All Economy
- Housing market shows improvement in SeptemberThe National Association of Home Builders' Housing Market Index rose notably in September, but housing market聽conditions still remain fairly distressed by historic standards.
- Occupy Wall Street fizzles. Is the movement over?Occupy Wall Street celebrated its one-year anniversary Monday with demonstrations that led to several arrests, but not an enthusiastic turnout. Is Occupy Wall Street finally finished for good?
- Small savings add upSaving a few dollars here and there eventually add up to big numbers. The key is making these small financial steps a daily routine, Hamm writes.
- FedEx cuts service on dim global economy outlookFedEx forecasts are closely watched for signals of future economic health, and the package delivery company is聽cutting its forecast for the fiscal year ending in May because of the worsening global economy.聽FedEx聽is seeing a drop in demand for more expensive priority services.
- Oil prices plunge after last week's bumpOil prices bobbed above $97 per barrel and then retreated on Tuesday, a day after聽prices聽unexpectedly took a plunge. The drop in oil prices聽erased the gains made last week when the Federal Reserve unveiled new steps to boost the US economy.
- Grim prospects for Romney and RyanThe Romney-Ryan ticket continues to lag behind in polls despite bad economic news because Republicans appeal to only one slice of America, Reich writes.
- Fed easing: How many homeowners will it really help?Federal Reserve's new push to ease mortgage rates won't help underwater homeowners and those with bad credit. Despite current low rates, two-thirds of homeowners have interest rates above 5 percent.聽
- Curb your need for speedDriving too fast can lead to speeding tickets, extra gas costs and an increased risk of accidents. To keep insurance costs low, Hamm recommends playing it safe and staying below the speed limit.
- Apple hits new high as stocks slip slightlyWeak economic news sent stocks sliding after a four-day surge in stock prices. Apple bucked the slight downward trend, rising $8.50 to $699.78, a new high for the stock market's most valuable company.
- Housing prices: Agents make houses sell for a lot less. On purpose.Housing prices are manipulated by shady real estate agents who practice 'flopping.' Instead of making homes look good to raise housing prices, tey make them look bad so banks will sell them for a loss.
- The Fed can't create jobs all by itselfLow interest rates won鈥檛 boost the economy without an expansive fiscal policy that makes up for the timid spending of consumers and businesses, Reich writes.
- iPhone 5 pre-orders top 2 million in 24 hours: AppleThe iPhone 5 has shattered a record previously established by the iPhone 4S. Apple now says it may have trouble fulfilling pre-orders.聽
- India: Bring on the Wal-Mart greetersThe Indian government has loosened restrictions on foreign investment in retail, paving the way for Wal-Mart to open retail stores here.
- 'Two Inflationary Days': A clarificationKarlsson responds to readers' comments on his translation of monthly changes to annualized rates in his previous post on inflation.
- Obama, stung by Romney, hits China on tradePresident Obama is expected to bring before the World Trade Organization a case against Chinese autos and auto parts.聽China has filed a WTO case against US antidumping measures on kitchen appliances, magnets, paper, and other Chinese goods.
- A pessimistic present and optimistic future for manufacturingThe latest Empire State Manufacturing Survey, which identifies trends across manufacturing executives, showed a deceleration of current assessments of manufacturing activity and an improvement in future assessments of manufacturing activity.
- Pay your bills on timeIt's all too easy to postpone paying your bills, but the sooner you pay them, the more money you'll save, Hamm writes. The key is developing a standard process for paying your bills.
- iPhone 5 frenzy sets sales record, causes back ordersiPhone 5 preorders topped 2 million in 24 hours, more than doubling the preorders for the previous iPhone and setting a sales record for AT&T. Because of the overwhelming demand, some iPhone 5 devices won't be delivered until October.
- Japanese firms brace for violence in China over disputed islandsPanasonic and Canon announced shutdowns in China on Monday, and firms urged expatriates to stay indoors聽after protests over Japan's purchase of disputed Islands got out of hand Saturday.
- Gas prices, not jobs stats, are key numbers for votersGas prices and grocery bills are more likely to sway voters than the monthly jobs report, economists and pollsters say. Gas prices are nearing $4 per gallon and could be key in deciding the presidential race.