All Economy
- Occupy Wall Street? No, divest from it.A growing bank divestment movement is pushing universities to move their money from big banks to small local financial institutions. So far, bank divestment successes are few and far between.
- Romney can take risks. He's rich.Mitt Romney is casting his campaign as a defense of free enterprise, hard work, and risk-taking. Easy for him to say: the higher you go on the economic ladder, the easier聽it is聽to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.
- Zappos hacked: 24 million accounts at riskZappos says hackers potentially gathered names, e-mail and physical addresses, phone numbers, and last four digits of credit cards. But full credit card numbers not exposed, Zappos says.聽
- What does it mean when Romney says, 'I understand the economy'?In today鈥檚 America, the president needs to understand the economy measured by middle-class incomes, paychecks, the quantity and quality of jobs, rates of poverty, and income gaps. Romney understand the economy of Wall St., not Main St.
- Economy: Why the 'good' news isn'tGlobal financial news has been good ever since the Fed decided to print more money. But consumers still aren't spending, and the new employment figures are hardly signs of real recovery
- Bruce Springsteen, OccupierThe Boss has a new album coming out that's heavily focused on economic justice
- Can an economy still grow with serious debt?A country's budget surplus and economic growth generally go hand in hand, but there are some exceptions to the rule.
- Gas prices will drop, Nigerian president saysGas prices in Nigeria will drop to $2.75 per gallon following a nationwide strike over rising gas prices.
- A reliable purchase is a smart purchaseFrom washing machines to televisions, from kitchen knives to media players, reliability is an incredibly valuable feature
- Income inequality: It's a problem. Here's why.Income inequality is strongly correlated with the inability of the next generation to achieve the American Dream. The more income inequality, the fewer people can achieve the 'Dream.'聽
- The week's biggest financial newsThe Fed defends the housing bubble, Fannie Mae's CEO resigns, and Obama wants to convert foreclosed properties into rentals
- Change your dreams, not your plansAs you move through life, your dreams will change, so your plans should be steady yet flexible
- Mitt Romney needs to get his facts straightMitt Romney asserted that federal low-income programs are administered so inefficiently that 鈥渧ery little of the money that鈥檚 actually needed by those that really need help, those that can鈥檛 care for themselves, actually reaches them.鈥 But administrative costs only count for between 1 and 10聽 percent of these programs' spending.
- Oil prices fall below $99 a barrelOil prices drifted lower Friday on concerns about European credit downgrades. A European recession would slow demand for oil and push oil prices lower.
- College savings plans: Is prepaid tuition still a good idea?College savings plans are struggling in many states because of rising tuition costs and declining returns. About half of prepaid college savings plans have stopped accepting new money.
- Consumer confidence improvesThe University of Michigan's聽 Index of Consumer Expectations rose to 68.4, and the Current Economic Conditions Index climbed to 82.6.
- Should New York scrap its nuclear power plant?The power generated by聽 the Indian Point nuclear plant just north of New York City is cheap and clean, but is it worth the risk?
- Has capitalism failed us?How is it possible that the most dynamic, best capitalized, most high-tech economy in world history could not add a single dollar to the real wealth of the average working man over a 40 year period?
- Shopping: Why it pays to researchFor every $100 you plan to spend over an item's lifetime, do an hour of research. It will pay off.
- Credit rating slashed, France promises reformsCredit rating downgrades prompts several European nations to lambaste S&P ratings agency. But France, which lost its AAA credit rating, says it will implement cost cuts.