All Economy
- Where gas prices are highest Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
- Save big by asking about returned itemsWhen a store accepts a returned or open-box item, they have to do something with it. Often, you can get these products for a fraction of the original price.
- Facebook stock: Once hot IPO now a tale of lawsuits, glitches, and overreachFacebook stock is trading well below its initial offering price. The IPO is being viewed as a debacle for the firm and its investment backers, and the lawsuits have already begun.
- Mortgage rates slide to record lowsMortgage rates continue to drop well below 4 percent. The average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this MBA series. The purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.
- Obama vs. Romney: spirit vs. substanceA new poll shows that when it comes to economic issues, Obama inspires his base more than Romney does his. But the two are evenly matched when it comes to carrying out economic objectives.
- Financial aid. Harvard MBA. Big pay. But student debt still burdens.Financial aid totaled $54,000, but Joe Mihalic slashed costs to pay off his $101,000 in student loans. Despite top MBA programs' financial aid, students can still graduate with six-figure debt. 聽聽
- Donald Driver wins 'Dancing with the Stars.' Five lessons you can learn. Donald Driver was crowned "Dancing with the Stars" champion Tuesday night. Over the 14 seasons of "Dancing with the Stars," many contestants have talked about the life-transforming benefits of ballroom dancing, including weight loss, increased self-confidence, a sense of pride in accomplishing something they鈥檝e never done before, and, importantly, joy. Here are five business lessons the ballroom world has to offer everyone.
- Can the Midwest adapt to increased flooding?Over the past 50 years, flooding risks have increased in states like Illinois and Ohio.聽 This will require local governments, businesses, and individuals to be more proactive.
- Oil prices fall to seven-month lowOil prices edge down below $91 a barrel as tensions ease over Iran nuclear program. London's Brent crude oil prices fall to $107.
- BMW voted most valuable car brand. Where does your car rank?BMW grabbed the top spot as the world's most valuable car brand in the BrandZ Top 100 Global survey, edging out Toyota. BMW brand value has risen 10 percent over the past year.
- Buying a discounted floor model: dos and don'tsYou can buy display models of products like digital cameras and DVDs for a deep discount, but beware the risks.
- Stocks mixed after Greek worries resurfaceAfter gaining for most of the day, the Dow only finished up 2 points at 12503 Tuesday, as news out of Greece yanked indexes lower shortly before the closing bell.
- Existing home sales on the riseSingle family home sales also improved rising 3.0 percent from March and 9.9 percent above the level seen in April 2011 while the median selling price increased 10.4 percent above the level seen in April 2011.
- Leave Facebook's Eduardo Saverin aloneEduardo Saverin's timely renunciation of his American citizenship is no reason to keep him out of the US. People should be able to move where they want, when they want, for any reason.
- Health-care mandate: Catholic leaders sue over birth controlHealth-care plan provision for employer-paid birth control riles Catholic schools, dioceses, and health-care providers. Negotiations with White House 'not encouraging.'
- It's summer. Time for a California budget crisis.Like a movie franchise that keeps coming back, California's annual budget mess is the same story year after year.
- Facebook stock falling again. What went wrong?Facebook stock fell 7 percent in early trading Tuesday, after an 11 percent fall Monday. In challenging market environment, selling IPO of Facebook stock is like 'trying to get a jumbo jet to take off in turbulent weather.'聽
- OECD concerned that eurozone crisis could threaten world recoveryThe Organization of Economic Cooperation and Development said Tuesday the eurozone must get member nations with debt problems under control, so as to not pose problems for a less than robust world economic recovery.
- Student loans: Pay them off, or invest elsewhere?Student loans at currently low interest rates should be paid off as quickly as possible, because there aren't many better investments out there. Student loans are question one in this week's mailbag.
- Facebook IPO dud: Is the future of public companies at risk?In the wake of Facebook's poor stock market debut, is it time to start worrying about the future of publicly traded companies?