All Economy
- Industrial production rises in December
Industrial production rose 0.26 percent since November 2012 and rose 2.25 percent above the level seen in December 2011, according to the Federal Reserve.
- Stocks mixed; Boeing drags Dow down
Stocks ended mixed on Wall Street Wednesday as Boeing stock tumbled on more problems for the company's 787 Dreamliner. Boeing stock dropped by 3 percent.
- Before you trash it, wear it out
Using an item until it's genuinely worn out is good for your wallet and the planet, Hamm writes.
- Japan tries fiscal stimulus (again)
Japan's latest attempt at fiscal stimulus is heavy on infrastructure spending and disaster preparedness, and includes $117 billion in central government spending, Harris writes.
- Housing rebound? Homebuilder confidence reaches seven-year high.
US homebuilder confidence reached its highest level in nearly seven years in January, suggesting that prospects for housing market remain upbeat. But the National Association of Homebuilders said prolonged negotiations over fiscal policy had caused some uncertainty.
- Mortgage rates jump to 3.5 percent
Mortgage rates increased 2 basis point to 3.5 percent since last week, according to the Mortgage Bankers Association, which tracks mortgage rates.
- Chuck Hagel vs. the neocons
That the neocons hate Chuck Hagel is the best sign yet that he may be the right person for the job, Reich writes.
- Dreamliner makes emergency landing in Tokyo. Boeing 787 flights grounded.
Boeing 787 aircrafts used by Japan's two biggest airlines were grounded for safety checks Wednesday after battery problems forced one jet to make an emergency landing in Tokyo. The Boeing 787 grounding was just the latest in a slew of problems for the new 'Dreamliner' jet.
- Why a budget deal isn't going to happen in 2013
A budget deal is unlikely to happen because all the incentives—both political and economic—are completely wrong, Gleckman writes.
- A mixed bag for manufacturing
Current assessments of manufacturing activity declined slightly, according to the latest report from the Empire State Manufacturing Survey.
- Stocks climb as retail bump trumps debt worry
Stocks closed up on Wall Street Wednesday as retail stocks moved higher throughout the day, boosted by an increase in retail sales in December.
- Obama's debt-ceiling strategy needs GOP cooperation
President Obama’s debt-ceiling strategy depends on there being enough willingness to cooperate left in the GOP, Reich writes.
- Home, car sales getting back their groove
Notes of optimism at Detroit auto show and stronger home sales and housing starts suggest recovery is gaining strength. But a return to normal will have to wait until 2014.
- Detroit auto show: Honda reveals 'Urban SUV Concept'
The Detroit auto show is full of the latest car ideas, including Honda's Urban SUV Concept, which the company says will create new value in the growing small-SUV segment. Honda debuted the new Urban SUV concept at the 2013 Detroit auto show.
- Retail sales increase 4.7 percent from last year
Retail sales increased 0.5 percent from November 2012, but 4.7 percent on a year-over year basis.
- Five brokers' secrets you should know before trading online Over 17 million investors with the three largest online brokerages – Schwab, E-trade, and TD Ameritrade – are paying more than $1.8 billion every year on trading fees and brokerage services that most of them don’t need, according to a recent NerdWallet study. Here are five brokerage secrets you should know before trading online:
- Coca Cola obesity ad: Do soft drinks make you overweight?
Coca Cola obesity ad: The soft-drink maker will enter the obesity debate with two-minute ads discussing Coca Cola and calories. New research suggests that sugary drinks contribute to the obesity problem in America.
- Facebook 'mystery' event: A search engine in the works?
Facebook is holding a mystery press event at its Menlo Park, Calif. headquarters Tuesday. Some speculate that Facebook will unveil more robust search engine technology that will compete with Google.
- This winter, try a 'togetherness trip'
Travelers use cruises and resorts as a way to connect with family. Increasingly, 'togetherness trips' take place in winter.
- Debunking the Warren Buffett debunkers
Warren Buffett's head-and-shoulders above all other investors stature has only been cemented during this last five years, Brown writes.