All Economy
Mortgage rates fall to new recordsMortgage rates for 30-year loan now stand at 3.78 percent. Fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.
Energy development in the Arctic: the good and the badAs Shell makes preparations to send offshore drilling rigs into the Beaufort and Chukchi Seas north of Alaska, it's important to walk through the history of energy exploration in the Arctic.
Obama and Cory Booker: Fairness is essential to growthFairness isn’t inconsistent with growth; it’s essential to it. The only way the economy can grow and create more jobs is if prosperity is more widely shared.
Facebook IPO: Six key dates in its debacle Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
Welcome to Twitter, Goldman Sachs!Goldman Sachs sent its very first tweet Thursday. Six Twitter tips for the company.
To cash in on a rebate, fill it out immediatelyRebates work brilliantly – for companies, that is. But filling them out and mailing them back right away reduces the chance you'll forget about the rebate and lose out on discounts.
Plug-in solar panels: Worth the cost?At this stage, plug-in solar panels are so early in their development that their quality and effectiveness are questionable. But the idea has potential.
Facebook IPO: The end of an eraThe failure of Facebook's public debut may signal the end of the pie-in-the-sky tech start up, as well as the possibility that the post-crisis recovery rally is screeching to a halt.
Gas prices lower on Memorial Day: How much will you save?Gas prices have fallen an average 27 cents a gallon since April and are 12 cents lower than last Memorial Day. With gas prices down, experts predict more Memorial Day travel, dining, and shopping.
Herbert Hoover's bad rapThough Roosevelt gets credit for saving the nation, Hoover was far from a 'do-nothing president.'
Home prices increaseIn March, home prices increased 1.78 percent since February, rising 2.69 percent above the level seen in March 2011.
Europe can strengthen Greece without weakening GermanySome experts warn that Greece can't reduce its current deficit unless Germany and other better-off nations reduce their surpluses. Here's why they're wrong.
Vacation deal for your dog? Website offers pet hosts.Vacation deal: Website offers screened individuals who will care for your dog in their own home. Average cost of vacation deal: $25 to $30 a day.
Curt Schilling fires staff at video-game firmCurt Schilling fires staff of 300 in Rhode Island, which had given a $75 million loan guarantee to the video-game company. Curt Schilling fired staff with an e-mail that thanked them for dedication but claimed an 'economic downturn' had hit the company
Turning the 'fiscal cliff' into a gentle slopeEconomists and policymakers worry that the recovering US economy won't be able to handle the amount of deficit reduction headed its way in the coming months. It can;t be avoided, but it can be made easier to overcome.
HP jump boosts Dow; stocks mixedHewlett-Packard helped pull the Dow Jones industrial average to a slight gain Thursday, giving the index only its fourth gain this month. The Dow closed up 33 points at 12529.
No more big TV discounts? Samsung and Sony push to control pricing.Samsung and Sony, two of the world's biggest television manufacturers, have begin setting minimum retail prices on their sets.
Obama should attack what Bain and JPMorgan have in commonRather than lobbing generalized attacks at Mitt Romney and American business, Obama should attack a particular kind of capitalism that Romney and JPMorgan both practice: using other peoples’ money to make big bets which, if they go wrong, can wreak havoc on the economy.
Unemployment claims dropSeasonally adjusted 'initial' unemployment declined to 370,000 claims from last week’s revised 372,000 claims while 'continued' claims declined by 29,000, resulting in an 'insured' unemployment rate of 2.6 percent.
A path forward on tax reform: 4 stepsTax reform will be difficult, but with a four-step road map, it can be done.
