All Economy
- Obama should attack what Bain and JPMorgan have in commonRather than lobbing generalized聽 attacks at Mitt Romney and American business, Obama should attack a particular kind of capitalism that Romney and JPMorgan both practice: using other peoples鈥 money to make big bets which, if they go wrong, can wreak havoc on the economy.
- Unemployment claims dropSeasonally adjusted 'initial' unemployment declined to 370,000 claims from last week鈥檚 revised 372,000 claims while 'continued' claims declined by 29,000, resulting in an 'insured' unemployment rate of 2.6 percent.
- A path forward on tax reform: 4 stepsTax reform will be difficult, but with a four-step road map, it can be done.
- A jobless boom for female firmsWomen are creating new businesses faster than the national average, but they're hiring far fewer workers. One solution: better networks for women.
- Facebook lawsuits: Did all shareholders get same data in IPO?Facebook lawsuits charge that banks in charge of IPO didn't share company information with all shareholders. In addition to Facebook lawsuits, two congressional committees are also investigating the IPO.聽
- Nissan electric vehicle: Van to be built in Spain. NYC next?Nissan electric vehicle to be built in Barcelona will be a 100 percent electric delivery van. The Nissan electric vehicle will be the company's second, following the Leaf.
- Uniform perfomance standards for financial advisers?Because of the many different types of account management, evaluating a financial adviser's effectiveness can be difficult. New technologies can help.
- Is tanning over-regulated?The recent 'tanning mom' controversy has state and local governments cracking down on tanning bed use. Is that fair?
- Stocks rally to erase steep lossesStocks closed mixed Wednesday after a late rally erased steep losses. The Dow lost seven points to close at 12496
- Memorial Day: good news on gasoline prices, and it may get betterMemorial Day weekend, the start of the summer driving season, will see gasoline prices at their lowest in two years. Concerns about Europe and optimism about Iran have helped cut the cost of crude.
- Where gas prices are highest Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
- Save big by asking about returned itemsWhen a store accepts a returned or open-box item, they have to do something with it. Often, you can get these products for a fraction of the original price.
- Facebook stock: Once hot IPO now a tale of lawsuits, glitches, and overreachFacebook stock is trading well below its initial offering price. The IPO is being viewed as a debacle for the firm and its investment backers, and the lawsuits have already begun.
- Mortgage rates slide to record lowsMortgage rates continue to drop well below 4 percent. The average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this MBA series. The purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.
- Obama vs. Romney: spirit vs. substanceA new poll shows that when it comes to economic issues, Obama inspires his base more than Romney does his. But the two are evenly matched when it comes to carrying out economic objectives.
- Financial aid. Harvard MBA. Big pay. But student debt still burdens.Financial aid totaled $54,000, but Joe Mihalic slashed costs to pay off his $101,000 in student loans. Despite top MBA programs' financial aid, students can still graduate with six-figure debt. 聽聽
- Donald Driver wins 'Dancing with the Stars.' Five lessons you can learn. Donald Driver was crowned "Dancing with the Stars" champion Tuesday night. Over the 14 seasons of "Dancing with the Stars," many contestants have talked about the life-transforming benefits of ballroom dancing, including weight loss, increased self-confidence, a sense of pride in accomplishing something they鈥檝e never done before, and, importantly, joy. Here are five business lessons the ballroom world has to offer everyone.
- Can the Midwest adapt to increased flooding?Over the past 50 years, flooding risks have increased in states like Illinois and Ohio.聽 This will require local governments, businesses, and individuals to be more proactive.
- Oil prices fall to seven-month lowOil prices edge down below $91 a barrel as tensions ease over Iran nuclear program. London's Brent crude oil prices fall to $107.
- BMW voted most valuable car brand. Where does your car rank?BMW grabbed the top spot as the world's most valuable car brand in the BrandZ Top 100 Global survey, edging out Toyota. BMW brand value has risen 10 percent over the past year.