All Economy
Why the poor are paying for Detroit's bankruptcyDetroit's bankruptcy is a model for how wealthier and whiter Americans escape the costs of public goods they鈥檇 otherwise share with poorer and darker Americans.聽Are Detroit, its public employees, poor residents, and bondholders the only ones who should sacrifice when 'Detroit' can鈥檛 pay its bills? Or does the relevant sphere of responsibility include Detroit鈥檚 affluent suburbs?
Fuel economy for new cars hits an all-time highFuel economy has improved drastically in US cars over the past decade, reaching another all-time high in August. The federal government has set new fuel economy goals for the auto industry to reach by 2025.聽
Chick-fil-A founder S. Truett Cathy remembered for fast-food success, gay marriage stanceCathy passed away early Monday after a long and successful career as head of the fast-food chain.
iWatch from Apple may mean the end of plastic credit cardsApple is expected to announce a new iWatch this week, and along with it new mobile payment platform that would be cheaper and easier to use than today's credit-card system. Apple's agreements with MasterCard, Visa, and American Express would allow the iWatch platform to spread quickly.聽
Jobs report: not necessarily a job-killer for Democrats facing votersUS job growth fell short of expectations just two months away from an election. But it's not likely to be fatal for Democrats. The economy is still a top priority for voters, but not at the previous level of intensity.
Fed report finds no one in the US is getting richer. Except the rich.A just-released study from the Federal Reserve found that declining home values have kept America's middle-income families from advancing alongside their wealthiest neighbors.聽Only families at the very top of the income distribution saw widespread income gains between 2010 and 2013
Tesla gets $1.3B in tax breaks from Nevada for new plantGov. Brian Sandoval revealed terms of the deal he negotiated with the electric car maker at a ceremony on the Capitol steps attended by Elon Musk, CEO of California-based聽Tesla.聽
US jobs report for August is worst in eight months. That's not the problem.The US economy added 142,000 jobs in August, coming in well below expectations, and representing the smallest gain eight months. But while the weak jobs report may be a blip, the bigger issue, analysts say, is whether or not the slow growth in wages is holding the US economy back.聽
Family Dollar rejects Dollar General bid. Again.Family聽Dollar聽is rejecting聽Dollar聽General's latest acquisition offer, and聽Dollar聽Tree says it will now divest as many stores as needed to get antitrust clearance for its deal to buy聽Family聽Dollar.
'Bookbook' ad from Ikea mocks Apple in a brilliant wayIkea has released a product video for the cutting-edge intuitive technology embodied in its 'bookbook' 鈥� also known as its 2015 print catalog. The Ikea 'bookbook' ad is a send up of Apple's now-iconic commercials.聽
On England farm, manure drives 100 percent sustainable cheeseWyke Farm is the UK鈥檚 biggest cheesemaker and is now the first U.K. cheddar brand to be 100 percent self-sufficient with several green projects like an anaerobic digester plant that聽converts聽manure聽into energy.
Telsa 'gigafactory' heads to Nevada. More to follow?Telsa Motors appears to have chosen Nevada as the site of its massive battery gigafactory.聽Tesla CEO Elon Musk has said that the company planned to prepare more than one site, to ensure that its so-called gigafactory would stay on schedule to start production of lithium-ion cells and battery packs in late 2017.
Lego is world's largest toy company thanks to 'Lego Movie' successLego聽says its revenue soared 11 percent in the first six months of 2014, mostly because of the success of the 'Lego聽Movie.'聽聽The Danish toy maker said Thursday that it was 'thrilled' by the success.聽
Is it time to repeal the corporate income tax?The argument to repeal the corporate income tax has gained a lot of steam. But what would replace it?聽
Fast food workers in the US strike, face arrests. What progress have they made?Fast food workers from McDonald's, Burger King, and others kicked off another round of nationwide strikes Thursday, re-iterating their demands for a $15 minimum wage and the right to unionize. 聽Since the fast food strikes began in 2012, the wage gap has become a national issue, and several states, cities, and companies have raised minimum pay rates.聽
What five classic Disney movies can teach us about personal financeDId you know that classic Disney movies have hidden financial lessons? Read on for聽five money motifs for you to spot the next time you revisit these treasured Disney films.
Nevada 'gigafactory' brings Tesla closer to electric car for the massesTesla聽chose Nevada as the site for the $5 billion facility, a person familiar with car maker's plans said Wednesday- Tesla chooses Nevada for battery 'gigafactory,' source saysTesla聽Motors has chosen Nevada as the site for a $5 billion 'gigafactory' that will pump out batteries for a new generation of electric cars, a person familiar with the company's plans said Wednesday.The source said Tesla will also move forward with preparing a second site as well.聽
How changing the way we farm could reduce greenhouse gas emissionsCertain farming practices can trap a majority of greenhouse gas (GHG) emissions. On a global scale, this could even lead to a net decrease in atmospheric greenhouse gas levels 鈥� or, in other words, help reverse climate change.
Apple stock (AAPL) falls ahead of iPhone 6 launchApple stock is on track to have its worst performing day since January Wednesday. Apple stock is facing pressure from scrutiny over the security of Apple devices after hackers leaked nude photos of celebrities. Next week, Apple is expected to unveil the iPhone 6.
