All Economy
- Cage-free promise on Burger King pork, eggs by 2017Cage-free promise: Burger King has pledged that all of its pork and eggs will come from cage-free chickens and pigs within the next five years. The Burger King cage-free promise marks a huge step in the shift toward more humane treatment of livestock.
- UK enters a double-dip recessionToday's preliminary GDP number from Britain showed that it has entered a double-dip recession as GDP has fallen two quarters in a row.聽
- Patents arsenal: Why Facebook is buyingPatents accumulation is key strategy as Facebook prepares to go public. It bought $550 million worth of patents from Microsoft.
- Apple earnings lift stocks worldwideApple earnings exceeded expectations, causing stock markets to rise from Japan to Germany. US stock futures also get a boost from Apple earnings.聽
- Mad cow disease: Big deal abroad. US? Not so much.Mad cow disease has hit the US only four times since regulators took steps to control it 15 years ago. Although the latest announcement of mad cow disease may alarm American consumers, the biggest reaction may come from nations that decide to ban US beef. 聽
- First BP oil spill arrest: Why put the squeeze on a mid-level engineer?The first criminal charges brought in the 2010 BP oil spill 鈥 against Kurt Mix, a former BP engineer 鈥 show that the government still seeks the answer to an essential question in the spill鈥檚 aftermath: Did BP tell the truth about what it knew about the size of the spill? At stake are billions in fines.
- Hungry? Pizza Hut launches cheeseburger crust pizza.Pizza Hut has released a pizza lined with tiny cheeseburgers in the Middle East, just weeks after releasing the "Hot Dog Stuffed Crust Pizza" in the UK. When will Pizza Hut bring a wild pizza crust to the United States?
- Student debt: How big a risk does it pose to the economy?Student debt represents a financial challenge for America, some economists say, but in a way that's different from the big buildup in mortgage debt that led to a deep recession.
- Argentina's move to nationalize oil firm YPF highlights Spain's declineSpain used to be one of the most powerful economic forces in Latin America, but now it's struggling to punish Argentina for nationalizing a Spanish-owned oil producer.
- Home prices: New numbers raise hopes they're finally starting to stabilizeDeclines in home prices may be slowing, according to one report, while another has found the first year-on-year increase in prices since July 2007.
- Home prices keep fallingThe non-seasonally adjusted Composite-10 price index declined 0.78 percent since January while the Composite-20 index declined 0.76 percent over the same period resulting in the lowest level seen to on the Composite-10 since April 2003 and the largest peak decline seen since the nearly six year old housing bust began in 2006.
- Apple earnings will report this evening; stocks riseApple earnings for the first quarter will be reported after the close of the stock market Tuesday. In anticipation of he Apple earnings report, Apple stock has fallen sharply.
- How can Venezuela be so rich in resources, but so low in supplies?In the modern world, a country鈥檚 natural resources have very little to do whether goods are on the nation鈥檚 shelves for people to buy. Venezuela is a prime example.
- 400-year-old diamond 鈥 owned by royals 鈥 for sale400-year-old diamond, owned by a French king and German, British royal families, will be auctioned off by Sotheby's May 14. Known as the 'Beau Sancy,' the 400-year-old diamond is expected to fetch up to $4 million. 聽
- Are US manufacturers quitting China?Citing rising labor costs, many US manufacturers say they're planning to leave China and come back to the United States.
- Social Security fund: Cash gone in 2033Social Security fund will run out three years earlier than earlier projections due to boomer retirements, weak economy. If Social Security fund runs out, retirees will get 75 percent of promised benefits.
- Just say no to catalogsCatalogs are loaded with items you don't need, and they're very good at convincing you to buy such items. Send them straight to the trash.
- Latest cyberattack on Iran targets oil export facilitiesComputer servers at the government oil ministry and the National Iranian Oil Co. are the apparent target of a cyberattack via a data-deleting virus, Iranian officials have acknowledged. Previous attacks struck at Iran's nuclear program.
- High gas prices are a bipartisan failureNeither Republicans nor Democrats are offering up policies that will effectively address high gas prices.
- Stocks fall on worries over European stabilityThe Dow slipped 102 points to close at 12927 Monday as worrying news out of Europe sent US stocks sharply lower.