All Economy
- Mortgage rates hit new lowsMortgage rates for a 30-year fixed loan falls to record 3.84 percent. Mortgage rates for 15-year fixed loan now stands at a new record low: 3.07 percent.
- Credit cards bring back no-fee, no-interest offersCredit cards offer zero-percent balance transfer with no transfer fees to new customers. Zero-percent credit cards are a good deal, if consumers make sure they stay out of debt.
- Alert: Major cyber attack aimed at natural gas pipeline companiesA major cyber attack is currently under way aimed squarely at computer networks belonging to US natural gas pipeline companies, according to alerts issued by the US Department of Homeland Security.
- Is US a model for austerity-wary Europe?Despite its sluggishness, the US economy is growing while Europe's is contracting. A rising number of policymakers blame Europe's austerity moves.
- Free Comic Book Day: See 'The Avengers,' then read it for freeFree Comic Book Day, celebrating its 10th year, usually coincides with the release of a big budget superhero movie. This year, Free Comic Book Day falls on the same weekend as the premiere of the much-anticipated 'Avengers' adaptation.
- Oil prices fall to six-month low. Gas to follow.Oil prices fall below $99 a barrel on weak jobs report. At $3.80 a gallon, gasoline prices should follow oil prices down.聽
- Jobs report: The stall has arrivedFriday鈥檚 jobs report for April was even more disappointing than March. This is bad news for millions of Americans.
- With meager jobs growth, 'time running out' for ObamaThe 2012 presidential election may hang on voters' perceptions about the economy, and Friday's report that just 115,000 jobs were created in April won't do much to help Obama. What's the outlook for the months ahead?
- Can the US tax system be fair?Two economists, a tax historian, and a philosopher debated what a 'fair' tax code means at an Urban Institute panel this week.聽
- French candidate Hollande's projected win could change eurozone's courseFrench presidential frontrunner Francois Hollande, of the Socialist Party, could prompt major changes to the German-led austerity model, which much of Europe is already rising up against.
- Unemployment rate hits three-year low. Hooray? No, boo!The unemployment rate for April was 8.1 percent, the lowest rate since President Obama took office. But the unemployment rate is falling for all the wrong reasons.聽
- Total unemployment goes flatIn April,聽 'total unemployment' including all marginally attached workers went flat at 14.5 percent while the traditionally reported unemployment rate declined slightly to 8.1 percent.
- US stocks fall on disappointing jobs reportUS stocks opened lower Friday after the government reported that hiring slowed in April.
- Japan shuts down last nuclear reactor for tests. End of nuclear power?If Japan survives the summer without power blackouts, citizens may pressure the government to make the temporary nuclear shutdown permanent.
- Don't celebrate paying off a credit card with more spendingAll too often, debt is an unbreakable cycle. Splurging after getting debt under control only continues that cycle.
- Facebook IPO: World's most expensive dog and pony showFacebook executives will make the rounds next week to convince fund managers and institutional investors that its initial public offering is worth $28 a share or more. With Facebook's valuing itself at up to $96 billion, it would be the biggest Web IPO ever.
- Jobless claims fallInitial jobless claims declined to 365,000 claims from last week鈥檚 revised 392,000 claims, while continued claims for unemployment benefits聽 declined by 53,000 resulting in an 鈥渋nsured鈥 unemployment rate of 2.6 percent
- GM stock: Earnings down. Outlook cautious.GM stock fell in Thursday trading after the company released a cautious outlook for North America, which so far this year has buoyed sales and GM stock.
- How will today's jobless claims numbers affect the market?After weeks of softening jobs data, a solid decline in unemployment claims is crucial in stopping the burgeoning slow jobs growth trend.
- The dollar is in decline. So how to invest it?The Federal Reserve's role should be to protect the value of the dollar.聽 But the dollar has been in decline for most of the last century.