All Economy
Low taxes, smaller government, but not a balanced budget?Our tax expert crunches the numbers of the Paul Ryan financial plan. end result? While Romney's pick for vice president is often called a deficit hawk, in fact balancing the budget is not one of his high priorities.
Groupon shares: Suddenly cheaper, but a good buy?Groupon shares fell 27 percent in trading Tuesday after the company reported its first decline in gross billings. Groupon shares are now down 72 percent from their IPO price last November.聽
Standard Chartered to pay $340 million for money-launderingStandard Chartered agrees to pay $340 million to New York after state officials charged it had laundered money for Iran. Standard Chartered will also bolster money-laundering supervision.
Biggest bargain in the house? Tap water.If you want to save money and enjoy some of the benefits of drinking water, our personal finance expert has a simple suggestion. Drink the daily recommended number of glasses, while also replacing half of your other beverages with the free, healthful alternative.聽
Five things Yahoo CEO Mayer must do nowYahoo CEO Marissa Mayer has the opportunity to focus Yahoo into a kind of 'utility company' for the Internet
Home Depot profit, outlook brightensHome Depot says better sales in US will boost its earnings this year. Home Depot shares jump 68 cents.
$100 million apartment goes up for sale. A penthouse boom?$100 million apartment in midtown Manhattan is New York's most expensive residence for sale. The $100 million apartment would give owner a nominal 800 percent profit.聽
Not with a whimper, but with a bangThe Reformed Broker discusses the merits of making a dramatic final exit from your workplace. Whether you jump down your airplane's emergency slide, or send out a scathing memo, revenge is a dish best served by the newly unemployed.
Federal budget, are you ready for your close-up?We鈥檙e going to be talking a lot about deficits, debt and the federal budget in this election, which may be partisan politics, but will hopefully also get Americans thinking about what the government can do for them, and for how much.
Eurozone economy shrinks. Germany ekes out growth.Eurozone conracts by 0.2 percent for the second quarter. Germany manages a slightly better-than-expected 0.3 percent, while debt-laden euro nations shrink.
Social Security: $8.6 trillion deficit? $134 trillion? Both.Social Security taxes would have to rise 2.67 percentage points to cover Social Security's 75-year deficit.
Japan's poverty gap has politicians calling for rise in minimum wageIt is only over the past decade that poverty has come to be recognized in Japan. Prior to that, the government didn't even compile statistics on income inequality.
What 'the Ryan choice' means for Romney's evolving platform
Drought: USDA throws livestock farmers a lifeline. Will it help?With the drought sending corn and feed prices soaring, US livestock farmers are bracing for the worst. A $170 million USDA program announced Monday, they say, is too small to make a real difference. 聽 聽
Stocks fall as malaise hits JapanS&P breaks six-day winning streak with small decline. Japan's slower-than-expected growth weighed on the stock market.
Consumer finance watchdog: a birthday, but no one comesThe Consumer Financial Protection Bureau celebrated its first anniversary without fanfare. Despite some achievements, the CFPB has yet to tackle big and sensitive issues. 聽
Carving the investor's Mount RushmoreThe Reformed Broker is looking for a few good men, or women, to fill out the "Investing Mount Rushmore."聽He's compiling a list of those who've had the biggest impact based on their wisdom, style, message, writings or actions on the field
Social Security: Surplus dwindling, huge shortfall loomsSocial Security surplus is projected to run out in 2033, forcing a 25 percent cut in benefits. To fix Social Security, Congress would have to find $8.6 trillion.
Erasing WWhile Bill Clinton will have a starring role at the Democratic National Convention this year, his Republican counterpart, George W. Bush, won't even speak at the RNC meeting as conservatives attempt to distance themselves from the Dubya.
Four ways the Olympics can inspire global business The Olympics embody the ideal of globalization. High-performance competitors push each other to do their best in an arena where everyone follows the same rules. An Olympian's dream is to stand out 鈥� not only in his or her own country but around the world. Global companies aim to do the same. There's one key and fortunate difference between sports and economics. In any sporting contest, there's only one winner. In a global economy, the number of winners is potentially unlimited, as I point out in my book, "Globalization." So what can businesses learn from these Games? Here are four ways international sport can inspire a better global economy:
