All Economy
Stocks rise on hiring jumpStocks jumped Friday on news of steady growth in hiring last month. Expectation of continued economic stimulus from the Federal Reserve also pushed stocks upward.
Unemployment figures for May show 'mixed' resultsThe May employment report showed that the median term of unemployment declined, dipping to 17.3 weeks. Still, the economic situation remains bleak, even compared to the early 1980s — a time considered by economists to be the worst period of unemployment since the Great Depression.
US jobs numbers: modest gains, a pickup in temp workHalf of the growth of professional and business services jobs came from temporary workers, according to the Labor Department. On balance, the pickup in temp work bodes well for future hiring.
What to expect from Formula One's Canadian Grand PrixThe race, which will be held at the Circuit Gilles Villeneuv in Montreal, runs along a challenging 2.71-mile track. Heading into the weekend, Red Bull Racing remains the clear leader, followed by Ferrari and Lotus.
Friday morning jolt: deals at Starbucks, HP, and moreGet discounts on Starbucks coffee, HP laptops, and more. dealnews compiles a list of the five best deals to take advantage of today.
US economy creates 175,000 jobs in May – too few to lower unemployment rateThe unemployment rate rose to 7.6 percent in May, up from 7.5 percent. As a result, it's unlikely that the Federal Reserve will taper off its monthly buying of securities, which has helped to buoy the housing market.
National Doughnut Day: Is the Glazed Donut Breakfast Sandwich worth a try?National Doughnut Day is here, and Dunkin' Donuts is debuting a new, intriguing confection on its menus in celebration. Here’s the Monitor newsroom review of the Glazed Donut Breakfast Sandwich, for National Doughnut Day.
Seven ways to cut your grocery store billsGrocery store shopping can rack up quite the bill, especially if you are feeding a big family. Hamm offers seven ways you can cut your expenses, both when you're pushing the cart between aisles and when you're in your kitchen at home.
Monsanto lawsuit filed by farmers over GMO wheatMonsanto is facing a lawsuit from US wheat farmers and food safety advocates over unauthorized GMO wheat found in an Oregon field. The lawsuit accuses Monsanto of failing to protect the market from contamination and lower prices, as some foreign buyers have shied away from US wheat
Toyota unveils new 2014 CorollaThe 2014 Toyota Corolla, the 11th generation of the model, was unveiled on June 6, 2013. The new Toyota Corolla comes with a more upscale design, better quality materials and continuously variable transmission.
Chipotle sued for allegedly stealing ramen conceptChipotle faces a lawsuit accusing it of misleading a world-class chef and ripping off another chef’s ideas for a chain of ramen shops in the US. Chipotle declined comment.
McDonald's late-night menu offers 'din-fast'McDonald's late-night menu lets night owls mix dinner and breakfast items. Big Mac, Chicken McNuggets, Egg McMuffin, and hash browns are among the offerings on McDonald's late-night menu.
Watch out: hidden fees hitting flight tickets, bankingHidden fees are an easy way for companies to charge more for their services, but they can hit consumers — and their wallets — hard. Glaser offers tips for how to avoid being charged below-the-line fees for airline tickets, cable services, and banking.
- Service industry picks up, but experts remain uncertain about future
Service-related business activity expanded in May, climbing from an index of 53.1 the month prior to 53.7. While some industry leaders said they saw improved business, others said they are not optimistic the market is recovering.
For investors, a moment of optimismAlthough the recession is still on the forefront of many investors' minds, Brown says Wall Street is optimistic. The relative stability of asset markets, rise within market charts, and growing compensation of advisors has brought a welcome change in atmosphere to the floor.
Average gas mileage of new cars hits record highThe average gas mileage of new cars in the U.S. hit a new high of 24.8 miles per gallon in May. In comparison, in October 2007, the average gas mileage of new cars was 20.8 miles per gallon.
Should you buy a used car or a new car?When it comes to cars, used vehicles are much kinder to your wallet. Make sure you get a vehicle history report and a mechanic's thumbs up before purchasing the car, and you should be on your way to saving thousands of dollars, Hamm says.
- Carpet from 17th century sells for $33.7 million at auction
Carpet was a rare Persian rug from the 17th century, and it sold to an anonymous bidder for $33.7 million. The $33.7 million carpet shattered the previous record for a carpet sold at auction.
Wayne Newton moving out of Las Vegas home. Why?Wayne Newton is leaving his home of 45 years, "Casa de Shenandoah." Wayne Newton is downsizing from a 52-acre estate to a $3 million mansion with just 20 acres. The move is part of a bankruptcy reorganization.
IKEA founder Ingvar Kamprad to step downIKEA founder Ingvar Kamprad says his departure from the board is part of a generational shift. The son of Ingvar Kamprad, Mathias, will become chairman of the board.
