All Economy
- Bacon-shell tacos, or Bacos, on the menu at Mich. minor-league park
Bacon-shell tacos: Those who come to see the West Michigan Whitecaps play will have the opportunity to chow down on a Baco, a taco with a specially made bacon shell.
- Consumer prices: Jump at the pump fuels fastest rise since recession
A 9 percent surge in gasoline prices in February helped fuel a 0.7 percent rise in the consumer price index, the biggest since June 2009. Fortunately, prices at the pump have since eased.
- The $5.7 trillion question in Paul Ryan's budget
The Ryan budget is only half-a-plan, Gleckman writes. It outlines politically attractive tax cuts but says nothing about the tax increases necessary to pay for them.
- Industrial production rises in February
Industrial production climbed 0.71 percent in February, according to the Federal Reserve's monthly read of industrial production and capacity utilization.
- 300,000 new millionaires: How many new homeless?
The booming stock market just created 300,000 new millionaires, but at the other end of the economy, food stamp participation just hit a 10 year high.
- IRS unclaimed refunds: The IRS owes you $1 billion (some of you, anyway)
Did you claim your refund? The IRS reports that $917 million in unclaimed refunds from 2009 will be theirs to keep as of April 15. If your paycheck withheld more than you owed, there's no penalty for filing your taxes late — but after three years, the feds get to keep your unclaimed refund.
- How to talk about money without arguing
Success in discussing financial issues comes down to setting a few ground rules, Hamm writes.
- Stocks up again; Dow on 10-day streak
Stocks closed higher on Wall Street Thursday, and the Dow Jones industrial average rose for the tenth day in a row. Reassurances from Federal Reserve officials that they plan to keep interests rates at historically low levels have also helped push stocks higher
- Deficits are not the real economic problem
The biggest economic problems we face are unemployment, stagnant wages, slow growth, and widening inequality, Reich writes, not deficits.
- Surprise! Consumers are managing their credit cards quite well.
Consumers are paying their credit card bills on time at record levels and they're paying off more of their balance, according to new credit card data. Delinquenicies are at historic lows.
- Cat food recall hits 26 states. Are you affected?
Cat food recall involving batches of three brands manufactured by Diamond Pet Foods affects cat owners in 26 states. So far, no cat illnesses have been reported as a result of the cat food recall.
- Another Carnival cruise ends poorly: Passengers to be flown home.
Carnival said all the cruise passengers were 'safe and comfortable' after the ship experienced mechanical problems in port in St. Maarten. This is not what the company needed right now.
- Sinkhole buyouts await evacuated Louisiana homeowners
Sinkhole buyout for homes over a salt cavern will be offered to residents in Assumption Parish, La. The homes eligible for the sinkhole buyout are under evacuation because of a nine-acre sinkhole, Gov. Bobby Jindal said Wednesday.
- Jobless claims drop by 10,000
Jobless claims declined by 10,000 to 332,000 claims from 342,000 claims for the prior week, according to Thursday's jobless claims report from the Department of Labor.
- McDonald's launches yolk-free Egg McMuffin nationwide
McDonald's has announced the Egg White Delight, a yolk-free version of the popular Egg McMuffin breakfast sandwich, to hit restaurants nationwide in late April. The Egg White Delight announcement comes as McDonald's tries to distance itself from competitors and reverse its fortunes after a month of slumping sales.
- Honda recall affects 250,000 vehicles worldwide for braking problem
Honda recall: Honda Motor Co. said Thursday it was recalling more than 183,000 vehicles in the U.S., including the Acura RL, Acura MDX and Pilot models.
- 'Price is Right' lawsuit over pregnancy overturned
'Price is Right' lawsuit involving a model for the long-running game show was overturned by a California judge Wednesday. Brandi Cochran, who worked on the 'The Price is Right, was awarded damages last year after convincing a jury that the show's producers discriminated against her after she became pregnant.
- Fisker steps away from 'green car' company
Henrik Fisker abruptly resigned from Fisker Automotive Inc. on Wednesday. The struggling business has not produced a vehicle since last summer. It is currently looking for funding and partnerships and it's unclear how Fisker's departure will affect the company's future.
- Retail sales blossom in February, boosting confidence
Despite increasing costs of gasoline and taxes, consumer spending rose significantly last month. Wall Street appears optimistic, but the Federal Reserve is unlikely to remove monetary supports at this time.
- Stocks up; Dow on longest streak since '96
Stocks closed up on Wall Street Wednesday with the Dow Jones industrial average notched its ninth gain in a row, giving the index its longest winning streak in more than sixteen years. Demand for stocks has been propelled this year by optimism that the housing market is recovering and that companies have started to hire.