All Economy
- Free summer fun? Check your local college.
Colleges and universities offer concerts and lectures throughout the year, and you don't always have to be a student to partake. Just check your local college or university's calendar.
- Facebook stock: How it's fared since IPO
Facebook stock fell for the third straight day Friday. How has the stock done since its debut? A look at Facebook stock's first 30 trading days on the market.
- Gas prices lowest since January, but oil soars
Gas prices hit a $3.35 national average – the lowest since Jan. 6. But oil prices soared Friday, hinting that gas prices may be back on the way up.
- Game changer: Justice Roberts switches teams
The Court’s majority, made possible by Chief Justice Roberts' surprise decision, has given a huge victory to the Obama administration and, arguably, the American people. The Affordable Care Act is still flawed, but it is also a milestone.
- World markets surge after Europe finds rescue plan
Financial markets around the world jumped higher Friday with the Dow Jones industrial average climbing 277 points, closing at 12,880, and the Standard & Poor's had its best day of the year. Stocks advanced even further in Europe.
- Verdict’s in: SCOTUS upholds passel of health care tax provisions
The Supreme Court has ruled that Congress can require people to either have health insurance or pay a tax if they don’t. The political fate of the Affordable Care Act remains to be seen, of course, but at least we know it is constitutional.
- Oh, the irony: Obama and Romney, and that infamous mandate
Mitt Romney, who is against the White House's health care act, actually implemented a similar plan in Massachusetts. President Obama pledged not to raise taxes on the middle class, but the Supreme Court has ruled the plan will essentially do just that.
- 'Tax': The dirtiest word of them all
Our favorite mother and tax expert thinks it's a tad ironic that the authors of the health care legislation worked so hard to avoid the term “tax,” yet taxing is one of the most appropriate things the government can do, and ultimately saved the act.
- Hitting the road for July 4th? 7 ways to save on rental cars.
Checking for recalled models and not overpaying for gas are good ways to ensure that renting a car isn't a ripoff.
- Fixed-rate mortgage interest rates remain flat this week
Results of a weekly survey covering all residential mortgage originations shows the average rate for a 30 year fixed rate mortgage went flat since last week while the purchase application volume declined 1.0 percent.
- The May correction: Thursday's losses were good. Seriously.
The market may have sold off more after the Supreme Court's decision on universal healthcare today, but it was down anyways, says Joshua Brown. Spanish bond yields and Germany's employment numbers meant a risk-off day regardless.
- Gold prices drop after Obamacare ruling, Euro summit
Gold prices for August delivery fell $28 to finish at $1,550.40 an ounce. Gold prices and other commodities fell after after the US Supreme Court ruling on health care and a European summit meeting heightened concerns about demand for basic materials.
- Retirement: What's the best investment option?
Retirement saving can seem daunting, especially with the wealth of options out there. Which is best for you? Retirement is question 10 in this week's mailbag.
- Emancipation Proclamation fetches $2.1 million at auction
Emancipation Proclamation original copy, signed by Abraham Lincoln, sold at a New York auction for $2.1 million Wednesday. It's onlt the second highest priced Emancipation Proclamation copy.
- Health reform cost is complicated, both sides ignore facts
Health reform cost is one complicated issue, according to Stefan Karlsson. But for those arguing that Obamacare decreases American freedoms, our analyst only has one word: Medicare.
- Jobless claims numbers show small declines
Jobless claims for the week show declines in both initial and continued unemployment claims this period, while seasonally adjusted initial claims remained below the closely watched 400K level.
- Stock market hiccup: not so much about health-care decision
But some investors still grumbled that the Supreme Court's health-care decision might dampen business confidence and inhibit companies from hiring new workers.
- The biggest fraud in economics is ... economics?
What’s the point of having an economy, asks Bill Bonner? It makes no sense to waste trillions of dollars’ worth of resources just to “protect the economy,” he says. The whole point of an economy is to create more stuff, not to waste it.
- Louis C.K.: Comic ditches Ticketmaster, sells $4.5M in tickets
Louis C.K. is selling every seat in every city for his upcoming standup comedy tour for a $45 flat rate, including sales tax. Tickets are only available through his website. It's been three days, and Louis C.K.'s tour is all but sold out. Is he changing the way we buy entertainment?
- Philadelphia Mint reveals how it makes 12 pennies per second
Philadelphia Mint reopens to the public with a $3.9 million self-guided tour. This was the first update to the Philadelphia Mint tour since 1969.