All Economy
- What not to do with tax money
As states reap in tax collections, governors and legislators face the question of how to manage the short-term windfall. New York Gov. Andrew Cuomo, who is pursuing targeted tax cuts in the hopes of reviving upstate businesses, is implementing the wrong policy, Rueben argues.
- Beef recall: National Beef product could contain E.coli
Beef recall involves 23,000 pounds of raw ground beef that may contain E.coli. The beef recall affects 12 states that received ground beef from Kansas facility owned by National Beef Packing Company.
- Men's Wearhouse fires founder: Is Zimmer's career over?
George Zimmer founded the men's clothier and led it to significant growth over four decades: from one store in Texas to 1,143 locations. Even so, the company's board has abruptly fired him. According to his contract, he will continue to be compensated for appearing in the company's ads and marketing.
- Best time to drive a hybrid? When traffic is bad.
Hybrid cars can cost thousands of dollars more than their traditional counterparts, but in cities racked with congestion, they can easily save nearly that much in gas, a Carnegie Mellon University study found.
- Bernanke lets Wall Street down easy: Stimulus to end, but not yet
Investors had anxiously awaited clarification on the Fed's plans for its stimulus program, so a drop of only 1 percent on Wall Street could be seen as a communications success for Bernanke.
- So much at steak: 8 tips for buying a grill
- Tesla's first Model S recall: Seat defect puts new brand to the test
Tesla recall involves a limited number of Model S vehicles for an issue with the back-seat mounting. This is the first recall for Tesla's new Model S, and its handling of the issue is an opportunity for the nascent company to build its reputation for transparency and customer service.
- Unpaid internships spawn suits. Are they on their way out?
Former unpaid interns are suing at least four employers for back pay. A recent federal ruling involving the movie 'Black Swan' could bolster their case.
- FlightCar: Get free airport parking. Earn money from your car.
FlightCar is taking on the airport parking and rental car industries with a new model, where air travelers rent out their cars. The startup, founded in February by three teenagers, joins the growing car-sharing industry.
- 2014 Buick LaCrosse to cost drivers $34,060
General Motors' 2014 Buick LaCrosse, set to appear in auto showrooms soon, offers drivers 36 mpg on the highway and an eight-inch touch-screen display. The new Buick LaCrosse can also stream Pandora through its cabin.
- Sifting through conflicting advice
When you're trying to make a smart financial decision, what your parents or banker advise may contradict everything your friend, the Internet, or a salesperson might have said. How do you tell what's right when you have multiple sources of advice? Hamm offers five tips.
- Men's Wearhouse ousts founder, ad star George Zimmer
Men's Wearhouse has ousted its founder and executive chairman George Zimmer, who also starred in the company's television commercials with the famous tagline, 'You're going to like the way you look. I guarantee it.' Men's Wearhouse stock plunged on the news of Zimmer's exit.
- Some taxes on foundations punish giving. Here's a solution.
Forcing foundations to pay excise taxes punishes organizations that see spikes in donations — making it difficult for foundations to pay out more money when society's needs are most pressing. Steuerle proposes reforming taxes to allow foundations to optimize their work.
- Single family homes crawl back up
While the number of total housing permits declined 3.1 percent in May, the number of single family housing permits increased 1.3 percent from April. Still, single family housing permits remained well below levels seen before the housing market crash.
- Pet food recall: Sweeping recall affects food for cats, dogs, and ferrets
Natura is recalling all pet food manufactured before last week. The recall includes all Innova, California Natural, EVO, Healthwise, Mother Nature, and Karma branded dry pet food and treats.
- Stocks move higher as Federal Reserve looms large
Stocks closed higher Tuesday as investors waited on word from Federal Reserve Chairman Ben Bernanke. The central bank will discuss the fate of its economic stimulus program on Wednesday. Many say stocks are in a holding pattern until then.
- US home construction rises 6.8 percent in May
US construction is starting to fall in line with the rest of the recovering housing market – housing starts rose 6.8 percent in May, with multifamily homes leading the charge. The numbers are promising, but below analysts' expectations.
- Jeep recall: Chrysler refuses, then caves to feds' call for inspecting 2.7 million Jeeps
Jeep recall of 2.7 million vehicles at risk for catching fire during collisions was finally agreed to by Chrysler. The company intially refused when the NHTSA requested the Jeep recall, even though the issue has been linked to 51 deaths.
- 787 Dreamliner: Boeing gets orders for new stretch model
787 Dreamliner stretch, just announced, nets Boeing new business. Boeing announces orders for 102 of the longer 787 Dreamliners.
- 2014 Audi SQ5 priced from $52,795
The 2014 Audi SQ5 will go on sale later this summer, hoping to hold its own against sporty competitors like the BMW X3 and the Mercedes-Benz GLK Class. The car boasts 354 horsepower and 347 pound-feet of torque output.