All Economy
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.
The biggest fraud in economics is ... economics?What鈥檚 the point of having an economy, asks Bill Bonner? It makes no sense to waste trillions of dollars鈥� worth of resources just to 鈥減rotect the economy,鈥� he says. The whole point of an economy is to create more stuff, not to waste it.
Louis C.K.: Comic ditches Ticketmaster, sells $4.5M in ticketsLouis C.K. is selling every seat in every city for his upcoming standup comedy tour for a $45 flat rate, including sales tax. Tickets are only available through his website. It's been three days, and Louis C.K.'s tour is all but sold out. Is he changing the way we buy entertainment?
Philadelphia Mint reveals how it makes 12 pennies per secondPhiladelphia Mint reopens to the public with a $3.9 million self-guided tour. This was the first update to the Philadelphia Mint聽tour since 1969.
Safety in numbers? Turns out there's savings, too.When planning the next big family vacation, look for ways to take advantage of the size of the group to save money per-person on lodging costs and meals, while increasing the fun social aspect of the endeavor.
Pending home sales show signs of life, finallyThe National Association of Realtor's chief economist Lawrence Yun suggests that 2012 is shaping up to be a "superior" year with sales projected as being up 10 percent overall for the year.
Regarding that alleged 'near-death' of equitiesInteresting data from a recent report on the saving and investing habits of investors shows that yes, stock fund purchasing is down, but the typical plan account is still majority equities.聽 And also, it's never just that simple.
Microsoft fine, $1.1B, upheld in antitrust suitMicrosoft fine costing $1.1 billion was upheld, resulting in the largest fine ever from a single antitrust case in Europe. The Microsoft fine was levied by the European Commission's antitrust suit.
Oil prices fall ahead of eurozone meetingOil prices dropped to near $80 a barrel Thursday as markets awaited a meeting between Europe's leaders menat聽 to find solution's to the region's debt crisis. Benchmark oil prices were down 17 cents to $80.04 per barrel.
T-Mobile CEO quits amid falling revenuesT-Mobile CEO Phillipp Humm resigned Wednesday as the company continued to struggle to compete in the mobile industry. Humm had been serving as T-Mobile CEO since November 2010.
The Supreme Court will uphold Obamacare. Here's why.The Supreme Court can't let the public's already shaky opinion of it get any worse. If Obamacare isn't upheld, it's further evidence that the court decides according to partisan politics, rather than legal principle.
New? No thanks! 14 things you should always buy usedWould you like to be $5,000 to $50,000 richer by this time next year? It might be as simple as thinking "pre-owned" rather than new. Here's a list of things you should never buy new -- see if you can add to it.
Myth busters: Consumer Reports takes on alleged gas-saving tipsConsumer Reports lists several myths that have been rumored to improve gas mileage but which don't really make much of a difference in modern cars. From gas quality to tire track preferences, consider these myths busted.
Stocks rise on stronger US housing, factory dataA rare double dose of good news about the US economy sent stocks surging up Wednesday. The Dow Jones industrial average rose 92 points, contributing to a closing bell tally of 12,627, despite continued fears about the eurozone crisis.
Gas prices poised to drop below $3 a gallon, as Fourth of July holiday nearsGas prices in South Carolina are already at $2.98 a gallon, while the national average on Wednesday was $3.38. A decade-high number of travelers could hit the road for the Fourth of July holiday.
