All Economy
- Stocks rise as oil prices, factory orders also climbIn an abbreviated holiday trading session energy stocks rose due to increased tension over Iran. The major stock indexes moved higher after the government reported that factory orders rose in May. The Dow Jones rose 72 points to close at 12,943.
- Economists squabble over how to best assess recovery dataIceland has been used by Nobel laureate Paul Krugman as a poster child for economic recovery. But Stefan Karlsson again argues--this time with help from the Council on Foreign Relations--that Baltic countries may have better overall numbers.
- Chuck E. Cheese: Pizza chain mascot gets an overhaulChuck E. Cheese, the mouse mascot of the children's pizza restaurant chain of the same name, is getting a makeover. Chuck E. Cheese is now a guitar-playing rock star voiced by the lead singer of a popular punk band.
- Too much of a good thing? On the futility of market researchA glut of research today may be less helpful than it seems. The Reformed Broker hopes analysts will start taking better advantage of datasets and improved transparency in order to bring a more novel research product to market.聽
- 'Fiscal cliff': US must avoid even the threat of it, IMF chief warnsIMF Managing Director Christine Lagarde discussed on Tuesday her institution's review of the US economy, which included a revised estimate for domestic growth this year of 2 percent.
- Medicaid and the states: An offer they (still) can't refuse?Medicaid was on center stage last week when the Supreme Court ruled the government did not have the authority to pull federal Medicaid funds from states refusing to extend eligibility to low-income, non-elderly adults.
- No TV ads? Maybe not. NBC, FOX, CBS sue over ad-skip feature.NBC, FOX, and CBS have file a lawsuit against Dish Network for Autohop, a feature that blacks out commercials on pre-recorded network shows. The networks argue that the feature violates copyright laws and jeopardizes the financial foundation of the entire television industry.
- United Nations report shines light on 'Real Wealth of Nations'The latest United Nations report on inclusive wealth should be a warning to US economists. Their preoccupation with current and aggregate GDP as a measure of economic well being may be keeping us from achieving our nation's true wealth.
- June auto sales: There's good news and bad newsJune auto sales may have reached a five-year high for new cars, but don't break out the party hats just yet. Another bit of news for June auto sales is troubling.
- Mitt Romney, Bain Capital and the New Gilded AgeThe system that made Mitt Romney's fortunes at Bain Capital is the same one largely responsible for the greatest concentration of the nation鈥檚 income and wealth at the very top since the Gilded Age of the nineteenth century.
- Liberty for all: Will the real 'Mr. Republican' please stand up?Liberty and progress go hand in hand, according to The Circle Bastiat's John P. Cochran. President Taft was once known as Mr. Republican. In the present era, Cochran believes Ron Paul has taken up Taft's mantle.
- Slowing manufacturing numbers lead to mixed day on The StreetStocks struggled during a quiet start to holiday-week trading following news that American manufacturing numbers seem to have slowed in June. The Dow average fell after the manufacturing report, finishing down 8 points at 12,871.
- Microsoft to Apple: We're coming for you nowMicrosoft has learned (the hard way) that it cannot sit idly by anymore hoping its partners such as Dell and Hewlett Packard will develop effective hardware. Microsoft now seems ready to become more proactive in its bid to compete with Apple.
- 401(k) strategies: Should money be taken out before or after taxes?401(k) fund withdrawal is the subject of Question No. 7 in this Simple Dollar mailbag. Our expert says given the option, a Roth 401(k) 鈥 where the money is taken out after taxes right now 鈥 is the best bet.
- 10 coolest cars you've never heard of These 10 cars are so rare you won't see them on any lot. Click through for a list of 10 cars you've probably never heard of.
- Order up: 6 ways to make more money as a waiter or waitressWaiting tables is hard work. Wages are low, and both customers and bosses try to take advantage at every corner. Here are six tips that will help a struggling waiter or waitress survive, and even thrive, in this sector of the service industry.
- Kid apps: Are mobile providers protecting your child's privacy?It can be hard for parents to decipher whether or not mobile apps are collecting and selling sensitive information about their kids, such as location and purchasing habits. But some are working to make the muddy world of聽 app privacy policies a little more clear and help parents worry about kid apps less.
- May construction spending shows incremental increasesOn a month-to-month basis, total residential spending increased 2.96 percent from April and rose almost five percent above May 2011 levels. But spending still remained 60 percent below the kind of peak levels seen in 2006.聽
- When governments spend wealth, instead of building itThere are times when governments need to build tanks. An economist can鈥檛 tell the difference between a Tiger tank and a BMW. But a passenger can. It doesn鈥檛 take him long to realize that a tank is no way to travel.
- Stock market rises in early trading as US awaits jobs reportThe stock market is rising in early trading Monday on hopes for new measures to deal with the eurozone debt crisis. But investors on the stock market are awaiting a critical US jobs report, to be released Friday.