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Apple surge lifts Nasdaq 2 percentThe Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The Dow gained 89 points to close at 13090 on an all-around good day for US stocks.
How to be content with your financial decisionsEveryone wishes they could have it all. How do we really become content with the financial decisions we need to make?
Fed sees more growth? Don't count on it. Recession ahead.Despite the Federal Reserve's brighter outlook for the economy, consumers won't spend enough to keep the US from sliding into a moderate recession this year.
New home sales drop 7.1 percentNew home sales fell a steep 7.1 percent in March but rose 7.5 percent above last year's level.
Do Republicans contradict themselves in the Small Business Tax Cut Act?The mechanics of the House GOP's Small Business Tax Cut Act seem to fly in the face of what many in the party have been saying lately.
How to sell a house? Five reasons to auction it.In locales across the United States, home auctions are taking place with increasing frequency. Real estate companies are opening auction divisions; agents are attending auction school to learn how to sell a house in a new way. In its first six weeks of operation, our auction portal received more than 1,000 visits from across the US and 29 nations. Two-thirds of the visitors who completed our survey had not yet listed their home with a real estate agent, meaning they were thinking of auction as their first option. These homeowners aren't in foreclosure; they're simply looking into this alternative sales method to find out if auction is right for them. Here are five benefits of auctioning your home:
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
