All Economy
- France's debt crisis could doom the European UnionFrance's economy is hanging by a thread 鈥 and French President Hollande is reaching for the scissors.
- Beef recall hits Northeast statesBeef recall involves Hannaford and other retailers whose customers bought ground beef in Maine, Massachusetts, New Hampshire, New York, and Vermont. So far, ground beef recall targets 85 percent lean beef sold in late May and the first half of June.聽
- Pay up or weigh anchor? Italy's yacht owners feel the tax collector's heatThe Italian government is targeting yacht owners in a crackdown on tax evasion. Is that why marinas are emptying out?
- Dr. Doom 2013 prediction: Economy will stallDr. Doom 2013 prediction 鈥 alias economist Roubini's forecast 鈥 contradicts expectation that US economic growth will pick up. But he correctly called the 2008 debacle, so the 'Dr. Doom' 2013 prediction gets plenty of attention.聽
- Cadillac to build flagship sedan for full-size luxury marketCadillac reportedly plans a sedan for 2015 that can take on the Mercedes S-Class and BMW 7-Series.
- Tax cut plan: If it fails, average tax bill to rise $1,600Tax cut plan in Congress calls for a one-year extension. But if Republicans, Democrats can't agree, taxes will rise, especially for wealthiest families.
- Want a BMW for an hour? Carmaker's rental service to debut in US.BMW On Demand, available since 2010 in Germany, is coming as a pilot program in New York City. No word yet on pricing.
- Junk bonds spawn optimists, pessimists. Are they both right?Junk-bond market's growth signals underlying strength 鈥 or a bubble, depending on who you believe.
- Second day of triple-digit losses for stock marketDow falls 101 points as concerns about Spain's borrowing costs and China's growth rise. Spain bans short-selling.
- You're a small firm? Don't rush to be big.Don't add a big business structure too soon. Smallness has its advantages.
- How much do you really make? Calculate your 'true' hourly wage.Factor in employee costs, taxes, and extra time and a $25-an-hour job turns out to pay less than $12 an hour. 聽聽
- Foreclosed homes: Now, they're hot propertiesGrowing buyer interest is clearing out more than 1.5 million foreclosed homes, clearing out a huge backlog. Interest in foreclosed homes is highest in states hit hardest by housing crisis.
- Hedge fund manager: patient and confident enough to do nothingHedge fund manager Seth Klaman runs his practice to avoid the short term in favor of long-term performance.
- Why is Google picking a fight with the mafia?Last week's Google gathering on how to combat organized crime garnered headlines, but many questions remain unanswered.
- McDonald's profit slip due to slowing global economy, strong dollarWhen the US dollar is rising against the other world currencies, companies that do business internationally take a hit when converting local currencies back into the dollar.
- Stock market: Fears of Spanish bailout spook traders worldwideStock market falls 1 percent or more in much of Asia and Europe. US stock market set for sharp drop, too.聽
- Honda recall: Doors won't stay closed on CR-Vs, AcurasHonda recall affects 321,000 small SUVs and cars worldwide. CR-Vs from 2012 and Acura ILXs from 2013 make up the Honda recall.
- AAA mobile takes bundling to heart, rolls three apps in oneTaking the trend of bundling to heart, AAA roadside insurance has a new聽update to its mobile service that wraps three of its popular apps into one, streamlined service, making things simpler for AAA members and non-members alike.
- The big trade-off: Do you have what it takes to pay off your debt?In five years, our personal finance expert and his wife paid off all their debts: some $280,000 all told. It wasn't easy. The family had to make very real and sometimes frustrating sacrifices, but the effort was completely worth it.
- Alan Abelson and his 'Bad-news Bulls'Somewhere between Schadenfreude Street and I-Told-You-So Avenue, Abelson finds his home turf as a market commentator,聽ribbing the bulls who've been using bad news as their cue to add even more exposure over the past month.