All Economy
- Toyota recall: 670,000 Priuses in US are part of global recall
Toyota recall involves some 2.8 million vehicles worldwide, including 2004 to 2009 Priuses sold in the United States. Faulty steering shafts and water pumps prompted the latest Toyota recall.
- Home Depot gains hint at housing market recovery
Home Depot shares rose nearly 4 percent Tuesday after the home improvement company beat earnings expectations in the third quarter. Glimmers of a housing market recovery and preparations for Superstorm Sandy contributed to Home Depot's strong perfomance.
- Avoid the lure of the checkout aisle purchase
Grocery stores purposely stock the checkout aisle with things that are perfectly selected for you to just toss on the conveyor without a second thought.
- $53 million scam. Reagan's hometown robbed. Guilty plea?
$53 million scam could result in guilty verdict by former comptroller of Dixon, Ill. Prosecutors say Rita Crundwell's $53 million scam let her fund successful horse-breeding operation.
- Home Depot soars, stocks fall in uneven trading
Home Depot earnings beat expectations, sending its stock up 3.6 percent. Despite signal of housing recovery from Home Depot results, 'fiscal cliff' in US and postponement of aid package for Greece drag down broader market.
- Beware of misdirection in debate on taxes
No tax increase on the super-rich will even put a small dent in the US tax shortfall, Dr. Cornwall writes.
- Food stamp use jumps in August
420,863 new recipients were added to the food stamps program in August 2012, with the current total increasing 2.86 percent on a year-over-year basis.
- Bernard Madoff lawsuits end with $210M settlement
Bernard Madoff victims will get $210 million in a settlement reached by the bank BNY Mellon. The settlement is expected to mark the end of lawsuits stemming from the Bernard Madoff scandal and return nearly all of the original investments to those who were defrauded.
- Obama should aim high in deficit negotiations
By raising taxes on wealthy Americans, eliminating breaks for oil and gas companies and other measures, Obama could meet the goal of $4 trillion in deficit reduction over the next decade, Reich writes.
- Stick to the shopping list
There are temptations abound in a grocery store, and unlike other stores, it’s reasonable to convince yourself that you 'need' these things, Hamm writes.
- Budgeting for entrepreneurs
While setting budgets may seem like a relatively simple process, it can profoundly impact on the culture of an entrepreneurial firm, Dr. Cornwall writes.
- Stocks barely move as fiscal threat looms
Trading was light Monday as stocks closed without much change. Investors' anxiety about the approaching fiscal cliff held stocks in place.
- California now a liberal Democratic one-party state
The most recent election illustrates a greater shift to the left in California, Karlsson writes.
- Washington dances away from the fiscal cliff
Democrats and Republicans may say they're far apart, but both sides are looking for a deal on the fiscal cliff, Gleckman writes.
- Recession is a real probability
A new recession probability indicator seems to give a clear, though preliminary, indication of probable recession, according to SoldAtTheTop.
- Democrats, Republicans play economic chicken over taxing the rich
Democrats and Republicans are now maneuvering to maximize their bargaining leverage when they sit down next year to decide whether or not to increase taxes on wealthy Americans, Reich writes.
- Hostess Brands strike puts Twinkies maker in jeopardy
Hostess Brands factory workers nationwide are on strike, protesting a contract that would cut wages and drastically reduce benefits. Hostess Brands warned in a statement last week that a widespread strike would prompt the company to liquidate and lay off the bulk of its workforce.
- The election is over. What happens to all that campaign cash?
An estimated 5.8 billion was spent on the 2012 election. Where can candidates spend their leftover money? What is off limits?
- Suzuki cars leave the US. So should you buy one?
Suzuki recently announced it will stop selling cars in the US, and now there are bargains galore on new Suzuki models. But are there any drawbacks to buying a car from a defunct automaker?
- Black Friday 2012: best laptop deals so far
Black Friday is a time for great laptop deals. Here are the best laptop deals so far in leaked ads for Black Friday 2012.