All Economy
Retail sales rise. Shoppers unfazed by payroll tax hike.Retail sales rose 1.1 percent in January, despite worries that the expiring payroll tax and high gas prices would curb spending. Is the rise in retail sales a sign of more sustained economic growth?
Beware the financial impact of pet ownershipChoosing to bring a pet into your home is a responsibility that comes with significant cost, Hamm writes.
Mortgage rates rise to 3.67 percentMortgage rates increased 9 basis points to 3.67 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
Retail sales jump in February. Higher taxes? No problem.Retail sales rose a solid 1.1 percent in February as Americans spent at the fastest pace in five months. Strong retail sales suggest the Americans are still spending despite higher social security taxes and gas prices.
Tesla Motors delays release of Model X electric crossoverTesla Motors is delaying the Model X electric crossover launch to the end of next year rather than late 2013 as it had said when the Model X electric crossover was first shown, Voelcker writes.
Will Latvia join the Euro?Latvia remains determined to join the Euro in 2014, Karlsson writes, despite some countries aiming to exit the Euro.
Carbon tax: A win-win for the economy and the environmentA carbon tax isn’t perfect, Gale writes, but relative to the alternatives, a tax on carbon has an enormous amount to offer to both the economy and the environment.
Stocks rise; Dow logs longest winning streak in 2 yearsStocks closed up on Wall Street Tuesday with the Dow barely extending its winning streak to eight days. Stocks have surged this year as investors became encouraged by a recovery in the housing market and a pickup in hiring.
Twinkies could be back on shelves by summerTwinkies, cupcakes, and other Hostess cakes will make a comeback as company cancels auction and sells to buyers it had had picked provisionally. Buyers Metropoulos and Apollo Global Management said Twinkies and other snack cakes would be on store shelves by summer.
How would Paul Ryan's tax plan work?Paul Ryan's tax play mimics the tactics of the 2012 campaign, Gleckman writes, promising tax reform built around wildly ambitious but gauzy rate reductions without a word about how to pay for them.
Food stamps use rises in DecemberIn December 2012, 109,924 recipients were added to the food stamps program with the current total increasing 2.75 percent on a year-over-year basis, according to the latest data from the Department of Agriculture.
Coscto earnings beat expectationsCostco's net income rose 39 percent as the wholesaler pulled in more money from membership fees, improved sales, and a large tax benefit.
Soda ban overturned, but the battle is far from overHours before it was to take effect, New York's controversial soda ban on big sugary beverages was struck down by a state judge. But the war over the health effects of fatty food and high-sugar drinks will continue.
The problem with stock market adviceThere aren’t any secrets to stock market success, Hamm writes. If the stock market secret did get out, it would be completely dominated by someone who studies this information far more than you or I.
Soda ban makes room for America's first love: waterWhile New York wrestles with the legality of the soda ban, sugary drinks are quietly being edged out in favor of good, old-fashioned water.
Judge voids New York soda ban, calling it 'arbitrary and capricious'The judge said New York's soda ban, which was set to take effect Tuesday, required city council approval and was arbitrary because some retailers, such as drugstores, were not affected by the ban.
Paul Ryan's budget and austerity economicsThe White House’s and the Democrat’s continuing failure to reshape that debate has lead directly and logically to Paul Ryan’s budget plan this week, Reich writes, which is a more regressive version of the same plan American voters resoundingly rejected last November.
Stocks inch higher; Dow on seven-day streakStocks closed higher on Wall Street Monday with the Dow Jones industrial average rising for the seventh day running. The stock market's fast start has prompted some analysts to worry that the rally could quickly fizzle out.
Looking to buy a house? Don't forget transportation costs.The place you choose to live has a huge impact on your housing costs, but it also has a tremendous impact on your transportation costs as well, Hamm writes.
The economy is not the stock marketThere is zero correlation between economic growth and stock market returns, Brown writes. They head in the same direction over time, but the stock market and the economy are only loosely related.
