All Economy
- Make the most of your outlet store shopping
Thrift stores are the cheapest places to buy clothes, but selection can be limited. Next stop: consignment and outlet stores.
- Falling commodity prices lower stocks
Falling commodity prices pushed stocks lower Wednesday. The Dow fell 71 points to close at 13126, and all three major indexes lost at least a half percent.
- Don't invest in China's mining sector
As an investment, China's metals and mining industry is in no-man's-land and earnings revisions will be to the downside if China's economy deteriorates even further.
- 30-year mortgage rates up to 4.10 percent
The average rate for a 30 year fixed rate mortgage increased 4 basis points to 4.10% since last week, while the purchase application volume increased 3.3 percent and the refinance application dropped 4.6% over the same period.
- Magic Johnson, basketball legend, is now a Dodgers owner
Los Angeles Dodgers will be bought by a group of owners that includes NBA legend Magic Johnson for a staggering $2 billion. The Los Angeles Dodgers sale is the most expensive in professional sports history.
- How to be a successful thrift store shopper
Pick the nicest neighborhoods in a metro area and find the nearest Goodwill or other secondhand clothing shop.
- Low-income households would shoulder Ryan's tax burden
The budget Paul Ryan released last week is, essentially, an effort to have low- and middle-class households bear the entire burden of closing the fiscal gap and bear the costs of financing an additional tax cut for high income households.
- Durable goods rise less than expected
Durable goods were expected to rise sharply after January's big decline. But February's 2.2 percent rise in durable goods disappoints.
- Six ways to save money with fresh produce
Some helpful tips for getting the most out of your vegetable budget
- Detroit nears deal to avert bankruptcy, but is it a state takeover?
Both city and state officials say they are close to an agreement that could force extensive restructuring of city finances, as Detroit faces a $200 million deficit and bankruptcy by May.
- Home prices stabilizing. So what's wrong with Atlanta?
Home prices in some cities show some signs of stabilizing. But in Atlanta, the decline in home prices is accelerating.
- Axl Rose and your investment team
While band names and fund families may keep the same names, finding out if there are different players behind the scenes can mean a very different final outcome. Just look at the failure of the latest Guns 'N Roses album.
- EPA issues new rule on greenhouse gas emissions: Where does that leave coal?
The EPA proposed the first-ever US curbs on power plants' greenhouse gas emissions, saying next-generation coal plants should meet the restrictions. But the coal industry slammed the new rule.
- Sagging consumer confidence lowers stocks
The Dow fell 43 points to close at 13197 Tuesday as weak readings on consumer confidence gave investors little reason to extend the recent rally.
- Supreme Court health-care hearing: How bad does it look for 'Obamacare'?
Based on justices' questions in the two-hour Supreme Court health-care hearing, the fate of 'Obamacare' is in peril. Justice Kennedy expressed strong concerns about the individual mandate.
- Getting rid of state income tax? Bad idea.
Reducing or eliminating state income tax is bad news for low-income families, who may end up paying higher taxes and losing critical safety net programs.
- Home prices down in January
The home price price index declined 0.83 percent since December while the Composite-20 index declined 0.84 percent over the same period resulting in the lowest level seen to on the Composite-10 since June 2003 and the largest peak decline seen since the nearly six year old housing bust began in 2006.
- BMW recall affects 1.3 million cars. Is yours on the list?
BMW recall involves all 5- and 6-Series BMWs manufactured between 2003 and 2010, which may have an electrical problem. The BMW recall is almost as big as the company's worldwide sales last year.
- True entrepreneurs don't need encouragement
Government policies encouraging training of entrepreneurs won't kickstart the economy.
- Mining boom in Michigan: economic boost or environmental nuisance?
Demand for metals on the world market is prompting a mining boom in Michigan's rural Upper Peninsula, where jobs are scarce. But possible environmental damage to forests, lakes, and rivers alarms some locals.