Don't Walk By volunteers reach out to the homeless on a New York City subway platform.

Don’t walk by

Compassion |  Homeless ministries complete project to canvass every block in Manhattan, as new numbers show homelessness in New York reaching record highs

President Obama speaks to reporters on March 1 about sequestration.

White House hysteria

Politics |  Republicans continue to call the Obama administration’s bluff on the so-called ‘devastating list of horribles’ caused by sequestration

A trader works on the floor at the New York Stock Exchange Wednesday.

Dollars and Sense: How did we fare in February?

Money |  February fades. When you consider everything we’ve been through, February ended better than we had a right to expect. When you consider the fiscal cliff…

Rep. Paul Ryan, R-Wis.

Ryan's hope

Economy |  House Budget Committee Chairman Paul Ryan (R-Wis.) is looking beyond Friday and the beginning of the sequestration. In an interview I conducted with him on…

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