All Economy
- Budget crisis: five ways the parties increasingly disagree
Republicans and Democrats are setting out fiscal goals that are light-years apart, Gleckman writes. Here are five stumbling blocks to a budget deal:
- Stocks drop on weak Apple sales
Stocks fell on Wall Street Thursday after the tech giant Apple warned of weaker sales. Airline stocks were mostly higher, despite rising fuel costs.
- Can electric cars be used as backup generators?
The possibility of using electric cars as backup energy sources is being explored by the Department of Defense, Ingram writes.
- BMW, Toyota working together on next-generation batteries
BMW and Toyota said Thursday the partnership will not involve a capital alliance while spanning a wide range of technologies for green vehicles.
- Jobless claims drop to 330,000
Jobless claims declined by 5,000 to 330,000 claims from a revised 335,000 jobless claims for the prior week.
- Burger King drops horse meat firm in UK and Ireland
The fast food chain said in a statement Thursday that it had dropped Silvercrest Foods as a supplier for its UK and Ireland restaurants as a 'voluntary and precautionary measure.'
- Super Bowl crisis? Chicken-wings shortage looms
Chicken wing consumption is second only to Thanksgiving on Super Bowl Sunday. But this year, high feed prices have left the US with a smaller chicken crop, and therefor, fewer chicken wings available.
- New SEC chief to be Mary Jo White
Mary Jo White, a former federal prosecutor, will be nominated by President Obama today to run the Security and Exchange Commission. White was a U.S. attorney in New York, and was recently hired by the NFL to investigate the New Orleans Saints bounty program.
- FocusDebt ceiling: With debate on hold, where is US economy headed now?
With the debt ceiling's threat no longer imminent, the US economy appears to be stuck in neutral, waiting to be pushed forward or back. Here are head winds and tail winds competing for influence.
- Netflix comeback? Q4 earnings wow investors.
Netflix has re-emerged as a stock-market star, netting impressive earnings despite stiff competition from Amazon and Redbox. 2 million new streaming subscribers in the US propelled Netflix to an unexpected fourth-quarter profit.
- Before you buy more, enjoy what you already have
Your hobby isn’t buying new stuff, Hamm writes. Your hobby is enjoying whatever it is that your hobby is truly about.
- Is Apple losing its footing?
Values of shares of Apple have fallen due to the company's failure to achieve Wall Street's revenue predictions. Many investors are concerned that Apple is falling off its trajectory of growth.
- Stocks rise on good Google, IBM earnings
Stocks rose to a five-year high Wednesday after Google and IBM released surprisingly solid fourth-quarter earnings late Tuesday. IBM led the Dow's 30 stocks.
- US to lead world in electric car sales by 2020, study says
Electric car sales are increasing, Ingram writes, and the US could have the largest electric car market by 2020, according to a new study.
- Groupon suspends gun deals
Groupon halts promotions for shooting ranges, weapons courses, and other gun-related deals. Groupon says gun promotions 'not a fit right now,' but doesn't cite Newtown shootings specifically.
- Mortgage rates rise to 3.51 percent
Mortgage rates jumped to 3.51 percent since last week, according to the most recent data from the Mortgage Bankers Association.
- House debt limit bill: five key facts
The US House of Representatives will vote Wednesday on a debt limit bill that will suspend the debt limit through May 18. If they fail to pass a budget by April 15, Marron writes, the debt limit bill will withhold their pay.
- Filing taxes? What you need to know.
Congress's last-minute 'fiscal cliff' deal extended many popular credits and deductions and permanently patched the Alternative Minimum Tax -- all good news if you're filing 2012 taxes.
- Asteroid mining: Second company announces plans. Time to stake a claim?
Deep Space Industries said Tuesday it plans to launch small prospector missions to asteroids beginning in 2015. The goal of asteroid mining is to make space exploration more affordable.
- Virginia governor proposes fee for hybrids, electric cars
Virginia Governor Bob McDonnell has proposed an increase in sales tax and a $100 annual fee for plug-in and hybrid cars in lieu of a gasoline tax, Ingram writes.