All Economy
Driving is so 10 years ago, studies findDriving in the US peaked back in 2004, according to two recent studies. And due to factors like increased used of mass transit and less interest in car ownership, driving rates may never recover to the levels of their early-aughts heyday.
Activision Blizzard CEO hears 'Call of Duty,' buys back controlActivision Blizzard CEO used $50 million of his own money in an $8.2 billion deal to take control of the world's biggest video game company from Vivendi, a French company. Activision Blizzard shares surged 15 percent.
Amazon book prices may be on the riseAmazon is known for a vast selection at low prices, but razor thin profit margins may mean it's time for Amazon prices to rise.
Boeing 777 hit with $2.7 million fine. Why?Boeing 777: The FAA says Boeing was installing low-quality fasteners on the 777 aircraft. Now, two airlines say they have found faulty wiring on their Boeing 787 emergency transmitters.
Seven rules for tech investing The overall stock market may have recovered from the Great Recession, but the tech sector has never fully recovered from the dot-com bust in the early 2000s. Here are seven rules for investing in high-tech companies while avoiding wild speculation:
Stocks eke out small gains on mixed earningsStocks slumped in early trading Friday, climbed steadily the rest of the day, then ended little changed. A deluge of potentially market-moving events next week could make it an interesting week for stocks.
Chevy Impala 2014: Can it overcome its ho-hum past?Chevy Impala 2014 leaps past its history with fine handling and even better styling, Feder writes. Once the darling of rental fleets everywhere, the Chevy Impala 2014 is poised to take on the competition.
Personal finance lessons from the Detroit bankruptcyFor those of us who have reached a financial low point in our lives, Hamm writes, the Detroit bankruptcy sounds pretty familiar.
Zynga stock drops after gambling plans fizzleZynga stock falls 17 percent in morning trading. Zynga says it's dropping plans for a US gambling license that would let it offer casino-type online games with real money.
Private equity investor? Higher taxes may be looming.Private equity funds are engaged in a trade or business under the Employee Retirement Income Security Act (ERISA), a court ruled this week. Now may be a good time for private equity funds, their managers, investors, and advisers to reexamine their tax position.
Can entrepreneurs make good managers?There is a widely held notion that the qualities of good entrepreneurs don't translate to management, but that's not always the case.
Facebook is profitable, despite what you hearFacebook has been growing since its IPO last year, and advertising revenue for the company increased 61 percent from last year. Facebook is making a lot of money now and starting to deliver on the promise of its IPO.
Stocks gain slightly on energy earningsStocks ended slightly higher on Wall Street Thursday as gains in energy and chemical companies pushed the market higher. Even with plenty of earnings news from big companies, stocks have shuffled between minor gains and minor losses.
US mortgage rates tick downward again: Good news for home prices?US mortgage rates, still historically low, are sustaining progress in the housing market and giving the US economy a needed boost. But when rates rise – or Fed policy shifts – home prices can take a hit.
Chevy Impala 2014 nabs top rating from Consumer ReportsChevy Impala 2014 rates 95 out of 100. Saying it's competitive with cars that cost $20,000 more, Consumer Reports names Chevy Impala best 2014 sedan on the market.
Salsa recall: Glass found inside jarsSalsa recall involves lots with best-by dates of June, July, and October 2015. Olam Tomato Processors says there have been no reports of injuries from the recalled salsa.
Dallas Cowboys Stadium? Now it's AT&T Stadium.Dallas Cowboys sign multiyear deal with AT&T to rename Cowboys Stadium. A share of the proceeds from the AT&T-Cowboys deal will repay Arlington, Texas, for helping build the $1.2 billion stadium.
Republicans stay on message. Democrats don't.Republicans will almost always be more disciplined about voting and messaging than the Democrats, Reich writes. That gives the GOP an advantage in times like this, when the two parties are at war with each other, and when so many Americans are looking for simple answers.
Home prices up in MayHome prices increased 0.68 percent nationally from April, and 7.24 percent above the level seen in May 2012.
SAC: Feds charge hedge fund giant with fraudSAC Capital Advisors was charged in federal court in Manhattan in an indictment with wire fraud and four counts of securities fraud. A related civil lawsuit filed against SAC on Thursday said insider trading at the company was rampant.
