All Economy
- Why do European central bankers sound like Austrian economists?After attending a European Central Bank workshop on global liquidity, the author learned that European monetary economists sound surprisingly like Austrian economists.Â
- Want your business to grow? Learn how to step awayOnce a business starts growing, the entrepreneur faces a challenge: do they work in the business or work on the business?
- EU approves Google's $12.5B Motorola Mobility acquisitionEU Competition Commissioner Joaquin Almunia said in a statement Monday that regulators didn't believe the transaction itself raised any competitive problems.
- How to find a retirement saving plan that works for youEveryone has a different idea for how they want to spend their retirement. Given how varied people's goals are, why is it reasonable to think that everyone should have the same retirement saving plan?
- Does Obama blueprint reduce budget deficit fast enough?US budget deficit, which has hit $1 trillion for four straight years, would fall to $900 billion in 2013, under Obama's budget blueprint released Monday. It is slated to keep falling, but even by 2018 would barely satisfy credit-rating firms.
- Corporate boards are missing the big picture – and profitsBoards of directors need to maximize value for stakeholders, not just shareholders. Why? It's good business.
- Signs of a Hong Kong real estate bubble?The price of residential properties in Hong Kong declined 3.8 percent since November, according to a report by the University of Hong Kong.Â
- Despite riots, Greece pushes ahead with austerityThe Greek Parliament voted last night to slash the minimum wage and public sector jobs in exchange for a bailout, despite public fury that led to Molotov cocktails and tear gas.Â
- Consumer confidence slidesEarly reports indicate that consumer expectations will drop in February, indicating that consumers are tightening even further on spending.
- Tech stocks: Hold Apple. Be selective on others.Tech stocks have engendered a lot of skepticism, but certain tech stocks are attractively priced, analysts say, even Apple.Â
- Good gas conservation habits pay offMaking a few little changes to how you drive can save you a surprising amount of fuel without adding much time at all to your trip.
- Health insurance plan: No more changes on birth control ruleHealth insurance program's new rule on contraceptive coverage, after Obama's compromise for religious groups, will have no other changes, says White House chief of staff. But US Catholic bishops say they will still challenge health insurance plan in the courts. Â
- For short trips, use a bikeSpring is around the corner. That means warmer weather, bike rides, and savings from not going by car.
- Rioting, fires break out in Athens amid protests against Greek austerityRioting broke out in Athens, with fires engulfing multiple buildings, as Greek citizens protested against a government plan to slash wages and eliminate government jobs in exchange for an international bailout.
- How to tax millionaires, the right wayWhen it comes to taxing the wealthiest Americans, some methods are better than others in leveling the playing field.
- Valentine's Day gifts: How to save money on rosesThis Valentine's Day, consumers will spend an estimated $1.8 billion on flowers, mostly roses. But high demand combined with an off-peak growing season can make Valentine's Day roses quite pricey. Here's how to save.
- Why US job creation heats up in the winterThe Labor Department routinely adjust jobs upward in winter, to make up for bad weather. So when there isn’t any bad weather in January, the job numbers go up automatically.
- Mortgage settlement won't end probes: NY attorney generalMortgage settlement improved because New York, California initially rejected it, some say. Even after mortgage settlement, New York Attorney General Schneiderman is still investigating related fraud.
- The Buffet rule won't work in practiceAccording to the Buffett Rule the wealthy should pay at least as much tax as middle-income households. That sounds straightforward but it’s not.
- Would you drink toilet water?The "gross out" factor has long prohibited efforts to take dirty water and transform it into drinkable water. That resistance may abate if water prices rise.Â