All Economy
- Dr. Doom 2013 prediction: Economy will stall
Dr. Doom 2013 prediction – alias economist Roubini's forecast – contradicts expectation that US economic growth will pick up. But he correctly called the 2008 debacle, so the 'Dr. Doom' 2013 prediction gets plenty of attention.
- Cadillac to build flagship sedan for full-size luxury market
Cadillac reportedly plans a sedan for 2015 that can take on the Mercedes S-Class and BMW 7-Series.
- Tax cut plan: If it fails, average tax bill to rise $1,600
Tax cut plan in Congress calls for a one-year extension. But if Republicans, Democrats can't agree, taxes will rise, especially for wealthiest families.
- Want a BMW for an hour? Carmaker's rental service to debut in US.
BMW On Demand, available since 2010 in Germany, is coming as a pilot program in New York City. No word yet on pricing.
- Junk bonds spawn optimists, pessimists. Are they both right?
Junk-bond market's growth signals underlying strength – or a bubble, depending on who you believe.
- Second day of triple-digit losses for stock market
Dow falls 101 points as concerns about Spain's borrowing costs and China's growth rise. Spain bans short-selling.
- You're a small firm? Don't rush to be big.
Don't add a big business structure too soon. Smallness has its advantages.
- How much do you really make? Calculate your 'true' hourly wage.
Factor in employee costs, taxes, and extra time and a $25-an-hour job turns out to pay less than $12 an hour.
- Foreclosed homes: Now, they're hot properties
Growing buyer interest is clearing out more than 1.5 million foreclosed homes, clearing out a huge backlog. Interest in foreclosed homes is highest in states hit hardest by housing crisis.
- Hedge fund manager: patient and confident enough to do nothing
Hedge fund manager Seth Klaman runs his practice to avoid the short term in favor of long-term performance.
- Why is Google picking a fight with the mafia?
Last week's Google gathering on how to combat organized crime garnered headlines, but many questions remain unanswered.
- McDonald's profit slip due to slowing global economy, strong dollar
When the US dollar is rising against the other world currencies, companies that do business internationally take a hit when converting local currencies back into the dollar.
- Stock market: Fears of Spanish bailout spook traders worldwide
Stock market falls 1 percent or more in much of Asia and Europe. US stock market set for sharp drop, too.
- Honda recall: Doors won't stay closed on CR-Vs, Acuras
Honda recall affects 321,000 small SUVs and cars worldwide. CR-Vs from 2012 and Acura ILXs from 2013 make up the Honda recall.
- AAA mobile takes bundling to heart, rolls three apps in one
Taking the trend of bundling to heart, AAA roadside insurance has a new update to its mobile service that wraps three of its popular apps into one, streamlined service, making things simpler for AAA members and non-members alike.
- The big trade-off: Do you have what it takes to pay off your debt?
In five years, our personal finance expert and his wife paid off all their debts: some $280,000 all told. It wasn't easy. The family had to make very real and sometimes frustrating sacrifices, but the effort was completely worth it.
- Alan Abelson and his 'Bad-news Bulls'
Somewhere between Schadenfreude Street and I-Told-You-So Avenue, Abelson finds his home turf as a market commentator, ribbing the bulls who've been using bad news as their cue to add even more exposure over the past month.
- Estonian Austrianism
Building off of his previous posts on the recovery of Estonia's economy, Stefan Karlsson explains how one should strive for the GDP to be at least as high and unemployment at least as low as then.
- On the prowl for insight into economists
The folks over at The Daily Reckoning are on a mission. Their treasure? Insight. Insight into why it is that the smartest economists in the world are so stupid. Incidentally, they hope to understand why the GDP is such a fraudulent measure of prosperity
- Freezer burn? No way. Freeze extra staples and save.
Don’t throw extra food away. And don’t shove it into the back of the fridge. Instead, freeze them and use them later. Almost any extra ingredient that you have on hand can be frozen and used in the future. The trick is simply knowing how to freeze the item.