All Economy
- Can economy help Obama reelection? One statistic gives him hope.Since 1948 only one incumbent president has won reelection with joblessness over 7 percent. There is another unemployment statistic, however, that could play in President Obama's favor.
- Can one professor teach 500,000 students at once?Former Stanford professor Sebastian Thrun has already taught a class of 160,000. Now he's aiming to teach 500,000 students. 聽
- GDP grew 2.8 percent last quarter, but momentum still weakThe fourth quarter 2.8 percent GDP increase represents a pickup from the 1.8 percent pace seen in the prior quarter, but it was lower than economists expected. And unemployment remains high.
- Is there life after debt?To get out of debt, there鈥檚 a clearly-defined path to follow. Afterward, it gets a bit more complicated.聽
- What GOP returns teach us about taxing the richThe Romney and Gingrich returns tell us a lot about the way those with incomes of $1 million or more are taxed, and how they structure their lives to minimize taxes. But mostly, they tell us that all those who make $1 million-a-year are not alike. Most of them are surprisingly like the rest of us, only more so.聽
- The British economy is in worse shape than we thoughtInflation in Britain has聽 been a lot higher than in almost all other advanced economies, and the country's austerity measures have聽 been of little help.
- Tech stocks: Growth ahead for handheld game consolesTech stocks subsector face growing competition from mobile phones and tablets. But one tech stocks analysts sees up to 20 percent revenue growth in 2012 for makers of handheld game consoles.聽
- No Democrat should want a Gingrich nominationThe future of America is too important to accept even a small risk of a Gingrich presidency.
- AT&T posts huge loss on charges, iPhone subsidyAT&T lost $6.7 billion in the fourth quarter, its first lost in three years. AT&T remains heavily dependent on iPhone for subscribers.
- 30-year mortgage rate rises for first time in 201230-year mortgage rate climbes to an average 3.98 percent. Last week, the average 30-year mortgage rate stood at a record low 3.88 percent.
- Netflix CEO forecasts steady decline in DVD subscribersNetflix will focus its energy on streaming video and unique content, Netflix CEO Reed Hastings said this week.聽
- Cover StoryWind power: Clean energy, dirty business?In the developing world, where land-intensive wind turbines are being rapidly constructed, wind power has often turned clean energy into dirty business.
- China's economy may surpass US before 2020China's economy is now nearly half as big as the U.S. economy. Its economic growth figures suggest that China could become bigger sooner than previously thought.
- 15 percent or not, tax policy favors the richMitt Romney hasn't done anything wrong in paying a low tax rate. What鈥檚 wrong is the tax system itself鈥攂y favoring investment income, the excessive use of pass-throughs, and subsidizing debt financing.
- Deep-water oil drilling: why Obama is OK with angering left and rightNeither the oil industry nor environmentalists are pleased with President Obama's new deep-water oil drilling plan. But in an election year, that might be a safe position politically.
- Stocks lowered by mixed economic data聽A brief morning rally pushed the Dow Jones industrial average above its highest closing price since the financial crisis, the Dow closed down 22 points at 12734.聽
- Obama car for sale: Only 20,800 miles. $1 million.Obama car goes up for sale on eBay by anonymous owner. While senator, Obama leased a gray Chrysler 300C. The book value is $16,500. The minimum bid: $1 million.
- Is lower consumer demand actually a problem?鈥楧emand fear鈥 is the worry that there aren鈥檛 enough people who want things and have the money to pay for them. But why not be satisfied with the demand as it is?
- Taco Bell breakfast debuts; some stores open 24 hoursTaco Bell breakfast is here. The Mexican-style fast-food chain that caters to the late-night snacking crowd with聽tacos聽and gorditas, introduced a Taco Bell breakfast menu Thursday at almost 800 restaurants in 14 states.
- Was Lincoln's quote about government hypocritical?Toward the end of his State of the Union speech, President Obama quoted Abraham Lincoln: "government should do for people only what they cannot do better by themselves, and no more.鈥 But Lincoln was among history's most aggressive expanders of the reach of the federal government.