All Economy
Will Romney's veep choice help focus the rhetoric on 'big issues?'There has been a lot of (hopeful) talk in the past week that Romney's choice of Paul Ryan, a so-called "thinker" in the Republican party, will lead to more substantive debate. But Robert Reich thinks Romney’s choice won’t usher in a “real debate” about much of anything.
Chinese city offers hybrid subsidy to boost salesNew-car buyers in China are very price-sensitive, this attitude has caused hybrid sales to stagnate in the country, due to the high sticker price. The city of Guangzhou is now offering price subsidies to try to boost sales of the cars.
Don't have a payment? You should rent, too.Down payments are part of the home buying process. But if you don't have the cash in hand, you may be required to buy private mortgage insurance. That expense is going to add up. You might actually be better off renting.
Stocks edge up: Apple hits record high; Facebook, record lowStocks on the S&P 500 index are close to a four-year high while a closely watched fear index briefly touches five-year low.
Oil prices hit three-month high. US eyes oil reserves.Oil prices jump to $96 a barrel, the highest level since May, on improved prospects for the economy. Obama administration says tapping strategic oil reserve is an option.
Have we survived the Facebook lockup expiration?While the Facebook IPO launch was less than the smash success no doubt CEO Mark Zuckerberg hoped it would be, the price of stock has sunk in such a way that it might actually be ready to start rising again.
FAQs about recent analysis of the Romney tax planIn a question and answer format, a new paper analyzes some of the recent issues raised by the Tax Policy Center's review of the Republican presidential candidate's tax plan. Mainly, the authors reemphasize their conclusion that the plan cannot meet all of Romney's stated criteria.
Good news for Leaf fans: Newer model is cheaper, has longer rangeA new report out from Japan suggests that the new Nissan 2013 Leaf with offer a longer range, as well as a lower-cost model with a smaller battery pack. the car goes on sale in January, and will differ from units currently available in the US.
If you're planning on moving in the next five years, rentIf you think you want to buy a home, you should first consider how long you plan to stay in the area. If you think you might move again in the next few years, it's a better plan financially to simply rent, as the first five years are the hardest for building up equity.
Dunkin' Donuts app: Swipe a card? That's so passé.Dunkin' Donuts app saves a few seconds off each transaction. Customers who use the Dunkin' Donuts app have their smartphone scanned.
Dollar Tree earnings up 26 percent. Shares fall.Dollar Tree earnings beat analysts' estimates and revenues nearly meet estimates. But Dollar Tree investors send shares down 1.8 percent.
Companies paid CEOs more than they paid in taxesIn all, 26 companies paid their CEOs more in 2011 than they paid in 2011 federal taxes. A new study says Citigroup, Abbott Labs, and AT&T, among others, paid CEOs more than they gave to Uncle Sam.
Romney pays at least 13 percent in taxes. Is that low or high?GOP candidate Romney says he's paid at least 13 percent in taxes every year for a decade. In 2011, he made about $21 million. Middle income families, making from $50,000 to $75,000 a year, average 12.8 percent.
S&P closes near four-year highStocks rise on positive Cisco earnings and a housing report that points to future growth. Wal-Mart and Facebook shares fall.
More valuable than money or posessionsWith financial stability, often comes a renewed focus on the more important things in life: friends, family, happiness. And in turn, appreciation of these intangibles pushes us to build a a life that can be fulfilling without excess monetarily.
Germany debates plan to pay stay-at-home momsGermany's conservative coalition is pushing to pay moms who stay home to care for children ages 1 to 3. Opposition parties are outraged, calling the plan an antiquated take on family politics.
GE 'Skypump' charges electric cars with wind powerAlmost a year after they officially announced it, GE and vertical axis wind turbine company Urban Green Energy have announced the installationsource of the Sanya Skypump, a wind-powered charging station capable of recharging an electric car on wind energy.
Wal-Mart rethinks overseas strategy, nixes planned storesWal-Mart will slow its growth in China and Brazil in an effort to make current stores more profitable.
Debt collectors: Why are they so abusive?Debt collectors have few restrictions and perverse incentives to use extreme measures on debtors. Here are five of the worst abuses by debt collectors.
Tax reform, up close and personalThe District of Columbia Tax Reform Commission sat down recently to tackle one of the biggest issues of our time. Such reform is hard, in large part because the characteristics of a good tax system are inconsistent.
