All Economy
New York Times to cut 100 newsroom jobs; stock jumpsThe New York Times said on Wednesday that聽it would cut jobs to lower costs and invest the savings in its 'digital future' as advertising revenue from its print business dwindles. New York Times stock rose 7 percent on the news.聽
Does renouncing US citizenship really save money?Renouncing US citizenship is a growing trend among high-earning expats living abroad, including Tina Turner and Facebook co-founder Eduardo Saverin. But does it make economic sense?聽
ADP says private firms added 213,000 jobs in SeptemberADP聽says private employers added 213,000 jobs last month, up slightly from 202,000 in August. Job gains above 200,000 are usually enough to lower the unemployment rate, but the ADP figures can diverge from the official government jobs report, coming out this Friday.
How school spending by the rich is widening the wealth gapWealthier parents have been stepping up education spending so aggressively that they're widening the nation's wealth gap, studies suggest.- Oil, railroad companies want seven years to fix tank carsThe president of the American Petroleum Institute told reporters Tuesday it could take up to one year for manufacturers to prepare to overhaul tank cars.
FCC votes down the 'blackout rule.' Will the NFL stop showing free games?The FCC voted unanimously to end its support of the NFL's blackout rule, a decades-old provision that keeps games with poor ticket sales off network TV. Before the FCC ruling, the NFL had suggested that ending the blackout rule could hasten its move to being solely accessible on pay-TV.聽
Consumer confidence takes biggest dip since the government shutdownUS 聽consumer聽confidence聽dropped in September after hitting the highest level in nearly seven years in August, according to the Conference Board.聽It was the first decline in Consumer Confidence after four months of gains.
Home prices rise at slowest pace in two years. Why that鈥檚 good news.Home prices across the country鈥檚 major cities grew at their slowest pace in nearly two years in July, according Case-Shiller's 10- and 20-city home price indices. But for couples with an improving job market, the home price slowdown could help ramp up home purchases later in the year.聽
Apple's EU tax problems: Who will have to pay?The European Commission has confirmed it believes Apple and Ireland breached guidelines on state aid over Apple's Irish tax arrangements.聽If the tax arrangements are found to be illegal, then Ireland may be forced to recover the funds from Apple.
Need an iPhone 6 case? The best accessory deals.If you have ordered an iPhone 6 or iPhone 6 Plus since Apple's announcement earlier this month, then you might now be trying to figure out how to accessorize and/or protect your precious gadget.聽We've rounded up some of the best deals on iPhone 6 cases and the like.
Health insurance plans: Five tips about Medicare AdvantageHealth insurance plans can be complicated, and the wide array of differences in types of Medicare coverage can make it even more so. Understanding your Medicare options can help you save your money and sanity when it comes to choosing health insurance plans.聽
Walmart: Tracy Morgan responsible for 'failure' to wear seatbelt in crashTracy聽Morgan聽and others in a limousine struck from behind by a Walmart truck in June are at least partly to blame for their injuries because they weren't wearing seatbelts, the company said in a court filing Monday. The Walmart filing was made in response to a lawsuit 聽Tracy Morgan filed in July over the accident.聽
PayPal to split from eBay in 2015 and go publicPayPal is splitting from eBay and will become a separate and publicly traded company next year.聽Almost a year after billionaire Carl Icahn opened a proxy fight and pressured eBay for a spinoff of PayPal, eBay President and CEO John Donahoe announced the split Tuesday.
Shareholders balk as Ford hedges profit outlookFord聽shares聽tumbled Monday after the automaker said it will fall short of its full-year profit goals.
Do self-driving cars have more 'green' potential than plugins?Self-driving or electric? One researcher contends that green-car advocates should support connected cars that are increasingly intelligent, leading toward partly and fully automated driving.- The $300 billion question: How should we budget for federal lending?According to official budget rules, taxpayers will earn more than $200 billion over the next decade from new student loans, mortgage guarantees, and the Export-Import Bank. According to an alternative that CBO favors, taxpayers will lose more than $100 billion.
Arctic greenhouse provides locals fresh produce year-roundA greenhouse聽in the northern Canadian community of Kuujjuaq, Nunavik is providing fresh local聽produce for residents of the Arctic region for the first time.聽The greenhouse will help improve local food security by extending the growing season past the summer months.
Toyota recall includes 690,000 Tacoma pickups from 2005-2011Toyota will recall聽690,000 Tacoma pickup trucks because the rear leaf springs could break, puncture the gas tank and cause a fire. Owners affected by the Toyota recall will be notified by mail and have the problem fixed at no additional cost.聽
Macy's to hire 86K extra workers to keep up with holiday rushMacy's聽plans to hire about 86,000 seasonal holiday workers nationwide, a 3.6 percent increase from last year. 聽Macy's said聽Monday that the growth is being fueled by its expanding online business.聽
iPhone manufacturer Foxconn to sell $15K electric carFoxconn, well-known for manufacturing Apple iPhones, announced in June that it would build an electric car聽and that it would sell for less than $15,000.聽Foxconn is reportedly looking to expand its business beyond contract manufacturing for Apple and other companies like Microsoft and Sony.
