New York (CNNMoney) - The job market made some headway last month, as hiring continued at a pace that beat expectations.
The economy added 195,000 new jobs in June, the Labor Department reported Friday, the same as the hiring pace in May, which was revised higher. Meanwhile, the unemployment rate remained unchanged at 7.6%.
New York (CNNMoney) - As lawmakers race to negotiate a deal to avoid the fiscal cliff, some experts say one tax increase should be on the table: a gas tax hike.
Currently at 18.4 cents a gallon, the federal gas tax is used primarily to build and repair roads, bridges and other transportation infrastructure. The tax raises about $32 billion a year.
New York (CNNMoney) - Until recently, few outside the solar power industry had even heard of Solyndra Inc.
Now the company's bankruptcy has become a case study on an issue likely to gain increasing attention: Should the government be investing taxpayer dollars in promising - but risky - startup companies?