All Economy
- Milk prices could double if Congress doesn't act
Milk prices are poised to move higher next year unless Congress passes legislation to supersede a 1949 law. That law would boost milk prices by forcing up the price at which government buys milk to keep it off store shelves.
- Fiscal cliff Plan C: Let Democrats find compromise. Huh?
Fiscal cliff Plan B is dead. But allowing Senate Democrats and President Obama to negotiate a deal is hardly a step forward in finding bipartisan compromise.
- GM pickup recall: Front hood can fly open
GM pickup recall involves more than 145,000 Chevy Colorados and GMC Canyons from 2010 through 2012. Some of the GM pickups don't have secondary latches, which prompted the recall.
- Fiscal cliffhanger: Obama's unwise concessions
President Barack Obama has returned to making premature and unnecessary concessions to Republicans in the fiscal cliff debate, Reich writes.
- Stocks edge up as investors await fiscal cliff deal
Stocks ended higher Thursday despite fiscal cliff uncertainty weighing on stock traders' minds.
- Full steam ahead? How economy might look if 'cliff' deal is struck.
If Washington can strike a bargain on the 'fiscal cliff,' some tax hikes and spending cuts would slow the economy. But rising consumer confidence could keep the slow recovery chugging along.
- Newtown post office flooded with condolences
Newtown, Conn.'s post office has been receiving a deluge of letters, cards, care packages and drawings from around the world in the wake of the shooting at Sandy Hook Elementary School.
- Shopping procrastination? Tips for last-minute Christmas gifts online.
Some people had all of their holiday shopping done a month ago. But there's still time for procrastinators who want to snag last-minute Christmas gifts online.
- Are cheap cars safer than expensive ones?
Cheaper midsize cars do a better job in deadly head-on collisions than many luxury and near luxury midsize cars, according to crash tests by the Insurance Institute for Highway Safety.
- Teacher inherits $7 million in gold coins from reclusive cousin
Teacher inherits $7 million: Actually, it was $7.4 million stash. A San Rafael teacher inherited two wheel barrows worth of 2,900 Austrian coins, 4,500 from Mexico, 500 from Britain, and 400 U.S. gold pieces.
- Electric and hybrid taxis gaining in popularity
Hybrid and electric vehicles are increasingly popular as a way of cleaning up city fleets, Ingram writes.
- General Motors to buy back US-owned stake. US to lose billions?
General Motors stake owned by the US treasury will be sold over the coming year, assuring a multibillion-dollar loss for the federal government. General Motors will buy back $5.5 billion in shares, and the Treasury will have to sell the rest of the stock at a high price in order to break even on the $50 billion bailout GM received.
- Fiscal cliff could impact low-income families the most
The fiscal cliff debate thus far leaves the most vulnerable families quite close to the edge, Maag writes.
- Despite easy credit, a decline in late car payments
Americans are keeping up with their car payments even as credit once again becomes easier to find, Read writes.
- Stocks sink as budget deadline nears
Stocks closed down on Wall Street as a year-end deadline nears with no deal in hand to cut the US government's budget deficit. Telecommunications stocks and health care stocks fared the worst.
- What changing the consumer price index would mean for taxpayers
- A mixed November for home construction
Single family home construction permits dropped 0.2 percent from October to 565,000 single family units. Single family home construction permits remained 68.58 percent below the peak in September 2005.
- UBS to pay $1.5 billion in fines over LIBOR rate scandal
The Swiss bank agreed to the fine Wednesday, settling with US, British, and Swiss regulators. In the case, UBS employees tried to rig the London Interback Offered Rate, or LIBOR, using different currencies.
- For cheap travel, avoid souvenirs
A truly special souvenir doesn’t need to cost very much, and the best ones are rarely found in an overpriced souvenir shop, Hamm writes.
- Fitch Ratings to US: Fix 'fiscal cliff' or risk credit downgrade
Fitch Ratings, a leading credit ratings agency, warned Wednesday that the US is likely to lose its top-notch debt rating if lawmakers cannot agree to a solution that prevents the economy from going over the 'fiscal cliff' at the end of 2012. Fitch Ratings called the resolution of the fiscal cliff and an increase in the debt ceiling 'pressing issues.'