All Economy
Have you visited your discount grocery store lately?You probably can't get everything you need at a discount grocery store, but you can get most of your items for the week at a much lower price. Save the higher-end places for fresh produce and specialty items.- Capital One settlement: $12 million to customers in militaryCapital One settlement means bank will pay service members at least $125,000 for unlawful foreclosures, $10,000 for repossessed cars. Those denied credit card benefits will also be reimbursed in Capital One settlement.
- Insider trading scandal tarnishes Nomura. CEO resigns.Insider trading investigation at Japan's biggest investment bank topples CEO. Nomura plans reforms to prevent insider trading after admitting that employees leaked information to clients.聽
- Obamacare: US judge lets Catholic-owned firm cut contraception from coverageA federal judge issued an injunction after Catholic owners of a private company in Colorado argued that Obama's health-care reform violates their rights under the Religious Freedom Restoration Act and the First Amendment鈥檚 protection of religious freedom.
- Romney pressed to release tax returns. Watchdogs ask what about Congress?Democrats and some Republicans are hounding Mitt Romney to release his tax returns. But ask Congress members to release theirs and silence is the most frequent response. Double standard?聽
Should charities still be tax-exempt?Tax-exempt organizations won鈥檛 be immune from the debate over tax reform, and their special聽treatment may be jeopardized as Congress looks for ways to broaden the tax base. The growing commercial activity of many charities should make us rethink their status.
Eurozone crisis: will Spain's youth exodus weaken economy?Preliminary data show that the number of young Spaniards emigrating in search of better jobs has nearly doubled since 2010. Some say the experience they get could ultimately benefit Spain.
GDP report: how the presidential candidates, lawmakers are seizing on itThe GDP figure of 1.5 percent for the second quarter puts President Obama on the defensive, but Democrats are playing up other findings in the report.
US drought: Gasoline prices rise as corn stalks shrivelThe price of gasoline has gone up 16 cents this month, the AAA says. The drought is hurting corn yields, raising the price of ethanol, which makes up 10 percent of each gallon of fuel.
Economic growth lurches to 1.5 percentThe economy grew at a disappointing 1.5 percent in the second quarter of 2012, well below the pace needed to reduce unemployment.
Ford Escape recall: Sticky gas pedal affects Mazda Tributes, tooFord Escape recall involves a potential problem in 485,000 Ford Escapes from the 2001-04 model years and linked to several accidents and one fatality. Besides the Ford Escape recall, Mazda is recalling 217,000 Tributes from 2001-06 and some 2008 models for the same problem.- The world needs a new currencyThe current dollar-based system is broken and can't be repaired, despite the efforts of governments and central bankers. A new currency and monetary order would fix the problem and boost growth.
Chevy Volt wins drivers' hearts, gets top marks in satisfactionChevy Volt owners are happier with their cars than any other compact owners in the US, according to a recent survey. The Chevy Volt garnered top marks across a wide range of categories, including聽 performance, style and comfort.
Can tax credits help small businesses grow?Investment tax credits are gaining steam among Minnesota lawmakers, but entrepreneurs are less enthusiastic.
Do higher education tax credits make sense?Higher education is a good investment, and getting kids through school should be a top priority. But how should the government pay for it?
30-year mortgage rates fall to new record low 3.49 percent30-year mortgage rates just keep falling. This week, 30-year mortgage rates dipped to a new record, below 3.50 percent for the first time on records going back 60 years.
Is it time to give up on Microsoft?The disappointment of Microsoft's new Windows 8 operating system has rippled its way through the tech community 鈥 and investors are opting out.
Airbus A350 plane production delayed. What's the holdup?Airbus A350 production will be set back a few months until the beginning of 2014, the Airbus parent company said Friday. The Airbus A350 is meant to compete with Boeing's聽 787 'Dreamliner' jet fleet.- Chick-fil-A dilemma: Uphold principles 鈥 or just sell chicken?Chick-fil-A president's public criticism of gay marriage have sparked a firestorm that could cut into the fast-food chain's profits. Boston's mayor and a Chicago alderman have vowed to fight the opening of Chick-fil-A restaurants in their cities.
- Facebook's earnings disappoint investors, match predictionsIn its first earnings report as a publicly traded company, Facebook indicated its growth is slowing and profit margins are smaller than last year at this time. One analyst says, 'Facebook is no Google.'
