Twinkie hoarders, artists, and Ding Dong enthusiasts weren't the only consumers affected when Hostess started shutting down plants across America just a few weeks ago.
The economic effects of Superstorm Sandy continue to be felt. According to the Bureau of Economic Analysis, consumer spending edged down 0.2 percent in October from September, and personal income dipped 0.1 percent.
As Bloomberg News says, "Sandy kept some in the Northeast from getting to work or from shopping at malls and car dealerships."
Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.
Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.
"No substantive progress has been made." That's what House Speaker John Boehner had to say Thursday about efforts to avoid automatic spending cuts and tax increases at year's end.
The administration's lead negotiator, Treasury Secretary Tim Geithner, met with congressional leaders from both sides of the aisle Thursday, looking for an agreement on the hazard Congress and the White House created last year to focus their minds on deficit reduction.
Five years after his much-hyped arrival in the United States, David Beckham is playing his last game for the L.A. Galaxy on Saturday. David Greene speaks with Los Angeles Times sportswriter Kevin Baxter about whether Beckham lived up to America's expectations.
Just when you thought you never had to look at another political ad, they're back — this time focused on the big debate in Washington about taxes and spending. Unions, business groups and other special interests have taken their arguments to the nation's living rooms and computer screens.
Fast-food workers staged protests Thursday at restaurants in New York. The workers said their low wages need to be raised. But with the economy still slow, restaurant managers are determined to hold down labor costs so they can offer dollar foods.
The president of the European Central Bank said Friday that the eurozone has yet to emerge from its economic crisis but is on a path to see a recovery by the second half of 2013. But there are still many challenges. Just after that interview, new numbers showed unemployment in the euro zone rose to a record 11.7 percent in October.
Sim City is also among the first 14 titles in the Museum of Modern Art's new video game collection. The New York City museum's website says video games are not only art, they're design. And design is among the selection criteria — along with cultural relevance. MOMA hopes to have about 40 titles when the exhibit opens in March.