All Economy
- High gas prices: How big a problem for Obama?The last five times gas prices have spiked, the incumbent party has lost the presidential election. On Tuesday, the national average price of gasoline was $3.57 a gallon.
- Rising sea levels and the case against federal disaster reliefGovernment disaster relief and prevention efforts are noble, but they can have unforeseen negative consequences.
- Just how big is the payroll tax cut?The payroll tax cut extension will save workers a total of $114 billion this year. That means an average cut of $714 per worker, though some will take home more (and some less).
- Commercial paper flat in JanuaryIn January commercial paper generally wen flat while still contracting at a rate of 4.12 percent on a year-over-year basis to $972.90 billion, a level that is still substantially lower than even the worst periods of the last two recessions.
- Stock market: After almost 4 years, Dow cracks 13000The stock market hit a big milestone Tuesday, as the Dow Jones industrial average hit 13000 for the first time since 2008. The stock聽market got the final push from strong corporate earnings reports and a Greek bailout deal.
- Gas prices: How rising fuel costs influence lawmakersGas prices are up, and it's already prompted Republicans to pass a bill to expand offshore drilling and and force the White House to issue a permit for the Keystone XL pipeline. But the hike in gas prices won't be as steep, or lasting, as some think.
- Portugal, Italy make debt progress. Not Greece.Among overly indebted Southern European countries, Italy and Portugal have significantly reduced their deficits. Greece, however...
- Gas prices: Could surge at pump derail recovery?Gas prices in California rise above $4 a gallon. By spring, some areas could see gas prices rise to $5 a gallon.
- Yelp IPO is near, could raise $115 millionYelp IPO targets stock price at $12 to $14 a share. Yelp IPO target suggests company could be worth up to $840 million.
- Springsteen takes on Wall Street in new albumBruce Springsteen's new album, 'Wrecking Ball' is a scathing indictment of Wall Street greed and corruption.
- A checking account with interest means effortless moneyThe interest rate you'll get on a checking account will be minuscule 鈥 sometimes under 1 percent. But it's money that you'l have to do nothing to earn.聽
- Hillary Clinton's new job: At the world bank?Hillary Clinton has announced that she is interested in a job at the World Bank, opening up when Robert Zoellick retires.聽
- Johannesburg no longer a no-go for tourists, investorsJohannesburg has a reputation for high crime, but efforts to rejuvenate the South African city are having an impact.
- Downton Abbey and the kinder, gentler 1 percentDownton Abbey's Lord Grantham is a kind father figure to his large working class staff. Should we introduce legislation to encourage the upper class to behave as they do in Downton Abbey?
- Knicks on TV: MSG, Time Warner finalize dealKnicks basketball is back for 2 million Time Warner Cable subscribers in New York City. The carrier has finalized its deal with the MSG network. Fans had not been able to watch Knicks games on the network since Jan. 1.聽
- Oil prices soar as Iran cuts off supplyOil prices jumped to $105 per barrel Monday after Iran halted exports to Britain and France. Oil prices are now at a nine-month high.聽
- As Greece awaits bailout, southern Europe seethesEuropean governments are expected to sign off on a second bailout for Greece today. But conditions set on rescue money have fueled populist unrest in southern Europe.
- U.S. stocks vs. gold prices: Which is the better investment?US stocks are a better place to put your money than gold, according to Warren Buffett. But gold prices are only going up, and gold is a far less risky investment than US stocks.
- Unemployment gap in education shrinks in USUnemployment gap based on levels of education is wide in the United states. That unemployment gap is still quite large, but it got smaller in 2011.
- Top 10 richest US presidents Mitt Romney earned nearly $22 million in 2010. If elected, he would be in the Top 3 most wealthiest presidents. You may be surprised by who ranks among the Top 10 wealthiest US presidents.