June jobs report: Hiring beats expectations
July 5th, 2013
08:58 AM ET
1 year ago

June jobs report: Hiring beats expectations

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%.

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Filed under: CNNMoney.com • Economy • Jobs
One fiscal cliff fix: Raise the gas tax
November 28th, 2012
10:19 AM ET
2 years ago

One fiscal cliff fix: Raise the gas tax

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.

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Filed under: 2012 • Fiscal Cliff • gas prices
Solyndra failure shows rift over taxpayer role
September 14th, 2011
02:53 PM ET
3 years ago

Solyndra failure shows rift over taxpayer role

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?

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Filed under: Economy