All Economy
- Tax the rich ... more? Why Jerry Brown changed his plan to save California.California Gov. Jerry Brown wants voters to back his ballot initiative to raise taxes. But this week he changed it to fend off a teacher's union that could have ruined his plans.Â
- Stocks end big week with a whimperDow and Nasdaq stock indexes edge down Friday after gaining more than 2 percent for the week. S&P sees small rise, despite an unexpected decline in consumer sentiment.
- Corned beef and cabbage? No! Try St. Pat's doughnuts, shakes, 'n fries.Irish restaurants may want to serve corned beef and cabbage. But America's fast-food chains are offering far more intriguing fare for St. Patrick’s Day: from Dunkin' Donuts' 'Lucky Mint' dessert to Burger King's free fries with green ketchup.Â
- JOBS Act: Why are Democrats suddenly raising red flags?No one wants to vote against jobs, but a wide swath of critics – ranging from the SEC, the AFL-CIO, and pension funds – worry that features in the proposed JOBS Act could hurt investors.
- In positive week for eurozone, warnings rise that crisis isn't overThe Greek bailout and cheap loans may have pulled Europe back from the edge, but economists warn that without real change, the eurozone will continue to teeter.Â
- Gold prices high. But gold stocks a bargain.Gold prices are still hovering near record territory, but gold mining stocks are at one-year lows. Expecting gold prices to rise, some analysts see gold stocks as a buy.Â
- 'Pink slime' in burgers? A taste test.'Pink slime,' a mix of leftover beef parts added to ground beef, is creating a stir among food activists. So how does a pink slime burger taste?Â
- Foreclosures rise in 26 statesForeclosures are increasing, ironically, because banks are addressing foreclosures that had been in limbo. Â
- S&P closes above 1400, a four-year highStock indexes rise to four-year highs as more good economic news rolls in. Dow rises for seventh day in a row.
- Apple stock touches (briefly) $600 a shareApple stock, strong at open, fades to close below $586. But anticipation surrounding the new iPad is boosting interest in Apple stock.
- Get the most out of your crayonsPut those unused crayon nubs at the bottom of the box to good use – by making them into new crayons.
- Three in 10 young adults live with parents, highest level since 1950sA weak economy and high debt levels are prompting more young adults to return to the family nest, a new survey shows. Perhaps surprisingly, most are happy with their living arrangements.
- Electric cars: Hawaii expands rebate fundElectric cars so popular that state adds $350,000 to its rebate fund and extends deadline. Hawaii offers up to $4,500 to buyers of electric cars and plug-in hybrid vehicles.
- Make your own Play-DohPlay-Doh is a great toy, but it wears out quickly. Here's how to save trip to the store and make your own.
- Prepaid debit card: new disclosure on feesPrepaid debit card from three major issuers will now come with specific disclosures on fees. The disclosure 'box' being tested aims to help users understand costs of using a prepaid debit card. Â
- Slowing US productivity growth is reducing profitsThat productivity has stopped growing means that unless the trend is reversed or real wages continues to fall, profits can no longer grow.
- Stocks mostly lower; Dow up 16The Dow rose 16 points to close at 13194 in the day after the stock market's biggest gain of the year.
- Goldman Sachs culture 'toxic'? Letter confirms suspicions about Wall Street.Polls show that Americans hold a very low opinion of Wall Street, and a damning public letter of resignation from a Goldman Sachs executive could only amplify that perception.Â
- Student loans: Rates to double. What's the cost?Student loans backed by the federal government are set to become more expensive this summer, when their interest rate doubles from 3.4 percent to 6.8 percent. The rate hike would affect Stafford student loans, and thousands of students are protesting.
- Not all taxes on the rich are created equalSome political leaders and commentators are showing a growing interest in raising taxes on the rich. But the ideas on the table would have very different results.