The White House says restoring the U.S. manufacturing sector is an essential part of getting the economy back on track. GOP candidate Rick Santorum also wants to see tax breaks for manufacturing companies. But economists say tax breaks may not be the best way to help manufacturers.
A $220 million airport opened last year, but has yet to see a single flight. It has become one of the most embarrassing examples of how Spain's regional leaders overspent when the money was flowing freely.
An experimental musical attempts to get at the tension between creation and violence: the love and ambivalence of Americans toward constant expansionism and growth. There's the atom bomb, mystic gods and more.
A new fiscal treaty has alleviated the air of crisis in the European Union, but with unemployment at a 10-year high and austerity measures intensifying the economic slowdown, leaders aren't quite sure how to reconcile the need to stimulate growth with the discipline required by the new pact.
General Motors will suspend production of its Chevrolet Volt for five weeks, due to disappointing sales figures. GM spokesman Chris Lee said the move will "align production with demand." GM sold 7,671 Volts last year, below its original goal of 10,000 cars.
Until this week, Andrew Schiff's personal finances were his own personal business. But that changed when he was featured in an article about how smaller bonuses are leaving Wall Street workers strapped for cash. "I didn't want to be a poster child for greed," he says.
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