All Economy
Stocks regain ground after biggest drop of the yearStocks finished the week with an advance Friday after a two-day plunge, suggesting that perhaps Wall Street will be successfully weaned from the Federal Reserve's easy money after all. That money has helped push stocks upward over the past four years.
Tesla 90-second battery swap to cost $60 to $80Tesla will allow drivers to fully charge their car battery in just 90 seconds for $60 to $80. The first battery swaps, slated to be in service later this year, will be available between Los Angeles and San Francisco.
Buy in bulk, minus the clutterBuying in bulk can save you tons of money, but 36-packs of toilet paper and bulk packs of trash bags can quickly clutter up your home. How do you save money and space? Hamm walks readers through organizing their purchases.
Fed unlikely to end supportTraders sold off bonds and stocks after the Fed expressed optimism about the future of the US economy, but Karlsson says he doubts the Fed will decrease its bond purchases anytime soon.
Mortgage rates edge down after seven-week riseMortgage rates for a 30-year loan remain below 4 percent for now. But mortgage rates are expected to rise in response to Fed's intention to reduce bond purchases later this year.
More Americans claim extended unemployment benefitsThe number of people claiming initial unemployment status increased from 336,000 to 354,000 claims from last week, while the number of people claiming continued unemployment status declined by 40,000 claims to 2.951 million. Overall, more Americans are claiming extended unemployment benefits.
Summer car sales may be back in vogueEconomic recovery is pressuring automakers to boost car sales and grab market share. They're likely to offer cash discounts, low-interest financing, and other auto deals this summer.
Dunkin' Donuts' revamps: More drinks, fewer doughnutsDunkin' Donuts is shifting their branding and image away from doughnuts to beverages and breakfast sandwiches. The ad featuring an early-morning doughnut baker is retired, replaced by 'America runs on Dunkin'.'
Mazda to reveal new car via Microsoft Xbox LiveMazda, which is set to unroll a new car model next week, will stream the reveal — likely the 2014 Mazda3 — over the Microsoft Xbox Live network.
House defeats farm bill because of food stamp cutsIn rejecting a $500 farm bill that included cuts to food stamps, Congress temporarily sidesteps a paradox: Why are food-stamp rolls growing while the economy is recovering?
Paula Deen admits using ‘N-word.’ Could it ruin her career?Paula Deen, famous for not apologizing, may have to issue a huge apology to undo the damage from her court deposition involving the 'N-word.' PR flubs involving race can be treacherous, according to one expert.
2014 Honda Accord Hybrid hits stores this fallThe 2014 Honda Accord Hybrid, rated at 47 mpg, will go on sale in October. The new Honda Accord Hybrid boasts among the best EPA fuel efficiency ratings in its class, as well as informational graphics showing how its fuel economy changes from moment to moment.
Stocks in tailspin as China adds to Federal Reserve worriesStocks plunged Thursday continuing the flight from stocks and bonds as traders reacted to news that the Federal Reserve could end its massive bond-buying program. A slowdown in Chinese manufacturing added to Wall Street's worries.
The best discounts for college studentsThe 20-something years are rarely the best financial times of one's life, but college students can try to save money by being savvy shoppers. From Apple products to clothing to lunches, here's how a college student can find the best discounts.
Stock markets shudder at prospect of 'easy money era' endingA Federal Reserve program that buys bonds to spur economic growth could begin tapering off soon. The stock markets' reaction shows how important 'quantitative easing' became.
Home mortgage rates rise slightlyThe average rate for a 30-year fixed rate mortgage rose to 4.01 percent, while the number of applications for purchases declined 3 percent. Overall, rates have risen steadily for the past few weeks.
Dunkin' Donuts jumps on gluten-free trendDunkin' Donuts will begin selling gluten-free doughnuts and muffins across the US this year. By selling gluten-free products, Dunkin' Donuts is joining the fast-growing gluten-free food industry, which drew in $19.7 billion in revenue in the last year, according to Nielsen.
Dolce and Gabbana convicted of tax evasionThe famous designers were sentenced to a suspended 20-month sentence and a substantial fine.
Looking at frugality as an investmentMany people think that investing money will bring more income back to their household than being frugal. Hamm says that, with most Americans living paycheck to paycheck, it's worth considering the opposite: a focus on frugality could bring greater returns to your family.
Paula Deen lawsuit: How often does she use the 'N' word?Paula Deen lawsuit: A former Paula Deen employee has filed a lawsuit saying she worked in a hostile environment rife with innuendo and racial slurs. Asked if she ever used the 'N' word, Paula Deen said "Of course."
