All Economy
Has Puerto Rico found a solution to the US housing crisis?A set of incentives for home buyers in Puerto Rico has helped stimulate the housing market there, and some experts think they could help on the mainland, too.聽
Aer Lingus gets buyout bid from RyanairAer Lingus, the Irish jetliner may be bought out by聽 Ryanair. Europe's leading budget airline has offered $880.7 million for Aer Lingus and called on the cash-strapped Irish government to sell its key stake in the airliner.
Dimon in the rough: Keeping regulators off of Wall StreetThe main regulator of derivatives (bets on bets), wants to extend Dodd-Frank regulations to the foreign branches and subsidiaries of Wall Street banks. But JPMorgan CEO Jamie Dimon would greatly prefer this not happen.
Burger King stock returns to the marketBurger King returns to the New York Stock Exchange Wednesday, two years after being taken private by owner 3G Capital. Only 16 percent of Burger King shares will be available for trading once the company returns to public life.
Job openings plunge to 5-month lowJob openings tumbled to their lowest point in five months in April, as employers posted fewer positions. The slump suggests job openings and hiring will remain sluggish in the months ahead.
Will cars ever really run on natural gas?Natural gas is now significantly cheaper than gasoline, which could make natural gas vehicles increasingly popular. The biggest potential savers: gas guzzlers like heavy duty trucks.
Got hybrid sticker shock? Just remember, it could always be worseEven fans of electric and plug-in hybrid cars often complain about their high prices. Some can run into the high $30,000 dollar range. But Americans should remember it could be worse. A hybrid in Australia can run close to $50K.
Don't let past stuff get the better of your present's walletThe idea that families "outgrow" their apartment is a common one, but often it's not your space that's too small, it's that your accumulated collection of stuff is too big. Don't let a walk down memory lane become a financial mistake.
Stocks jump nearly 100 points on hopes of Fed actionOptimistic traders turned their focus back to corporate news from the US as banks and materials stocks led the market higher.The Dow Jones industrial average soared 95 points to 12,837, its highest close in a month.
Winner takes all: The marketing of Wall StreetThe Reformed Broker details his experiences competing for clients against the big guns like Fidelity, battling against marketing campaigns which over the years helped elevate such name-brand firms onto an "exalted plane of existence."
JPMorgan Chase CEO: Shareholders had risk infoJPMorgan Chase CEO Jamie Dimon insisted his bank did its best to inform investors about its risk strategy preceding its $2 billion-plus trading loss. JPMorgan Chase used risk assessment models that provided the best information at the time, according to Dimon.
Gas prices drop, following oil's leadGas prices across the US continued to drop Tuesday, as the national average dropped below $3.50 a gallon for the first time since February. Gas prices are following oil's price decline, though oil prices ticked up slightly.
Student loans: 5 steps to pay down your debt Student loans aren't far from your mind if you've graduated. Now comes the hard part: paying for the education that you鈥檝e just completed. Where to begin? Collect all your loan paperwork and then follow these five smart steps to paying off your student loans.
Just like us: Why Republicans worry about corporate feelingsIn the upside-down world of regressive Republicanism, Senator Mitch McConnell thinks proposed legislation requiring companies to disclose their campaign spending would stifle their free speech, a concept Robert Reich finds "bonkers."
Gains made in homebuilding, but permits still below peak levelsThe New Residential Construction Report showed gains in May with single family permits increasing from April. Single family housing permits increased around 4 percent from April, and nearly twenty percent above May 2011 levels.
Jamie Dimon fields Congress questions on $2B trading lossJamie Dimon, the embattled JPMorgan Chase CEO, returns to Congress Tuesday to face more questions about the $2 billion trading loss incurred by the bank. Jamie Dimon is testifying before the House Financial Services Committee.
Washington elites talk the new 'US empire'A Washington garden party serves as a think tank hothouse, providing the Daily Reckoning with some interesting insights into the current US situation. Representing a variety of backgrounds, the group was united by a hatred of the US "empire."
Summer travel: 4 airfare price hikes and how to avoid themSummer travel can get pricey if one of these common airline glitches drives up the price of a ticket. Here are the most common airfare glitches and the best ways to avoid them, so your summer travel is fairly priced.
'Draw Something' on TV: CBS develops game show based on popular app'Draw Something,' Zynga's popular 'Pictionary'-style mobile app, has been optioned by CBS to be made into a game show. Ryan Seacrest has signed on to help produce the 'Draw Something' TV project, which will feature teams competing in front of a live audience.
Can Cameron Marlow save Facebook?Cameron Marlow's group has 12 researchers. They apply math, programming skills, and social science to mine our data for insights that they hope will advance Facebook's business and social science at large.
