All Economy
- Stocks snap losing streak
Thursday was the best day for US stocks since Sept. 13, when Federal Reserve Chairman Ben Bernanke announced further steps by the central bank to speed the economic recovery. Stocks were also helped by speculation that the central bank of China will act soon to help the world's No. 2 economy.
- Think the corporate tax system is broken? Go ahead, try to fix it.
To offset the costs of cutting corporate tax rates, policymakers will need to roll back tax preferences, each of which has powerful defenders, Marron writes. To illustrate the challenge, Marron highlights a tax reform calculator from the Committee for a Responsible Federal Budget.
- Census: Home sales drop slightly in August
Home sales dropped 0.3 percent since July 2012 but rising 27.7 percent above the level seen in August 2011, according to the US Census Bureau.
- What you can expect from 4G LTE coverage
4G LTE smartphones offer extremely fast downloads, but quality of 4G LTE connection depends on your smartphone, carrier, and location.
- Unemployment claims plunge to two-month low
Unemployment claims drop 26,000 to a level of 359,000, the lowest in nine weeks. At this level, unemployment claims typically point to a lower unemployment rate.
- Student loan debt hits record 1 in 5 US households
Student loan debt has reached a record 1 in 5 US households, with the biggest burdens falling on the young and poor. Because of the sluggish economy, fewer college students than before are able to settle into full-time careers immediately upon graduation, contributing to the jump in student loan debt.
- Mitt Romney: a compassionate conservative?
Can Mitt Romney recast himself as a compassionate conservative in an effort to boost sagging poll numbers? Reich argues it's too late.
- Coppertone settlement: 'False' sunscreen claims cost $3M to $10M
Coppertone settlement has been reached by parent company Merck, bringing a decade-old lawsuit to a close. The lawsuit alleged that Coppertone made false claims about its sunscreen, and the Coppertone settlement will cost Merck between $3 million and $10 million in payouts.
- GDP growth revised down to 1.3 percent
GDP growth in the second quarter was even more sluggish than previously reported. Effects of drought on farms was the biggest factor for the GDP revision.
- World markets recover as Spain, Greece brace for austerity
Th mood in the financial markets improved slightly Thursday, though investors remained concerned about violent protests in Greece and Spain over planned austerity measures. Worries that the Spanish government is losing control continued to hurt that country's markets.
- The inexpensive power of a simple love note
Love notes are an easy and cost-effective way to let a special person in your life know that you care, Hamm writes.
- Flight attendants fight? No, a tiff. Jet still returns to airport.
Flight attendants fight – verbally, anyway – causing a United plane to return to Raleigh and the flight attendants replaced. United to pay passengers for inconvenience.
- NFL referee deal reached. Back to work Thursday
NFL referee deal is still up for a vote, but the union referees will be back officiating Thursday night's NFL game. The NFL referee deal frees the NFL from paying the referees' pensions, but includes generous 401(k) contributions and pay increases.
- Mitt Romney tells voters: If I'm elected, don't expect huge tax cuts
Mitt Romney provided nuance to his proposed tax cuts, saying they must fit his goal of reducing federal deficits. But left unanswered is the question of how this will affect the middle class.
- Time to refinance your mortgage? Rates hit historic lows.
Mortgage interest rates are at their lowest point since records have been kept. Last week, some 81 percent of the loans made were refinancings, according to the Mortgage Bankers Association.
- The ultimate cruise control: California OKs driverless cars
California Governor Jerry Brown signed a bill Tuesday that officially allows driverless cars on public thoroughfares. Driverless cars are coming, whether we like it or not, according to the Car Connection.
- Europe unrest reverberates on Wall Street
A dip in home sales and unrest in Europe sent stocks sliding Wednesday, extending the longest losing streak for the S&P 500 since mid-July. European stocks had their worst day in months as unrest threatened to boil over in Greece.
- Spain's troubles worsen, sparking new phase for euro crisis
Spanish stock prices fall 3 percent Wednesday as Spain's bond rates rise above 6 percent and demonstrators take to the streets to protest anticipated cuts in government spending.
- Sharing the plug: the evolving etiquette of charging stations
Gordon-Bloomfield explores the brave new world of electric car charging station etiquette.
- Bill Belichick fined $50,000 for ref grab
Bill Belichick, head coach for the New England Patriots, was fined $50,000 by the NFL for grabbing an official's arm. In addition to Bill Belichick, three other NFL coaches have been fined for their conduct towards replacement officials.