All Economy
Better in bulk: Buy staples in large quantities to save moneyAnything that doesn鈥檛 have a quick expiration date, can be stored, and is something used on a regular basis is good in bulk. Items bought in bulk are less expensive per pound, and can also help squeeze out a few more meals before the next grocery trip.
US stocks creep up; IBM, other tech stocks riseDespite strong gains from IBM and other tech stocks, gains on The Street were weak, with the Dow Jones industrial average rising 34 points to close at 12,943. Although modest, Thursday's close marked the third straight day of gains.
Sharing is caring: Onstar to let GM owners rent out their carsSharing is caring. Onstar will soon allow GM car owners to rent their cars out via a new startup called Relay Rides, a company that connects private parties who want to rent out their cars for a few hours at a time to short-term drivers in need of wheels.
Housing is suddenly a bright spot for economyIn the midst of the economy's slowdown, housing is gradually picking up. Home prices and new construction are up. Existing home sales, while down, are expected to rebound.
Want to get rich? Creating a financial cushion is the first stepA recent survey shows a large number of people do not have an emergency fund. When you have no cushion and a big, unexpected bill comes up, most have to borrow to meet the expense. Creating a cushion is the first step toward wealth and financial freedom.
The Paradox of Choice: A theory loses favorA famous experiment, published in 2000, points to something called the Paradox of Choice: more choices lead to lower overall sales. That makes no sense in the narrow rationality often used in economic models, and some evidence suggests it might not actually be true.
The problem: Big business doesn't care about American well-beingAmerica isn鈥檛 educating enough of our people well enough to get American-based global companies to do more of their high-value added work here.聽But big American-based companies aren鈥檛 pushing this agenda, they don鈥檛 care. And that's the real problem.聽
US drought: how it could impact food, water needs around the worldThe effects of the widespread US drought could range from聽higher聽utility prices and industry costs in the developed world to population displacements and political unrest in less developed regions.
HSBC money laundering: Bank vows fixes. Senators doubtful.HSBC money laundering comes under the microscope in a Senate hearing. Bank officials promise to shut down operations in the Cayman Islands, tied to HSBC money laundering.聽
鈥楴o drink 4 U!鈥� Opposition to proposed soda ban bubbles up in New YorkNext Tuesday is the last day to submit comments on New York鈥檚 proposal to ban large sugary beverages. Those opposing the plan have launched a vocal and well-financed campaign.
A crisis veiled in public spectacleOver the course of three odd decades, billions of dollars were lent to people who shouldn鈥檛 have been allowed to borrow lunch money. And now, there are losses in the trillions. The real question is, will the market finally be allowed to correct itself?
How GOP could be forced to raise taxes this DecemberTwenty leading congressional conservatives are imploring GOP leaders to head off any Democratic attempt to use the threat of a government shutdown to force Republicans to accept tax hikes. 聽
Learning to love the leftoversEvery time you choose to eat leftovers, you鈥檙e basically getting a free meal. If you鈥檝e got it in your home, you鈥檝e paid for it in some fashion. Throwing away leftover but still good food is no different than throwing money in the garbage.
Jump in housing starts, earnings send stocks upNew signs of recovery in the housing market and strong corporate earnings sent stocks higher for a second straight day. The Dow Jones rose 103 points, to close at 12,908. The positive showing comes on the heels of an otherwise dismal start to July trading.
Ron Paul vs. Ben Bernanke: final battle ends on surprising noteWith Rep. Ron Paul retiring this year, his epic battles with Federal Reserve chairmen are coming to an end. But his last run-in with Ben Bernanke took a more reflective turn.聽
Electric car-charging stations: Will market forces cut prices?Charging stations charge by time or by amount of electricity used--amount of electricity is generally viewed as the fairer option. But electric-car drivers may start to choose only those stations that charge a fair price, meaning market forces will adjust prices down.
450-year-old debt. Trillions owed. But will German village get repaid?450-year-old debt note from Berlin to Mittenwalde appears authentic, but German capital has only paid a guilder so far. With interest and inflation, the 450-year-old debt of 11,200 guilders is worth trillions of euros today.聽
Housing market rebound? New-home starts notch a post-2008 high.The number of new-home starts in June was the highest since October 2008. While analysts say the US housing market is 'back on track,' there is still 'far to go.'
How to jump off the fiscal cliff into a tax cutBy jumping off the fiscal cliff, Congress can magically turn a tax increase into a tax cut. All it has to do is let existing tax cuts expire.
On brink of 'financial cliff,' at least one analyst remains hopefulWhile few people expect real fiscal reform in the always partisan lead up to the November election, Lloyd Blankfein writes that there may still be hope, if President Obama, Congress and Mitt Romney declare that Simpson-Bowles will be the basis of future reform.
