All Economy
- Rare Alaska $5 bill up for auction. Worth up to $300K.
A rare Alaska $5 bill depicting President Benjamin Harrison will go up for auction in Dallas. Owned for generations by the family of Vice President Charles Fairbanks, the rare Alaska $5 bill is expected to fetch between $200,000 and $300,000 at auction.
- Employers add 162,000 jobs in September
Private employment in the U.S. improved in September according to ADP's National Employment Report.
- Jobless claims hit 367K last week
Jobless claims in the US increased last week by 4,000, to a seasonally adjusted 367,000. Economists say the rise in jobless claims is no indication that the labor market is crumbling.
- Mark Zuckerberg: Facebook tops 1 billion users
Facebook has topped 1 billion monthy users, according to CEO Mark Zuckerberg. But Facebook's rocky IPO and questions about its profitability haven't made an easy few months for the social networking site, Mark Zuckerberg said.
- Car sales are up, but so are prices
Richard Read has good news and bad news. The good news? Car sales numbers are soaring. The bad news? That means you won't be finding good deals on cars anytime soon.
- Stocks up despite Hewlett-Packard plunge
Stocks rose slightly Wednesday despite a drop in energy stocks and Hewlett-Packard's 13 percent drop in stock price.
- How much would you pay for an electric charge valet?
Providing valet charging to electric car owners could create jobs and tackle politically sticky questions about electric-car charging etiquette, Gordon-Bloomfield writes. But will drivers pay for it?
- Presidential debate: the questions they should (but won't) ask Obama, Romney
What would happen if Robert Reich moderated a presidential debate between Barack Obama and Mitt Romney? Reich offers his thoughts on what questions Romney and Obama should be asked in Wednesday's presidential debate.
- T-Mobile, MetroPCS merger confirmed
T-Mobile USA and MetroPCS Communications are set to merge, in a deal that will create an operator with more than 40 million subscribers. Both T-Mobile and Metro PCS have struggled in the highly-competitive US cellphone market.
- ADP: US added 162,000 jobs in September
ADP survey showed that US businesses added fewer workers in September than August, a sign that slow growth may be holding back hiring. The economy added 162,000 jobs last month, down from 189,000 in August, according to ADP.
- Can the fiscal cliff push Congress to agree on budget deal?
Gleckman asks: Will it take the fear of a financial market collapse and a cliff-driven recession to change the karma on Capitol Hill? Or, can Congress find an easier route to fiscal sanity by ducking the coming showdown?
- Kraft spinoff splits food giant in two
Kraft spinoff of its global snack operation will mean that brands including Oreo and Nabisco will be under a new label called Mondelez International Inc. The North American grocery division will carry the Kraft name after the Kraft spinoff and include Velveeta, Miracle Whip and Oscar Mayer.
- LinkedIn 'influencers': Obama, Romney offer insight in new feature
LinkedIn is launching 'influencers,' a feature that will encourage users of the professional networking site to sign up to follow the musings and advice of a panel of luminaries including Barack Obama, Mitt Romney, and Richard Branson. LinkedIn hopes the feature will help it extend its clout beyond the help-wanted market.
- Make your honeymoon memorable, but don't break the bank
Keep your honeymoon focused on the two of you and you’ll leave with a healthy financial base for your marriage, Hamm writes.
- The sad, sorry state of US roads
Something has to change about the nation's crumbling infrastructure, Read writes. What would you do?
- Weak demand for fertilizer tugs at stocks
A drop in demand from China and India hurt the profits of Mosaic, the US's largest fertilizer company. But utilities and health care stocks helped pull the S&P 500 above the break-even mark.
- Waiting is the best part: how anticipation can save you money
Instead of buying something right when you want it, Hamm suggests delaying your gratification. The result is more money in your pocket and a greater appreciation of the products you have.
- Peanut butter recall expands to 101 products, major stores
Peanut butter recall in 30 states now includes other nut products from manufacturer Sunland, Inc., which may be linked to a salmonella outbreak. Several major retailers, including Whole Foods and Target, have pulled products as part of the expanded peanut butter recall.
- Ben Bernanke 'dazzles' with speech on unemployment
Economy bloggers praised Ben Bernanke's speech Monday for being unapologetic in laying out the Federal Reserve's short-term objectives to lower unemployment, Brown writes. The speech is worth the read for anyone interested in Bernanke's views on monetary policy, Brown writes.
- Turn off the computer and start your business
Even before they generate their first dollar of revenue many entrepreneurs seem to become obsessed with working “on the business,” Cornwall writes. It often seems as if they aren’t able to pull the trigger and actually launch the business.