All Economy
- Virgin Atlantic: Is Delta an interested buyer?
Virgin Atlantic Airways may soon have a new shareholder. Singapore Airlines is in talks to sell its 49 percent stake in Virgin Atlantic to Delta Air Lines. A deal would help Delta lay claim to highly competitive US to London airline routes.
- Starbucks, Google, Amazon accused of 'immoral' tax avoidance
Starbucks, Google, and Amazon were among the major multinational corporations accused by lawyers of exploiting British tax laws to move UK-made profits overseas. Starbucks announced it is reviewing its tax practices in a bid to restore public trust.
- Support US jobs? Then support electric cars, says governor.
Electric cars meant thousands of new jobs in Michigan, says the former governor of that state. While many have criticized alternative energy grants, Jennifer Granhom says they are essential if the US doesn't want to lose advanced manufacturing jobs 'forever.'
- 'Tis the season for free gift cards
Freebies attached to full-price gift cards are abundant during the holidays. Now is a good time to stock up on gift cards, both for you and for others.
- Unnecessary fees? Get them waived. Here's how.
Companies love to tack fees onto your bill. But there's a good chance you can get those fees to disappear, especially if there's any competition for your business, by following these three tips.
- Ford recalls 89,000 Escapes, Fusions for fire risk
Ford recall involves 2013 models with a 1.6-liter engine that has caused a dozen fires. This marks the third Ford recall of the 2013 Escape because of engine-fire risks.
- Black Friday snag? Online purchases canceled in droves.
Snagged a great Black Friday deal? Not so fast. Many stores were forced to cancel online Black Friday orders because their systems oversold various items.
- MINI, Lexus get top marks in sales satisfaction
The results are in, and once again, Lexus and MINI have proven masters of the sales process and making customers happy, according to J.D. Power and Associates. Why are Lexus and MINI so successful on this front?
- Fiscal cliff would hurt low-wage workers the most
Fiscal cliff drama in Washington coinciding with strikes and work stoppages among America’s lowest-paid workers, at Walmart and fast food restaurants, is no coincidence. If Congress goes over, these are the people who will feel the pinch.
- Eight surprising ways to raise your credit score
Boosting your credit score from merely good to great will give you access to the best offers and best rates on nearly everything. Here are the best ways to do it.
- Stocks hold as budget talks continue
Rising stocks narrowly outnumbered falling ones on the New York Stock Exchange Friday. Investors remain cautious as 'fiscal cliff' budget negotiations continue in Washington.
- Relax. You don't need to have it all.
At some point, you need to give up on 'having it all' or you’ll find that some of the most important things in your life will slip right through your fingers, Hamm writes.
- Focus on what the market is doing, not why
Focusing on stock market action and fundamentals is probably a better bet right now than seeking explanations, Brown writes.
- Obama makes opening move in 'fiscal cliff' deal
President Barack Obama has started the bidding on the 'fiscal cliff' deal with substantial concessions on tax increases and spending cuts, Reich writes.
- Workplace has no 401(k). Could states help?
Six in 10 private-sector employees aren't offered a retirement plan at work. So California and a few states are looking to offer them retirement plans.
- Payroll tax cut expiration lurks in 'fiscal cliff's' shadow
The expiration of the payroll tax cut would increase taxes by $115 billion in 2013, Maag writes, yet President Obama and others have been strangely silent – arguing instead about the fate of the 2001-2003 tax cuts.
- Superstorm Sandy batters November retail sales
Superstorm Sandy dragged down retail spending in November, despite the frenzy over the Black Friday weekend. Even without the effects of Superstorm Sandy, retail growth during the month would have been weak.
- Fiscal cliff talks stall. Will a deal get done by Christmas?
Fiscal cliff deadline is a month away, but Republicans and Democrats are blaming each other for the inability to get a deal done that would prevent automatic spending cuts. The uncertainlty over the fiscal cliff talks is already having a financial impact, sending the stock market on a roller coaster ride.
- Bankrupt battery maker A123 stalls Fisker Karma production
Fisker Automotive revealed Wednesday that it has halted production on the Fisker Karma due to the bankruptcy of its battery maker, A123 Systems, according to Green Car Reports.
- GDP continues Q3 expansion
Real GDP increased at an annualized rate of 2.7 percent from Q2, according to the Bureau of Economic Analysis.