All Economy
- Facebook shareholders selling more shares
Facebook stockholder and hedge fund Tiger Global has decided to sell more than 23 million shares, up from 3.4 million a day earlier. Other big sellers of Facebook shares include Goldman Sachs, a Russian billionaire, and two Facebook insiders.
- How Greek economic woes could help US consumers
Fears that Greece may default on its debt are spurring interest in US Treasury bonds, driving down interest rates on mortgages and auto loans – but not (alas) for credit card debt.
- Will a dividend tax hike lower stock values?
If current law isn't changed, then there will be a big increase in the taxation of dividends in the US next year, something that will send stock prices lower.
- Greek turmoil causes US stocks to slide
The Dow lost 33 points to close at 12598, continuing its rocky performance during the month of May.
- 20 ways to save on your summer vacation
Your summer vacation doesn't have to break the bank. By being flexible in your travel plans, checking multiple sites for deals, and dining out less, you can save a bundle on your getaway.
- The ExplainerWhat would a Greek exit from the eurozone look like?
Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
- Will stocks crash like it's 1987? Not this year.
The potential for a summer stock market crash (like the one that happened in 1987) is low, because the market environment now is very different from the market then.
- Housing permits on the rise
Single family housing permits, increased a notable 1.9 percent from March to 475,000 single family units, and increased 18.5 percent above the level seen in April 2011, but still remained an astonishing 73.58 percent below the peak in September 2005.
- Diamond sells for $9.7 million at Swiss auction
Diamond sells for $9.7 million in an auction in Geneva. Marie de Medici wore the 34.98 carat Beau Sancy diamond at her coronation as Queen Consort of Henry IV in France in 1610.
- Want the newest iPhone? Wait six months.
Newly released products are exciting, but having the patience to wait for a markdown will pay off big in the long run.
- Creating jobs while reducing the deficit: hard but possible
Just because deficit spending in general can be helpful in a recession and recovery and harmful in general in a recovered economy, doesn’t mean all deficit spending is equally good in a recession and recovery, or all deficit spending is equally bad in a full-employment economy. There are benefits and costs in either situation.
- All-you-can-eat fish? Not for this customer.
All-you-can-eat fish deal attracts one customer who eats 12. Waitress refuses to serve him more. He pickets Wisconsin restaurant's all-you-can-eat fish fry.
- Facebook stock: 6 intriguing investors Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
- Stocks fall; Dow continues two-week slide
The Dow lost 63 points to close at 12632 Tuesday as Europe's latest political impasse cast a gloom over financial markets.
- Facebook IPO: five things to know before buying the stock About 1 out of every 8 people on the planet have a Facebook account. Now, with the arrival of a public stock offering, all those people have a chance to be part owners of this social hub. Should you buy? Here are five things to consider.
- JPMorgan and the London Whale: Should we tax securities investments?
Ever since the U.S. financial crash of 2008 and the beginnings of the pending Euro-zone financial collapse, governments have been debating whether securities transactions should be subject to a new tax. Such a levy would discourage bad behavior in the financial markets, but it could have dire unintended consequences.
- LightSquared, bankrupt, still aims to launch wireless network
LightSquared has filed for bankruptcy protection, saying that will give it more time to win regulatory approval. Regulators have blocked LightSquared's plans, saying they could interfere with GPS signals.
- Facebook IPO: Investors enamored. Users? Not so much.
Facebook IPO may be sending investors into orbit, but most users distrust Facebook and don't click on its ads, according to a AP/CNBC poll. Half of those surveyed say Facebook IPO is overvalued.
- How to find a small business-friendly bank
Using FDIC data, one online tool grades banks on their commitments to small business lending.
- Groupon stock jumps as earnings beat expectations
Groupon stock soared after first quarter earnings were better than analysts predicted. Groupon stock shot up nearly 18 percent in after hours trading.