All Economy
Weak demand for fertilizer tugs at stocksA drop in demand from China and India hurt the profits of聽Mosaic, the US's largest fertilizer company.聽But utilities and health care聽stocks helped pull the S&P 500 above the break-even mark.
Waiting is the best part: how anticipation can save you moneyInstead of buying something right when you want it, Hamm suggests delaying your gratification. The result is more money in your pocket and a greater appreciation of the products you have.
Peanut butter recall expands to 101 products, major storesPeanut butter recall in 30 states now includes other nut products from manufacturer Sunland, Inc., which may be linked to a salmonella outbreak. Several major retailers, including Whole Foods and Target, have pulled products as part of the expanded peanut butter recall.聽
Ben Bernanke 'dazzles' with speech on unemploymentEconomy bloggers praised Ben Bernanke's speech Monday for being unapologetic in laying out the Federal Reserve's short-term objectives to lower unemployment, Brown writes. The speech is worth the read for anyone interested in Bernanke's views on monetary policy, Brown writes.
Turn off the computer and start your businessEven before they generate their first dollar of revenue many entrepreneurs seem to become obsessed with working 鈥渙n the business,鈥� Cornwall writes.聽It often seems as if they aren鈥檛 able to pull the trigger and actually launch the business.
Smoked salmon blamed for salmonella outbreak in US, NetherlandsSmoked salmon tainted with salmonella has sparked a major recall in the Netherlands and the United States. Traced back to a Dutch company, the recalled smoked salmon is only available in the US through wholesaler Costco.聽
American Airlines: Loose seats prompt emergency landing, investigationAmerican Airlines is being investigated by the Federal Aviation Administration following聽two incidents in which passenger聽seats聽came聽loose聽midflight on American Airlines planes in the last three days. The loose seats caused one flight to make an emergency landing in New York.聽
Markets buoyed by US manufacturing, but Spain is still a dragFinancial markets across the globe continued to ride the wave of good US economic news Tuesday morning, despite concerns in Greece and Spain. In the US, markets are poised for a strong opening, but analysts are waiting for key economic data to be released this week.聽
Manufacturing rises in SeptemberAt 51.5 the purchasing manager鈥檚 composite index (PMI) rose 3.83 percent since August 2012 remaining 1.90 percent below the level seen a year earlier, according to the聽Institute for Supply Management.
Romney, Obama and the long, partisan road to tax reformWhen it comes to tax reform, there is a lot of common ground, but still many differences, between Romney's approach and Obama's approach, Rogers writes.
September manufacturing growth lifts stocksStocks got a boost from the latest manufacturing report, which showed growth in September. The manufacturing report came out half an hour after trading began, and sparked Monday's jump in stock prices.
Mixed news for August constructionTotal construction spending declined in August 2012 while single family residential construction spending improved, according to the latest data from the US Census Bureau. 聽
What happens if Congress goes over the fiscal cliff? Taxes rise.Americans could face an average tax hike of almost $3,500 in 2013 if Congress goes over the fiscal cliff, Gleckman writes. The looming fiscal cliff poses a major threat for the US economy.
IKEA deletes women from Saudi catalog; draws criticismIKEA, the Swedish furniture retailer, is drawing fire聽for deleting images of women from the Saudi version of its catalog, a move that IKEA says it regrets.
The looming specter of jobs and debatesWith the first presidential debate on Wednesday and a crucial jobs report on Friday, it's a big week ahead for Obama and Romney. Reich argues that the jobs report will be the biggest election news of the week.
Housing prices: Are short sales in danger?As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.聽
In (budgetary) sickness and in health: building a financially equal relationshipWhen you commit to someone, you don鈥檛 commit to being a lesser or greater part of the relationship, and the same should apply to your pocketbook, Hamm writes.
Unemployment in eurozone stalls at record 11.4 percentUnemployment in countries that use the euro stayed at 11.4 percent in August as more than 34,000 people lost jobs. The record high unemployment rate has renewed concerns that efforts to reduce debts have sacrificed jobs.聽
Why is British unemployment so low?The British economy is experiencing its worst spell since the 1930s, but unemployment has been relatively moderate. The cause? Low productivity.聽
US bank websites blocked by hackersUS bank websites of at least half a dozen large institutions have experienced surges and disruption of traffic over the past week. Islamists claim responsibility for blocking US bank websites, but analysts are skeptical.
