All The New Economy
- Jobs outlook is tepid, but investors don't have to be glum
Job growth is subdued and could stay that way well into 2013, but that doesn't mean investors can't profit by choosing stocks wisely. J.P. Morgan is introducing a new Nifty Fifty for the world's emerging markets.
- Greece is crumbling. Is there any way out?
Greece's ties to the euro, along with four decades of mismanagement and corruption, means unimaginably difficult reforms for the Greek government and economic difficulty for its citizens.
- Facebook is worth $5 a share
Facebook shares have already lost nearly half their value. But recent selling suggests Facebook shares have much further to fall.
- Greed is (not) good. Here's a better capitalism.
Profit should not be the sole goal of business. Profit should be the byproduct of business excellence.
- Facebook shares down nearly 50 percent. Set for another fall?
Facebook shares are outrageously overpriced, even after a 45 percent decline from its initial price. Starting Thursday, Facebook shares may fall even more as more shares are allowed to be sold.
- Five things Yahoo CEO Mayer must do now
Yahoo CEO Marissa Mayer has the opportunity to focus Yahoo into a kind of 'utility company' for the Internet
- $100 million apartment goes up for sale. A penthouse boom?
$100 million apartment in midtown Manhattan is New York's most expensive residence for sale. The $100 million apartment would give owner a nominal 800 percent profit.
- Papa John's pizza controversy: Another fast-food chain embroiled in culture war
Papa John's CEO stepped into a political minefield when he said Obamacare would raise the cost of a pizza 15 to 20 cents. But is all the criticism justified?
- US jobs report eases global gloom
The better-than-expected US jobs report suggests the US is not following Europe into recession. But some analysts worry that head winds will keep growth anemic.
- The world needs a new currency
The current dollar-based system is broken and can't be repaired, despite the efforts of governments and central bankers. A new currency and monetary order would fix the problem and boost growth.
- Housing is suddenly a bright spot for economy
In the midst of the economy's slowdown, housing is gradually picking up. Home prices and new construction are up. Existing home sales, while down, are expected to rebound.
- Retirement plans: How to spot financial abuse of seniors
Retirement plans can be compromised when senior citizens become the victims of elder financial abuse, which can cost them an estimated $2.9 billion per year. Here's how to prevent elder financial abuse, protecting retirement plans and other investments.
- Credit card debt is down, but don't cheer
Credit card debt has fallen. But for those deep in debt, the picture hasn't changed much. Many still use credit cards for day-to-expenses.
- US jobs report: a cold blast of fear
US adds only 69,000 net jobs, the smallest gain in a year. Employers pull in their horns in the face of fears over the eurozone and worries about the US elections and the expiration of tax cuts.
- Booming short sales poised to overtake foreclosures
Banks, eager to eliminate troubled mortgages through short sales rather than riskier foreclosures, are slashing prices. Average price of a short-sale home: $175,461, the lowest in at least seven years.
- Top 40 richest list: Zuckerberg flames out as super-billionaire. Does it matter?
Top 40 richest list from Bloomberg drops Facebook CEO Zuckerberg as his company's valuation ebbs. But making the Top 40 richest list is probably not Zuckerberg's big concern right now.
- Facebook IPO? Flat. Facebook future? Bright.
Facebook IPO generated no big stock gains on its first day of trading. But Facebook has many of the traits that made Apple, Microsoft, and Google great in the long run.
- Foreclosures down, short sales up. Are banks getting smart?
Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead.
- As Chinese wages rise, US manufacturers head back home
By 2015, Chinese wages will be high enough that it will be just as cheap to manufacture goods for the US market in America. Some US manufacturers aren't waiting.
- Is US a model for austerity-wary Europe?
Despite its sluggishness, the US economy is growing while Europe's is contracting. A rising number of policymakers blame Europe's austerity moves.