All Economy
- Don't believe housing's permabearsA housing recovery is slowly taking shape, despite the many doubters. 聽
- Google pays record fine to settle federal suitGoogle's $22.5 million fine is largest every imposed by the Federal Trade Commission for breaking a previous agreement. The Google fine was the result of charges the company was tracking millions of Web users.
- Postal Service unstoppable in rain, snow. But red ink?Postal Service reports $5.2 billion quarterly loss, most of it from defaulted payment for retiree benefits. Postal Service warns it could run out of cash in October. 聽
- Defense spending and the declining 'bang' for the buckDoes the US really need to spend more money on an M1 tank that won't be a part of the next war?聽
- On fifth anniversary of credit crisis, global markets fallThe unofficial anniversary of the start of the global credit crisis sees markets down, despite hopes of more Chinese stimulus and encouraging US jobs data.
- Does Mitt Romney really want to raise taxes on the middle class?A study suggesting Romney's tax plan would raise costs for the middle class got plenty of attention. But its deeper message got lost: Tax reform is hard.
- Self-driving cars: Coming sooner than you think?Self-driving cars are nearer than previously thought because of the convergence of technologies, HOV lanes, market opportunities, and young consumers who prefer to text than drive. The big advantage of self-driving cars: more efficient transportation.
- Smartphone sales: Android extends lead over iPhoneSmartphone sales grow 42 percent worldwide in second quarter. Two-thirds of smartphone sales were Android phones, up from 47 percent a year ago.
- Have you been ICEd? Gas guzzlers park in electric car-charging spots.One electric-car owner got so angry about internal combustion engine (ICE) cars taking car-charging parking spots, he made a video.
- Why gas prices climbed 13 cents in a week, and look set to keep goingDemand has been dropping, but supply problems are causing gas prices to rise again. A refinery fire in California and a broken oil pipeline in the Midwest are partly to blame.
- Papa John's pizza controversy: Another fast-food chain embroiled in culture warPapa John's CEO stepped into a political minefield when he said Obamacare would raise the cost of a pizza 15 to 20 cents. But is all the criticism justified?聽
- Are markets broken? Two insiders say so.High-frequency trading has hollowed out the stock market, where software code has replaced intuition and common sense.聽
- Japan's employment: fewer people, fewer jobsJapan's employment rate isn't falling for economic reasons. Population shifts are causing it.
- Mario Draghi's big bazooka: a weapon, not a cureMario Draghi's vow to do 'whatever it takes' to save the euro isn't an empty promise. But his new powers to act with overwhelming force at the central bank won't solve the eurozone's crisis.
- S&P rises above 1400 for first time since MayStocks post another gain as S&P and Nasdaq reach milestones. Dow is now less than 1,000 points from all-time high.
- Standard Chartered: how Iran dealings could cost bank a N.Y. license, or worseNew York regulators have accused Standard Chartered of trying to hide some $250 billion in transactions with Iranian companies. Federal authorities are also reviewing the bank's transactions.
- Mazda cars losing weight? Try 220 pounds.Mazda wants to eliminate 220 pounds every time it redesigns one of its models, an important step in meeting fuel economy and emission regulations? How will Mazda get it done?
- Tax-exempt Olympic medals? That's silly.The idea that Olympic medals should be tax-exempt is one of the few things Republicans and Democrats can agree on. And they're both wrong.
- As Standard Chartered plunges, taint for London banks spreadsStandard Chartered loses a fifth of its value in early trading a day after allegations of money laundering for Iran. It's the latest of a long string of scandals for London banks.
- Should you give your adult children cash gifts?When it comes to giving your kids a financial boost, consider: are they are they in a position where they would be able to thrive without the cash, or working to put themselves into that position?