All Economy
- E*Trade fires CEO as customers flee stocksE*Trade appoints chairman as interim CEO while it looks for a replacement. E*Trade shares have fallen 27 percent in the past year.
- Plug-in hybrids to outsell all-electric cars?Plug-in hybrids like the Volt got a slow start last year, but now they're outselling all-electric cars, like the Nissan Leaf.
- Another quiet day for Wall StreetDow falls 10 points; Nasdaq rises 7 points; S&P closes flat. Stocks are in summer doldrums as traders look for direction.聽聽
- In France, high-frequency traders now get taxed for fictitious ordersOne technique for high-frequency traders is to enter multiple fictitious trades for a stock and then cancel them. France now taxes those 'non-transactions.'
Prepaid cards are here to stay. Do you need one?Prepaid cards are surging: By 2013, consumers could be loading three times the amount of cash they carried on prepaid cards in 2010.- Health-care reform: Has Team Romney embraced the individual mandate?Conservatives have howled over the health-care reform law's requirement that people buy insurance. But recent comments from the Romney campaign have some wondering if the presumptive GOP nominee is now embracing it. 聽 聽聽聽
- 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.
