All Economy
Are the oil companies gouging gas prices?The oil industry's profits are so huge that it must be taking advantage of customers, right? Actually, it's not that simple.
Amazon stock surges on blowout earnings reportAmazon stock got a boost from the company's huge profits in the first part of the year, led by the runaway success of the Kindle Fire tablet. Amazon stock rose $28.01 in late trading.聽
GDP report puts Obama in economic 'gray zone.' Will Republicans profit?GDP increased at a 2.2 percent annual rate in the first quarter, Commerce Department said Friday. That's below economists' expectations. The news gives Republicans ammunition against Obama.
Pending home sales rise 4.1 percent in MarchPending home sales improved notably in March with the seasonally adjusted national index climbing 4.1% since February and increasing 12.8% above the level seen in March 2011.聽
Starbucks gets 18 percent boost from global customersStarbucks increased its net income by 18 percent in its fiscal second quarter as more customers visited Starbucks cafes in most parts of the world.
Congressional courage on expiring tax provisionsA House subcommittee聽is reviewing dozens of expiring tax provisions.聽The political pressure to聽extend the subsidies聽en bloc is immense.聽
Stock market fallout from Spain downgrade? Quiet.Stock market reaction muted in Germany, France, Britain, and US. First estimate of US GDP in first quarter could sway stock market sentiment.
A bigger house isn't an excuse for more junkThere are plenty of good reasons to move. But if one of them is having more space for your stuff, maybe you should reconsider.
Credit cards: How to save $400 at the pumpCredit cards with gas rewards can be a big help in coping with high gas prices. The most effective credit cards could save you $400 at the pump.
Why do Obama and Romney pay the taxes they pay?Romney pays a much higher rate than the President, even though he makes far more money. Here's why.
US stocks boosted by home sales, corporate earningsUS stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales. The Dow rose 113 points to close at 13204
Extended unemployment claims increaseSeasonally adjusted 'initial' unemployment claims declined to 388,000 from last week鈥檚 revised 389,000 , but seasonally adjusted 'continued' claims increased by 3,000 resulting in an 'insured' unemployment rate of 2.6 percent.
Asia holds the key to Apple's huge earningsApple's huge earnings were聽 shock to many of us in the West, but when the company's rabid following in Asian countries is taken into account, it's not so surprising.
'Fiscal cliff' threatens economy on Dec. 31, Bernanke warns CongressAt year-end, a range of tax cuts are set to expire, potentially dampening consumer spending. Fed Chairman Ben Bernanke said Wednesday there's not much he can do if Congress doesn't act.
30-year mortgage rates fall to 3.92 percentThe average rate for a 30 year fixed rate mortgage (from FHA and conforming GSE data) declined 2 basis points to 3.92 percent since last week while the purchase application volume increased 2.7 percent聽 and the refinance application declined 5.6 percent over the same period.
NFL draft: Why Andrew Luck's rookie salary has shrunkNFL draft 2012 top picks Andrew Luck and Robert Griffin III won't be making the huge money of some of their top pick predecessors, like Sam Bradford and Matthew Stafford. New rules limiting rookie salaries ensure NFL draft 2012 picks have to prove their worth on the field before making the big bucks.
Tax reform goes local. What's the effect?The need for fundamental federal tax reform is critical.聽 Often overlooked, however, is the fact that any such reforms will also affect the tax and fiscal policies of state and local governments.
Taiwan set for Chinese invasion - of investorsTaiwan's economy is poised grow significantly this year as the island relaxes barriers to investment from its old rival, mainland China.聽
Buying a home? Avoid these five mistakes.Houses are more affordable then they've been in decades, and interest rates are low. But a home can turn into a bad buy if you make one of these crucial mistakes.
Facebook stock: Why you can't have anyFacebook stock will be impossible to get unless you have a portfolio worth millions. There likekly won't be enough shares of Facebook stock for individual investors to partake.
