All Economy
- Consumer spending falls just 0.2 percent despite fuel plungeConsumer spending in the US fell for a second straight month in January, declining 0.2 percent. But since it was driven by a big drop in gas prices, the decline should prove to be a positive for the economy, analysts say.聽
- Costco ditches AmEx; joins with Citi, Visa for new credit cardCostco, the wholesale club retailer,聽said on Monday it had entered into agreements with Citigroup and Visa聽for co-branded credit cards.聽Citigroup will become the exclusive issuer of聽Costco's credit cards and Visa聽will replace American Express as the credit card network for聽Costco聽in the United States.聽
- Roth IRA, retirement products face crackdown from the Obama administrationRoth IRAs and other retirement plans can cost Americans $17 billion every year when sold by brokers with conflicts of interest, according to a White House report. For example,聽a worker who rolled a $100,000 401(k) into an Roth IRA at age 45 could lose $37,000 in potential earnings by age 65 because of such conflicts.聽
- A crash course in auto accident liabilityThe pros and cons of no-fault insurance: What's best for you?
- Earn Starwood Starpoints with UberStarwood travelers can now earn more points by using Uber.聽
Uber driver data hackedUber says a database of names and license number of 50,000 of its drivers was breached last May. The company said the breach affects drivers in multiple states, but is only a 'small percentage' of total current and former drivers.
Warren Buffett shareholder letter: What does 50th anniversary missive say?On Saturday, Berkshire Hathaway released CEO Warren Buffett's annual letter to shareholders. Here are a few highlights, and a link to the full letter.聽
Five tool deals that could save your house (and your wallet)There's never a bad time to upgrade your toolbox, so read on for this week's best tool deals from Walmart, Home Depot, Sears, and more.聽- Three great travel deals for spring breakFind some sun this spring break and save big on these offers from United, Southwest, and JetBlue to Las Vegas, Mexico, and the Caribbean.聽
- NHTSA ramps up Takata airbag investigation. Forced recall ahead?The NHTSA has announced plans to ramp up its investigation of Takata, the airbag company linked to several deaths in recent years. This week, the agency聽announced several changes that boost the likelihood of broader recalls of Takata airbags.
- Fiat Chrysler recalls 467K Dodge, Jeep SUVs for possible stallingFiat聽Chrysler is recalling more than 467,000 Dodge and Jeep SUVs worldwide to fix a faulty fuel pump relay at the root of a potential stalling problem.聽The recall announced Friday by Fiat Chrysler covers 2012 and 2013 Dodge Durangos and 2011 Jeep Grand Cherokees聽
- McDonald's at the crossroads. Again.McDonald鈥檚 is losing sales, customers and market share globally. The fast food giant filed its annual report with the SEC this week, offering few new insights into how it intends to reverse its precarious position.
TJX follows Wal-Mart minimum wage hike: Will retail industry fall in line?TJX announced Wednesday that the company will raise minimum wages to $9 per hour. The move comes less than a week after Wal-Mart announced similar pay increases, a decision analysts say may have forced the entire retail industry's hand.- Amazon Prime: How to get one month for freeAmazon Prime members whose packages aren't delivered by the 'guaranteed delivery date' can request a one-month membership extension. In fact, you can request an Amazon Prime extension up to 12 times per year.聽
- Barnes & Noble decides to keep Nook after allBarnes聽&聽Noble聽is keeping its Nook Media digital business after planning to聽combine Nook and its college bookstores into a single company separate from its retail operations.
Black and blue or gold and white? How #thedress broke the Internet.Is the dress blue and black or white and gold? How a聽A badly lit photograph of a $77 off-the-rack dress broke the Internet Friday, spawning arguments, memes and half-baked pseudo-scientific explanations over the viral frock's real colors.- Net neutrality rules pass FCC. Why Comcast shouldn't worry.The FCC's new net neutrality rules, voted in Thursday, prevent聽cable companies from blocking Internet content or creating digital 'fast lanes' for preferred customers, something Internet providers haven't engaged in. Bigger reforms would break up the broadband monopolies.聽
- Google to launch 'Android Pay': reportGoogle will launch a new automatic-payments tool called Android Pay, rather than competing against Apple with its existing Wallet system, according to reports.聽The Android Pay system will debut in May at聽Google鈥檚 conference for developers, according to sources.聽
KFC to sell a 'Scoff-ee Cup' you can eat? At least, it sounds delicious.Kentucky Fried Chicken will test an edible coffee cup at their British restaurants. Is this the future of grab and go beverages?聽- Jobless claims jump by 31K, but hiring still strongJobless claims by US workers rose 31,000 to a seasonally adjusted 313,000, the most in six weeks. But the average for jobless claims has been near or below 300,000 since September, a historically low number that suggests companies are holding onto their staffs and may even be stepping up hiring.
