All Economy
FocusMongolia strikes it rich, but at what cost?Vast mineral deposits are bringing wealth to this country of 3 million. Now Mongolia is in a race to stem the threat of corruption.- Apple's earnings miss could undermine wobbly marketApple stock falls in after-hours trading after it reports disappointing quarterly earnings and revenue. Apple faces same headwinds as other multinationals with lower earnings this quarter.
- Money-saving tip 204: community-supported agricultureJoining a community-supported agriculture group can save you lots of money in vegetables, if you can use lots of vegetables week to week.
2013 Cadillac ATS: most-responsive Cadillac everCadillac ATS could take over from BMW 3-Series as the luxury segment's benchmark four-door.- Money-saving tip No. 203: Cut down on costly drinksCoffee, soft drinks, and other beverages can drain thousands of dollars from your annual budget.
Spain's borrowing costs soar. Bailout needed?As interest rates soar and investors distrust Spain's creditworthiness in the short term, the country faces a sovereign bailout.- 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.
