All Economy
- International investors hot on ... Zambia?
Investors bombarded Zambia's debut international bond offering, with demand outstripping supply of the debt by 15 times, and leading to an unusually low rate of borrowing for an African sovereign.
Tim Pawlenty ditches Romney campaign for Wall StreetTim Pawlenty has resigned as a national co-chairman of Republican Mitt Romney's presidential campaign to take a job as a Wall Street lobbyist. An early presidential candidate, Tim Pawlenty will not run for governor or Senate in Minnesota in 2014.
Discounts for hybrids down in SeptemberNew data from CarWoo, a site that lets buyers anonymously get quotes on new cars, shows that discounts on several hybrid car models are among the lowest across all deals offered during September.
The 47 percent: a case studyGleckman profiles a single mom who likely owes no income tax thanks largely to the Earned Income Tax Credit and the Child Tax Credit.
Can Mexico reclaim title as region's largest economy from Brazil?Mexico was once Latin America’s darling, but in the past decade Brazil has far surpassed it as commodities drove economic growth. President-elect Peña Nieto is eager to reposition Mexico.
Mortgage rates fall to record low 3.49 percentMortgage rates for 15-year agreements fell to a new record low this week, and the average 30-year rate touched its record low. Mortgage rates matched their lowest level since long-term mortgages began in the 1950s.
Unemployment claims decline by 3,000Initial and continued unemployment claims declined slightly as seasonally adjusted initial unemployment claims remained just below the closely watched 400K level.
Married? Combine health insurance with your spouse.It may be cheaper for married couples to share a family plan instead of maintaining two separate health insurance plans, Hamm writes.
Microsoft Corp. raises dividend 15 percentMicrosoft Corp. quarterly dividend will be 23 cents. Shares of Microsoft Corp. fall slightly.
47 percent vs. 1 percent: the emergence of tax-class warfareFrom Mitt Romney's 47 percent gaffe to Warren Buffett's secretary's tax rate, this election is about taxes and who will be saddled with paying back America's huge debt.
- Starbucks debuts single-serve brewer, competes with Keurig
Starbucks will start selling the Verisimo, a single-serve brewer, online this week for $199. Announced earlier this year, the Starbucks Verismo comes amid intensifying competition in the piping hot market for single-serve brewers and the coffee pods they use.
Is CO2 a latent gaseous gold?It's widely considered an unwanted emission, but the carbon dioxide that spews from smoke stacks and cars may be worth something someday, Ingram writes.
Town's rental ban against illegals gets new court hearingTown's rental ban was ruled unconstitutional in March. But a US Appeals court reheard the argument's for and and against the Texas town's rental ban Wednesday.
China manufacturing slows. Asian stocks fall.Chinese manufacturing is still contracting, but HSBC flash PMI suggests that the sector is starting to stabilize. Shanghai, Hong Kong, Tokyo, and Australian exchanges all fall after weak Chinese manufacturing data.
- Forbes 400 richest: Are they leaving rest of America behind?
The new list of Forbes magazine's 400 richest Americans shows their wealth is up 13 percent thanks to rising stock and home prices. That has helped others, too. But many don't feel it.
Cybersecurity bill: Why senator is taking his case straight to top CEOsAmid opposition from business groups to a cybersecurity bill, Sen. Jay Rockefeller is writing CEOs of the nation's top 500 companies for their views 'without the filter of Beltway lobbyists.'
Breaking down the 47 percentMarron highlights a previous blog post where he explains why almost half of Americans pay no federal income tax. The repost comes in light of a leaked video of Republican presidential nominee Mitt Romney commenting on the 47 percent.
Alexander Ovechkin joins Russian team. No NHL hockey this year?Alexander Ovechkin and other NHL stars are signing up to play abroad as the NHL lockout continues, with no end in sight. The lockout is the league's second in eight years, as owners and players like Alexander Ovechkin argue over how to share $3.3 billion in revenue.
Good housing numbers lift stocksStocks rose Wednesday after the release of two encouraging housing reports. Stocks of homebuilders rose sharply while the gains for broader stock indexes were muted.
Time vs. money: the saver's dillemaSome cost-saving activities just aren't worth the time investment, Hamm writes. The ideal situation is to find the frugal practices you enjoy completing.
