All Economy
- Don't count Romney outReich offers four reasons why Mitt Romney could still win the election.
- Weak global markets drag stocks downThree stocks fell for every two that rose on the New York Stock Exchange Thursday after聽manufacturing and business activity in both China and Europe slowed.
- How many will pay health-care tax penalty? CBO estimate rises 50 percent.Citing a gloomier economic outlook, and to a lesser extent the Supreme Court ruling on Medicaid expansion, the CBO now estimates 6 million people will pay the health-care tax penalty by 2016.
- Wal-Mart to stop selling Kindles as Amazon threat growsWal-Mart decision to drop Kindle tablets and e-readers follows Target's move in May. Wal-Mart and other bricks-and-mortar stores see Amazon's digital sales as a growing threat.
- How savvy are you about real estate? Take our quiz.
You hire a real estate agent to help you buy or sell your home, your largest financial asset, but how do you know if he鈥檚 doing his job well? Even more worrisome, how do you know his financial incentives are aligned with your interests? As we show in our new book Inside the Sell, the best way to navigate the potential minefield of residential real estate is to find a great agent, but consumers are often asking the wrong questions. Take our quiz to test your real estate savvy:
- International investors hot on ... Zambia?Investors bombarded Zambia's debut international bond offering, with demand outstripping supply of the debt by 15 times, and leading to an unusually low rate of borrowing for an African sovereign.
- Tim Pawlenty ditches Romney campaign for Wall StreetTim Pawlenty has resigned as a national co-chairman of Republican Mitt Romney's presidential campaign to take a job as a Wall Street lobbyist. An early presidential candidate, Tim Pawlenty will not run for governor or Senate in Minnesota in 2014.
- Discounts for hybrids down in SeptemberNew data from CarWoo, a site that lets buyers anonymously get quotes on new cars, shows that discounts on several hybrid car models are among the lowest across all deals offered during September.
- The 47 percent: a case studyGleckman profiles a single mom who likely owes聽no income tax thanks largely to the Earned Income Tax Credit and the Child Tax Credit.
- Can Mexico reclaim title as region's largest economy from Brazil?Mexico was once Latin America鈥檚 darling, but in the past decade Brazil has far surpassed it as commodities drove economic growth. President-elect Pe帽a Nieto is eager to reposition Mexico.
- Mortgage rates fall to record low 3.49 percentMortgage rates for 15-year agreements fell to a new record low this week, and the average 30-year rate touched its record low. Mortgage rates matched their lowest level since long-term mortgages began in the 1950s.
- Unemployment claims decline by 3,000Initial and continued unemployment claims declined slightly as seasonally adjusted initial unemployment claims remained just below the closely watched 400K level.聽
- Married? Combine health insurance with your spouse.It may be cheaper for married couples to share a family plan instead of maintaining two separate health insurance plans, Hamm writes.
- Microsoft Corp. raises dividend 15 percentMicrosoft Corp. quarterly dividend will be 23 cents. Shares of Microsoft Corp. fall slightly.
- 47 percent vs. 1 percent: the emergence of tax-class warfareFrom Mitt Romney's 47 percent gaffe to Warren Buffett's secretary's tax rate, this election is about taxes and who will be saddled with paying back America's huge debt.
- Starbucks debuts single-serve brewer, competes with KeurigStarbucks will start selling the Verisimo, a single-serve brewer, online this week for $199. Announced earlier this year, the Starbucks Verismo comes amid intensifying competition in the piping hot market for single-serve brewers and the coffee pods they use.
- Is CO2 a latent gaseous gold?It's widely considered an unwanted emission, but the carbon dioxide that spews from smoke stacks and cars may be worth something someday, Ingram writes.聽
- Town's rental ban against illegals gets new court hearingTown's rental ban was ruled unconstitutional in March. But a US Appeals court reheard the argument's for and and against the Texas town's rental ban Wednesday.
- China manufacturing slows. Asian stocks fall.Chinese manufacturing is still contracting, but HSBC flash PMI suggests that the sector is starting to stabilize. Shanghai, Hong Kong, Tokyo, and Australian exchanges all fall after weak Chinese manufacturing data.聽
- Forbes 400 richest: Are they leaving rest of America behind?The new list of Forbes magazine's 400 richest Americans shows their wealth is up 13 percent thanks to rising stock and home prices. That has helped others, too. But many don't feel it.