All Economy
Starbucks stock takes hit, but plan looks solidStarbucks stock falls after the company announced it was going to buy La Boulange bakery chain. But Starbucks stock could benefit by diversifying into food.
A better way? The case for a new kind of tax reformThere is nothing inevitable about the glum estimate set forth in the Congressional Budget Office's latest fiscal policy snapshot. What if Congress retained the level of taxation set by current law, while collecting the money in a much smarter way?
Family vacations on a budget: Yes, you can have it all.Vacations can be a lot of fun, but they can also be really expensive, and one of the biggest travel expenses is food. Our personal finance guru shares some tips to ensure that this summer your family eats well, while staying under budget.
Stocks inch higher as investors await Europe newsThe major market indexes closed modestly higher, after wavering between slight gains and losses throughout the morning. Trading volume was light and the stock moves were small, as the Dow Jones rose rose 26 points to 12,127.
'Bachelorette' lawsuit settled. Can spoilers help reality TV?'The Bachelorette' producers have dropped a lawsuit against blogger Reality Steve. Since he began revealing spoilers of 'The Bachelor' and 'The Bachelorette' on his website, ratings have gone up.
Feeling lucky? Entrepreneurs may need all the luck they can getDr. Cornwall offers up an assessment of the mind-set of the entrepreneurs and the other small business owners with whom he crosses paths. Just a warning: it's not overly optimistic.
Estonia rising: The little country that couldResponding to criticisms of one of the European Union's newest and poorest members, Karlsson argues that even adjusting for fortuitous circumstances along its borders, Estonia's performance the last two years makes it an austerity success story.
Paycheck Fairness Act up for Senate votePaycheck Fairness Act aims to aims to strengthen the Fair Labor Standards Act's protections against paycheck inequities based on gender. The Paycheck Fairness Act is up for a Senate vote Tuesday.
CBO report: US could be the next Greece – in 2037The Congressional Budget Office (CBO) released its annual report, and the US is still facing significant debt problems. What Congress does after November could have a big impact.
- Non-manufacturing business index flat, but industry optimistic
Index indicates that service related business activity went flat in May with the business activity component increasing while the overall non-manufacturing index improved just slightly in April; respondents slightly mixed, but with more positive expectations.
All but three states reject 'pink slime' in school lunchesThe vast majority of states participating in the National School Lunch Program have opted to order ground beef that doesn't contain the product known as lean finely textured beef, or 'pink slime.'
Ready to pop? The subprime student loan bubble balloonsThe feds pay for GIs to go to school. They give grants to the schools themselves. And they hand out hundreds of billions in loans, at low teaser rates to students; sometimes to students who are unqualified and unlikely to get much out of it.
Father's Day gifts: 5 tips for buying a great grillFather's day gifts can include grills for the summer cookout season. Here are 5 things to consider when buying a grill, a perfect Father's Day gift.
European markets lose early gains. Hopes slim for G7 action.Euro STOXX 50 erases gains. Spain says it's shut out of credit markets. Eurozone retail sales, German industrial production fall. G7 finance chiefs confer Tuesday, but analysts expect little concrete action.
Proceed with caution: State of the Exchange Traded ProductsOur Reformed Broker ruminates on the future of Exchange Traded Products (ETPs), which he believes will, at a certain point in the coming decade, completely swamp the mutual fund and ultimately eliminate it from the market.
Calm returns to Wall Street, trading closes with mixed resultsThe Dow Jones average opened at its lowest level since December after a 275-point sell-off on Friday ignited by grim economic signals, especially a dismal report on the labor market. The index closed down 17 points at 12,101.
The distracted driving battle moves to the boardroomWe all know that distracted driving is bad. A growing number of companies know it, too, and they're taking steps to ensure that their employees keep cell phones turned off when they're behind the wheel.
NFL replacement refs: Cautious league to start hiringReplacement refs could include retired college referees or even current ones. Since contract talks with regular referees continue, the NFL will start training sessions for replacement refs later this month.
Blessing and a curse: countries struggle with oil resourcesWhere drilling used to be in established areas, like Texas, Saudi Arabia, and Russia, it is now moving offshore, leaving some to wonder whether the institutional capacities of these countries and regions are sufficient to avoid the resource curse.
Using '16 ounce cup' logic to reduce your personal spendingMayor Michael Bloomberg's proposed ban on large sugared drinks has got our personal finance expert thinking about limits. The less you listen to immediate impulses, he says, the more you’ll do for your long term financial health.
