All Economy
- A memo to the president re: the next debateRobert Reich sends his advice to President Obama in anticipation of his second debate with Mitt Romney.
- Stocks higher after retail sales improveA strong gain in retail spending sent stocks upward Monday. A positive earnings report from Citigroup was responsible for a broad rise in bank stocks.
- What the Joint Tax Committee really said about tax reformGleckman takes a closer look at a new analysis of tax reform by the聽Joint Committee on Taxation. His perspective may offer some relief to tax reformers.
- Will US economy rebound in 2013? Forecasters say not much.An improved housing market and better auto sales are expected to boost US economic growth in 2013, but slowing economies in China and Europe will be a net drag. Meanwhile, Congress will 'kick the can down the road' on extending Bush tax cuts, economic forecasters predict.
- Retail sales rise in SeptemberRetail sales increased 1.1 percent in September, according to the US Census Bureau's latest nominal read of retail sales.
- Amid ongoing economic crisis, EU celebrates 'Single Market Week'The EU is celebrating the 20th anniversary of the single market this week, in part to point out that despite the economic crisis wracking Europe, the union has brought positive changes too.
- Morgan Stanley faces ACLU discrimination lawsuitMorgan Stanley is being accused聽of discriminating against black homeowners and violating federal civil rights laws in a lawsuit filed by the ACLU. Morgan Stanley calls the allegations 'completely without merit.'
- Presidents and the economy: Who was best, worst? Take our quiz.
Which US presidents had the best economic performance? It's a topic of endless debate, since presidents exercise limited control over the economy and their policies often don't bear fruit until the next administration. Still, presidents are judged at the ballot box by how well the economy performs under their watch. In a new book, "Bulls, Bears, and the Ballot Box," authors Bob Deitrick and Lew Goldfarb crunch the numbers for Herbert Hoover through George W. Bush. Separately, they have provided numbers for Barack Obama through Sept. 30, 2012. Their rankings are just one lens on a complex question. Can you guess who did best? Worst? Which party "created" more growth?
- Pizza Hut reworks presidential debate stunt. Sort of.Pizza Hut drew criticism and mockery last week for a promotional stunt offering a lifetime supply of free pizza to anyone who asked 'sausage or pepperoni?' during Tuesday's town hall presidential debate. Pizza Hut is moving the contest online but says it will still honor the original deal.聽
- Peanut butter recall expands again. Now included: peanutsPeanut butter recall affecting Sunland products now includes packages of raw and roasted peanuts sold nationwide and on the Internet. The peanut butter recall has been linked to a salmonella outbreak that has sickened 35 people in 19 states.聽
- Shapley and Roth get the Nobel Prize for economic engineeringLloyd Shapely and Alvin Roth got a much-deserved Nobel prize for their work on designing markets, Marron writes.
- Five things you should know about Mitt Romney鈥檚 '$5 trillion tax cut'Donald Marron offers his perspective on Mitt Romney's proposed $5 trillion tax cut.
- Felix Baumgartner breaks the sound barrier. Sponsored by Red Bull.Felix Baumgartner broke the sound barrier and the record for highest skydive Sunday when he聽leapt into the stratosphere from a balloon near the edge of space. Felix Baumgartner聽has made a career of risky jumps, including skydiving across the English Channel and parachuting off the聽Petronas Towers.
- Two Americans awarded Nobel Prize for economicsA pair of economics professors will receive the 2012 Nobel Prize in economics for research in stable allocations.
- Softbank to pay $20 billion for SprintSoftbank reaches deal to buy 70 percent of Sprint. Softbank deal, the biggest foreign acquisition by a Japanese company, would create world's No. 3 mobile company, tied with AT&T.
- Christmas lists as budget lessonsWhen it comes to spending, A Christmas list can be a teachable moment for young children.聽
- Hungry? 5 deliciously cheap deals on restaurants and Halloween treatsAre you hungry? And maybe a little broke? Don't touch that Ramen stash! We've got a list of great food deals聽from top restaurant franchises, including Macaroni Grill, Outback Steakhouse, and the Olive Garden, plus sweet deals on treats.
- Mitt Romney's '$5 trillion tax cut': 5 things you should knowRomney has proposed about $5 trillion in specific, gross tax cuts over the next decade relative to current policy, most but not all of which would go to high-income taxpayers. He has also promised to offset a substantial portion of those cuts鈥攑resumably in the trillions of dollars鈥攂y reducing deductions and other tax breaks.
- 21 things you can get for freeOne of the best ways to become richer is to stop paying for things you could be getting for free. Here are 21, from cars to software.聽
- Counterfeit airbags pose major safety risk. How to protect yourself.Drivers who have had their airbags replaced in the last three years are at risk of having had counterfeit airbags installed. The National Highway Traffic Safety Administration has a list of vehicles that may be affected.聽