All Economy
Just because nobody is doing it is not a reason to start a businessJust because nobody has started a particular type of business is by no means an indication that the market needs that type of business, Cornwall writes.
Bank of America settles with Fannie Mae. $10B for risky home loans.Bank of America has reached a settlement with Fannie Mae over questionable home loans the bank sold to the lender during the housing bubble. The $10 billion settlement from Bank of America will include a $3.6 billion payment to Fannie Mae and $6.75 billion in bought back loans.
- Mall of Louisiana shut down after flash mob brawl
Mall of Louisiana: A flash mob of 200 teenagers turned violent in the food court. Police arrested six teens and the Mall of Louisiana was shut down early Sunday night.
Spain lottery, 'El Nino,' gives away $1.1 billionSpain lottery of $1.1 billion, called the 'El Nino' lottery, is held each Feast of the Epiphany in Spain. But there's a catch. Thanks to the country's new austerity measures, winners in the $1.1 billion Spain lottery have to pay 20 percent income tax on their winnings.
Four job trends for 2013 With unemployment still high, many Americans are looking to find a job, change careers, or update their skills. Here are four trends for 2013 that can help you make smart career moves.
NHL, players reach 10-year deal, save seasonNHL deal, which must still be ratified, would allow up to 60 percent of the season to be played. Players to split revenue 50-50 with NHL and get a pension for first time.
Make saving money part of your routineSimple alterations to your daily routine can help you cut back on spending, Hamm writes.
Credit card predictions for 2013: more e-payments, big bonusesCredits cards will more widely adopt electronic payments in 2013, and big reward bonuses will come with a lot of red tape. Those are among several predictions for credit cards in 2013.
The one thing it takes to be an entrepreneurTo prepare to be an entrepreneur, forget the economic outlook and your personal uncertainty. Just focus on this one key factor motivating each entrepreneur.
New FDA rules: safer food, $500 million costNew FDA rules are biggest change in food safety in decades. Precautions against contamination range from farm workers washing hands to required safety plans from food manufacturers, under new FDA rules.
Giving children sound money adviceHamm offers four ways to combat bad ideas about money that your child might pick up from friends or classmates.
Will Americans buy tiny cars? Nope.Sales of the Smart car and other tiny two-seaters have been disappointing in the US, despite soaring gas prices.
Warehouse store showdown: Should you join Costco, Sam's Club, or BJ's?Membership in warehouse stores can save consumers big. But among the big three – BJ's, Sam's Club, and Costco – which one is right for you?
Why we need pirates in cyberspaceWhenever governments have tried to regulate new common areas – from oceans to airwaves – pirates have moved in. They remind us that some areas should be free.
Jobs: the key to a recoveryJob growth and wage growth should be the central focus of economic policy, not deficit reduction, Reich writes.
Stocks rise on steady jobs reportStocks extended a New Year's rally Friday with the Standard & Poor's 500 index hitting a five-year high. Stocks have surged this week after lawmakers passed a bill to avoid the "fiscal cliff."
Unemployment flat at 7.8 percent in DecemberUnemployment went flat at 7.8 percent in December with non-farm payrolls adding 155,000 jobs overall. Private non-farm payrolls sub-component added 168,000 jobs.
Chevy Volt sales triple in year of paradoxes for electric carsChevy Volt's record-breaking year falls short of the GM's sales target. Chevy Volt sales reflects a year of triumphs and shortcomings for electric-car technology.
Top 10 richest Americans The 100 richest people in the world gained $241 billion in net worth last year, according to Bloomberg's Billionaires Index. Americans dominated the list, occupying five of the top 10 spots. This countdown of the top 10 wealthiest Americans features a casino mogul, software tycoons, and a lot of Wal-Mart money.
2013: the year to find a new job – if the economy will let youA third of workers are eager to change jobs. But with unemployment still high at 7.8 percent and job growth tepid, a job switch will prove more difficult for some workers than others.
