All Economy
- Mortgage rates up from last weekThe latest data from the Mortgage Bankers Association shows that the average rate for a 30-year fixed-rate mortgage increased one basis point to 3.53 percent since last week.
- Ford has best 3Q yetWith pre-tax profits totaling nearly $2.2 billion, Ford Motor Company had its best third quarter ever, Read writes.
- Woman sues Deere over racial slursWoman sues Deere, claiming the farm-implement company did nothing to stop racial taunts from co-workers, a demotion, and a doll painted black hanging on her garage door. Although woman sues Deere, company declines to comment.聽
- Home prices increase in AugustThe S&P/Case-Shiller non-seasonally adjusted Composite-10 price index increased 0.87 percent since August.
- Be smart about Hurricane Sandy reliefHamm offers some tips for donating to Hurricane Sandy relief efforts, as well as other links, in his Simple Dollar Weekly Roundup.
- Don't let expenses obscure what's importantWhen your spending choices put the things you care most about in jeopardy, you feel it in unexpected ways all throughout your life, Hamm writes.
- Jeep not moving to China, Mr. RomneyJeep is not moving to China and out of the United States, Chrysler executives reaffirmed Tuesday after it became an issue in the US presidential campaign. Mitt Romney said that Chrysler was thinking about moving all Jeep production from Ohio to China during a rally last week.聽
- Disney buys 'Star Wars' studio for $4.05B. New film in 2015.Disney will buy Lucasfilm Ltd, and the 'Star Wars' franchise from filmmaker George Lucas for $4.05 billion, the companies announced Tuesday. The Disney deal comes with the promise of a new 'Star Wars' film in 2015.聽
- UBS AG cuts jobs. More banks to follow?UBS AG announced it was cutting up to 10,000 jobs by 2015, part of a plan to downsize investment banking and drop risky trading activities. UBS AG chairman Axel Weber warned that many of the Swiss banking giant's global rivals may have to follow suit.聽
- Scour the web for savingsSites like Craigslist and Freecycle are great resources for finding deals, Hamm writes.
- New York Stock Exchange will reopen WednesdayAfter Hurricane Sandy closed down the New York Stock Exchange for two days, markets will reopen Wednesday.聽European聽stock聽markets rose broadly Tuesday after falling the day before.
- Romney's deceitA misleading Ohio attack ad聽is the latest example of GOP candidate Mitt Romney's mishandling of the truth, Reich writes.
- Study: Americans happier with auto insurance despite rising costsAmericans have become more satisfied with their auto insurance companies, according to a new study by J.D. Power and Associates, even as out-of-pocket costs have risen, Read writes.
- Shopping is not a solution to boredomThe first step you can take toward getting your spending under control is to let go of the idea of shopping as entertainment, Hamm writes.
- How to budget entertainment spendingThere is a happy balance to be found when it comes to hobby and entertainment spending, Hamm writes.
- Mitt Romney misleads in Ohio auto bailout adMitt Romney has new ad in Ohio that aims to turn President Obama's decision to bail out General Motors against him. The Mitt Romney ad, while technically accurate in its claims, is misleading.聽
- Ford Motor Company: Europe spoils strong US earningsFord' Motor Company's聽third-quarter profit eased 1 percent to $1.63 billion as European losses swamped record North American profits.聽Ford Motor Company's聽revenue fell 3 percent to $32.1 billion as vehicle sales dropped in Europe and South America.
- Buy in bulk with friendsBulk buying can save you a lot of money, but if you do it with a friend, you can聽both聽save without having a ton of storage space, Hamm writes.
- Hurricane Sandy, a $4,000 plane ticket and Mitt Romney's AmericaAn America with Republican candidate Mitt Romney as president would be聽rational and efficient, guaranteed to maximize profits but fundamentally unfair, Reich writes.
- Hurricane Sandy will keep markets closed TuesdayThe last time the New York Stock Exchange was closed for weather was in 1985 because of Hurricane Gloria. It will be the first time since 1888 that the stock exchange closes for two consecutive days because of weather.