All Economy
Standard Chartered shares plunge after Iran allegationsStandard Chartered market value plummeted by nearly $12.5 billion after the New York state regulator accused the UK bank of being involved in laundering money for Iran. The share price for聽 Standard Chartered tanked by 23 percent.
What's wrong with a wagon?The crossover-happy US seems to dislike station wagons, though they are popular in other countries. A few automakers are looking to bring back the wagon love.
Gibson Guitar Corporation admits to importing endangered woodGibson Guitar Corporation acknowledged Monday that its importations of exotic wood, including ebony, violated environmental laws. Federal prosecutors will drop criminal charges against Gibson Guitar Corporation, and the Nashville-based insturment maker will pay a hefty fine.
US stocks move up slightlyDow gains 21 points, while S&P and Nasdaq also rise. BestBuy stock soars on buyout offer, while Knight Capital loses a quarter of its value, despite $400 million in financing.聽
Mastering the slow cooker: 4 money-saving tipsHaving a slow cooker makes having a low-cost, healthy meal on the table every night a breeze. Here's how to make using a slow cooker work best for you.- New plan expands EITC benefits for families with childrenThe Earned Income Tax Credit (EITC) is getting an overhaul. The plan can be a huge boost to low-income single parent families, but carries a severe penalty if that parent gets married. A new plan in place of the EITC would address the problem while expanding the benefits.
Spkyer sues GM for blocked Saab dealSpyker, the automaker that currently owns the Saab label, is suing General Motors for blocking a buyout deal that would have saved Saab from bankruptcy. Does Spyker have a good case?
Don't avoid investment risk. Control it.If you want a portfolio that does more than just hold it's own, you're going to need to take on investment risk. Here are tools to help you control investment risk.
Best Buy offer: Founder wants to rescue ailing electronics giantBest Buy offer from the company's co-founder would take the electronics seller private only months after leaving as the company's chairman following a scandal involving its CEO. The Best Buy offer values the company at $8.84 billion.
British economic growth is weaker than it looksAt first glance, Britain's GDP numbers look impressive. Throw population growth into the mix, and not so much.
What would really happen with taxes under Obama vs Romney?The Obama campaign has taken the recent analysis of Romney's proposed tax plan as an opportunity, creating an Obama 'tax calculator' where any household can plug in their own income level, marital status, and number of children, and compare what their tax burdens would be under Obama versus under Romney. But is it fair?
For small businesses, partnership is keyEntrepreneurs can't do it alone. They need the help and support of a whole host of people, including employees, partners, family members and investors.
Government employment: growing or shrinking?Government payrolls have been shrinking steadily over the 40 years, but the last decade or so has seen an uptick.
How to change your diet. Gradually.A change in your food habits that leads to a well-balanced and relatively low calorie diet will pay dividends both in your immediate food bill but also in your personal energy level, and appearance.
US jobs report eases global gloomThe better-than-expected US jobs report suggests the US is not following Europe into recession. But some analysts worry that head winds will keep growth anemic.
Fact sheet: How much does fracking really affect climate change?When it comes to the fracking debate, too many people on both sides use 'motivated reasoning' in their arguments.- Stock market jumps at news that economy added 163,000 jobs in JulyWall Street reacts with glee to higher-then-expected job growth in July, led by the auto sector and restaurants. But for the millions of jobless, the key figure in Friday's report may be the unemployment rate, which ticked up to 8.3 percent.
US jobs added, but report details aren't so rosyThe US payroll survey showed an increase in jobs by 165,000 but the household survey tells a different story.
The MINI Olympics: Meet the games' tiny auto helpersBMW is the official car sponsor of the Olympic games, and tiny electric MINIS have been helping out by picking up javelins, discuses, hammers and other throwable items from the field events, saving time for athletes during the competition.
Is sneaking food into a movie theater ethical?Movie theater concessions are expensive. On the other hand, when you buy a ticket, you are agreeing to the vendor's rules, which include no outside food. Movie theater food ethics are addressed in question 8 of this week's mailbag.
