All Economy
Cybersecurity mystery at JPMorgan Chase: What were hackers after?The massive online security breach at JPMorgan Chase has confounded investigators because only customers' contact information appears to have been taken. And there is no evidence that funds were stolen.
Warren Buffet joins a growing club of billionaire car kingsWarren Buffett entered the car market in a big way this week when he announced he will buy the Van Tuyl group, the largest privately owned auto group in the US. Buffett joins a handful of official billionaire car kings in the US.聽
Mysterious Tesla Model S 'D' photo appears after Musk tweet. What could it be?A 聽photo surfaced that purports to show a Tesla Model S 聽'P85D,' fueling the already-hot speculation over what Tesla and CEO Elon Musk will announce next week. 聽
GM recalls over 500,000 more vehicles with suspension problems. Is yours on the list?General Motors announced two new recalls Friday聽pushing its total for the year to 71 recalls affecting nearly 30 million vehicles in North America. Friday's 聽biggest recall affect 430,000 Cadillac SRX 聽and and聽聽Saab 9-4X SUVs with improperly tightened rear suspension nuts.聽
Unemployment hits a six-year low at 5.9 percent. Can wages catch up?The US economy added 248,000 jobs in September and pushed the unemployment rate down to 5.9 percent in an unexpectedly strong report. But despite steady improvements on the unemployment front, low labor force participation and slow wage growth remain a worry for the economy going forward.聽
Mutual funds 101: What's your 'class'?The class of your mutual fund is one of the most important things you should take into account when analyzing your investments 鈥� perhaps even more important than the performance of the mutual fund itself.聽
JPMorgan says data breach hit an unexpected 76 million householdsJPMorgan聽Chase, the nation's biggest bank by assets, said there's no evidence that the data breach included JPMorgan Chase customers' account numbers, passwords, Social Security numbers or dates of birth. It also said it has not seen any unusual customer fraud stemming from the cyberattack.
European Central Bank chief unsure over stimulus sizeMario Draghi, the head of the ECB, called the recovery in the EU, 'weak, fragile, and uneven.'
Google could face $100M lawsuit over celebrity photo hacksA lawyer has threatened to sue Google for over $100 million for failing to take private celebrity photos that were posted online by hackers off the Internet.聽Numerous celebrities including Jennifer Lawrence and Kate Upton, have聽had private pictures stored on their Apple iCloud accounts stolen since September.
How to pick the perfect sleeping bagIt's the perfect time of year for camping, but sleeping under the stars can turn miserable without the right equipment. Here's how to pick the perfect sleeping bag for your camping needs. 聽
Adam Sandler's Netflix deal hits the movie industry while it's downNetflix has signed a deal with comedian Adam Sandler's production company to produce four upcoming films that will bypass movie theaters and premiere exclusively on the streaming service's website. If others follow the lead of Adam Sandler and Netflix, it could mean huge changes for the slumping movie industry.聽
What's coming from Elon Musk and Tesla after 'D' tweet? A few guesses.Tesla CEO Elon Musk took to Twitter Wednesday to tease an Oct. 9 announcement: 'About time to unveil the D and something else.' The tweet unleashed widespread speculation about what Musk and Tesla have coming next.聽
Is it time to reduce your portfolio's exposure to bonds?In the face of eventually rising interest rates, bond investors worry that their returns could suffer.聽Given that today鈥檚 interest rates are considerably lower than historical averages and expected to rise in the future, would now be a good time to sell some of the bonds in your portfolio?
Warren Buffett the car buff? Billionaire buys Van Tuyl Group.Warren聽Buffett's聽Berkshire Hathaway is buying the privately-owned auto dealership company Van Tuyl Group as the billionaire looks to make inroads into the auto industry. If completed, the deal would give Warren Buffett control of the largest privately owned auto dealership group in the US.聽
Jobless claims fall by 8,000, hinting at job market strengthJobless claims among Americans fell unexpectedly fell last week, a sign the U.S. labor market might be tightening.聽Initial jobless聽claims聽for state unemployment benefits dropped 8,000 to a seasonally adjusted 287,000 in the week ended Sept. 27, the Labor Department said on Thursday.
US Ebola case grounds airline stocks; Dow falls 237 pointsThe news of the first Ebola case in the US sent airline stocks plummeting Wednesday, dragging the Dow down 237 points. Even domestic airlines with no presence in Ebola-stricken regions saw their stocks fall drastically.聽
Will California's new low-carbon fuel standards raise gas prices?California has enacted numerous policies to cut transportation-related emissions, improve energy efficiency, and reduce the use of fossil fuels.聽One such policy--the state's Low-Carbon Fuel Standard, or LCFS--is not sitting well with oil companies, which claim the regulation will raise the price of gasoline.
Eleven great apps to help you navigate the farmers marketPicking out the freshest or most environmentally-conscious offerings at the local farmers market can be a challenge. Here are a few聽apps that help increase the impact of each market visit聽for buyers and sellers alike.
Auto sales and airfare deals: the best and worst things to buy in October.True, Black Friday is around the corner, but there are a handful of items that are actually better buys in October. Read on for the best (and worst) October purchases.聽
Revel auction winners will re-open it as a casino. Why?A Canadian asset management company won a bankruptcy court auction for the failed聽Revel聽casino hotel in Atlantic City on Wednesday and plans to re-open it as a casino. 聽Initially built for $2.4 billion, the Revel casino hotel was auctioned off for $110 million.
