All Economy
Apple earnings lift stocks worldwideApple earnings exceeded expectations, causing stock markets to rise from Japan to Germany. US stock futures also get a boost from Apple earnings.
Mad cow disease: Big deal abroad. US? Not so much.Mad cow disease has hit the US only four times since regulators took steps to control it 15 years ago. Although the latest announcement of mad cow disease may alarm American consumers, the biggest reaction may come from nations that decide to ban US beef.
First BP oil spill arrest: Why put the squeeze on a mid-level engineer?The first criminal charges brought in the 2010 BP oil spill – against Kurt Mix, a former BP engineer – show that the government still seeks the answer to an essential question in the spill’s aftermath: Did BP tell the truth about what it knew about the size of the spill? At stake are billions in fines.
Hungry? Pizza Hut launches cheeseburger crust pizza.Pizza Hut has released a pizza lined with tiny cheeseburgers in the Middle East, just weeks after releasing the "Hot Dog Stuffed Crust Pizza" in the UK. When will Pizza Hut bring a wild pizza crust to the United States?
Student debt: How big a risk does it pose to the economy?Student debt represents a financial challenge for America, some economists say, but in a way that's different from the big buildup in mortgage debt that led to a deep recession.
Argentina's move to nationalize oil firm YPF highlights Spain's declineSpain used to be one of the most powerful economic forces in Latin America, but now it's struggling to punish Argentina for nationalizing a Spanish-owned oil producer.
Home prices: New numbers raise hopes they're finally starting to stabilizeDeclines in home prices may be slowing, according to one report, while another has found the first year-on-year increase in prices since July 2007.
Home prices keep fallingThe non-seasonally adjusted Composite-10 price index declined 0.78 percent since January while the Composite-20 index declined 0.76 percent over the same period resulting in the lowest level seen to on the Composite-10 since April 2003 and the largest peak decline seen since the nearly six year old housing bust began in 2006.
Apple earnings will report this evening; stocks riseApple earnings for the first quarter will be reported after the close of the stock market Tuesday. In anticipation of he Apple earnings report, Apple stock has fallen sharply.
How can Venezuela be so rich in resources, but so low in supplies?In the modern world, a country’s natural resources have very little to do whether goods are on the nation’s shelves for people to buy. Venezuela is a prime example.
400-year-old diamond – owned by royals – for sale400-year-old diamond, owned by a French king and German, British royal families, will be auctioned off by Sotheby's May 14. Known as the 'Beau Sancy,' the 400-year-old diamond is expected to fetch up to $4 million.
Are US manufacturers quitting China?Citing rising labor costs, many US manufacturers say they're planning to leave China and come back to the United States.
Social Security fund: Cash gone in 2033Social Security fund will run out three years earlier than earlier projections due to boomer retirements, weak economy. If Social Security fund runs out, retirees will get 75 percent of promised benefits.
Just say no to catalogsCatalogs are loaded with items you don't need, and they're very good at convincing you to buy such items. Send them straight to the trash.
Latest cyberattack on Iran targets oil export facilitiesComputer servers at the government oil ministry and the National Iranian Oil Co. are the apparent target of a cyberattack via a data-deleting virus, Iranian officials have acknowledged. Previous attacks struck at Iran's nuclear program.
High gas prices are a bipartisan failureNeither Republicans nor Democrats are offering up policies that will effectively address high gas prices.
Stocks fall on worries over European stabilityThe Dow slipped 102 points to close at 12927 Monday as worrying news out of Europe sent US stocks sharply lower.
Netflix sputters, but loses less than expectedNetflix says it suffered its first quarterly loss in seven years but the first-quarter setback Netflix announced Monday was far smaller than investors expected
Student loans: Obama's bid to rekindle 'Yes We Can' among youthsYoung voters aren't as enthusiastic as they were four years ago, meaning turnout could decline. So Obama is touring universities in North Carolina, Colorado, and Iowa to talk about student loans.
Home prices on the rise this summer?Radar logic, a composite of home price indices, shows national index increasing 0.71 percent since January but falling 3.76 percent below the level seen in February 2011.
