All Economy
Why do Obama and Romney pay the taxes they pay?Romney pays a much higher rate than the President, even though he makes far more money. Here's why.
US stocks boosted by home sales, corporate earningsUS stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales. The Dow rose 113 points to close at 13204
Extended unemployment claims increaseSeasonally adjusted 'initial' unemployment claims declined to 388,000 from last week’s revised 389,000 , but seasonally adjusted 'continued' claims increased by 3,000 resulting in an 'insured' unemployment rate of 2.6 percent.
Asia holds the key to Apple's huge earningsApple's huge earnings were shock to many of us in the West, but when the company's rabid following in Asian countries is taken into account, it's not so surprising.
'Fiscal cliff' threatens economy on Dec. 31, Bernanke warns CongressAt year-end, a range of tax cuts are set to expire, potentially dampening consumer spending. Fed Chairman Ben Bernanke said Wednesday there's not much he can do if Congress doesn't act.
30-year mortgage rates fall to 3.92 percentThe average rate for a 30 year fixed rate mortgage (from FHA and conforming GSE data) declined 2 basis points to 3.92 percent since last week while the purchase application volume increased 2.7 percent and the refinance application declined 5.6 percent over the same period.
NFL draft: Why Andrew Luck's rookie salary has shrunkNFL draft 2012 top picks Andrew Luck and Robert Griffin III won't be making the huge money of some of their top pick predecessors, like Sam Bradford and Matthew Stafford. New rules limiting rookie salaries ensure NFL draft 2012 picks have to prove their worth on the field before making the big bucks.
Tax reform goes local. What's the effect?The need for fundamental federal tax reform is critical. Often overlooked, however, is the fact that any such reforms will also affect the tax and fiscal policies of state and local governments.
Taiwan set for Chinese invasion - of investorsTaiwan's economy is poised grow significantly this year as the island relaxes barriers to investment from its old rival, mainland China.
Buying a home? Avoid these five mistakes.Houses are more affordable then they've been in decades, and interest rates are low. But a home can turn into a bad buy if you make one of these crucial mistakes.
Facebook stock: Why you can't have anyFacebook stock will be impossible to get unless you have a portfolio worth millions. There likekly won't be enough shares of Facebook stock for individual investors to partake.
Apple surge lifts Nasdaq 2 percentThe Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The Dow gained 89 points to close at 13090 on an all-around good day for US stocks.
How to be content with your financial decisionsEveryone wishes they could have it all. How do we really become content with the financial decisions we need to make?
Fed sees more growth? Don't count on it. Recession ahead.Despite the Federal Reserve's brighter outlook for the economy, consumers won't spend enough to keep the US from sliding into a moderate recession this year.
New home sales drop 7.1 percentNew home sales fell a steep 7.1 percent in March but rose 7.5 percent above last year's level.
Do Republicans contradict themselves in the Small Business Tax Cut Act?The mechanics of the House GOP's Small Business Tax Cut Act seem to fly in the face of what many in the party have been saying lately.
How to sell a house? Five reasons to auction it. In locales across the United States, home auctions are taking place with increasing frequency. Real estate companies are opening auction divisions; agents are attending auction school to learn how to sell a house in a new way. In its first six weeks of operation, our auction portal received more than 1,000 visits from across the US and 29 nations. Two-thirds of the visitors who completed our survey had not yet listed their home with a real estate agent, meaning they were thinking of auction as their first option. These homeowners aren't in foreclosure; they're simply looking into this alternative sales method to find out if auction is right for them. Here are five benefits of auctioning your home:
Cage-free promise on Burger King pork, eggs by 2017Cage-free promise: Burger King has pledged that all of its pork and eggs will come from cage-free chickens and pigs within the next five years. The Burger King cage-free promise marks a huge step in the shift toward more humane treatment of livestock.
UK enters a double-dip recessionToday's preliminary GDP number from Britain showed that it has entered a double-dip recession as GDP has fallen two quarters in a row.
Patents arsenal: Why Facebook is buyingPatents accumulation is key strategy as Facebook prepares to go public. It bought $550 million worth of patents from Microsoft.
