All Economy
Will Americans buy tiny cars? Nope.Sales of the Smart car and other tiny two-seaters have been disappointing in the US, despite soaring gas prices.聽
Warehouse store showdown: Should you join Costco, Sam's Club, or BJ's?Membership in warehouse stores can save consumers big. But among the big three 鈥 BJ's, Sam's Club, and Costco 鈥 which one is right for you?- Why we need pirates in cyberspaceWhenever governments have tried to regulate new common areas 鈥 from oceans to airwaves 鈥 pirates have moved in. They remind us that some areas should be free.聽
Jobs: the key to a recoveryJob growth and wage growth should be the central focus of economic policy, not deficit reduction,聽Reich writes.
Stocks rise on steady jobs reportStocks extended a New Year's rally Friday with the Standard & Poor's 500 index hitting a five-year high.聽Stocks have surged this week after lawmakers passed a bill to avoid the "fiscal cliff."
Unemployment flat at 7.8 percent in DecemberUnemployment went flat at 7.8 percent in December with聽non-farm payrolls adding 155,000 jobs overall. Private non-farm payrolls sub-component added 168,000 jobs.
Chevy Volt sales triple in year of paradoxes for electric carsChevy Volt's record-breaking year falls short of the GM's sales target. Chevy Volt sales reflects a year of triumphs and shortcomings for electric-car聽technology.
Top 10 richest AmericansThe 100 richest people in the world gained $241 billion in net worth last year, according to Bloomberg's Billionaires Index. Americans dominated the list, occupying five of the top 10 spots. This countdown of the top 10 wealthiest Americans features a casino mogul, software tycoons, and a lot of Wal-Mart money.- 2013: the year to find a new job 鈥 if the economy will let youA third of workers are eager to change jobs. But with unemployment still high at 7.8 percent and job growth tepid, a job switch will prove more difficult for some workers than others.
What the 'fiscal cliff' deal really means for taxes and spendingThe "fiscal cliff" deal tells two important stories 鈥 Gleckman writes 鈥 one about budget policy and the other about budget politics.聽
Jobless claims rise by 10,000Jobless claims increased by 10,000 to 372,000 claims from a revised 362,000 jobless claims for the prior week.聽
ADP: New jobs reached 10-month high in DecemberADP monthly employment survey聽showed businesses added 215,000 jobs last month, the most in 10 months and much higher than November's total of 148,000. 聽Economists tend to be cautious of the ADP report because it can diverge sharply from government job figures.聽
'Fiscal cliff' deal bodes well for green energyThe "fiscal cliff" deal turns out to contain some good news for green energy, Voelcker writes, long a priority of president Barack Obama.
Smarter automakers, confident consumers driving car sales back upDespite being near collapse four years ago, the US automotive industry is seeing annual sales that are climbing steadily back up toward pre-recession levels.
ADP: Employers add 215,000 jobs in DecemberADP, a private staffing and business services firm, showed that private employers added 215,000 jobs in December. The total employment level is 1.57 percent above the level seen in December 2011, according to ADP.
Stocks fall with Fed undecided on stimulusStocks faded Thursday after rallying for two days when investors caught drift of bank officials at the Federal Reserve disagreeing over continued economic stimulus.聽Mixed holiday sales didn't help stocks either.
Subaru recall: 'Puddle lights' can cause firesSubaru recall involves nearly 634,000 late-model Legacys, Outbacks, Tribecas, and Foresters. Vehicles with faulty exterior lights on doors 鈥 'puddle lights' 鈥 could be affected by the Subaru recall.聽- FTC clears Google on antitrustBut in antitrust settlement with FTC, Google agrees to license some mobile-phone patents to Apple, RIM, and other rivals. Google also will stop quoting from other websites in its search results when websites object.
Converting time into moneyThe time you spend at home on frugal tasks directly converts into money saved, Hamm writes.
Did you buy that car in 2013? Why Ireland changed its license plates.Until Dec. 31, Irish license plate numbers included the last two digits of the year the car was purchased. 2013 has changed all that.
