All Economy
Sweden: a spending reduction success storySince 2006, when the current Swedish government was elected, government spending relative to GDP fell from 52.9 percent in 2006 to 51.8 percent in 2011, faring much better than the global average.
Obama's disappointing response to JPMorgan ChaseEven if he didn't want to criticize Jamie Dimon, the president could have used the occasion of JPMorgan Chase's $2 billion trading loss to come out squarely in favor of tougher financial regulation. He didn't.
Honda recall involves 53,000 Acura TL sedansHonda recall of nearly 53,000 sedans in the US is due to a problem with power steering hoses. Acura sedans from 2007 and 2008 are part of the Honda recall.
Are universities scared of the online learning movement?Mainline universities loudly proclaim their love of online learning 鈥� and pedagogical innovation more generally 鈥� while doing everything possible to slow it.
Facebook IPO: Who's resisting Facebook and whyFour of every 10 Americans are not on Facebook. Will more join or has US growth peaked? Facebook IPO investors want to know: Can the resisters be persuaded to join the social network?
Foreclosures down, short sales up. Are banks getting smart?Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead.
Oil proceeds: Venezuelan driver wins F1 race with $66 million from ChavezVenezuela's state oil company, PDVSA, sponsored Formula One champion Pastor Maldonado, stirring controversy over the PR campaign at home, writes a guest blogger.
Who will fuel Facebook's growth? India.Facebook users in India could surpass US totals in three years as its Internet population is set to triple. The challenge for Facebook: average revenue per person is just $1.79 in Asia vs. $9.51 in North America.
Why China's economy may be heading for a hard landingBusiness confidence has sunk for the third quarter in a row as a growing number of indicators suggest China's economy is slowing.
Facebook shareholders selling more sharesFacebook stockholder and hedge fund Tiger Global has decided to sell more than 23 million shares, up from 3.4 million a day earlier. Other big sellers of Facebook shares include Goldman Sachs, a Russian billionaire, and two Facebook insiders.
How Greek economic woes could help US consumersFears that Greece may default on its debt are spurring interest in US Treasury bonds, driving down interest rates on mortgages and auto loans 鈥� but not (alas) for credit card debt.
Will a dividend tax hike lower stock values?If current law isn't changed, then there will be a big increase in the taxation of dividends in the US next year, something that will send stock prices lower.
Greek turmoil causes US stocks to slideThe Dow lost 33 points to close at 12598, continuing its rocky performance during the month of May.
20 ways to save on your summer vacationYour summer vacation doesn't have to break the bank.聽 By being flexible in your travel plans, checking multiple sites for deals, and dining out less, you can save a bundle on your getaway.
The ExplainerWhat would a Greek exit from the eurozone look like?Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
Will stocks crash like it's 1987? Not this year.The potential for a summer stock market crash (like the one that happened in 1987) is low, because the market environment now is very different from the market then.
Housing permits on the riseSingle family housing permits, increased a notable 1.9 percent from March to 475,000 single family units, and increased 18.5 percent above the level seen in April 2011, but still remained 聽an astonishing 73.58 percent below the peak in September 2005.
Diamond sells for $9.7 million at Swiss auctionDiamond sells for $9.7 million in an auction in Geneva. Marie de Medici wore the 34.98 carat Beau Sancy diamond at her coronation as Queen Consort of Henry IV in France in 1610.
Want the newest iPhone? Wait six months.Newly released products are exciting, but having the patience to wait for a markdown will pay off big in the long run.
Creating jobs while reducing the deficit: hard but possibleJust because deficit spending in general can be helpful in a recession and recovery and harmful in general in a recovered economy, doesn鈥檛 mean all deficit spending is equally good in a recession and recovery, or all deficit spending is equally bad in a full-employment economy.聽 There are benefits and costs in either situation.
