All Economy
Hostess Brands: Twinkies maker to close permanentlyHostess Brands announced Friday that the company would liquidate, laying off 18,500 workers and putting its iconic brands, including Twinkies, Ding Dongs, and Ho Ho's, up for sale. Hostess Brands said production at its factories was crippled by a nationwide workers strike.
A fiscal cliff 'mini-deal'?A mini-deal on the fiscal cliff will give the new Congress and the White House time to craft a “grand bargain” on deficit reduction without going over the fiscal cliff, Reich writes.
For big savings, compare prices onlineCompare the prices you get online with the prices you can get locally and go for whichever option is cheapest, Hamm writes.
Stocks close lower after weak retail reportsStocks closed lower for the third day straight Thursday after weak reports from the nation's retailers. Debate over the impending fiscal cliff is also weighing on stocks.
Has John Boehner really agreed to increase taxes on the rich?Since the election, House Speaker John Boehner (R) has had some conciliatory-sounding words about the need to avoid the 'fiscal cliff.' While he's said 'new revenue' might be part of the solution, it's problematic to assume he means higher taxes on the rich.
Vietnam's 'tiger' economy losing its roarGrowth next year is expected to drop due, as recent corruption scandals and splinters within the communist government weigh on the economy.
Six types of European economic trendsRecent EU data shows great divergences in Europe between different countries in economic growth, Karlsson writes.
Jobless claims surge by 78,000Jobless claims rose unexpectedly as initial claims jumped back above the closely watched 400K level.
Obama's grand bargain: broaden the base or tax the rich?If Republicans won’t budge on raising tax rates but insist on broadening the base, Reich writes, Democrats should take aim at the biggest tax loophole of all for America’s wealthy: the preference for capital gains.
Jobless claims hit 18-month high thanks to Superstorm SandyJobless claims ticked up to 439,000 last week – the highest level in 18 months. Why the spike? A large number of jobless claims were filed in states damaged by Superstorm Sandy, according to the Labor department.
Facebook stock jumps even as lockup period expiresFacebook stock soared over 7 percent despite more than 850 million shares in the company being freed up for sale. Facebook stock was expected to take a dive Wednesday, when the company's biggest lockup period preventing insiders from selling the stock expired.
Bipartisan politics: 'Flexibility is patriotic.'Most of the time moving forward is the ideal scenario - except for those times when we need to preserve tradition and regroup, Brown writes.
Nutella tax: Is France taking austerity too far?Nutella tax is aimed at reducing unhealthy ingredients in French food. But by taking on a French favorite, the Nutella tax is spurring a backlash.
Shop and save on tax-free holidaysKeep track of the things you need that match your state tax holiday and wait for that holiday to come around again before buying, Hamm writes.
Stocks slide as impasse over budget deficit loomsStocks fell sharply Wednesday despite a signal from the Federal Reserve that it could launch a program to speed job growth.
Tim Tebow and TiVo: Jets QB gets a new endorsementTim Tebow will be the new spokesman for DVR maker TiVo, and 'not just because the name sounds cool.' Tim Tebow will appear in six new commercials for TiVo, starting later this month.
Obama's grand bargain: economy first, deficit secondAny 'grand bargain' to avert the fiscal cliff should contain a starting trigger that begins spending cuts and any middle-class tax increases only when the economy is strong enough, Reich writes.
Mortgage rates down from last weekThe average rate for a 30 year fixed rate mortgage decreased 6 basis point to 3.43 percent since last week, according to the Mortgage Bankers Association's weekly applications survey.
Walmart Goodies: retail giant goes gourmetWalmart has launched Goodies, a monthly food service that delivers boxes of gourmet food samples to subscribers for the Walmart-cheap price of $7 per month. Can Goodies help Walmart attract a new customer base?
Fiscal cliffs, loopholes and entitlements: The truth behind politicians' favorite buzzwordsWhen Congress has tough decisions to make, they trot out euphemisms like fiscal cliff, tax loopholes and entitlements, Gleckman writes.
