All Economy
- Wal-Mart tests same-day holiday deliveryWal-Mart is testing a same-day delivery service to customers during the holiday shopping season to compete with online retailers like Amazon. Wal-Mart will test the service in 10 markets, including Philadelphia and San Francisco.聽
- For small business owners, the recession continuesCornwall lists several key elements needed for small businesses to get back on track.聽
- Food stamp use rises in JulyHousehold participation in the food stamp program has been climbing so steadily that it has far surpassed the last peak set as a result of the immediate fallout following hurricane Katrina, according to SoldAtTheTop.
- Small business owners pessimistic over weak employment, salesSmall business owners in the US are growing more pessimistic, according to a survey released Tuesday. Weak employment and sales drove down small business owners' optimism, though the survey did have a few bright spots.聽
- Germany: taking a deficit for the teamGermany's overall trade surplus continued to increase this year. But in trading with other eurozone countries, its聽鈧300 million聽surplus聽turned into a 鈧1.1 billion deficit in August.This means that Germany is in fact 聽helping to reduce the deficits of crisis-struck countries like Spain and Italy.
- ING Group sells UK business to Barclays at massive lossING Group is selling its British businesses linked to online banking arm聽ING聽Direct UK to Barclays at a 鈧320-million ($415-million) loss.聽ING Group said in a statement Tuesday it was selling in order to 'sharpen the focus of the bank.'
- IMF cuts world growth forecastIMF forecasts 3.3 percent growth this years, down from 3.5 percent, and lower growth next year as well. IMF says US, European policymakers will play key role in how long the economic slowdown persists.
- Are personal finance seminars for you? The pros and cons.Personal finance seminars should offer you something beyond what you can get for a very low cost through a blog or at the library. Especially for those who learn through listening, personal finance seminars can be quite helpful.聽
- Stocks fall on Asia's gloomy economic outlookUS stocks faltered Monday聽after the World Bank said Asia's economies won't grow as much as expected this year. The Dow Jones Industrial Average fell 36 points to 13574 an hour after the opening bell.聽
- Gold prices dip. Pessimism or Columbus Day quiet?Gold prices fell on Monday as concerns over the global economic outlook and its impact on the coming corporate earnings season weighed on investor sentiment. But national holidays in the US and Japan were expected to limit trading activity and may have been partially responsible for the dip in gold prices.
- Turning the fiscal cliff into a good thingThe dreaded 'fiscal cliff' can work 鈥 if lawmakers strive to achieve聽the same amount of deficit reduction over a 10-year budget window聽as is implied by the current-law baseline except with economically smarter, better-timed spending cuts and revenue increases.
- College savings: What's the best investment plan?College savings can be tricky, because some come with a tax penalty if too much is put away. A Roth IRA for your child, to be used for educational purposes, can be a good college savings option. Question 6 in this week's mailbag.聽
- Wal-Mart launches prepaid card with American ExpressWal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Called Bluebird, the card will be available online and in Wal-Mart stores next week.
- Major banks settle with homeowners. Are you entitled?If your home loan is serviced by one of the five major lenders 鈥 including Bank of America and Wells Fargo 鈥 you may be entitled to a share of one of the largest civil settlements in history.聽
- Hawaiian vacations on the cheapSay aloha to warmer temperatures sooner than you expected. Some of the best deals for a tropical island getaway.
- Tesla: Cash flow positive by November?Tesla has faced its fair share of fiscal woes lately, but the electric car company's CEO says Tesla is far from short on cash
- Honda recalls CR-V over window switch. Is yours on the list?Honda recall involves 2002-06 models with switch that can cause fire. Beyond the Honda recall of the CR-V, the automaker in the past month has issued major recalls of Civics, Pilots, and Accords for various safety problems.
- Getting bad spending thoughts out of your headMany professional and financial mistakes can be traced back to bad ideas in your head. But by thinking long-term, many such mistakes are easy to avoid.
- Will California gas prices set records this weekend?Experts predict that California's drivers will briefly see prices higher than the current all-time record of $4.61. When will gas prices go down?
- Save on pet care costs: 10 tipsAmericans spent $50 billion on their pets last year. Here are 10 tips to ensure your furry friend takes a smaller bite out of your budget