All Economy
Hobby Lobby ruling shows Supreme Court gives corporations, not people, more rightsWith Hobby Lobby ruling, the Supreme Court doesn't see economic power struggle between corporations and people, writes Robert Reich. Instead, SCOTUS's ruling gives Hobby Lobby the power to deny employees' rights to contraceptive services.
Challenger Hellcat from Dodge is the most powerful production muscle car everThe Challenger SRT Hellcat is the most powerful production muscle car聽ever鈥攁nd even more powerful than the Viper supercar. The Challenger Hellcat should reach the market later this year.聽
Graco buckle recall: Find out if your car seat is among 1.9 million recalledThe聽recall, announced Tuesday, comes after a five-month spat between聽Graco聽and the National Highway Traffic Safety Administration.
Janet Yellen: Fed doesn't need to start raising interest ratesFederal Reserve Chair Janet Yellen said while there are 'pockets' of increased risk-taking, there isn't a need for the Fed to start raising interest rates. Yellen disputed criticism that the Fed had contributed to the 2008 financial crisis by keeping rates too low in the 2000s.
Obama's 2015 tax plan will cut working class's taxes, new estimates showUS President Barack Obama's 2015 tax plan will translate to cutting taxes for the US's working class while having the wealthiest Americans pay more, according to new estimates. The poorest 20 percent in households will see their after-tax income increase by 0.7 percent, while the top 20 percent's income after taxes will decrease by 1.2 percent.
Why Tim Draper bought an auction's entire bitcoin cacheVenture Capitalist Tim Draper聽bought the entire cache of bitcoins confiscated when the US shut down the online marketplace Silk Road. The bitcoins were auctioned by the US Marshals Service Friday, and Draper is partnering with Vaurum to bring bitcoin to emerging markets.
McDonald鈥檚, Taco Bell, KFC named 鈥榳orst tasting鈥 in Consumer Reports surveyMcDonald's and Taco Bell are among the biggest restaurant chains in the world, but US customers largely prefer smaller, hipper chains like In-N-Out and Chipotle, according to a new Consumer Reports survey.聽
Burger King debuts 'Proud Whopper' to support LGBT rightsBurger King sold a 'Proud Whopper' during the annual聽San Francisco Pride Parade Sunday. Burger King's 'Proud Whopper' is wrapped in rainbow colors, with the message 'We are all the same inside' on the wrapper's interior.
June auto sales: Chrysler, Toyota, and Nissan rise, while Ford slipsChrysler, Toyota, and Nissan report US strong auto sales for June, while Ford and Volkswagen saw US auto sales dip for June. General Motors' auto sales were up 1 percent, despite all of the recalls.
Hillshire and Tyson make merger officialTyson Foods Inc. has signed a definitive deal to purchase Hillshire Brands Co. for $7.75 billion, two days after the maker of Jimmy Dean sausages and Ball Park hot dogs was let out of its agreement to buy聽Pinnacle聽Foods.
Independence Day weekend means more Americans are roadtripping, despite high gas pricesGas prices will be up 15 to 20 cents higher this Independence Day weekend compared to last year, experts predict. But, undeterred by high gas prices, 34.8 million Americans will travel by car to celebrate Independence Day 鈥 a six-year high, according to AAA.- Anthony Noto: Twitter names a new CFO. Who is he?Anthony Noto, Twitter's new CFO, was previously a managing director at Goldman Sachs, where he led Twitter's IPO process. Before that, he served as CFO of the National Football League.
US construction spending show mixed results in MayThe US Census Bureau released the latest read on construction spending Tuesday, showing a mixed bag for May. Both total private construction spending and single family construction spending declined, but non-residential construction spending increased.
Hobby Lobby decision by the numbers: Eight key figuresHere are eight key numbers in the Supreme Court's Hobby Lobby ruling, including company financial information, what constitutes a 鈥榗losely held鈥 company, and the out-of-pocket costs for the forms of contraception involved in the ruling.
FTC: T-Mobile knowingly bilked customers for millions with bogus chargesFTC T-Mobile:聽In its complaint filed in a federal court in Seattle, the Federal Trade Commission claimed that聽T-Mobile聽billed consumers for subscriptions to premium text services such as $10-per-month horoscopes that were never authorized by the account holder.聽
College students create coupon program at local co-opWilliams College students have created a program for shoppers purchase coupons for extra items at a local co-op. These coupons are given to community members in need to receive fresh food.
GM sales increase in June despite expanding recall controversyGeneral Motors has recalled 29 million cars so far this year; the company is facing possible criminal charges and will pay millions to victims. But GM's sales have been strong over the past six months. Can the company continue to withstand the hits to its reputation?
Math error costs US Treasury $5 billion in lost tax revenueThe US Treasury will lose $5 billion in lost revenue over the next decade. Why? Congress used the wrong math formula for the Social Security and Medicare payroll tax.
July is perfect for laptop deals, but skip the Amazon Fire Phone for nowIt is July 1, which means there will be a lot of sales. Shoppers will see big deals on laptops and summer clothes, but hold off buying a TV or the Amazon Fire Phone.
Nissan recalls 2014 Nissan Rogue for steering issueNissan is recalling some 2014 Nissan Rogue crossovers because of a steering problem. An incorrect bolt was installed on the steering column, which could compromise steering.
