All Economy
How much will payroll tax hikes cost you?Higher payroll taxes will take $115 billion out of workers’ pockets this year and cut consumer spending, according to the Tax Policy Center.
GE's latest energy play: LufkinGeneral Electric to pay $33 billion for oilfield equipment maker Lufkin. General Electric hopes to cash in on energy boom with purchase of Lufkin and other energy-equipment manufacturers.
Food stamp use down in JanuaryFood stamp use dropped in January as 514,518 individual recipients were removed from the food stamps program with the current total still increasing 1.78 percent on a year-over-year basis.
Should you make mortgage payments later because of inflation?From a purely financial standpoint, saving payments for a higher inflation rate makes sense. But that line of thinking neglects several key things.
Shareholders ask firms: What are your politics?One in three shareholder resolutions this year deal with companies' political spending and activities. Is it political 'trench warfare' or do shareholders need to know the politics of their companies in the wake of Citizens United decision?
5 tons of Nutella stolen in Germany5 tons of Nutella was stolen from a parked trailer in central Germany, police said. The 5 tons of stolen Nutella is worth an estimated 16,000 euros.
Study: Americans are driving less. Why?That's one way to go green: Americans have been steadily driving less since 2005. RIsing gas prices, the recent recession, and a disinterest among younger people all play a part.
Honus Wagner baseball card fetches $2.1 millionHonus Wager baseball card, known as 'holy grail' of sports memorabilia, sells for $2.1 million. That's a record for a public auction, although a similar Honus Wagner baseball card sold privately for more.
Average fuel economy of US cars reaches an all-time highAverage fuel economy of all cars in the US reached 24.6 miles per gallon – not high for your average hybrid, but the highest it's ever been.
Planning for the future? Why pessimism is more productive.Anticipating future wealth informs major financial decisions, and that can be a good or bad thing. Being pessimistic about your future earnings is more likely to lead to a positive outcome.
Worst company in America: Will it be EA, the video gamemaker, again?Worst company in America: Why is Electronic Arts in the Final Four for "worst company in America?"
Laptop sales: Windows 8's loss is your gainWindows 8 isn't meeting expectations, which means deep discounts on laptops and software.
Americans pile into silver, gold coinsSales of silver and gold coins have surged this year. With silver and gold prices near two-year lows, is it time to buy?
Wesley Snipes released. Tax evader under house arrest.Wesley Snipes, released from prison, will serve last four months of his three-year sentence confined in a home. Best known for his work in the 'Blade' trilogy, actor Wesley Snipes' release came after his 2008 conviction for failing to file tax returns on $38 million in earnings.
KFC goes boneless. Are drumsticks too old-fashioned?KFC goes boneless April 14 at 4,500 US locations. Popularity of nuggets is why KFC going boneless, offering the new chicken offering alongside its traditional drumsticks, breasts, and thighs.
What's behind the bad March job numbers?Companies won’t hire if consumers aren’t buying enough to justify the new hires, Reich writes. And consumers don’t have enough money, or credit, or confidence to buy enough.
Stocks fall on weak jobs reportStocks closed lower on Wall Street Friday after the US economy showed a sharp slowdown in hiring in March. The March jobs report was far worse than economists had forecast and the news sent stocks lower.
Unemployment drops to 7.6 percent in MarchUnemployment declined to 7.6 percent in March, according to the Bureau of Labor Statistics. Total unemployment, including marginally attached workers, declined to 13.8 percent.
Fisker Automotive cuts more staff. Is this the end?Fisker Automotive will lay off most of its staff, according to various media reports. Fisker faces an April 22 deadline for its next payment to the U.S. Department of Energy, but the company has virtually no income from ongoing operations because it hasn't built a single Karma electric car since last summer.
Jobs outlook: Can young people overcome the gloom?With a 16.2 percent unemployment rate, young Americans are bearing the brunt of the slow recovery. But there are steps they can take to improve their chances of getting hired.
