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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?
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.
