Money http://www.wcti12.com/-/13530288/14413326/-/d78bdwz/-/index.html WCTI12 recent articles. en-US © 2012 WCTI. Home Home en-US © 2012 WCTI. Dow sinks 200 points after Fed hints at stimulus easing http://www.wcti12.com/news/money/Dow-sinks-200-points-after-Fed-hints-at-stimulus-easing/-/13530342/20628802/-/6o0nyd/-/index.html Federal Reserve chairman Ben Bernanke tried to carefully explain how the central bank will figure out when it's the right time to pull back on its monthly bond purchases, but investors didn't have any of it. The Dow Jones industrial average tumbled m... Wed, 19 Jun 2013 20:09:08 GMT 20628802 2013-06-19T20:09:08Z No tapering: Federal Reserve to continue stimulus http://www.wcti12.com/news/money/No-tapering-Federal-Reserve-to-continue-stimulus/-/13530342/20633916/-/cyegbs/-/index.html The Federal Reserve gave no indication in its written statement Wednesday that it plans to soon scale back its purchases of bonds and other assets, as it continues its efforts to boost the U.S. economy. In a policy statement, the central bank said it ... Wed, 19 Jun 2013 18:54:20 GMT 20633916 2013-06-19T18:54:20Z Poll: Are you better or worse off than last year? http://www.wcti12.com/news/politics/CNN-Economy-Poll-Are-you-better-or-worse-off-than-last-year/-/13530382/20626590/-/dyrkhn/-/index.html Call it a mixed bag. They're still a minority, but an increasing number of Americans say economic conditions right now are good, according to a new national poll. Wed, 19 Jun 2013 18:37:01 GMT 20626590 2013-06-19T18:37:01Z IRS to pay $70 million in bonuses http://www.wcti12.com/news/money/IRS-to-pay-70-million-in-bonuses/-/13530342/20633050/-/11asedj/-/index.html The Internal Revenue Service is expected to dole out $70 million in bonuses to employees, according to a senator. Wed, 19 Jun 2013 17:30:05 GMT 20633050 2013-06-19T17:30:05Z The $380 million royal baby bump http://www.wcti12.com/news/money/The-380-million-royal-baby-bump/-/13530342/20632368/-/w8u1d7z/-/index.html The future heir to the British throne is still weeks away, but the U.K. economy is already bracing for a royal baby bump. Wed, 19 Jun 2013 17:26:30 GMT 20632368 2013-06-19T17:26:30Z Men's Wearhouse fires the 'I guarantee it' guy http://www.wcti12.com/news/money/Men-s-Wearhouse-fires-the-I-guarantee-it-guy/-/13530342/20629004/-/jci5r0/-/index.html Men's Wearhouse executive chairman George Zimmer has been "terminated," the clothing retailer said on Wednesday. Zimmer opened the company's first store in Houston in 1973. He's been the bearded face of Men's Wearhouse in television ads for years, fam... Wed, 19 Jun 2013 17:24:11 GMT 20629004 2013-06-19T17:24:11Z Tesla announces Model S recall http://www.wcti12.com/news/money/Tesla-announces-Model-S-recall/-/13530342/20627978/-/13q2vr4/-/index.html Tesla Motors has announced the first recall of its widely-praised Model S sedan for a seat problem. CEO Elon Musk announced the recall with a tweet and a blog post early Wednesday. Musk said Tesla has discovered a problem with a weld that could allow o... Wed, 19 Jun 2013 16:15:47 GMT 20627978 2013-06-19T16:15:47Z Which majors are most likely to be underemployed? http://www.wcti12.com/news/money/Business-majors-most-likely-to-be-underemployed-report-finds/-/13530342/20626578/-/33rn2tz/-/index.html What you major in can mean the difference between making an annual salary or making Frappucinnos post-graduation, according to a recent report. Wed, 19 Jun 2013 11:21:31 GMT 20626578 2013-06-19T11:21:31Z Men are disappearing from the workforce http://www.wcti12.com/news/money/Men-are-disappearing-from-the-workforce/-/13530342/20626896/-/lub3xf/-/index.html Men have been steadily disappearing from the workforce for more than half a century. Wed, 19 Jun 2013 11:15:53 GMT 20626896 2013-06-19T11:15:53Z China's fastest-growing cities for multi-millionaires http://www.wcti12.com/news/money/China-s-fastest-growing-cities-for-multi-millionaires/-/13530342/20621696/-/4otcgdz/-/index.html