All Economy
- Three in 10 young adults live with parents, highest level since 1950s
A weak economy and high debt levels are prompting more young adults to return to the family nest, a new survey shows. Perhaps surprisingly, most are happy with their living arrangements.
- Electric cars: Hawaii expands rebate fund
Electric cars so popular that state adds $350,000 to its rebate fund and extends deadline. Hawaii offers up to $4,500 to buyers of electric cars and plug-in hybrid vehicles.
- Make your own Play-Doh
Play-Doh is a great toy, but it wears out quickly. Here's how to save trip to the store and make your own.
- Prepaid debit card: new disclosure on fees
Prepaid debit card from three major issuers will now come with specific disclosures on fees. The disclosure 'box' being tested aims to help users understand costs of using a prepaid debit card.
- Slowing US productivity growth is reducing profits
That productivity has stopped growing means that unless the trend is reversed or real wages continues to fall, profits can no longer grow.
- Stocks mostly lower; Dow up 16
The Dow rose 16 points to close at 13194 in the day after the stock market's biggest gain of the year.
- Goldman Sachs culture 'toxic'? Letter confirms suspicions about Wall Street.
Polls show that Americans hold a very low opinion of Wall Street, and a damning public letter of resignation from a Goldman Sachs executive could only amplify that perception.
- Student loans: Rates to double. What's the cost?
Student loans backed by the federal government are set to become more expensive this summer, when their interest rate doubles from 3.4 percent to 6.8 percent. The rate hike would affect Stafford student loans, and thousands of students are protesting.
- Not all taxes on the rich are created equal
Some political leaders and commentators are showing a growing interest in raising taxes on the rich. But the ideas on the table would have very different results.
- Europe to Germany: your eurocrisis 'answers' don't work for us
As prosperous Germany reshapes Europe's fiscal operating system to fit the German doctrine of austerity, questions and warnings are on the rise.
- Germany to Europe: Don't criticize us on eurocrisis leadership
Germany has been heavily criticized for its 'German doctrine' of austerity, but Germans are confident that it will work for the rest of Europe and are tired of apologizing for their success.
- Goldman Sachs executive resigns from 'toxic' bank
Goldman Sachs executive director offers his resignation in a scathing op-ed. He says Goldman Sachs' business culture is 'toxic and destructive.'
- The GOP is confused about public morality
The real threat to American morality is what's happening in corporate board rooms, not people's private lives.
- Mortgage rates still falling
The average rate for a 30 year fixed rate mortgage declined 3 basis points to 3.94 percent since last week while the purchase application volume increased 4.4 percent and the refinance application declined 4.10 percent over the same period.
- Unemployment rate falls in 45 states
Unemployment rate for January falls for nearly all states. Only New York sees an increase in its unemployment rate.
- Treasury bond market: Investors pull back
Treasury bond market is slammed by stronger prospects for US economy. Treasury bond market sees highest rate on a 10-year note since October.
- When starting a business, delegate, delegate, delegate
Many entrepreneurs fall into the trap of thinking that no one can do a job as well as they can. But a business can't grow without successful delegation.
- Encyclopaedia Britannica: After 244 years in print, only digital copies sold
Encyclopaedia Britannica cost $1400 for a full 32-volume print edition. Only 4,000 are left in stock. Now, the Encyclopaedia Britannica will only be available in digital versions.
- Gas prices too high. Blame India?
Gas prices are rising partly because demand is rising in the developing world. Unlike fluctuating tensions in the Middle East, rising world demand will keep pushing gas prices higher.
- Talking yourself out of an unecessary purchase
Using what you already have waiting for a sale or a lower price, and thinking about about a purchase before you make it are good ways to avoid making a buy that you might regret later.