All Economy
- Ryan budget is reforming entitlement? No. Destroying it.Entitlement reform? Forget it. In an era of rampant economic insecurity, Ryan’s destruction of Medicaid, food stamps, social security, and other safety nets would cause American families even greater hardship.
- BP recalls gas in Indiana. You can recall gas?BP alerts northwest Indiana drivers that their gas may cause hard starts or stalls. Drivers who have experienced such symptoms can call BP for a refund.
- House hunting: Know the budget before you startBuying a house can be a minefield of high hopes and dashed expectations. Figuring out exactly how much you can spend before you start will make it a lot easier.
- Long cherished, the shorter workweek loses ground in EuropeSince the economic crisis hit in Europe, aggregate hours for full-time workers have increased across the European Union, according to a new report.
- Will getting married help or hurt your tax rate?The Tax Policy Center's new marriage bonus and penalty calculator can tell you whether you will pay more or less income tax as a married couple.
- The fairy tale of British spending cutsCritics blame David Cameron's spending cuts for causing another recession. What spending cuts?
- Canada money controversy: Bank apologizes for 'racist' dollar billCanada money controversy over an $100 banknote featuring an Asian woman prompted the bank's governor to apologize Tuesday. Critics accused the central bank of racism in the Canada money controversy.
- Romney/Ryan economic plan: Five reasons it's a disaster for AmericaMitt Romney calls Paul Ryan's detailed budget plan 'marvelous,' and 'bold.' But it would boost unemployment, lower taxes on the wealthy, and slash infrastructure. Is that the kind of boldness we need?
- Best Buy second-quarter profit drops 90 percent, missing estimatesThe poor report was announced a day after Best Buy name Hubert Joly, former CEO of the Carlson travel company as its new CEO and president.
- Apple vs. Samsung: Battle royale of smartphone behemothsApple vs. Samsung: Apple wants $2.5 billion from Samsung for 'ripping off' it's iPhone and iPad technology. Samsung wants $399 million from Apply for using its technology. Closing arguments in the Apple vs. Samsung fight are expected Tuesday.
- Shocker: Stocks defy expectationsStocks have outpaced Wall Street forecasts to an unprecedented degree this year. It almost always works the other way around.
- FocusObama plan for high-speed rail, after hitting a bump, chugs forward againHigh-speed rail plans, announced by the White House in 2009, are back on track after Amtrak commits to upgrades in the Northeast and California approves billions to build new tracks.
- Greed is (not) good. Here's a better capitalism.Profit should not be the sole goal of business. Profit should be the byproduct of business excellence.Â
- Stock futures nudged higher by possible ECB dealStock futures in the US edged higher Tuesday morning on hopes that the European Central Bank will work out a deal to help Spain and Italy borrow at cheaper rates. Stock futures on the Dow rose 0.2 percent to 13,255.
- Are economists useful anymore?Modern economists – especially the famous ones – close their eyes to how an economy actually works, focusing instead on a make-believe world of numbers and theories, with little connection to the world in which most people live.
- Facebook stock: Early backer sells most of his sharesFacebook director Peter Thiel dumps some 20 million shares of his Facebook stock as lockup period ends. Facebook stock closes at nearly half its original price.Â
- Stocks edge down as doubts mount about ECB actionStocks fall slightly on one of the lightest trading days of the year. Stock market weighed down by doubts about how forcefully the European Central Bank might act to head off Europe's debt crisis.
- As grain prices rise, so does Germany's debate over biofuelTwo German cabinet members have squared off on whether biofuel production is contributing to higher food prices. Biodiesel and bioethanol provide about 6 percent of the overall fuel supply.
- Apple stock: the market's new MVPApple stock surges 2.6 percent in Monday trading. Apple stock is now worth $623.5 billion, beating Microsoft's market capitalization during the Internet boom.Â
- Mortgage shopping? Get an HUD-1 form. What's that?HUD-1 forms itemize all of the services and fees that are charged to you while applying for a home loan. Get a copy before you sign any other mortgage papers.