All Economy
- Do American drivers care about better gas mileage?The average gas mileage for American automobiles is getting better, but American car buyers still seem uninterested in trading in their pickup trucks and sport utility vehicles for compact cars.
Birchbox brings surprise to online shoppers, savvy marketing to companiesBirchbox is the most recognizable name in 'discovery commerce,' 聽which brings the fun of free samples and window-shopping to online consumers. For retailers, partnering with Birchbox and other sample subscription services is an effective way to get new products into the hands of the right customers.- Why most tax extenders should not be permanentCongress continues to debate the fate of tax extenders, a series of tax breaks that, if continued, would have a major impact on future tax reform efforts.
- Building a career despite the pressure of student debtThe true cost of student debt isn't just paying back loans, but can hinder a college graduate's career by limiting job options, as 27-year-old Evan DeSimone tells NerdWallet.
- Spiders: Gasoline-loving critters trigger Mazda recallSpiders: Gasoline-loving arachnids are weaving webs that block a fuel vent in Mazda 6 sedans. The spiders are drawn by the smell of gasoline. Mazda will recall 42,000 sedans from model years 2010 to 2012.
NCAA Final Four coaches: Who's the highest-paid?NCAA Final Four coaches for Wisconsin, Kentucky, Florida, and Connecticut have earned handsome bonuses for getting their teams this far, on top of their already generous salaries. But which coach is making out the best?- ATM: $37,000 dispensed to homeless manATM $37,000: A homeless man in Maine used the cash advance feature on a bank ATM to give him $700, and he did it 53 times. He filed a bag with $37,000.
- Tesla seeks right to sell cars directly to New Jersey customers in lawsuitElectric vehicle manufacturer Tesla Motors says it wants to sell its cars directly to customers in New Jersey, and is fighting a state law that effectively limits such聽 sales between automakers and car buyers.
What the 'McCutcheon' decision has to do with today's jobs reportWe can't make the reforms we need to raise wages and create new jobs聽because some wealthy people and big corporations have a strangle-hold on our politics. 'McCutcheon' makes that strangle-hold even tighter.
GM files documents to NHTSA. 200K pages related to recall.GM files documents to the National Highway Traffic and Safety Administration related to a defective ignition switch linked to at least 13 deaths. GM聽filed some 200,000 pages of documents to the safety agency by a Thursday midnight deadline.
Private sector recovers jobs lost since 2008. Will wage gains follow?Private-sector jobs, which plummeted in the recession, are at last back to 2008 levels, the Labor Department's jobs report for March shows.聽But public-sector jobs are down, more people want to work, and average hourly wages haven't budged.
Mortgage rates climb to 4.41 percentThe average rate for a 30 year fixed rate mortgage (from FHA and conforming GSE data) increased 2 basis points to 4.41 percent since last week while the purchase application volume聽increased 1 percent.聽
Manco & Manco Pizza owners arrested for tax evasionManco & Manco owners Charles and Mary Bangle were arrested聽on charges that they failed to report nearly $1 million in income and evaded $336,000 in federal taxes. Manco & Manco is a popular chain of pizza restaurants in New Jersey.聽
Tesla Model S sales set a record in NorwayTesla Model S sales set the single-month record in Norway last month, breaking the mark set by Ford in 1986.聽Despite Norway's small population, Tesla Motors has set up four dealerships in the country, capitalizing on the heavy incentives offered to Norway's drivers to go electric.
Amazon Fire TV: How does it stack up against Apple TV and Roku?Amazon Fire TV, Amazons new set-top box streamer, is heating up the battle for your living room. 聽But is Amazon Fire TV any better than Roku or Apple TV?聽
New Mozilla CEO resigns after OKCupid-fanned furor over gay rightsMozilla聽co-founder Brendan Eich is leaving the company after 10 days as CEO, following protests over his 2008 support of Prop. 8, a gay marriage ban in California.- Tax return fraud: Mother, son get prison for $1 million tax scamTax return fraud: Valerie Butler and her son Garry Young Jr. were each sentenced to over a year in federal prison for a scheme to file 299 false tax returns.
Harvard and Culinary Institute: younger chefs are thinking about sustainabilityThe Culinary Institute of America聽 and the Harvard School of Public Health have partnered to bring the food service industry, nutrition sector, public health and environmental sector together in their Menus of Change initiative. Food Tank had the opportunity to speak with a Culinary Institute director about what this means.
The 'McCutcheon' decision will create a vicious cycleAlmost limitless political donations coupled with America鈥檚 dramatically widening inequality create a vicious cycle in which the wealthy buy votes that lower their taxes, give them bailouts and subsidies, and deregulate their businesses 鈥 thereby making them even wealthier and capable of buying even more votes. Corruption breeds more corruption.
Barnes & Noble takes a hit as Liberty Media guts investmentBarnes & Noble stakeholder Liberty Media announced it would be shrinking its stake in the bookseller to about 10 percent of its initial investment. On top of the failure of the Nook e-reader and declining retail sales, can Barnes & Noble weather this latest bit of bad news?聽
