All Economy
- What Mitt Romney's 'poor' gaffe really meansWhat Romney seems to have meant is that he believes the least-well-off are amply provided for by the safety net. Too bad he wants to shred it.
- Obama is no 'food stamp president'Mitt Romney and Newt Gingrich agree that President Obama is turning America into 鈥淓uropean-style welfare culture,鈥 pointing to a rise in the number of citizens relying on federal aid. Here's why they have it backwards.
- Romney actually wants to help 'poor people,' and the right isn't happyConservative pundits are ripping Mitt Romney over his stated willingness to fix the safety net for poor people who are 'falling through the cracks.' Why didn't he renounce dependency on government? they ask.
- Jobless claims drop by 12,000聽鈥淚nitial鈥 unemployment declined 12,000 to 367,000 claims from last week鈥檚 revised 379,000 claims, while聽 鈥渃ontinued鈥 claims declined by 130,000.
- Don't read the manual? It'll cost you.The owners' manual is full of tiny useful facts that, taken together, will save you time and money.
- Is Ron Paul's gold standard idea dangerous?Ron Paul wants to end the Fed and go back to the gold standard. Many call that a dangerous idea, but the US was quite prosperous on the gold standard.
- Facebook IPO: Could it backfire if users revolt?The Facebook IPO will make some people very rich, but social-media experts suggest that it could force Facebook to put profits over user experience 鈥 and that could cause problems.
- Private employers add 170,000 jobsThe situation for private employment in the U.S. improved in January as private employers added 170,000 jobs in the month bringing the total employment level 1.77 percent above the level seen in January 2011.
- Mitt Romney's 'poor' choice of words: Who's really struggling in America?Mitt Romney was in damage-control mode Wednesday after the multimillionaire candidate said he's 'not concerned about the very poor.' He said he's concerned about those who are 'struggling.'
- Obama plan to lower mortgage payments could help, but how much?President Obama unveiled his plan to cut mortgage payments for聽'responsible homeowners' in trouble. But the housing crisis is so massive that no one program can solve it, experts say.
- How home prices are faring in six 2012 swing states Home prices are recovering in some regions, fluctuating in others, and stuck in the basement in still others. How they are faring may yet be an important factor in the 2012 presidential election. Here's how home prices in metro areas in six swing states compare with those at the housing market's peak in 2006.
- What is a 'value-added tax' and what can it mean for the economy?A well-designed Value-Added Tax, a national consumption levy that聽would tax household purchases of all goods and services, could simplify the tax code for most households and finance significant reductions in corporate and individual income tax rates without adding to the budget deficit.
- Strong manufacturing data boosts stocksStocks climbed Wednesday after strong manufacturing data and encouraging reports about the Greek debt crisis. The Dow rose 83 points to close at 12716.
- American Airlines plans to cut 13,000 jobsAmerican Airlines, the nation's third-largest airline, would eliminate about 15 percent of its workforce. The move comes as part of American Airlines' bankruptcy protection plan.
- Creating more debt won't solve the economic crisisWorld banks are trying to solve the financial crisis the same way they caused it 鈥 by creating more debt.
- What is Germany's real unemployment rate?Germany's 5.5 percent unemployment rate is reported the same way as other countries, but many news outlets insist on a reporting higher number for Germany, and only Germany
- Tornado tourism: Should Joplin, Mo., mourn 鈥 or cash in?Tornado tourism debate is dividing Joplin, Mo., scene of a devastating twister in 2011. Tornado tourism could promote the city's recovery, visitors bureau says.聽
- Are you smarter than an NFL star? A lottery winner?High-profile jackpot winners fritter away winnings. An estimated 8 in 10 NFL players are bankrupt, jobless, or divorced two years into retirement. Could you manage a windfall better than they do? Here are six steps.
- The problem with the 'trickle down' theoryThe trickle-down, de-regulatory agenda presumes that the growth chain starts at the top of the wealth scale and 鈥渢rickles down鈥 to those at the middle and the bottom of that scale.聽 Problem is, that鈥檚 not how it works
- AMZN stock plummets. Earnings disappoint.AMZN (Amazon stock) opens 10 percent lower after its quarterly earnings report falls short of Wall Street expectations. AMZN net income in fourth quarter was down 57 percent from a year earlier.