All Economy
Home prices fall againWith slowing summer/fall transactions has come a notable decline of prices, with the national index declining 1.8 percent since October and falling 7.11 percent below the level seen in November 2010.
Avoid the backward start-upMany entrepreneurs start with a backward business model. The key is to look to the market for ideas rather than force your product on the market.- Stocks fall. Greece weighs on markets.Stocks are down in Asia and Europe ahead of a key European summit. S&P futures are also lower. Investors shun stocks as concerns linger about Greece's long-term solvency. 聽
Do you really need that deep freezer? Really?The distinction between wanting an item and needing it is a key one. If you don't need something right away, it pays to be patient with your shopping.
Good housing legislation could save the economyHousing is the one area of policy with the greatest potential to actually move the needle on the economy- Ford: Income skyrockets. Best year in a decade.Ford saw its income jump 200 percent last year with a special tax allowance. Even without that, Ford has notched 10 consecutive quarters of profits.
Beware of China's housing bubbleThe housing frenzy has driven prices so high, so fast, that a crash on the scale of the real estate collapse in Japan in the 1990s is a virtual certainty in China- CEO pay cut: Who saw pay halved in '11?CEO pay of $84 million earned him the top spot in 2010, but dropped to $43 million in 2011. So who was tops in CEO pay last year? Apple's Tim Cook.
Economic tales from the Southern HemisphereSouth Africa and Australia are booming, but the gap between rich and poor is vast.
Don't forget your lint trap!It's a small thing, but forgetting to to clean out your lint trap after a load of laundry will cost you dearly when it comes to your energy bill. But a few further steps will help your dryer run even more efficiently.
Fourth-quarter GDP figures good, not greatThe growth rate was 2.8 percent, slightly below expectations but an okay boost nevertheless.
The working class rises up across Latin AmericaMaids, parking valets, and other domestic workers push back against ill treatment in 'the world's most unequal region.'
Why exotic animal trade grows in AsiaRising wealth聽lifts demand for exotic pets and delicacies in Asia. Meanwhile, enforcers are stretched thin.- White House proposes new help for troubled mortgages. Too little, too late?President Obama's mortgage modification program has helped only a fraction of Americans under water. New measures have been proposed, but they could be costly to taxpayers.
Keep the dishwasher and fridge apart; save a bundle on energyWhy would you put a device that gets hot next to a device that gets cold? They would both be using energy to fight the effects of the appliance next door.- College tuition costs: Hold 'em down or else, Obama saysCollege tuition costs could determine how much federal aid colleges and universities get, President Obama says in a speech at the University of Michigan. College tuition costs rose 7 percent at the university this year.聽
- $132.9 billion: Remember TARP? It still owes you.$132.9 billion short, the 2008 US bailout of the financial system could continue through 2017. Some of the $132.9 billion TARP money will never be recovered.聽
Can California change US cars forever? New zero-emissions rules take aim.California has adopted new rules that require 15 percent of all cars sold in the state to be electric, plug-in hybrid, or hydrogen-powered by 2025. Perhaps surprisingly, automakers are onboard.
Can economy help Obama reelection? One statistic gives him hope.Since 1948 only one incumbent president has won reelection with joblessness over 7 percent. There is another unemployment statistic, however, that could play in President Obama's favor.
Can one professor teach 500,000 students at once?Former Stanford professor Sebastian Thrun has already taught a class of 160,000. Now he's aiming to teach 500,000 students. 聽
