All Economy
- NPR buyouts offered to close $6.1 million deficit
NPR buyouts – while voluntary – aim to trim the staff by 10 percent. In addition to NPR buyouts, the public radio organization announced a new acting CEO while it searches for a permanent replacement.
- Piggly Wiggly stores sold: 29 go to Bi-Lo, Harris Teeter
Piggly Wiggly stores sold by big franchisee in South Carolina and Georgia. Eleven of the Piggly Wiggly stores sold are in Charleston, S.C., the franchisee's headquarters.
- Social Security overpayments reach $1.3 billion
Social Security overpayments were disability payments to people supposedly unable to work but had jobs anyway, according to congressional report. Officials say they will recoup any Social Security overpayments.
- Would you pay $40,000 for an electric airplane? Now you can.
GreenWing International has announced the release of its first 50 eSpyder electric aircraft. On a fully charged battery, the single-seat plane can fly for 60 to 90 minutes at speeds up to 68 mph.
- 'Living wage' bill gets vetoed in Washington, D.C.
Washington Mayor Gray vetoes legislation that would have forced large retailers to pay workers at least $12.50 an hour, a huge boost to the city's $8.25 minimum wage. Several companies lobbied against the targeted minimum wage bill, including Wal-Mart, which threatened to scrap plans for six stores in the area.
- Stocks rise. Dow Jones has best week since January.
Stocks closed up to end the week Friday with the Dow Jones industrial average notching its best week since January. Two economic reports boosted stocks to close the week.
- Incorporate saving money into your daily routine in order to see results
To save money in the long-term, choose reasonable tactics that you can maintain. Trent Hamm explains that the most successful money management tactics are those that are repeatable.
- Eight in ten U.S. households pay Social Security and Medicare taxes
New estimates released by the Tax Policy Center show the number of Social Security and Medicare taxpayers is growing. Even among those households that will not pay federal income tax this year, the majority will still owe Social Security and Medicare payroll taxes.
- Chrysler buyout? Fiat no closer on deal to Chrysler stake.
Chrysler buyout? Fiat's CEO told reporters that talks were continuing with a United Auto Workers health care trust, which owns 41.5 percent of Chrysler.
- Twitter IPO announced. What will it be worth?
Twitter announced last night in a tweet (how else?) that it has confidentially filed IPO plans with the SEC. Twitter has been valued at around $10 billion, and the IPO will be Silicon Valley's most anticipated since Facebook.
- The conscious choice to like or dislike something
If liking and disliking things is a conscious choice, learning to like things that save you money can make finance management enjoyable, Trent Hamm explains.
- Chipotle ad campaign takes on 'Big Food,' targets Millennials
Chipotle's latest ad campaign, a rich, animated short film coupled with an online video game, rails against industrial farming and 'Big Food.' The new Chipotle campaign takes a page directly from the 'marketing to Millennials' handbook.
- iPhone 5: New iPhones are here, so where are the discounts?
Apple announced two new iPhones earlier this week and got rid of the iPhone 5 completely. Normally that would mean great iPhone 5 discounts from retailers, but that hasn't been the case.
- DOE gets first formal bid to buy electric car company Fisker Automotive
Fritz Nol, a group of German investors, has submitted its formal offer for electric car company Fisker Automotive to the Department of Energy. The government agency, which is still owed by Fisker Automotive most of a $192 million loan, has a say in the ultimate disposition of the electric car company.
- Stocks break 7-day rally
Stocks closed slightly lower on Wall Street Thursday, breaking its longest rally since July. Developments in Syria continue to impact stocks.
- Who was Orville Redenbacher? Betty Crocker? Take the 'famous food names' quiz!
Was Chef Boyardee a real chef? Who is the namesake of the Wendy's hamburger chain? And why did Paul Newman start making salad dressing? Test your knowledge of some of America's most famous food names with this 25-question quiz.
- Jobless claims drop to 2007 lows, but figures likely to be revised
Jobless claims dropped to below 300,000 for the first time since mid-2007, according to the latest data. But the drop appears to be because of under-reporting and the jobless claims number will likely be revised upward.
- Dehumidifier recall: Units linked to 46 fires, $2 million in damage
Dehumidifier recall involves more than 2 million units made by Gree Electric Appliances under the brand names Frigidaire, Kenmore, and others. No injuries have been reported in the incidents that triggered the dehumidifier recall.
- Volkswagen: The biggest electric car company by 2018?
Volkswagen is aiming to be the world's biggest maker of electric cars by 2018, according to Detroit News. It won't be easy, Read writes, as Volkswagen lags behind many other major automakers when it comes to electric cars.
- Lincoln rebranding campaign launched. Will it work?
Ford and Vanity Fair are working to revitalize the automaker's Lincoln brand with a new commercial campaign. Buick has had success reinventing itself, so maybe Lincoln has a shot.