All Economy
- Harvard and MIT to offer online courses. A step in lowering college costs?On Wednesday, Harvard and MIT announced they're forming a new organization called edX to deliver online courses to learners around the world. Each school is investing $30 million.
- Stocks mixed after lackluster jobs reportThe Dow fell 10 points to close at 13268 after ADP reported that the US added far fewer jobs in April than in March.
- ADP: Private sector adds 119,000 jobsPrivate employers added 119,000 jobs last month,聽 bringing the total employment level 1.70 percent above the level seen in April 2011.
- Would you pay $849,000 to park your car in a garage?In London, you can. A London real estate agency is offering city-dwellers a two-car garage for 拢525,000.
- Credit card debt: What can you do about it?Calling your credit card company to negotiate a lower interest rate may be a good step towards getting out of credit card debt, Hamm argues.聽
- Mortgage rates stay under four percentThe average rate for a 30 year fixed rate mortgage聽 went unchanged at 3.92 percent since last week, while the purchase application volume increased 2.9 percent and the refinance application declined 0.7 percent over the same period.
- Comcast stock: Earnings up. Price falls from peak.Comcast stock falls after hitting 12-year high Tuesday. Quarterly earnings for Comcast stock rose 30 percent, exceeding expectations.
- Dodge Dart: high-mileage Aero coming in a few monthsDodge Dart Aero will start at $16,000 and get at least 41 miles per gallon on the highway. But fuel ratings for Dodge Darts with automatic transmissions have not been revealed.聽
- Ethikus offers a Groupon-like service to find ethical, sustainable businessesNew York City startup Ethikus provides vouchers for small businesses whose practices embody principles of sustainability.
- Five challenges for the IRS's new capital gains reporting rulesThe new rules for reporting capital gains is a laudable aim, but the IRS faces a number of challenges to make this initiative work.
- My Nissan Leaf life: Why I bought a Nissan LeafNissan Leaf will save $1,000 a year in fuel bills. But the real reason I bought one? 9/11.
- Electric-car sales fall in AprilNissan Leaf sees biggest fall, with only 370 cars sold. Prius plug-in hybrids see biggest sales, with more than 1,600 sold in April.聽
- Buried in debt? How a credit union can help.A credit union is a very useful tool for someone who is trying to get their debt load under control. Don鈥檛 neglect to use it.
- Mercedes-Benz poised to become No. 2 luxury automaker?Mercedes-Benz has plans to launch new small cars over the next few years in its battle to overtake Audi for second place behind BMW. A new German report suggests Mercedes-Benz can accomplish it by 2015.
- Should US ban cellphone use by drivers?Transportation Secretary LaHood is calling for a federal ban on cellphone use in cars. But states, not the federal government, have traditionally set the rules.
- Dow Jones hits highest mark since 2007The fastest growth in US manufacturing in 10 months gave stocks a lift Tuesday and pushed the Dow Jones industrial average to its highest close in more than four years.
- The battle of the Pauls: Ron Paul talks economic theoryRon Paul and economist Paul Krugman debated fiscal theory on Bloomberg TV. Who won?
- Forgiving mortgage loans would save taxpayers money, say Fannie Mae papersMortgage loans聽giant Fannie Mae supported principal reductions for some struggling homeowners in 2009
- Oil prices drive Delta Air Lines to buy its own refinery. Will that work?Delta Air Lines wants to better control the cost of refining oil for jet fuel. The cost savings won't be enormous, but in such a competitive industry, every little bit helps.
- US manufacturing on the riseManufacturing activity improved in April. At 54.8 the purchasing manager鈥檚 composite index (PMI) rose 2.62 percent聽 since March, remaining 8.21 percent below the level seen a year earlier.