All Economy
- Burger King stock returns to the market
Burger King returns to the New York Stock Exchange Wednesday, two years after being taken private by owner 3G Capital. Only 16 percent of Burger King shares will be available for trading once the company returns to public life.
- Job openings plunge to 5-month low
Job openings tumbled to their lowest point in five months in April, as employers posted fewer positions. The slump suggests job openings and hiring will remain sluggish in the months ahead.
- Will cars ever really run on natural gas?
Natural gas is now significantly cheaper than gasoline, which could make natural gas vehicles increasingly popular. The biggest potential savers: gas guzzlers like heavy duty trucks.
- Got hybrid sticker shock? Just remember, it could always be worse
Even fans of electric and plug-in hybrid cars often complain about their high prices. Some can run into the high $30,000 dollar range. But Americans should remember it could be worse. A hybrid in Australia can run close to $50K.
- Don't let past stuff get the better of your present's wallet
The idea that families "outgrow" their apartment is a common one, but often it's not your space that's too small, it's that your accumulated collection of stuff is too big. Don't let a walk down memory lane become a financial mistake.
- Stocks jump nearly 100 points on hopes of Fed action
Optimistic traders turned their focus back to corporate news from the US as banks and materials stocks led the market higher.The Dow Jones industrial average soared 95 points to 12,837, its highest close in a month.
- Winner takes all: The marketing of Wall Street
The Reformed Broker details his experiences competing for clients against the big guns like Fidelity, battling against marketing campaigns which over the years helped elevate such name-brand firms onto an "exalted plane of existence."
- JPMorgan Chase CEO: Shareholders had risk info
JPMorgan Chase CEO Jamie Dimon insisted his bank did its best to inform investors about its risk strategy preceding its $2 billion-plus trading loss. JPMorgan Chase used risk assessment models that provided the best information at the time, according to Dimon.
- Gas prices drop, following oil's lead
Gas prices across the US continued to drop Tuesday, as the national average dropped below $3.50 a gallon for the first time since February. Gas prices are following oil's price decline, though oil prices ticked up slightly.
- Student loans: 5 steps to pay down your debt Student loans aren't far from your mind if you've graduated. Now comes the hard part: paying for the education that you’ve just completed. Where to begin? Collect all your loan paperwork and then follow these five smart steps to paying off your student loans.
- Just like us: Why Republicans worry about corporate feelings
In the upside-down world of regressive Republicanism, Senator Mitch McConnell thinks proposed legislation requiring companies to disclose their campaign spending would stifle their free speech, a concept Robert Reich finds "bonkers."
- Gains made in homebuilding, but permits still below peak levels
The New Residential Construction Report showed gains in May with single family permits increasing from April. Single family housing permits increased around 4 percent from April, and nearly twenty percent above May 2011 levels.
- Jamie Dimon fields Congress questions on $2B trading loss
Jamie Dimon, the embattled JPMorgan Chase CEO, returns to Congress Tuesday to face more questions about the $2 billion trading loss incurred by the bank. Jamie Dimon is testifying before the House Financial Services Committee.
- Washington elites talk the new 'US empire'
A Washington garden party serves as a think tank hothouse, providing the Daily Reckoning with some interesting insights into the current US situation. Representing a variety of backgrounds, the group was united by a hatred of the US "empire."
- Summer travel: 4 airfare price hikes and how to avoid them
Summer travel can get pricey if one of these common airline glitches drives up the price of a ticket. Here are the most common airfare glitches and the best ways to avoid them, so your summer travel is fairly priced.
- 'Draw Something' on TV: CBS develops game show based on popular app
'Draw Something,' Zynga's popular 'Pictionary'-style mobile app, has been optioned by CBS to be made into a game show. Ryan Seacrest has signed on to help produce the 'Draw Something' TV project, which will feature teams competing in front of a live audience.
- Can Cameron Marlow save Facebook?
Cameron Marlow's group has 12 researchers. They apply math, programming skills, and social science to mine our data for insights that they hope will advance Facebook's business and social science at large.
- Payroll taxes cover about a third of Medicare costs
Many Americans may believe that Medicare is financed like Social Security. They know that a portion of payroll taxes goes to Social Security and a portion goes to Medicare, and they conclude workers are paying for Medicare benefits. This is not true.
- Toll of US recession: Family net worth plunged 35 percent in five years
The typical US household saw its net worth fall from $102,844 in 2005 to $66,740 five years later. Although the data are about 1-1/2 years old, they highlight challenges still facing consumers.
- US stocks meander as European debt crisis festers
US indexes opened lower, then drifted between modest gains and losses. Homebuilders rallied after a measure of confidence rose to a five-year high. The Dow Jones industrial average closed down 25 points, to 12,741.