All Economy
- Zuckerberg's 1 percent mortgage: Why does a billionaire need a loan?Mark Zuckerberg just聽 refinanced his Palo Alto home with a 30-year, 1.05 percent adjustable mortgage rate. Why do billionaires like Zuckerberg take out home loans, when they could easily buy their properties outright?
- Did the Feds rig the system?Bill Bonner and the analysts over at The Daily Reckoning are feeling fairly vindicated this week. They have been investigating how the federal government may have rigged the system over the past 30 years, directing funds to help the rich get richer.
- 401(k) plans: Is my company's default option the best?401(k) plans expense ratio offered through a reader's job is competitive, but not the best. What are his other options? Question 1 in this week's mailbag deals with how to get the most out of 401(k) plans.
- Planned Parenthood sues Arizona for cut fundingPlanned Parenthood sued the state of Arizona Monday in an effort to overturn a law that blocks funding for its health clinics because the organization also performs abortions. The new law is part of a national campaign against Planned Parenthood orchestrated by conservatives.
- Comcast, NBC build a wall between MSNBC website, TV channelComcast and NBC draw a line between the liberal commentators of the MSNBC channel and the straight-news MSNBC website.聽
- Yahoo's new CEO: Marissa MayerGoogle Inc's Marissa Mayer will become Yahoo Inc's new chief executive on Tuesday, edging out front-runner and acting CEO Ross Levinsohn.
- Retail sales down three months in a row: why economy is coolingBehind the economic gloom that has seen retail activity decline for three straight months are a weak job market, high debt loads, even fears of the looming 'fiscal cliff.'
- Buying a new home? Consider downsizing.When you're buying a new home, especially your first, you probably don't need as much house as you think. A smaller fit might be a better (and cheaper) one.
- Why women should be happy we can't have it allWomen may still feel pressure from society to have it all, to take care of everything. But choosing and prioritizing will lend greater value to the things that make us happiest.
- Is US democracy for sale?Unprecedented income inequality combined with unlimited campaign contributions means that now, more than ever, the democratic process is under the influence of a small number of very wealthy people. Here's how to stop it.
- MSNBC.com joint venture dissolved, Microsoft and NBC go separate waysThe breakup announced late Sunday dissolves the final shreds of a 16-year marriage between Microsoft Corp. and NBC News.
- For better or worse? Making sense of Ireland's economic progress.Ireland released its latest economic reports last week, and there's good news and bad news. On the one hand, Ireland's economy is no longer contracting; on the other, it isn't recovering at the same speed as some of its聽 northern European neighbors.
- Oil prices fall below $87 per barrel on Chinese economic warningsOil prices fell slightly in Asia Monday on downbeat economic comments from China's premier. Oil prices fell 41 cents to $86.69 per barrel.
- Gas prices fall 7 cents. But is the decline over?Gas prices hit $3.41 a gallon, down 14 percent from this year's peak. But rising oil prices suggest the decline in gas prices will end.
- Electric cars? That's so 20 years ago.The CleanAir LA301 ran on electric power a generation before the Chevy Volt hit the market. So what happened?
- Trim your grocery bill by sticking to the listA list is your best defense against overspending at the grocery store.
- Grocery store flyers: Your meal planning guideThose coupon sheets from grocery stores that you get in the mail? Don't thrown them away. Use them to your advantage.
- Electric sports car: Toyota takes on TeslaMost automakers are being cautious with their initial electric offerings, but customers are begging for something more exciting. Toyota is rising to the challenge with plans for an electric sports car to rival electric automaker Tesla.
- Sorens on Raico: Great minds think (mostly) alikeA review of Ralph Raico鈥檚 outstanding recent book, Classical Liberalism and the Austrian School reminds David Gordon that appeals to 鈥渢he results of human action but not of human design鈥 are quite common among Austrian methodological individualists.
- Happy Friday! JPMorgan launches stock market rallyShowing a vote of confidence in JPMorgan Chase Friday, relieved investors drove up bank stocks, ended a six-day losing streak for the market and sent the Dow Jones industrial average up 204 points, the best day this month, to close at聽12,777.