All Economy
- Jobs growth slows. Should we worry?
The economy added only 120,000 jobs in March – down from the rate of more than 200,000 in each of the preceding three months. It’s way too early to conclude the jobs recovery is stalling, but there’s reason for concern.
- Should we change the way we teach economics?
Because of the recent financial crisis, teaching the basic principles of economics is harder than ever.
- Unemployment rate: Recovery leaves teens behind
The March unemployment rate fell slightly for all workers and women, blacks, Hispanics, and Asians. For teens, unemployment rose. Why are fewer teens getting jobs?
- Americans spread blame for high gas prices, foresee $4.75 a gallon
Americans foresee, on average, gas prices at $4.75 a gallon within three months, shows a Christian Science Monitor/TIPP poll. They most blame the oil industry and Wall Street. But they expect politicians to act.
- Six tips for a money-smart road trip
Being rigid in planning a route but flexible in schedule and housing are ways to ensure you get the most bang for your buck on the open road.
- A tax on high heels?
High heels can exert a heavy toll on the body, and are often uncomfortable and unsafe. Should they be taxed?
- Economy adds 120,000 jobs. Why the dip from bigger gains in early 2012?
The unemployment rate fell from 8.3 percent to 8.2 percent in March. Economists had been expecting higher numbers of new jobs.
- Casino mogul Adelson pressures Spain to bend rules for EuroVegas
American casino mogul Sheldon Adelson's EuroVegas project could bring Spain much-needed investment, but the deal comes with demands for unappealing legal and financial exemptions.
- Should states pay bonds to knock down buildings?
Two Ohio Members of Congress have introduced a bill to allow states to issue tax-exempt bonds to demolish buildings, which is a bad solution to a serious problem of urban development.
- Gold prices recover, but still down for week
Gold prices, at lows not seen since January, recovered a bit to close at $1,630 an ounce. Fed minutes suggesting little inflation kept gold prices down.
- Detroit and Michigan come to terms on bailout, averting bankruptcy
After weeks of protest, Detroit's city council agrees to a deal that directs budgetary matters to an outside advisory board, but avoids the sweeping state takeover that many residents opposed.
- What do Iran sanctions cost you? About 25 cents a gallon, experts say.
While consumers may support sanctions on Iran to dissuade it from pursuing a nuclear weapon, a foreign trade advocate says, they should also be told how sanctions impact Americans.
- Election 2012: A fable of equality
As voters, we can let rich private equity managers take over the electoral process and further the inequality gap. Or we can do something about it.
- Stocks fall to their worst week in 2012
The Dow fell 14 points to close at 13060 on fears that Spain may have trouble paying back its debt. The stock market suffered its worst week since December of last year.
- Unemployment claims fall to a four-year low
Initial jobless claims declined to 357,000 claims from last week’s revised 363,000 claims, while seasonally adjusted “continued” claims declined by 16,000 resulting in an “insured” unemployment rate of 2.6 percent.
- A turning point for Chinese stocks?
The Chinese stock market has performed poorly so far this year, but last night's high close may signal a change.
- Google, an underdog in Asia, lays plans for Taiwan data center
Taiwan gets Internet traffic easily from the United States. I sits at the ends of undersea cables that extend directly from North America before branching off to other parts of Asia.
- New clothes won't make you happy...for long
Never buy clothes just for the emotional rush of having something new. Instead, focus on emotional boosts that have better long term outcomes.
- Lincoln MKZ: hybrid option, navigation, glass roof
Lincoln MKZ sports an optional retractable glass roof to try to lure back drivers to the luxury brand. Lincoln MKZ is first Lincoln to have dedicated design team since the 1970s.
- Germany tries to convince Swiss banks to play by its rules
Germany and Switzerland signed a treaty today in which Switzerland agreed to impose taxes on Germans' secret accounts in Swiss banks, but the deal still falls short of the transparency Germany wants.