All Economy
Economic growth lurches to 1.5 percentThe economy grew at a disappointing 1.5 percent in the second quarter of 2012, well below the pace needed to reduce unemployment.
Ford Escape recall: Sticky gas pedal affects Mazda Tributes, tooFord Escape recall involves a potential problem in 485,000 Ford Escapes from the 2001-04 model years and linked to several accidents and one fatality. Besides the Ford Escape recall, Mazda is recalling 217,000 Tributes from 2001-06 and some 2008 models for the same problem.
The world needs a new currencyThe current dollar-based system is broken and can't be repaired, despite the efforts of governments and central bankers. A new currency and monetary order would fix the problem and boost growth.
Chevy Volt wins drivers' hearts, gets top marks in satisfactionChevy Volt owners are happier with their cars than any other compact owners in the US, according to a recent survey. The Chevy Volt garnered top marks across a wide range of categories, including performance, style and comfort.
Can tax credits help small businesses grow?Investment tax credits are gaining steam among Minnesota lawmakers, but entrepreneurs are less enthusiastic.
Do higher education tax credits make sense?Higher education is a good investment, and getting kids through school should be a top priority. But how should the government pay for it?
30-year mortgage rates fall to new record low 3.49 percent30-year mortgage rates just keep falling. This week, 30-year mortgage rates dipped to a new record, below 3.50 percent for the first time on records going back 60 years.
Is it time to give up on Microsoft?The disappointment of Microsoft's new Windows 8 operating system has rippled its way through the tech community – and investors are opting out.
Airbus A350 plane production delayed. What's the holdup?Airbus A350 production will be set back a few months until the beginning of 2014, the Airbus parent company said Friday. The Airbus A350 is meant to compete with Boeing's 787 'Dreamliner' jet fleet.
Chick-fil-A dilemma: Uphold principles – or just sell chicken?Chick-fil-A president's public criticism of gay marriage have sparked a firestorm that could cut into the fast-food chain's profits. Boston's mayor and a Chicago alderman have vowed to fight the opening of Chick-fil-A restaurants in their cities.
Facebook's earnings disappoint investors, match predictionsIn its first earnings report as a publicly traded company, Facebook indicated its growth is slowing and profit margins are smaller than last year at this time. One analyst says, 'Facebook is no Google.'
Toyota is sales king. Again.After a rough year that included an earthquake, devastating flooding, and a high-profile recall, Toyota has regained its throne as the top-selling car company in the world for 2012.
Dueling tax bills: What each Senate proposal means for youSoon, the Senate will vote on the first of two competing efforts to temporarily extend tax cuts passed between 2001 and 2010. Neither the Democratic nor Republican measures will pass in the hyper-partisan Senate, but it is instructive to see how the measures stack up.
Penn State: Insurance firm pulls ads. Will others follow?Penn State football loses State Farm's insurance ads for home games as General Motors reconsiders sponsorship deal with Penn State. Insurance firm says move was 'the best decision.'
Why America needs high-speed railsAs the US population grows, more transportation options will become vital in densely packed sections of the country. High speed rail (HSR) may be the best answer.
Falling retail sales could spell recessionIt looks like the US economy is headed into another recession. That’s what usually happens when retail sales go down for three months in a row.
Netflix stock plunges on concerns about growthNetflix stock lost 25 percent of its value Wednesday. Analysts say it's growing too slowly domestically. Netflix stock dropped precipitously after last quarter's earnings report.
Bonuses for bureaucrats who help Brits off welfareIn a major push to reduce welfare rolls, the UK is offering local authorities bonuses for meeting specific targets, from reducing truancy to helping individuals find jobs.
London Olympics won't save the UK's economyThe London Olympics will bring tourism money and higher prices, but it won't be enough to ebb the tide of economic decline for Britain.
Even Senate Democrats may keep dividend taxes lowVoting this week to let tax cuts expire for the wealthy, Democratic senators are likely to make a curious exception for taxes on dividends.
