All Economy
- The ultimate guide to choosing an internet provider
Simple Dollar blogger Trent Hamm discusses important internet-related terms and useful resources to help readers best choose an internet provider.
- Neiman Marcus sells for $6 billion to consortium
Neiman Marcus deal will mean fresh injection of capital, say Ares Management and Canadian Pension Plan Investment Board, who are paying $6 billion to acquire the chain. Neiman Marcus sells luxury items to a wealthy clientele that it showers with personal attention.
- Commercial paper decreases in August
Data released by the Federal Reserve shows commercial paper continues to decrease each month. Current commercial paper outstanding levels are significantly lower than in the past two recessions.
- Stocks rise on Molex deal, homebuilders outlook
Stocks posted their biggest gains in almost two months Monday, thanks to big mergers and a good homebuilder outlook. Homebuilding stocks were some of the biggest gainers in the Standard & Poor's 500 index.
- Is Wall Street falling back into bad habits?
As the five-year anniversary of the Lehman Brothers' bankruptcy approaches, Robert Reich cautions that Wall Street may already be falling back into bad habits and that big banks may be too big.
- Monte Paschi to pay up or be nationalized, EU says
Monte Paschi, Italy's third largest bank, must come up with an extra $3.3 billion or face a government takeover, officials say.
- Koch Industries to buy Molex for $7.2 billion
Koch Industries announced it is buying Molex Inc. for $7.2 billion -- a 31 percent premium to the company's common stock price. Molex joins Georgia-Pacific and other profitable businesses as a Koch Industries company.
- Food stamp participation continues to rise
Recent data released by the Department of Agriculture indicates rising participation rates in the federal food stamp program.
- Deloitte fine: Firm fined £14 million for MG Rover advice
Deloitte fine of £14 million for failing to manage conflicts of interest in its advice to collapsed British carmaker MG Rover group is a record fine from the FInancial Reporting Council. The FRC was given stronger sanctioning powers leading up to the Deloitte fine.
- The Amazon Kindle Paperwhite may go on sale for the first time ever
The Kindle Paperwhite has never been discounted. That may change soon.
- How does a mutual fund work?
A mutual fund is a big collection of different investments, and it can be a good way to diversify your holdings. But there are some drawbacks.
- When half-right market forecasts are disastrous
In many other endeavors outside of investing, getting a forecast half-right isn't quite the end of the world. In asset allocation, however, half-right can be a killer.
- IBM retirees: 110,000 to be moved off health plan
IBM retirees will receive money instead to buy their own health insurance. The company says the costs of keeping Medicare-eligible IBM retirees on its own health plan would triple by 2020.
- Flats! Wedges! Heels! The week's best deals on women's shoes.
THe week's best shoe deals come in just about every style and every price range, from Tory Burch, Cole Haan, and more.
- Timeline on the Great Recession
From Lehman Brothers collapse to the wrenching swings of the stock market – a look back at the major events that marked the worst financial crisis since the Great Depression.
- Cover Story5 lessons of the Great Recession
Five years after the worst crisis since the 1930s, America has devised safeguards and changed the rules of Wall Street. But could the country really avoid another financial collapse?
- Why quick-charge electric vehicles are perfect for the military
The silence of electric vehicles are perfect for covert operations, and the cost benefits on military bases could be enormous.
- Midway Airport lease deal: Maybe later, mayor says
Midway negotiations end as one bidder drops out and Chicago Mayor Emanuel calls it quits. Also this week in the economy: unemployment falls for the wrong reasons; Beige Book reveals modest to moderate economic growth; and Yahoo! picks a new logo.
- Taking a career break? How to keep your skills sharp.
It's a question that many stay-at-home parents and people that try different career paths eventually ask themselves: How do I maintain my skills and connections throughout my time away so that I’m competitive when I return? Keeping those job skills sharp is possible in many different forms.
- Whole Foods experiments with flash sales, deep discounts
Whole Foods is known for pricey organics, but the high-end grocer is starting to employ techniques of its cheaper counterparts to lure new customers.