All Economy
Martha Stewart: J.C. Penney deal didn't violate Macy's contractHome decorating and cooking expert Martha Stewart testified that striking a deal with J.C. Penney did not breach her contract to sell her home decor line exclusively at Macy's.
Sign of good times? Stocks surpass 2007 peak as Dow hits all-time high.The Dow stock index just hit a historic high, but with unemployment at 7.9 percent, many Americans aren't sharing the euphoria. Still, such markers can be turning points in a recovery.
ISM: Service sector continues expansion in FebruaryThe service sector continued to expand in February as assessments of service-sector related activity generally improved, according to data from the Institute for Supply Management.
Consumer optimism takes a dive, despite buoyant stock marketA new Monitor/TIPP poll finds that 6 in 10 Americans, facing shrinking income and rising taxes, say that the economy is still in recession, despite economic reports that the slump is over.
Second sinkhole appears. Does your insurance cover sinkholes?Second sinkhole that appeared just miles away from the Tampa sinkhole that swallowed a home last week begs the question: Does home insurance cover sinkholes?
No more telecommuting? Not a problem for most American workers.First Yahoo!, then Best Buy revoked their employee policies allowing telecommuting, stirring a furor in the blogosphere. The reality is that, for better or worse, few US workers enjoy that kind of flexibility, data show.
Why stocks are up while wages are downReich offers four reasons why the stock market is doing so well, while most Americans are doing so poorly.
McLaren P1 electric car on display at Geneva Motor ShowThe McLaren P1 was one of several new supercars on display at the Geneva Motor Show Tuesday. The McLaren P1 comes with a V-8 engine and electric motor, Vijayenthiran writes.
Meet the nine richest self-made women Forbes has released its annual billionaires list, and nestled among the usual suspects were women who have made or helped make their own fortunes, in industries ranging from television to real estate to clothing. These are the nine richest self-made women on Forbes 2013 Billionaires List.
With sequester underway, what should Obama do next?With the sequester enacted, President Barack Obama must reframe the public debate around the future of the country and the investments we must make together in that future, rather than austerity economics, Reich writes.
China's next leaders aim to launch new economic eraAs the National People's Congress gets under way, expectations are high that China's new leaders will promote economic reform and tackle corruption. But entrenched interests pose a serious obstacle.
Geneva Motor Show kicks off; VW Golf named European Car of the YearBefore the Geneva Motor Show got underway, the 2014 Volkswagen Golf was named the 2013 European Car of the Year. The win is the first for a Golf model in over 20 years.
No more big banker bonuses? Europe set to crack down.Europe's financial ministers are expected to approve new rules today that would cap bankers' bonuses at two years' salary – a move unthinkable in the years before the Lehman collapse.
$56 million golden parachute awaits Heinz CEO, if fired$56 million golden parachute? That's what awaits Heinz CEO William Johnson if he is fired by the company's new owners. In addition to the $56 million golden parachute, Johnson is entitled to a payout of $99.7 million in vested stock and $57 million in deferred compensation benefits that he accrued over his 30-year career with Heinz.
The money is in the detailsFrugality reduces your monthly bills, Hamm writes, thus increasing your financial gap between spending and saving regardless of your short term professional or business success.
How to save money when everything you enjoy is expensiveIt is really tempting to fall into a cycle of endlessly indulging expensive desires, Hamm writes. But there are a few ways to avoid constantly spending money on high-priced luxuries.
Stocks rise, pushing Dow back near recordStocks closed up on Wall Street Monday as stock investors largely ignored early concerns about China. The Dow Jones industrial average neared its record closing level.
Hong Kong bubble? Property prices fall in December.The price of residential properties in Hong Kong declined 0.8 percent in December 2012.
Finding the right customers for your small businessMeeting a wide array of customers is manageable while a business is small, Cornwall writes, but, as it grows, it becomes impossible to be “everything for everybody.”
The sequestration nationThe austerity economics on which we’ve embarked is a cruel hoax – Reich writes – cruel because it hurts those who are already hurt the most; a hoax because it doesn’t work.
