All Economy
Jobs report shows why job growth trumps deficit reductionWith Friday's jobs report showing an economy moving slowly in the right direction, Reich stresses that聽jobs and growth must take priority over deficit reduction.
Unemployment rate falls for November, but is it for the 'wrong' reason?November's unemployment rate, 7.7 percent, may have been affected by superstorm Sandy.聽About 370,000 Americans reported last month that they couldn't work because of the weather.
Top 10 metros for job growthSome metropolitan areas have a booming jobs market, thanks to energy, manufacturing, or sometimes just the right mix of highly diversified industries. Here's a look at the 10 metros that have seen the largest percentage increase in jobs over the past 12 months:
Travel cheap by planning your own vacationPlanning your own travel takes more work than getting a travel agent, but it pays off in terms of lower prices and options more customized to what you want out of your travel, Hamm writes.
Mall Santa fired for being naughty, not niceMall Santa fired from his job at The Maine Mall after parents reported that he was rude and grumpy. Santa was fired after a local TV station aired a story and parents posted complaints about him on Facebook.
Netflix CEO in SEC trouble over Facebook postNetflix CEO Reed Hastings is trouble for a Facebook post saying that Netflix's online viewing 'exceeded 1 billion hours for the first time ever in June.' Hastings didn't clear the data with the SEC or send out a formal press release, and Netflix stock climbed as a result of the post.聽
Are electric cars cheaper to maintain than gas vehicles?New research from a German automotive Institute suggests that electric cars could cost 35 percent less to maintain than their combustion counterparts, Ingram writes.
Will the fiscal cliff hurt charities the most?With income tax deduction caps among the ideas considered in the fiscal cliff debate, the challenge becomes to raise revenue without discouraging giving, Gleckman writes.
Stocks edge up, led by AppleStocks rose on Wall Street Thursday despite the lack of agreement on a fiscal cliff deal in Washington. Apple and other technology companies led the stock market up.
Mortgage rates fall to 3.4 percentThe average rate for a 30-year fixed-rate mortgage decreased 2 basis point to 3.43 percent since last week, according to the latest聽Mortgage Bankers Association data.
America's other cliffs: poverty, healthcare and the environmentAmerica does face a cliff 鈥� not a fiscal cliff, but a set of precipices obscured by Republicans' obsession over government鈥檚 size and spending, Reich writes.
Jobless claims decline by 25,000Jobless claims fell to 370,000 from a revised 395,000 jobless claims for the prior week.聽
Tesla Motors in the black, tweets CEO MuskTesla Motors CEO Elon Musk tweeted Tuesday that the company was narrowly cash flow positive last week.聽Tesla Motors achieved profitability in 2009, but that didn't continue, and it's unlikely to continue this time--at least in the short term, Ingram writes.- Starbucks to open 1,500 new US stores by 2017Starbucks has ambitious expansion plans in the United States, aiming to open 1,500 new cafes over the next five years. Starbucks is also planning to expand overseas, particularly in China.
ADP: Private employers add 118,000 jobs in NovemberADP indicated that the situation for private employment in the US improved in November as private employers added 118,000 jobs. The ADP data suggests that the economy is showing the most growth for small to mid-size service jobs.聽
Obama attempts 'fiscal cliff' coup: winning over business leadersThe business community usually trends Republican 鈥� and President Obama didn't do much to woo it in his first term. But he's pushing hard to get CEOs on his side in 'fiscal cliff' talks.
My Nissan Leaf life: Perks of driving gasoline-freeA Nissan Leaf lets us drive 1,000 miles a month for $36 worth of electricity. That's a quarter of the monthly cost of gasoline for our van.
Stocks rise on fiscal cliff hopesStocks closed mostly higher on聽Wall聽Street Wednesday聽as traders grew more hopeful that a budget deal will be reached in Washington.聽Rising stocks narrowly outnumbered falling ones on the New York Stock Exchange.
Energy Department pushes for electric car battery researchThe US Department of Energy has set a goal to improve battery and energy storage technologies by five times that of today--in the next five years, Ingram writes.
Starbucks $450 steel card: class warfare in a coffee cup?Starbucks $450 gift card is made of stainless steel and will only be聽available聽in limited quantities through a luxury goods website. Is the Starbucks $450 steel gift card a sign that Starbucks is going "1 percent" on us? Or is it just harmless, splurgy fun?聽
