All Economy
- Chrysler recall: Should other models be included?Chrysler issued a recall on the 2011 Jeep Grand Cherokee and Dodge Durango. But The Center for Auto Safety says more than 5 million other Chrysler vehicles have the same defective fuel pump.
Could income tax changes hurt the economy?Policy makers and researchers have long been interested in how potential changes to the personal income tax system affect the size of the overall economy. A new paper examines the possibilities.聽
How to get your iPhone 6: A short-term savings plan for luxury itemsHankering for an iPhone 6? Depending on your commitment and expenses, you can make enough room in your budget to afford it with a short-term savings plan. That goes for the iPhone 6, a pair of expensive shoes, or any other indulgence you have your eye on.聽
Mercedes is the latest automaker to get 'self-driving car' license in CaliforniaMercedes-has received a license from the state of California that allows testing of self-driving car prototypes on public roads. Mercedes joins fellow German automaker Audi as the first two companies to receive the license.聽
Home Depot breach hits 56 million cards. Why do hacks keep happening?Home Depot announced 56 million of its customers likely had their credit card information stolen in one of the largest data breaches in history. Why do these breaches keep happening, and what is being done to protect your information?
iPhone 6 shoppers get a snack in line, courtesy of McDonald'sMcDonald's representatives were up before dawn聽聽to provide apple pies and apple slices 聽to early iPhone 6 and iPhone 6 Plus adopters lined up at Apple stores in Chicago and New York. 聽The chain has a vested interest in the iPhone 6's success 鈥� McDonald's announced last week that it will begin accepting ApplePay.聽
Alibaba shares surge 46 percent in historic debutAlibaba聽shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history.聽More than two hours after trading began, Alibaba stock opened at $92.70 and rose from there, hitting a high of $99.70.
Senators go after NFL's 'tax-exempt' statusThe NFL's tax-exempt status is not high on the Congressional to-do list, but that's not keeping some senators, including New Jersey's Cory Booker, from trying to repeal it over the NFL's response聽to domestic violence charges against its players.
Burger King 'black burger' with squid ink goes on sale todayBurger King will begin selling a new black burger in Japan Friday. What makes the special Burger King black burger sauce? Squid ink.
Home Depot data breach was bigger than Target's. Were you affected?Home聽Depot聽said Thursday that a data breach that lasted for months at its stores in the U.S. and Canada affected 56 million debit and credit cards, far more than a pre-Christmas 2013 attack on Target customers. Home Depot said the breach took place between April and September.聽
Alibaba IPO set to be the biggest ever. What's behind the hype?Alibaba, China's leading e-commerce company, has priced its shares at $68 each, raising at least $21.8 billion, 聽and investors are eager to buy its shares that it could easily become the world's biggest initial public offering when it begins trading Friday. Alibaba's IPO, though offering huge potential, comes with some unusual risks.聽
Larry Ellison steps down as Oracle CEO, after 37 years at the helmOracle聽co-founder Larry Ellison is stepping aside as CEO of the business software maker,聽the changing of the guard was announced Thursday.
Household net worth in the US hits a new record, but the wealthy reap the benefitsHousehold net worth has reached its highest in history, fueled by rising stock and housing prices. But with income and wealth inequality widening, most of the gains are still benefitting the wealthy.聽
Farmers do WHAT to keep cauliflower white?As cauliflower matures in the field, the sun naturally alters the color of the head. If it is exposed too long to the sun, the curds turn a dull yellow. This doesn't affect its taste or freshness,聽but it does affect our desire to buy it.
'This is the end' for Sears, analyst saysSears should liquidate, according to a growing chorus of retail analysts including Gary Balter from Credit Suisse. Sears shares have fallen 40 percent in value since last year.聽
Bigger isn't always better: 10 products worth skimping onSize matters for some purchases (including the recently-launched iPhone 6 Plus), but there are a few products where you're actually better off 'skimping' and getting the smaller, less expensive option. Read on for tips for downsizing your shopping.聽
Tesla wins the battle to sell in Masachusetts. Which states are 'pro-Tesla?'Tesla Motors has won another battle in a state-by-state war between the automaker and car-dealer associations after a court granted it right to sell from its company owned-stores in Massachusetts. With the decision, Massachusetts joins Minnesota, North Carolina, 聽and New York in the 'pro-Tesla' camp.
Blue Origin deal kicks off Elon Musk and Jeff Bezos' battle for spaceBlue Origin, Jeff Bezos' space engine company, will partner with United Launch Alliance, the Amazon CEO聽announced Wednesday. The new partnership unites the two biggest competitors to Elon Musk's Space X. This could the beginning of a battle between Jeff Bezos and Elon Musk.
Jobless claims fall sharply; August numbers revisedThe job market got two good bits of news today: jobless claims dropped sharply last week, and August's disappointing jobs report was revised upward by 7,000 jobs added. 聽Both are signs聽that the job market is strengthening.
Alibaba buyer? You're investing in these companies, too.Alibaba is set for a record-breaking IPO this week. But in addition to being a hot property on its own, Alibaba has been bankrolling some businesses you may know well.聽
