All Economy
Jeep Wranglers recalled for potential fire hazardJeep Wrangler models from 2010 are being recalled by Chrysler due to a flaw in the design of the skid plate that protects the transmission, which could ultimately result in a fire.The problem affects 67,872 vehicles.- Facebook stock falls 11 percent in second trading dayFacebook shares close down $4.20 in Monday trading. Facebook stock dropped so much Monday morning that 'circuit breakers' kicked in to restrict sell orders.
Explaining the bumpy stock marketUS stocks are being pushed lower by factors like uncertainly in Europe, and pulled higher by better jobs data and good news on the housing market. It can be hard to see from a day to day perspective.
Will Greek default really mean leaving the EU?German leaders聽 have warned that if Greece cancels its austerity measures, Germany and others will stop funding the Greek budget deficit. That may not necessarily mean that Greece will be forced to exit the EU and reintroduce the drachma.
Houghton Mifflin Harcourt files for bankruptcyHoughton Mifflin Harcourt, the book publishing giant, has filed for bankruptcy protection to eliminate $3.1 billion in debt. Houghton Mifflin Harcourt had been struggling with聽 heavy debt for years.
Chicago Fed: US economy improvingThe Chicago Federal Reserve National Activity Index, a weighted index of 85 economic indicators, showed signs of improvement for the US economy.- Top 10 most expensive car repair mistakesBetter built cars and an uncertain economy mean that Americans are holding onto their cars for longer than ever and are doing more of their own repairs. Nearly half of those who already do their own auto repairs say they are doing more of them themselves this year; 3 in 4 of those who rely on a mechanic say that economic conditions are making them more likely to attempt their own repairs, according to a recent survey by AutoMD.com. But there are mistakes that even the most seasoned do-it-yourselfers can make. Whether you like to go under the hood or take your vehicle to the shop, here are 10 expensive repair and maintenance mistakes to avoid:
Mitt Romney's skewed praise of Bill ClintonMitt Romney has been praising Bill Clinton even as he heaps scorn on Obama, trying to associate himself with someone more popular and court the white male vote. It might backfire.- France says 'oui' to euro bonds, but Germany says 'nein'German finance official says Berlin continues to oppose euro bonds, which would create debt backed jointly by European Union nations. EU members meet Wednesday in Brussels to discuss euro bonds and other growth-enhancing policies.
Tech stocks exchange to change IPO auctions after Facebook glitchesTech stocks IPO auctions will be revamped, Nasdaq CEO says, after delays plagued Facebook's first day of trading. SEC investigating to see if delays hurt trading in the tech stock's underwhelming IPO.- Gold prices to climb if Greece gets fixedGold prices fall when dollar strengthens, as it has during latest Greek crisis. Gold prices will recover when Greece's path is clear, says a gold expert.
- Fiat auctions special edition car via TwitterFiat hosts TwitBid auction for a special-edition Fiat 500. The winning bid was聽鈧15,200.聽
- Oil prices will rise, Iran says, if embargo comesOil prices will go up if European Union goes through with a total embargo on Iranian crude in July, Iran's economy minister says. IMF has warned oil prices could rise as much as 30 percent if Iran halts exports.
- My Nissan Leaf life: Want a plug-in car? Consider your lifestyle.Buying a plug-in hybrid or electric vehicle is more than just buying a car. It's choosing a lifestyle.
- Pet food recall that won't end? Diamond cat food now risky.Pet food recall from Diamond Pet Foods has been expanded eight times, triggered an FDA investigation and critique, and now includes cat food. The company's handling of the salmonella crisis may be even worse.
Latest idea from Apple: an in-car remoteApple has filed a patent for an iPod-like clickwheel mounted on the steering wheel. In-car remote would let drivers change songs, playlists, or Internet radio stations.聽
Do hybrids save money? Website lets you calculate it.Hybrids cost more upfront but are cheaper to operate than nonhybrids. The federal government has launched FuelEconomy.gov聽so consumers can calculate the payback period for buying a hybrid.- Health-care protest bills get Missouri OKHealth-care bills taking a swipe and President Obama's health-care program passed the Missouri legislature this week. One allows employers to refuse health insurance for birth control; the other would let voters decide whether to allow the creation of a health-insurance exchange.
- Obama, G-8: Recovery takes both growth and cuttingConfronting an economic crisis that threatens them all, President Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.
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