All Economy
Smoked salmon blamed for salmonella outbreak in US, NetherlandsSmoked salmon tainted with salmonella has sparked a major recall in the Netherlands and the United States. Traced back to a Dutch company, the recalled smoked salmon is only available in the US through wholesaler Costco.
American Airlines: Loose seats prompt emergency landing, investigationAmerican Airlines is being investigated by the Federal Aviation Administration following two incidents in which passenger seats came loose midflight on American Airlines planes in the last three days. The loose seats caused one flight to make an emergency landing in New York.
Markets buoyed by US manufacturing, but Spain is still a dragFinancial markets across the globe continued to ride the wave of good US economic news Tuesday morning, despite concerns in Greece and Spain. In the US, markets are poised for a strong opening, but analysts are waiting for key economic data to be released this week.
Manufacturing rises in SeptemberAt 51.5 the purchasing manager’s composite index (PMI) rose 3.83 percent since August 2012 remaining 1.90 percent below the level seen a year earlier, according to the Institute for Supply Management.
Romney, Obama and the long, partisan road to tax reformWhen it comes to tax reform, there is a lot of common ground, but still many differences, between Romney's approach and Obama's approach, Rogers writes.
September manufacturing growth lifts stocksStocks got a boost from the latest manufacturing report, which showed growth in September. The manufacturing report came out half an hour after trading began, and sparked Monday's jump in stock prices.
Mixed news for August constructionTotal construction spending declined in August 2012 while single family residential construction spending improved, according to the latest data from the US Census Bureau.
What happens if Congress goes over the fiscal cliff? Taxes rise.Americans could face an average tax hike of almost $3,500 in 2013 if Congress goes over the fiscal cliff, Gleckman writes. The looming fiscal cliff poses a major threat for the US economy.
IKEA deletes women from Saudi catalog; draws criticismIKEA, the Swedish furniture retailer, is drawing fire for deleting images of women from the Saudi version of its catalog, a move that IKEA says it regrets.
The looming specter of jobs and debatesWith the first presidential debate on Wednesday and a crucial jobs report on Friday, it's a big week ahead for Obama and Romney. Reich argues that the jobs report will be the biggest election news of the week.
Housing prices: Are short sales in danger?As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.
In (budgetary) sickness and in health: building a financially equal relationshipWhen you commit to someone, you don’t commit to being a lesser or greater part of the relationship, and the same should apply to your pocketbook, Hamm writes.
Unemployment in eurozone stalls at record 11.4 percentUnemployment in countries that use the euro stayed at 11.4 percent in August as more than 34,000 people lost jobs. The record high unemployment rate has renewed concerns that efforts to reduce debts have sacrificed jobs.
Why is British unemployment so low?The British economy is experiencing its worst spell since the 1930s, but unemployment has been relatively moderate. The cause? Low productivity.
US bank websites blocked by hackersUS bank websites of at least half a dozen large institutions have experienced surges and disruption of traffic over the past week. Islamists claim responsibility for blocking US bank websites, but analysts are skeptical.
Natural gas boom in US. Is Russia the big loser?Natural gas resurgence in the United States means lower natural gas prices, more potential for Europe to drill its own natural gas, and a rising threat to Russia's gas exports.
Nissan buys back Leafs under Arizona Lemon LawSome Nissan Leaf drivers are returning their vehicles for a full refund, citing reduced range and battery power. But Nissan insists that such problems are rare, and that Leaf owners are among the country's most satisfied car owners.
An Argentine abroad challenges President Kirchner over currency controlsAt a Harvard University event, Argentina's President Cristina Fernandez de Kirchner responded with gusto to a question about her government's strict currency controls.
US Postal Service defaults. Fate lies with Congress.US Postal Service defaults on $5.6 million payment to US Treasury. Having squeezed costs, postmaster general says future of US Postal Service depends on Congress.
Cover StoryRent or own? The new sharing economy values access over ownershipTo rent or own, that is the question posed by the burgeoning sharing economy. For a growing population engaged in this high-tech, low-cost 'collaborative economy,' access to cars, clothes, cuisine – or even a cat – is better than ownership.
