All Economy
- Food stamp use declines in February
Food stamp use was down in February, according to the latest food stamps data released by the Department of Agriculture. A notable 213,962 individual recipients were removed from the food stamps program.
- Stocks pause rally on economic skepticism
Stocks paused on Wall Street Monday as investors assessed whether stock valuations were overstating the recent improvement in the economy. Stocks have surged this year, boosted by an improving economy, Federal Reserve stimulus and record corporate earnings.
- IRS was wrong to target Tea Party. What about other political groups?
The IRS shouldn't have targeted the Tea Party, Gleckman writes. But the unsavory IRS actions should also shine a light on the law that gives tax-exempt status to political groups of all ideological stripes – not just the Tea Party.
- What tax hikes? Retail sales rise in April despite fears of slowdown.
Retail sales numbers for March had been down compared with last year, in part because of a rise in Social Security payroll taxes. But April's numbers rebounded unexpectedly.
- 3 new Quarter Pounders: McDonald's revamps line
Three new Quarter Pounders will be rolled out nationally in mid-June. Two of the 3 new Quarter Pounders will come in the same varieties as the Angus burgers they're replacing.
- Lamborghini Egoista concept car a 'four-wheeled UFO'
Lamborghini Egoista, inspired by the design of an Apache helicopter, was introduced to the world over the weekend. While the Lamborghini Egoista is a pure design concept, Lamborghini has said in the past that it never builds a concept without the intention of production.
- Bloomberg L.P.: Letting reporters access client data was 'mistake'
Bloomberg L.P. says it has cut off its journalists' special access to its clients' financial services information, describing such access as a 'mistake' in its newsgathering policies. The Federal Reserve is now investigating whether Bloomberg journalists tracked data about top Fed officials.
- Should EPA gas-mileage ratings tests change?
Major disparities in the listed MPG and the actual performance of two Ford hybrids have put the EPA's mileage tests under scrutiny. With most vehicles, the EPA is essentially on target, but changes might be on the horizon.
- IRS apologizes. But has it told all about targeting tea party?
IRS apologizes for targeting tea party groups when they applied for tax-exempt status. But a draft of an inspector general's report suggests officials knew about the targeting as early as 2011.
- Happy Mother's Day: five last-minute ideas
Mother's Day is here, but don't fret; there's still time fro the procrastinators among us to find a great gift that says: 'Happy Mother's Day.'
- Jeep recall: SUV can shift into neutral when started
Jeep recall involves 469,000 Grand Cherokees (model years 2005-10) and Commanders (2006-10) worldwide. Chrysler is instituting Jeep recall after 26 crashes and two injuries.
- The gas tax system is broken. Are electric cars to blame?
Both state and federal gas-tax revenues are plummeting, and electric cars are emerging as a culprit. Is that fair?
- Renting vs owning: When is buying a house worth it?
Owning a home builds equity, but sometimes sticking with a rental is a better deal. Those questions and more in this week's mailbag.
- Is Facebook getting into navigation?
Facebook has been diversifying its interests and focusing heavily on the mobile market. Now there are rumors that Facebook is looking to buy a hyper-popular navigation app.
- IRS apologizes for targeting tea party: this week in the economy
The IRS is under fire for the extra scrutiny its workers gave to 'Tea Party' and 'Patriot' groups' applications for tax-exempt status. Plus, the Dow hit a milestone, jobless claims continued to drop, and other news from around the US economy this week.
- It's family vacation time. Best deals to Florida, California, and more.
- North Dakota death rate is highest in nation. Why?
North Dakota death rate: There were 44 worker deaths in North Dakota in 2011, for a rate of 12.4 deaths per 100,000 workers. Half of North Dakota's worker deaths since 2010 have been in oil and gas occupations, according to the federal Occupational Safety and Health Administration.
- What one more dollar means for your mortgage payment
Every dollar you pay extra on your mortgage effectively 'earns' interest at a rate equal to your mortgage interest rate for the rest of your mortgage, Hamm writes.
- Stocks climb for third straight week
Stocks rose Friday to close three straight weeks of gains on Wall Street. A sharp increase in small-company stocks is also a sign that investors are more willing to take on risk.
- Japanese yen plunges to four-year low. G7 unlikely to act.
Japanese yen's plunge vs. the dollar makes its exports cheaper and its companies more competitive. G7 finance ministers will focus on the Japanese yen at talks in the UK this weekend.