All Economy
- Mitt Romney, Bain Capital and the New Gilded AgeThe system that made Mitt Romney's fortunes at Bain Capital is the same one largely responsible for the greatest concentration of the nation’s income and wealth at the very top since the Gilded Age of the nineteenth century.
- Liberty for all: Will the real 'Mr. Republican' please stand up?Liberty and progress go hand in hand, according to The Circle Bastiat's John P. Cochran. President Taft was once known as Mr. Republican. In the present era, Cochran believes Ron Paul has taken up Taft's mantle.
- Slowing manufacturing numbers lead to mixed day on The StreetStocks struggled during a quiet start to holiday-week trading following news that American manufacturing numbers seem to have slowed in June. The Dow average fell after the manufacturing report, finishing down 8 points at 12,871.
- Microsoft to Apple: We're coming for you nowMicrosoft has learned (the hard way) that it cannot sit idly by anymore hoping its partners such as Dell and Hewlett Packard will develop effective hardware. Microsoft now seems ready to become more proactive in its bid to compete with Apple.
- 401(k) strategies: Should money be taken out before or after taxes?401(k) fund withdrawal is the subject of Question No. 7 in this Simple Dollar mailbag. Our expert says given the option, a Roth 401(k) – where the money is taken out after taxes right now – is the best bet.
- 10 coolest cars you've never heard of These 10 cars are so rare you won't see them on any lot. Click through for a list of 10 cars you've probably never heard of.
- Order up: 6 ways to make more money as a waiter or waitressWaiting tables is hard work. Wages are low, and both customers and bosses try to take advantage at every corner. Here are six tips that will help a struggling waiter or waitress survive, and even thrive, in this sector of the service industry.
- Kid apps: Are mobile providers protecting your child's privacy?It can be hard for parents to decipher whether or not mobile apps are collecting and selling sensitive information about their kids, such as location and purchasing habits. But some are working to make the muddy world of app privacy policies a little more clear and help parents worry about kid apps less.
- May construction spending shows incremental increasesOn a month-to-month basis, total residential spending increased 2.96 percent from April and rose almost five percent above May 2011 levels. But spending still remained 60 percent below the kind of peak levels seen in 2006.Â
- When governments spend wealth, instead of building itThere are times when governments need to build tanks. An economist can’t tell the difference between a Tiger tank and a BMW. But a passenger can. It doesn’t take him long to realize that a tank is no way to travel.
- Stock market rises in early trading as US awaits jobs reportThe stock market is rising in early trading Monday on hopes for new measures to deal with the eurozone debt crisis. But investors on the stock market are awaiting a critical US jobs report, to be released Friday.
- Oil prices fall as optimism over EU plan fadesOil prices fell below $84 a barrel Monday as euphoria over the latest plans to solve the eurozone's economic woes faded. Oil prices were down $1.32 to $83.64 by late after noon Singapore time.
- Spain wins UEFA Euro 2012. Does good soccer mean a bad economy?As the UEFA Euro 2012 draws to a close, we wonder: Is there a negative correlation between a country's economic health and its success in soccer? Spain and Italy met in the UEFA Euro 2012 final last night, just as both nations are dealing with monetary struggles.Â
- Peter Madoff, Bernie's brother, pleads guilty to fraudPeter Madoff blamed his brother Bernard Madoff while pleading guilty to conspiracy and falsifying records. Peter Madoff agreed to serve 10 years in prison for his part in the largest known Ponzi scheme in history. Â
- Free summer fun? Check your local college.Colleges and universities offer concerts and lectures throughout the year, and you don't always have to be a student to partake. Just check your local college or university's calendar.
- Facebook stock: How it's fared since IPOFacebook stock fell for the third straight day Friday. How has the stock done since its debut? A look at Facebook stock's first 30 trading days on the market.
- Gas prices lowest since January, but oil soarsGas prices hit a $3.35 national average – the lowest since Jan. 6. But oil prices soared Friday, hinting that gas prices may be back on the way up.Â
- Game changer: Justice Roberts switches teamsThe Court’s majority, made possible by Chief Justice Roberts' surprise decision, has given a huge victory to the Obama administration and, arguably, the American people. The Affordable Care Act is still flawed, but it is also a milestone.
- World markets surge after Europe finds rescue planFinancial markets around the world jumped higher Friday with the Dow Jones industrial average climbing 277 points, closing at 12,880, and the Standard & Poor's had its best day of the year. Stocks advanced even further in Europe.
- Verdict’s in: SCOTUS upholds passel of health care tax provisionsThe Supreme Court has ruled that Congress can require people to either have health insurance or pay a tax if they don’t. The political fate of the Affordable Care Act remains to be seen, of course, but at least we know it is constitutional.Â