All Economy
Carbon-fiber wheels: a promising technology?An Australian company says it's producing the world's first carbon-fiber wheels. The lighter and stronger carbon-fiber wheels should improve handling, acceleration, and fuel mileage 鈥 although they're an expensive upgrade.
Selective memory and your walletWe easily forget the small purchases we make, but they can add up quickly. Here's how I conquered selective forgetting.
Food price outlook: Will Buffalo wings break your budget in 2013?Buffalo wings are only the most dramatic example of 2013 food price rises. Beef and corn prices are headed up, too, for the new year- Why we need a better corporate income taxThe current US corporate income tax in effect imposes a fee on companies that are publicly traded. The tax is neither efficient nor progressive.
- French court strikes down tax on rich, but it won't save FranceFrance's court rules against the new 75 percent tax rate on incomes above聽鈧1 million, but not because of the rate, only because of the way it's applied. French Socialists can easily meet the objections with a new onerous tax on the rich.聽
Despite looming 'fiscal cliff,' world markets calmAlthough 'fiscal cliff' talks go down to the wire, many investors confident a deal will be reached. World markets in Asia, Europe mixed. US stock futures point to a higher open.聽- Netflix CEO pay: Hastings' gets 100 percent raiseNetflix CEO pay will double after he took a 43 percent pay cut this past year for management missteps. Netflix CEO Reed Hastings will be paid $4 million in salary and stock options for the coming year.
Canada jump starts country's electric car charging networkCanada is seeing the development of聽several charging station programs across the country, in preparation for increased electric vehicle ownership, Ingram writes.
Travel light 鈥 in cargo and in activitiesYou miss out on a lot on your vacation if you schedule too many activities, Hamm writes, and it usually winds up being more expensive.
Electric car charging goes wirelessWireless charging sales for electric cars will surpass 280,000 by 2020, according to Pike Research.
Hong Kong bans smog-heavy vehiclesHong Kong聽authorities have brought in measures to ban the highest-polluting vehicles in an effort to achieve clean air targets, Ingram writes.
Looking for cheap destinations? Locals know best.A local person is often the best travel guide of all, as they鈥檒l know of local deals and discounts, Hamm writes.
Chevy Camaro production to move to USChevy Camaro聽production is moving out of the Oshawa Car Assembly plant in Canada and into the Lansing Grand River Assembly Plant in Michigan, Ireson writes.- Investors peek over 'fiscal cliff' and find ... blue skies?Professional investors see plenty of minefields, but many believe a congressional deal will avert the worst of the 'fiscal cliff.' Another plus: Beyond the 'fiscal cliff' is a slowly improving economy.
- Top 4 New Year's resolutions for your pocketbookIt鈥檚 resolution season, and with the continued economic recovery significant opportunity exists to improve your finances in the coming year. The question is how. Here are the four most important financial New Year鈥檚 resolutions that consumers can make:
Could going over the fiscal cliff be a good thing?It is long overdue for Americans to decide whether they want big government or not, Karlsson writes, instead of continuing the current policy of small government when it comes to taxation and big government when it comes to spending.
Stocks fall again with 'fiscal cliff' closing inStocks聽tumbled for a fifth day as a 'fiscal cliff' deal goes unfulfilled in Washington.聽Despite the fiscal gridlock in Washington, major stock indexes are holding on to gains for the year.
Sweden's war on cash faces oppositionIt seems that the Swedish people are not falling for the anti-cash propaganda spewed by private bankers and Riksbank officials, Salerno writes, and are resisting the trend toward a cashless economy.
Hybrid and electric car sales jump 73 percent in 2012US sales of hybrid, plug-in hybrid, and electric cars should reach 440,000 units in 2012 鈥 a 73% improvement over 2011 鈥 according to聽market research firm Mintel.
Tight travel budget? Adhere to the 'peak-end' rule.Carefully manage the 'peak' and the 'end' of your vacation, and fill the rest of the trip with low-cost activities, Hamm writes.
