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On The Economic Ladder, Rungs Move Further Apart

Many Americans have long believed that the United States is a land of opportunity, where anyone who works hard can climb the economic ladder. But evidence from recent decades indicates that, for many Americans, that dream of economic mobility falls short.

India's Parliament Blamed For Slow Economic Growth

India's gridlocked political system is being blamed for a slow down in the country's previously rapid economic growth. The reform process that started the boom has come to a grinding halt in parliament — and many business leaders say the political uncertainty is discouraging further investment.
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Business Licenses And DC's 'Vintage' Stores

We look at what's going on in the local small business community, where several stores selling vintage furniture, secondhand books and old records say they've gotten mixed messages from the Department of Consumer and Regulatory Affairs.


On Second Thought, Maybe Consumer Confidence Isn't That High

While one group's measure hit its highest level since 2007, another's declined in May.

Home Prices Haven't 'Turned,' But Some Edged Up As Quarter Ended

The first quarter was another down one. But as it ended — in March — there were slight to modest gains in 12 cities.

Dire Predictions Amid Another Looming Fiscal Battle

The Bush-era tax cuts expire at the end of the year, along with the payroll tax break; the nation's borrowing authority bumps against its limit; and huge mandatory spending cuts — half targeting defense — are set to kick in. All this could trigger another recession, but Congress is unlikely to do much about it until after November's election.

American Dream Faces Harsh New Reality

The idea of the American Dream is woven through this country's politics, music and culture. It suggests a belief that hard work pays off, and that children will have a better life than their parents. But as the effects of the economic downturn continue to reverberate, many feel the American Dream is in jeopardy.