Move over Beijing and Shanghai! Make room for some new up-and-coming Chinese cities where multi-millionaires are taking over. Wed, 19 Jun 2013 09:31:22 GMT 20621696 2013-06-19T09:31:22Z CBO: Immigration bill could cut deficits by $175 billion http://www.wcti12.com/news/money/cbo-immigration-bill-could-cut-deficits-by-175-billion/-/13530342/20621466/-/apdy6sz/-/index.html A bipartisan Senate bill that would create a path to legal status for many of the 11.5 million undocumented immigrants in the United States could reduce deficits by $175 billion over the first 10 years. Wed, 19 Jun 2013 08:31:57 GMT 20621466 2013-06-19T08:31:57Z Chrysler relents, agrees to recall 2.7 million Jeeps http://www.wcti12.com/news/money/chrysler-agrees-to-recall-27m-jeeps/-/13530342/20609486/-/5wgqok/-/index.html Chrysler Group reversed course and agreed to a recall of 2.7 million Jeeps Tuesday, giving in to the government's request in the final hours before a deadline. Chrysler stated last week that it would not comply with the recall demand, arguing that the... Tue, 18 Jun 2013 23:32:12 GMT 20609486 2013-06-18T23:32:12Z Obama: Bernanke has 'stayed a lot longer' than expected http://www.wcti12.com/news/money/Obama-Bernanke-has-stayed-a-lot-longer-than-expected/-/13530342/20609958/-/p9hv4cz/-/index.html President Barack Obama hinted Monday that he will not reappoint Ben Bernanke to a third term as Federal Reserve chairman. Tue, 18 Jun 2013 20:30:41 GMT 20609958 2013-06-18T20:30:41Z It's official: Jack Lew's new signature http://www.wcti12.com/news/money/It-s-official-Jack-Lew-s-new-signature/-/13530342/20615210/-/vwq87wz/-/index.html It's official: Treasury Secretary Jack Lew has undergone a transformation, at least when it comes to penmanship. Tue, 18 Jun 2013 18:47:23 GMT 20615210 2013-06-18T18:47:23Z G-8 promises to tackle tax cheats http://www.wcti12.com/news/money/G-8-promises-to-tackle-tax-cheats/-/13530342/20613416/-/10eka9x/-/index.html The world's major developed economies committed Tuesday to step up efforts to make individuals and companies pay the taxes they owe. Tue, 18 Jun 2013 17:26:18 GMT 20613416 2013-06-18T17:26:18Z Home building continues to rise http://www.wcti12.com/news/money/Home-building-continues-to-rise/-/13530342/20610498/-/t953h7/-/index.html The pace of home building gained steam in May, another sign of the housing market's recovery. Tue, 18 Jun 2013 15:11:04 GMT 20610498 2013-06-18T15:11:04Z Fla. blocks locals from votes on sick pay law http://www.wcti12.com/news/national-news/Fla-blocks-locals-from-votes-on-sick-pay-law/-/13530322/20608468/-/142n0cs/-/index.html Florida's governor has signed a law that says cities and counties cannot make businesses offer paid sick leave. Tue, 18 Jun 2013 11:03:33 GMT 20608468 2013-06-18T11:03:33Z 22,737 pounds of beef recalled on E. coli fears http://www.wcti12.com/22737-pounds-of-beef-recalled-on-e-coli-fears/-/13530288/20623300/-/rw3y2c/-/index.html The United States Food Safety and Inspection Service announced Tuesday that 22,737 pounds of ground beef products are being recalled on fears that they may be contaminated with E. coli O157:H7. Tue, 18 Jun 2013 08:40:40 GMT 20623300 2013-06-18T08:40:40Z Exxon sued over Arkansas pipeline spill http://www.wcti12.com/news/money/Exxon-sued-over-Arkansas-pipeline-spill/-/13530342/20560128/-/vgikiyz/-/index.html The Arkansas Attorney General and the federal government are suing ExxonMobil, alleging improper waste storage and water contamination stemming from a March pipeline spill that sent thousands of barrels of heavy tar sands crude flooding into the smal... Tue, 18 Jun 2013 01:51:04 GMT 20560128 2013-06-18T01:51:04Z Just thinking about money can corrupt you http://www.wcti12.com/news/money/Just-thinking-about-money-can-corrupt-you/-/13530342/20593170/-/4or305z/-/index.html Simply thinking about money can trigger people to lie, steal and make unethical decisions, new research shows. Mon, 17 Jun 2013 20:29:06 GMT 20593170 2013-06-17T20:29:06Z