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Exxon Mobil Leaving Fairfax For Houston

By 2014, energy giant Exxon Mobil will be moving their Fairfax campus to a new facility in Houston, Tex., moving more than 2,000 jobs out of the county.

NPR

Economy Grew At 'Moderate Pace' In April And May, Federal Reserve Says

According to reports collected by the central bank, the economic outlook remains "positive." That's more upbeat than the kinds of things many economists have been saying in recent days.
NPR

Can Extending Retirement Age Help Social Security?

A recent report warned Social Security could run out of money by 2033, and some policy makers have suggested raising the retirement age. But Steve Cunningham of the American Institute for Economic Research says that strategy would fail to reduce costs, and would disproportionately hurt blue collar workers. He speaks with host Michel Martin.
NPR

Drop In Productivity Paints 'Mixed Picture'

While in the past such a decline has signaled that hiring might soon pick up, that may not be the case this time around.
NPR

'Little Worry' At Federal Reserve About Another Recession, 'WSJ' Says

Policymakers at the central bank aren't convinced that things have gotten significantly worse recently.
NPR

States End Extended Benefits Despite Dismal Outlook

So far this year, 25 states have ended the extended benefits that allowed the long-term unemployed to continue getting benefits. With more states ending the program, it might appear that the economy is improving. But in some state, it just shows things haven't gotten that much worse.
NPR

European Debt Woes Cast Pall Over U.S. Economy

Austerity measures aimed at curing Europe's debt crisis have thrown a number of eurozone countries into recession. The threat of default in Greece, and in even larger countries like Spain, rattled U.S. financial markets. President Obama recently said the troubles in Europe are casting a shadow over the U.S. economy.

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