All Economy
- Davos meeting: Gloomy about economy, worried about capitalismThe annual World Economic Forum in Davos, Switzerland, will discuss not only the Europe's debt woes but also the future of capitalism. Even some billionaires in Davos are worried about income inequality.
- Unemployment claims increase this weekSeasonally adjusted 鈥渋nitial鈥 unemployment increased 21,000 to 377,000 claims from last week, while seasonally adjusted 鈥渃ontinued鈥 claims increased by 88,000.
- With Indiana 'right to work' vote, a GOP thumb in the eye to unionsThe Indiana House approved a 'right to work' bill late Tuesday, taking the state a giant step closer to ruling out mandatory dues for workers at union workplaces. Indiana would be the first 'right to work' state in the upper Midwest.
- Can better urban planning make us healthier?Does urban sprawl cause obesity and unhealthy habits?
- America owes $10 trillion! No, $50 trillion! Let me explain.Estimates of America's debt vary by tens of trillions of dollars, depending on how you count. The bottom line: It's deep but not yet fatal.聽
- Right to work gets first foothold in Rust BeltRight to work legislation finally passes House in Indiana. Governor is expected to sign law, which bans labor contracts that force workers to pay union fees.聽
- JCPenney: lower everyday prices, fewer salesJCPenney ran 529 promotions last year. So JCPenney will simplify sales events and permanently slash prices.聽
- Skip the stove, use the microwaveFor the specific tasks at which microwaves excel, they鈥檙e much more efficient than stove tops and ovens.
- NFLX stock jumps, as Netflix audience returnsNetflix regained 600,000 subscribers聽after 800,000 left last summer following a rate increase. As the customer count climbs, so has the NFLX stock.
- New window on Fed thinking: Interest rates to stay low until 2014Delivering on a recent promise to convey its policy intentions more transparently to investors and the public, the Fed said it expected to keep short-term interest rates low into 2014.
- Stocks bounce on low interest rate promisesThe Dow rose 83 points to close at 12758, its highest close since May 2011, after the Federal Reserve pledged to keep interest rates near zero for almost three more years.
- Obama's SOTU was specific, forcefulObama's SOTU speech called for lawmakers to聽 鈥渂uild on the momentum we鈥檝e got right now" by creating incentives for manufacturers, skills for workers, jobs in fossil fuel extraction and clean energy innovation, all financed by a fairer tax code.
- Existing home sales slowed in DecemberPending home sales dropped 3.5 percent since November, but increased 5.5 percent above December 2010 levels.聽
- The days of the 15 percent tax rate are numberedThe top tax rate on long-term capital gains is currently 15 percent. That鈥檚 why Mitt Romney is talking so much about his tax returns.聽Often overlooked is the fact that the days of the 15 percent tax rate are numbered.
- Don't be fooled by good economic newsUnemployment is going down. Consumer debt is going up. Even the housing market is showing signs of improvement. But the US economy is far from recovery mode.
- Apple becomes world's largest company once again. Sorry, Exxon.Apple's market value at a session peak on Wednesday was $7.2 billion higher than Exxon's. But can Apple hold onto its new-found glory for long?
- State of the Union: Is Obama's vision 'common sense' or class warfare?In his State of the Union speech, President Obama argued that America needs a strong government, and that requires more taxes on the rich. Polls show voters could be receptive.
- State of the Union: Why Obama energy blueprint has Republicans fumingObama's State of the Union endorsement of an 'all of the above' strategy for energy production rankled Republicans, who see it as disingenuous given his Keystone XL pipeline rejection and fracking probes.
- Obama鈥檚 tax deform agendaIn his State of the Union address, President Obama offered聽a聽laundry list聽of new tax subsidies but said almost nothing about a top-to-bottom rewrite of the Tax Code.
- Obama鈥檚 tax deform agendaIn his State of the Union address, President Obama offered聽a聽laundry list聽of new tax subsidies but said almost nothing about a top-to-bottom rewrite of the Tax Code.聽