All Economy
Wal-Mart rebuked: D.C. city council approves living wage billWal-Mart warned that it would scrap plans for three D.C. stores if the city council approved a bill requiring major retailers to pay employees a 'living wage' of at least $12.50 an hour. Wednesday, the D.C. Council rebuked Wal-Mart and did it anyway.
Land Rover Range Rover Sport: zippy, powerful, and slimThe sport version of the 2014 Land Rover Range Rover has a powerful engine and is 800 pounds lighter than its predecessor. It's a standout option for those looking for sporty SUVs, Padgett says.
Bernanke speaks, markets jump (both up and down). Are Fed's signals working?On Thursday, the latest words from Fed Chairman Ben Bernanke pushed stocks up. Last month, he had the opposite effect. The aim is transparency, but some critics prefer the bygone days of the inscrutable Fed.
- US lifts ban on hedge fund advertising
Hedge funds will be allowed to advertise to the general US public for the first time after the SEC voted Wednesday to lift a decades old ban that prevented the marketing of hedge funds to a wide audience.
Going on vacation? Book on Airbnb, save money.69 percent of consumers say they are planning on taking a summer vacation this year. If you're hoping to travel without breaking the bank, you could save up to $65 a night in NYC by booking your lodging through Airbnb.
Mortgage rates climb to two-year highMortgage rates for a 30-year fixed rate mortgage climbed to 4.51 percent this week, hitting a two-year high. Mortgage rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.
Mortgage rates 'explode,' moving to 2-year high30 year fixed-rate mortgages rose 10 basis points from last week, jumping to 4.52 percent.
Ben Bernanke calms markets, eases fears of early Fed taperFederal Reserve Board Chairman Ben Bernanke spoke at an economic conference near Boston Wednesday, saying the Fed will continue to pour stimulus into the US economy — at least until unemployment and inflation improve.
Free Slurpee Day: 7-Eleven goes big(ger) this 7/11Free Slurpee Day is here at 7-Eleven, which means a free small Slurpee treat for every customer, while the cups last. No purchase is required, but strangely, actual sales of Slurpees tend to skyrocket on Free Slurpee Day.
Not all curbs on tax preferences are created equal.There isn't much talk on Capitol Hill debating the merits of specific individual tax preferences. The different plans being circulated, however, would each have radically different outcomes, Gleckman says. Here's how they break down.
You're buying an item, not a price tag.No matter how lucrative a deal might seem, if an item isn't be useful for you, it's not worth buying, Hamm says.
Volvo debuts new safety features for carsVolvo says it aims to completely eliminate all deaths and serious injuries among Volvo drivers and passengers by 2020.
Stocks little changed on Federal Reserve minutesStocks barely reacted to the release of Federal Reserve minutes Wednesday. Major stocks were down just a fraction of a percent more than an hour after the Federal Reserve released a report on its latest policy meeting in June.
- Big bounce in interest rates: why no one should hit the panic button
The cost of a loan has gone up significantly since early May, affecting both the housing market and investors. But interest rates are still low, and experts say their rise shouldn't cause panic.
Are low interest rates masking the deficit?Artificially low interest rates have allowed the government to finance more than $1 trillion worth of deficits every year from 2009 to 2012. When interest rates do pick up, there may be a very big bill on the table to pay.
Free music that's legal: Where to find it.Rather than shell out money on iTunes or illegally download your favorite artists' albums, keep an eye out for free music offered by music magazines and blogs, digital content vendors, and retailers.
Wal-Mart won't build D.C. stores if living wage bill passesWal-Mart says it won't build three stores it had planned for the D.C. area if lawmakers approve a bill that would force the retailer to pay its employees at least $12.50 an hour. Wal-Mart had been planning to build six stores in Washington.
Why earnings will be 'better than expected'Most earnings reports will say results were 'better than expected,' but Karlsson is skeptical that's the truth of the matter.
Student loan rates battle: How the Senate's plans could affect youStudent loans are center stage today as the Senate votes on a Democratic plan to return interest rates on federal Stafford loans to a fixed rate of 3.4 percent for another year. Meanwhile, some senators are backing a bipartisan proposal to tie interest rates on student loans to the Treasury. How would the two plans affect students?
Kroger buys Harris Teeter for $2.5 billionKroger buys Harris Teeter, combining two of the larger food retailers in the United States. Kroger buying Harris Teeter means the Ohio-based super market chain can gain a foothold in the southeastern US.
