All Economy
Top 12 weirdest tax rules around the worldCountries across the globe have justified deductions, extra percentages, and wacky ways of coming up with tax revenue. Here's a countdown of the 12 strangest tax laws around the world.
Home foreclosures jump. Wait, haven't we already seen this show?Home foreclosures jumped 8 percent in January over December, a sign that America's housing market does not yet have a clean bill of health. But neither do they point to some big new danger. Here's what's going on.
Retail sales sluggish. Winter weather to blame?Retail sales were sluggish in January as the economy surely felt the effects of wild winter weather. But certain trends in the retail sales report suggest the slowdown could extend beyond the winter months.聽
Electric cars: China exends EV subsidies beyond 2015Electric cars will continue to be subsidized in China聽as part of a continuing effort to jump-start plug-in sales and reduce air polution. Subsidies for electric cars will continue beyond 2015.聽
Comcast buys Time Warner Cable. What does it mean for customers?Comcast and Time Warner Cable announced a $45.2 billion deal Thursday that merges the two biggest cable providers in the US. If it can get past antitrust regulation, what will the deal mean for millions of Comcast and Time Warner Cable customers?聽
Valentine's Day freebies: Krispy Kreme, Starbucks, music, and moreValentine's Day doesn't have to break the bank. Surprise your loved one this Valentine's Day with a dozen Krispy Kreme doughnuts, share two Starbucks lattes for the price of one, then cuddle up to watch a romantic Disney movie 鈥 all for free.聽- Paula Deen: Who's investing $75 million in her comeback?Paula Deen is getting a $75 to $100 million cash infusion to launch her return to the marketplace. The new company, Paula Deen Ventures, will be financed by the private-equity firm Najafi Companies.
- Comcast set to buy Time WarnerThe country's two largest cable companies will become one, an anonymous source familiar with the subject said Wednesday. An announcement is expected Thursday.
Is Bitcoin plunge a short-term setback, or a long-term confidence-buster?The high-flying digital currency has plunged to half its former value. Code glitches that led to the crash can be remedied and the currency strengthened, Bitcoin enthusiasts say. Doubts about its long-term viability persist, however.
Newegg announces Amazon Prime-like serviceOnline retailer Newegg.com has announced testing of a service that offers expedited shipping and other perks. Dealnews.com's Louis Ramirez explores whether this could be a good deal for customers.聽
Chick-fil-A will switch to antibiotic free chicken within five yearsChick Fil-A will phase out its use of antibiotic chicken over the next five years, the company announced Wednesday. The Chick-fil-A pledge is one of several changes the company has touted in the past year to boost its image as a healthier fast food option.聽
Toyota recall: 1.9 million Prius vehicles recalled to fix software glitchToyota recall involves 1.9 million Prius vehicles with 2010 to 2014 model years. No accidents or injuries have been reported in relation to the Toyota recall.聽- Why the three biggest economic lessons were forgottenAmerica lost track of what trends do the most to promote lasting economic growth, argues Robert Reich, and that a healthy economy is one that benefits everyone.
Bitstamp halts transactions. Is Bitcoin too Libertarian to succeed?Bitcoin's bad week rolls on, with Bitstamp, another major exchange, being targeted by hackers and halting transactions. Can Bitstamp and Bitcoin at large, which was conceived as a way to sidestep government currency controls, succeed without federal regulation?聽- Dubai eyes income-based limit on car ownershipGovernment officials in Dubai are considering regulations limiting car ownership to drivers earning above a set income level to ease traffic congestion.
- Graco recall: 3.8 million car seats have faulty bucklesGraco recall聽聽involves 3.8 million car safety seats that could trap children with buckles that may not unlatch. The Graco recall includes seats manufactured over the past five years, and some regulators say the recall should be even larger.聽
Gender pay gap: GM defends compensation package for CEO Mary BarraMedia reports last week said that Mary Barra was set to earn about half the salary of her predecessor, but GM has provided additional information. What are the income disparities between the sexes in the US?
Stocks surge on reassurance from YellenStocks jumped Tuesday聽after Federal Reserve Chair Janet Yellen said she would continue the central bank's market-friendly, low-interest rate policies.聽It's a positive shift for the stock market, which had its worst January since 2010 as concerns about growth in China and the US sent investors shifting from stocks to bonds.
Best car brands: Tesla Motors surges in Consumer Reports rankingBest Car Brands rankings from Consumer Reports in 2014 saw a big jump for electric carmaker Tesla Motors, which surged from 11th to fifth place. The annual best car brands survey ranks public perception of automakers, and the top spots went to traditional automakers like Toyota and Ford.聽
Dumb Starbucks: Funny, yes. But is it legal?Dumb Starbucks made a smash debut in Los Angeles over the weekend, until it was shut down by the county health department for its undocumented (permit) status. A tangle of legal issues persists.
