All Economy
US job openings highest since 2001, but hiring slipsUS job openings reached 4.84 million in August, according to the Labor Department's Job Openings and Labor Turnover Survey (JOLTS). It was the highest number of openings since 2001, the year the government began tracking JOLTS data.聽
Halloween deals are already here: 8 from Sears, Groupon, and moreHalloween is still weeks away, but that hasn't stopped a ton of merchants from releasing spook-tacular coupons and discounts. A roundup of the best early Halloween deals from the Disney Store, Pottery Barn, and more.聽
Home prices rise 6.4 percent in August, but pace is slowingUS home聽prices聽increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers. Prices聽rose 6.4 percent in August compared with a year ago,聽a decline from an annual gain of 6.8 percent in July, according to CoreLogic.
How can states fix $1 trillion in underfunded pensions?State governments face at least a $1 trillion gap聽between pensions promised to their employees and retirees and the funds set aside to cover these liabilities. There are ways out of the pension pickle, but none of them are easy.聽
Amazon under investigation from EU over Luxembourg tax practiceThe move is part of a wider crackdown on multinational firms' ability to avoid taxes by shifting profits and costs between countries.
Soda-tax showdown heads for ballot in San Francisco, BerkeleySan Francisco and another California city have put soda taxes on their ballots, despite similar efforts鈥 notable failure in other cities, such as New York.- Hewlett-Packard breakup means the death of the hardware superstoreHewlett-Packard will split into two companies, worth about $55 billion apiece. The breakup is meant to give the two HP companies the agility to better respond to market demands, but there could be trouble ahead.聽
NBA will reap more than $2.6 billion per year from new TV deal, source saysESPN and Turner Sports' TNT will continue to air NBA games, both regular season and playoffs, through the 2024-25 season.
Waldorf Astoria sale is the most expensive ever for a US hotelThe famed Waldorf Astoria hotel in New York will be sold by Hilton for聽聽$1.95 billion to China-based buyer Anbang Insurance Group.聽The price makes the Waldorf Astoria the most expensive single hotel ever sold in the US, according to a hotel industry consulting firm.
Saks Fifth Avenue ID theft ring bought over $400,000 designer goodsAn identity theft and fraud ring聽 鈥 at least eight people 鈥 funneled stolen data to some corrupt Saks Fifth Avenue employes聽to create sham transactions to聽buy over $400,000 worth of designer shoes, handbags and accessories,聽authorities said Monday.
Black Friday will be different in 2014: 13 waysBlack Friday may be the busiest shopping day of the year, but when it comes to sales, no two Black Friday seasons are alike. 聽Read on for a baker's dozen of differences between this year's Black Friday and last.聽
Hewlett-Packard (HPQ) splits. Will it make HP a tech leader again?Hewlett-Packard (HPQ) announced Monday that the company will split into Hewlett-Packard Enterprise and HP Inc. According to HP, the split will allow the two companies to focus on more specific parts of the technology industry.聽
Playing chicken: Burger King slashes nuggets price to mess with McDonald'sBurger King today is slashing the price for a 10-piece serving of its Chicken Nuggets to $1.49, dealing a double blow to McDonald鈥檚.聽The limited-time offer cuts the price for Burger King鈥檚 Nuggets to nearly one-third the $4.29 McDonald's price for 10 Chicken McNuggets.聽
Credit scores revamped, but it won't matter for home loansCredit scores from FICO, the leading model used by lenders and creditors, will get a reboot this fall. The new FICO model will place less emphasis on medical debt, which can be very damaging to consumer credit scores, but such debt will still have consequences for people trying to secure mortgages.聽
Ford faces NHTSA investigation over power steering failuresFord is being investigated by the NHTSA over complaints that the power steering can fail on three of the automaker's midsize car models. The NHTSA probe affects聽938,000聽Ford聽Fusion and Lincoln MKZ cars from the 2010 through 2012 model years, as well as the 2010 and 2011 Mercury Milan.
Car insurance is becoming unaffordable for low-income drivers: studyThe biggest car insurance companies don't offer basic policies for less than $500 a year, and those聽high premiums sometimes mean driving without coverage for low-income drivers.聽Despite exorbitant costs, there are ways consumers can save on car insurance.
Why Wal-Mart is getting into the health insurance gameWal-Mart is taking聽one-stop shopping to another area: health insurance. Wal-Mart announced Monday that it聽plans to work with DirectHealth.com to allow shoppers to compare coverage options and enroll in Medicare plans or the public exchange plans created under the Affordable Care Act.
Hewlett-Packard (HPQ) to split into two public companies. Stock soars.Hewlett-Packard聽(HPQ) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations. Hewlett-Packard stock jumped 5 percent on the news.聽
San Francisco and Berkeley consider a 'sin tax' on sugary drinksSugary soft drinks and sports beverages are the single biggest calorie sources for teens, and are disproportionately consumed by low-income households, say studies.- Marriott fined $600,000 for jamming guests' personal Wi-Fi networksMarriott's Opryland hotel in Nashville first blocked personal Wi-Fi connections,聽then charged between $250 and $1,000 per access point, says the FCC, who levied the fine.
