All Economy
British recession ends on Olympics' economic boostBritain posted its strongest quarterly GDP growth in five years in the third quarter, the government said today, thanks in part to temporary factors like this year's Olympics.
The effect of QE3 on mortgagesThe average rate for a 30 year fixed rate mortgage increased 6 basis points to 3.52 percent since last week while the purchase application volume declined 8 percent.
Sprint Nextel subscribers flee; earnings fallSprint Nextel lost subscribers and struggled to compete with mobile industry juggernaut Verizon Wireless in the third quarter earnings period. Unlike Verizon and AT&T, Sprint Nextel failed to see a boost from the new iPhone 5.聽
Olympics vault Britain out of a recessionOlympics spending and tourism helped pull Britain from its nine-month recession last quarter. But economists warn that the one-time boost from the Olympics aren't a permanent fix for the nation's weak economy.聽
Scandinavians plan for hydrogen fuel-cell carsSeveral northern European countries have signed a memorandum of understanding with Honda, Toyota, Nissan and Hyundai, to work towards the development of fuel cell vehicles and installing a hydrogen infrastructure, Ingram writes.
Does gender pay gap exist? Right out of college, says new study.The study focused on recent college graduates with few of the differences that can eventually explain some gender pay gaps 鈥� such as children, marriage, and different work experience.
New home sales climb 5.7 percent in SeptemberThe US Census Bureau's monthly New Residential Home Sales Report for September showed sales climbing 5.7 percent since August.
Stocks stabilize on Wall Street after sell-offStocks dropped slightly after the Federal Reserve said the U.S. economy still needs support.聽Facebook had its best day since its聽stock聽market debut in May.
Barnes & Noble hacked. Is your credit card at risk?Barnes & Noble: hacked PIN pads were located in 63 stores in nine states. If you used a debit or credit card at one of them, change your PIN number immediately and contact your bank.聽
Want better gas mileage? Rethink your daily commute.Gordon-Bloomfield offers tips for making your everyday commute easy and fuel-efficient.
Bank of America sued for 'brazen' fraud at CountrywideBank of America sued for more than $1 billion as federal prosecutors charge Countrywide with mortgage fraud, such as the "Hustle." Bank of America sued because it bought Countrywide in 2008.聽
Mitt Romney's question-mark economyGOP presidential candidate Mitt Romney has put a giant question mark over the future of the economy, Reich writes, with President Obama offering a more certain alternative.
Trade skills with your friendsChances are your friends have a wide variety of skills that you may or may not have, Hamm writes. Why not save money by exchanging skills like computer repair and plumbing with your friends?
The 10 biggest differences between the Romney and Obama tax plansPresident Obama and GOP candidate Mitt Romney have very similar tax plans, Gleckman writes, but there are some key differences.
Barnes & Noble customers face data breach. PIN pads hacked.Barnes & Noble faces a data breach in 63 stores because of tampering of devices used to swipe credit and debit cards. Barnes & Noble called the breach a 'sophisticated criminal effort.'
Warren Buffett: global economy sluggish; Bernanke should stayWarren Buffett thinks the global economy is slowing, but the US is 'inching ahead'. In a wide-ranging interview, Buffett also said that the best thing for the economy would be for Federal Reserve chief Ben Bernanke to stay on the job for a third term.聽
Zynga: 'FarmVille' maker cuts 5 percent of staff, reduces gamesZynga, the online gaming company behind 'FarmVille,' and 'Draw Something' will lay off 5 percent of its full-time workforce and eliminate less popular games in a bid to cut costs. Zynga makes five of the 10 most popular games on Facebook.聽
Facebook: We're making money with mobile adsFacebook reveals that 14 percent of its revenue comes from mobile ads. In response, Facebook stock shoots up 13 percent in after-hours trading.
How Facebook can save you moneySocial media networks can provide a wealth of useful, trustworthy information that can help you make smarter purchases, Hamm writes.
More Americans tap retirement funds. Is that OK?More than 20 percent of Americans have borrowed against their 401(k), the highest share since 1996. Nearly half of young people with 401(k)s at previous employers cash them out rather than roll them over. Tapping retirement funds is rarely a good idea.
