All Economy
Japan easing boosts Asia's stock, but not Europe'sJapan's central bank boosts bond-buying in an effort to lower interest rates. Japan's Nikkei index jump to a four-month high, but European stocks are unmoved.聽- FocusRise of the renter delays the dream of homeownershipMore Americans seek low-cost rentals instead of homeownership in the post-crash housing market. Affordability is the main challenge with 42 million US households paying more than 30 percent of their income on housing.
Save money by preparing for the worstWhat you pay for your homeowners insurance is partly determined by how disaster-resistant you make your home, Hamm writes. To save money on your rate, consider installing smoke and burglar alarms that automatically contact emergency services when activated.- Does uncertainty cost the economy jobs? Fed researchers call it a big problem.Economists at the Federal Reserve Bank of San Francisco say uncertainty over future taxes and other policies has raised unemployment by one to two percentage points. That's lots of jobs.
The best and worst states for driversA new study by CarInsurance.com ranks New Hampshire and Alaska among the top states for drivers, Read writes. Mississippi and Louisiana, on the other hand, make drivers miserable.
FedEx's weak outlook leaves stocks mixedStock prices were mixed Tuesday after FedEx聽sharply reduced its fiscal-year profit forecast.聽FedEx's stock fell $2.73, or 3.1 percent, to close at $86.55.
What's missing from your home? An inventoryTo make the most of your home insurance, Hamm recommends making a detailed inventory of your possessions. If disaster strikes, you'll have a better idea of how much you need to be reimbursed.
The ideal economy: How do we get what we really want?In a completely free market, we can assume people will get what they want, or at least what they deserve, Bonner writes.聽
Spain dithers: Stocks fall, borrowing costs riseStock markets fall as investors grow nervous about Spain's delay in asking for a bailout. Spain's bond yields rise, but bond auctions generate strong response.
Housing market shows improvement in SeptemberThe National Association of Home Builders' Housing Market Index rose notably in September, but housing market聽conditions still remain fairly distressed by historic standards.
Occupy Wall Street fizzles. Is the movement over?Occupy Wall Street celebrated its one-year anniversary Monday with demonstrations that led to several arrests, but not an enthusiastic turnout. Is Occupy Wall Street finally finished for good?
Small savings add upSaving a few dollars here and there eventually add up to big numbers. The key is making these small financial steps a daily routine, Hamm writes.
FedEx cuts service on dim global economy outlookFedEx forecasts are closely watched for signals of future economic health, and the package delivery company is聽cutting its forecast for the fiscal year ending in May because of the worsening global economy.聽FedEx聽is seeing a drop in demand for more expensive priority services.
Oil prices plunge after last week's bumpOil prices bobbed above $97 per barrel and then retreated on Tuesday, a day after聽prices聽unexpectedly took a plunge. The drop in oil prices聽erased the gains made last week when the Federal Reserve unveiled new steps to boost the US economy.
Grim prospects for Romney and RyanThe Romney-Ryan ticket continues to lag behind in polls despite bad economic news because Republicans appeal to only one slice of America, Reich writes.
Fed easing: How many homeowners will it really help?Federal Reserve's new push to ease mortgage rates won't help underwater homeowners and those with bad credit. Despite current low rates, two-thirds of homeowners have interest rates above 5 percent.聽
Curb your need for speedDriving too fast can lead to speeding tickets, extra gas costs and an increased risk of accidents. To keep insurance costs low, Hamm recommends playing it safe and staying below the speed limit.
Apple hits new high as stocks slip slightlyWeak economic news sent stocks sliding after a four-day surge in stock prices. Apple bucked the slight downward trend, rising $8.50 to $699.78, a new high for the stock market's most valuable company.
Housing prices: Agents make houses sell for a lot less. On purpose.Housing prices are manipulated by shady real estate agents who practice 'flopping.' Instead of making homes look good to raise housing prices, tey make them look bad so banks will sell them for a loss.
The Fed can't create jobs all by itselfLow interest rates won鈥檛 boost the economy without an expansive fiscal policy that makes up for the timid spending of consumers and businesses, Reich writes.
