All Economy
- Cash mobs: a new boost for local business?
Saturday is International Cash Mob Day. Like flash mobs, cash mobs use social media to organize. But they don't perform, they spend money at a targeted local business.
- Who is Jim Yong Kim, nominee for World Bank president?
The selection of Jim Yong Kim took many by surprise since he is not well known in Washington circles and wasn’t an expected candidate for the World Bank position.
- Need an econ graph? Go to FRED.
FRED charts have exploded all over the financial blogosphere. The site is easy to use and addictive if you're a data hound or a market nerd.
- New home sales down in February
New residential home sales dropped 1.57 percent since January but rose 11.4 percent above the level seen in February of last year.
- Bye-bye free checking. Hello fee checking.
Free checking is disappearing as banks scramble to make up lost revenue. Will the government's new finance watchdog step in and regulate bank's new checking fees?
- Facebook privacy: Can firms legally demand passwords from job applicants?
On Friday Facebook criticized the new practice of screening job applicants as 'alarming,' and some employment specialists say it could expose firms to legal land mines.
- What Bernanke gets wrong about the gold standard
The redistribution created by the Fed’s monetary pumping actually weakens the economy over time as real savings is squandered on malinvestments. With gold as money, real production and savings is stimulated. Federal Reserve chairman Ben Bernanke doesn't understand that.
- The secret to wealth and health? Make your own snacks!
Soda and fast food are convenient (and tasty) parts of a normal routine. But making your own snacks will pad your wallet and help you maintain a healthy lifestyle.
- Etch A Sketch maker happy to be back in spotlight, sends boxes of toys to candidates
Ohio Art Co., maker of the classic baby boomer toy, is sending a big box of Etch A Sketches to the presidential campaigns to say thanks for the publicity and a boost in sales.
- Why Ryan's budget is music to Democrat's ears
Paul Ryan may not have intended it, but his 2013 budget is the strongest argument I’ve seen for why any serious fiscal plan must include new revenues.
- Exxon Valdez bound for scrap heap in India
Exxon Valdez: Best Oasis Ltd., an Indian company that buys old ships to dismantle them, and recycle salvageable material, bought the old old tanker. The Exxon Valdez was involved in one of the worst oil spills in US history.
- Loan forgiveness? Great, but beware the tax.
Loan forgiveness is helping indebted Americans. But the amount of the loan forgiveness can be taxed by the IRS.
- Community resources are there to save you money
Community parks and programs are an almost unlimited source of entertainment, at little to no cost.
- AT&T sued over calls for deaf
AT&T didn't put in procedures to prevent fraud by people using stolen credit cards on the Internet-based system, the Justice Department says. Its suit charges AT&T improperly billed the government as a result.
- Insider trading bill: A model to end gridlock on Congress?
The Senate passed jobs and insider-trading bills Thursday, hailing a moment of bipartisanship. But times when members of Congress get along are rare – and that isn't expected to change.
- Sorry, Romney, it's no longer an Etch A Sketch world
Throughout his political career, Mitt Romney has relied on the ability to ignore past platforms and start fresh from campaign to campaign. But in the video age, the past is harder to erase.
- Stocks lower on worries about Chinese economy
The Dow slipped 78 points to close at 13046 amid signs that suggest the Chinese economy is weakening.
- Jobless claims drop lower and lower
Initial jobless claims declined to 348,000 claims from last week’s revised 353,000 claims, while continued claims declined by 9,000 resulting in an 'insured' unemployment rate of 2.6 percent
- Monitor BreakfastCEOs willing to give up tax breaks - if the rate is right
A group of CEOs is launching a two-week lobbying and media blitz on corporate taxes, keyed to the fact that on April 1, Japan will officially lower its corporate tax rate.
- Obama fast-tracks part of Keystone XL pipeline
After rejecting the Keystone XL pipeline proposal in January, President Obama gives a green light to its southern leg – a bid to ease a key bottleneck to new oil supplies and defuse critics on gas prices.