All Economy
- Stocks rise and fall with twists in budget talks
Stocks rose modestly Thursday on hopes that a budget deal would be reached in Washington. Promising optimistic reports also sent stocks upward.
- Top 10 cars with the best resale value These 10 vehicles have the best resale value among 2013 models. Can you guess which auto came out on top?
- Chevy Volt tops customer satisfaction survey again
High efficiency was a bit of a trend in this year's Consumer Reports' consumer satisfaction survey, with the Toyota Camry Hybrid, Prius, Prius C and Nissan Leaf all scoring highly, Ingram writes. The Chevy Volt electric car topped the list for the second year in a row.
- GDP comes in strong. But will 'fiscal cliff' slow growth?
The economy grew at a 2.7 percent pace in the third quarter, according to the latest GDP report, but the road ahead depends heavily on how politicians deal with the fiscal cliff.
- Jobless claims drop below 400k
Jobless claims declined by 23,000 to 393,000 from a revised 416,000 jobless claims for the prior week.
- Continental Concord crash conviction overturned by French court
The crash hastened the end for the already-faltering supersonic Concorde, synonymous with high-tech luxury but a commercial failure.
- Zig Ziglar: Motivational speaker and author
Zig Ziglar wrote 30 books, and spoke about helping people achieve success in their careers and personal lives, in addition to a focus on Christianity, Zig Ziglar was a prolific speaker, who appeared with several U.S. presidents and former British Prime Minister Margaret Thatcher. Ziglar passed on Wednesday.
- Consider the contract termination fee
Most long-term internet or cable/satellite service contracts offer an escape hatch if you’re willing to pay for it, Hamm writes.
- Spend that windfall wisely (even if you didn't win the Powerball lottery) Huge windfalls, like Wednesday's $580 million Powerball lottery drawing, get all the attention, but every day Americans get smaller surges of money – an annual bonus, for example, or a tax refund. You might be tempted to use it to pay off your credit card balances. Not so fast. There might be better ways to use it to improve your overall financial position. Here are five questions to ask yourself before you decide what to do with that windfall:
- FedEx driver fired over Russian accent, lawsuit says
A FedEx driver says he was fired over his thick Russian accent, and is suing FedEx for damages. The driver, a Russian immigrant, says his English is perfectly understandable and that his firing was unwarranted.
- Powerball lottery: We have two winners
Powerball lottery jackpot reached a record $588 million before Wendesday night's drawing. Two winning Powerball lottery tickets were sold, in Arizona and Missouri.
- Home sales fall in October
Home sales fell 0.3 percent since September according to the US Census Bureau's New Residential Home Sales Report.
- Bungee jumping over the 'fiscal cliff'
Rather than stoking middle-class fears about the 'fiscal cliff,' the White House ought to be reassuring most Americans they can survive the fall, Reich writes.
- Powerball lottery jackpot hits record $550 million
With Powerball lottery drawing hours away, Americans are snapping up tickets for the estimated $550 million jackpot. The record Powerball jackpot is renewing questions about its burden on lower income groups, but it may be less burdensome than other lotteries.
- Stocks climb on hopes for 'cliff'-skirting deal
Stocks rose in afternoon trading Wednesday on signs that the US may avoid the 'fiscal cliff' after all. 'Fiscal cliff' concerns have weighed on stocks since the election.
- Mortgage rates drop to 3.4 percent
The latest data from the Mortgage Bankers Association shows an average decrease of 1 basis point in 30-year fixed-rate mortgages since last week.
- Would a one-dollar coin save Americans money?
Karlsson explores the economics of switching from a one-dollar note to a one-dollar coin. From a Swedish perspective, Karlsson writes, changing to a coin would seem natural.
- Powerball winners: Cautionary tales, lessons from past lottery winners
Past winners of mega-lottery drawings and financial planners offer advice to Powerball winners on how to manage a $500 million windfall. How to avoid the pitfalls of instant Powerball wealth.
- Is there such a thing as too much energy?
Government moves energy from the future to the past, Bonner writes, from what will be to what used to be, and finally, to what will be no more.
- Costco pays special 'fiscal cliff' dividend to investors
Costco is paying shareholders a special dividend of $7 per share, in addition to the regular quarterly payout the wholesaler gives investors. Costco is one of many companies making special payouts because investors may have to pay higher taxes starting in January.