Economy

In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation.

When news of Yahoo's purchase of Tumblr first hit, Tumblr users took their reactions online. The posts were quirky and sharp with plenty of worry about the future.

IRS and Treasury officials can expect a hard time in their appearances on Capitol Hill Tuesday. A key question that so far has not gotten much attention: How did it come to be that social welfare organizations became vehicles for political activity?

The kids competed in "The Secret Millionaire's Club" — an entrepreneurial contest tied to a web and cable series featuring a cartoon Warren Buffett. Thousands competed. Eight of them, ranging from age seven to 16, got to meet Buffett and present their ideas.

A Boeing Dreamliner took off Monday — it was a United Airlines flight from Houston to Chicago. This was the first time the fuel friendly jet was back in U.S. skies in nearly five months. The 787 planes had been grounded since January because of battery problems, which cost United roughly $11 million in revenue.