All Economy
Unemployment rate hits three-year low. Hooray? No, boo!The unemployment rate for April was 8.1 percent, the lowest rate since President Obama took office. But the unemployment rate is falling for all the wrong reasons.聽
Total unemployment goes flatIn April,聽 'total unemployment' including all marginally attached workers went flat at 14.5 percent while the traditionally reported unemployment rate declined slightly to 8.1 percent.
US stocks fall on disappointing jobs reportUS stocks opened lower Friday after the government reported that hiring slowed in April.
Japan shuts down last nuclear reactor for tests. End of nuclear power?If Japan survives the summer without power blackouts, citizens may pressure the government to make the temporary nuclear shutdown permanent.
Don't celebrate paying off a credit card with more spendingAll too often, debt is an unbreakable cycle. Splurging after getting debt under control only continues that cycle.
Facebook IPO: World's most expensive dog and pony showFacebook executives will make the rounds next week to convince fund managers and institutional investors that its initial public offering is worth $28 a share or more. With Facebook's valuing itself at up to $96 billion, it would be the biggest Web IPO ever.
Jobless claims fallInitial jobless claims declined to 365,000 claims from last week鈥檚 revised 392,000 claims, while continued claims for unemployment benefits聽 declined by 53,000 resulting in an 鈥渋nsured鈥� unemployment rate of 2.6 percent
GM stock: Earnings down. Outlook cautious.GM stock fell in Thursday trading after the company released a cautious outlook for North America, which so far this year has buoyed sales and GM stock.
How will today's jobless claims numbers affect the market?After weeks of softening jobs data, a solid decline in unemployment claims is crucial in stopping the burgeoning slow jobs growth trend.
The dollar is in decline. So how to invest it?The Federal Reserve's role should be to protect the value of the dollar.聽 But the dollar has been in decline for most of the last century.
Harvard and MIT to offer online courses. A step in lowering college costs?On Wednesday, Harvard and MIT announced they're forming a new organization called edX to deliver online courses to learners around the world. Each school is investing $30 million.
Stocks mixed after lackluster jobs reportThe Dow fell 10 points to close at 13268 after ADP reported that the US added far fewer jobs in April than in March.
ADP: Private sector adds 119,000 jobsPrivate employers added 119,000 jobs last month,聽 bringing the total employment level 1.70 percent above the level seen in April 2011.
Would you pay $849,000 to park your car in a garage?In London, you can. A London real estate agency is offering city-dwellers a two-car garage for 拢525,000.
Credit card debt: What can you do about it?Calling your credit card company to negotiate a lower interest rate may be a good step towards getting out of credit card debt, Hamm argues.聽
Mortgage rates stay under four percentThe average rate for a 30 year fixed rate mortgage聽 went unchanged at 3.92 percent since last week, while the purchase application volume increased 2.9 percent and the refinance application declined 0.7 percent over the same period.
Comcast stock: Earnings up. Price falls from peak.Comcast stock falls after hitting 12-year high Tuesday. Quarterly earnings for Comcast stock rose 30 percent, exceeding expectations.
Dodge Dart: high-mileage Aero coming in a few monthsDodge Dart Aero will start at $16,000 and get at least 41 miles per gallon on the highway. But fuel ratings for Dodge Darts with automatic transmissions have not been revealed.聽
Ethikus offers a Groupon-like service to find ethical, sustainable businessesNew York City startup Ethikus provides vouchers for small businesses whose practices embody principles of sustainability.
Five challenges for the IRS's new capital gains reporting rulesThe new rules for reporting capital gains is a laudable aim, but the IRS faces a number of challenges to make this initiative work.
