All Economy
When it comes to Medicare, which candidate's plan comes out on top?President Obama's Affordable Care Act uses its Medicare savings to help children and lower-income Americans afford health care, according to Robert Reich, while the Romney-Ryan plan uses the savings to finance tax cuts for the very wealthy.
Facebook shares down nearly 50 percent. Set for another fall?Facebook shares are outrageously overpriced, even after a 45 percent decline from its initial price. Starting Thursday, Facebook shares may fall even more as more shares are allowed to be sold. 聽
Wells Fargo settlement for risky investments: $6.6 millionWells Fargo settlement doesn't include admitting wrongdoing. Before the Wells Fargo settlement, the Securities and Exchange Commission had charged that its聽brokerage unit had improperly sold high-risk investments to cities and towns.
Retail sales buoy hopes for economyRetail sales rise 0.8 percent in July, the most since February. Every major category of retail sales show improvement.
Resurrecting the Ryan budgetWhile the Romney camp is sure to argue their candidate's fiscal policy is of his own making, his new running mate Paul聽Ryan鈥檚 more comprehensive and controversial plans will likely be a major campaign issue.
Midwestern drought, election year politics add to pressure on ethanolAn intensely dry season across the midwestern states has led to a sever drought in those regions, and the drought has led to poor production of corn, soybean and wheat, harming corn ethanol exports and adding pressure to the "fuel versus聽food" debate.
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
