All Economy
Oil prices fall as optimism over EU plan fadesOil prices fell below $84 a barrel Monday as euphoria over the latest plans to solve the eurozone's economic woes faded. Oil prices were down $1.32 to $83.64 by late after noon Singapore time.
Spain wins UEFA Euro 2012. Does good soccer mean a bad economy?As the UEFA Euro 2012 draws to a close, we wonder: Is there a negative correlation between a country's economic health and its success in soccer? Spain and Italy met in the UEFA Euro 2012 final last night, just as both nations are dealing with monetary struggles.聽
Peter Madoff, Bernie's brother, pleads guilty to fraudPeter Madoff blamed his brother Bernard Madoff while pleading guilty to conspiracy and falsifying records. Peter Madoff agreed to serve 10 years in prison for his part in the largest known Ponzi scheme in history. 聽
Free summer fun? Check your local college.Colleges and universities offer concerts and lectures throughout the year, and you don't always have to be a student to partake. Just check your local college or university's calendar.
Facebook stock: How it's fared since IPOFacebook stock fell for the third straight day Friday. How has the stock done since its debut? A look at Facebook stock's first 30 trading days on the market.
Gas prices lowest since January, but oil soarsGas prices hit a $3.35 national average 鈥� the lowest since Jan. 6. But oil prices soared Friday, hinting that gas prices may be back on the way up.聽
Game changer: Justice Roberts switches teamsThe Court鈥檚 majority, made possible by Chief Justice Roberts' surprise decision, has given a huge victory to the Obama administration and, arguably, the American people. The聽Affordable Care Act is still flawed, but it is also a milestone.
World markets surge after Europe finds rescue planFinancial markets around the world jumped higher Friday with the Dow Jones industrial average climbing 277 points, closing at 12,880, and the Standard & Poor's had its best day of the year. Stocks advanced even further in Europe.
Verdict鈥檚 in: SCOTUS upholds passel of health care tax provisionsThe Supreme Court has ruled that Congress can require people to either have health insurance or pay a tax if they don鈥檛. The political fate of the Affordable Care Act remains to be seen, of course, but at least we know it is constitutional.聽
Oh, the irony: Obama and Romney, and that infamous mandateMitt Romney, who is against the White House's health care act, actually implemented a similar plan in Massachusetts. President Obama pledged not to raise taxes on the middle class, but the Supreme Court has ruled the plan will essentially do just that.
'Tax': The dirtiest word of them allOur favorite mother and tax expert thinks it's a tad ironic that the authors of the health care legislation worked so hard to avoid the term 鈥渢ax,鈥� yet taxing is one of the most appropriate things the government can do, and ultimately saved the act.
Hitting the road for July 4th? 7 ways to save on rental cars.Checking for recalled models and not overpaying for gas are good ways to ensure that renting a car isn't聽 a ripoff.
Fixed-rate mortgage interest rates remain flat this weekResults of a weekly survey covering all residential mortgage originations shows the average rate for a 30 year fixed rate mortgage went flat since last week while the purchase application volume declined 1.0 percent.
The May correction: Thursday's losses were good. Seriously.The market may have sold off more after the Supreme Court's decision on universal healthcare today, but it was down anyways, says Joshua Brown. Spanish bond yields and Germany's employment numbers meant a risk-off day regardless.
Gold prices drop after Obamacare ruling, Euro summitGold prices for August delivery fell $28 to finish at $1,550.40 an ounce. Gold prices and other commodities fell after after the US Supreme Court ruling on health care and a European summit meeting heightened concerns about demand for basic materials.
Retirement: What's the best investment option?Retirement saving can seem daunting, especially with the wealth of options out there. Which is best for you? Retirement is question 10 in this week's mailbag.
Emancipation Proclamation fetches $2.1 million at auctionEmancipation Proclamation original copy, signed by Abraham Lincoln,聽 sold at a New York auction for $2.1 million Wednesday. It's onlt the second highest priced Emancipation Proclamation copy.
Health reform cost is complicated, both sides ignore factsHealth reform cost is one complicated issue, according to Stefan Karlsson. But for those arguing that Obamacare decreases American freedoms, our analyst only has one word: Medicare.
Jobless claims numbers show small declinesJobless claims for the week show declines in both initial and continued unemployment claims this period, while seasonally adjusted initial claims remained below the closely watched 400K level.聽
Stock market hiccup: not so much about health-care decisionBut some investors still grumbled that the Supreme Court's health-care decision might dampen business confidence and inhibit companies from hiring new workers.
