All Economy
- Despite high fuel prices, many trucks run empty
A quarter of trucks on US and British roads carry no cargo, wasting billions of dollars in fuel. By harnessing the power of the Internet, truck fleets could become far more efficient.
- Social networking and drones can save the earth
Both tools help distribute information that can be used to further more responsible environmental practices
- 30-year mortgage rate rises, still under 4 percent
30-year mortgage rate averages 3.95 percent. It marks the 12th consecutive week the 30-year mortgage rate stayed below 4 percent.
- Gas prices high? No magic bullet, Obama says.
Gas prices rise to average $3.65 a gallon, a record for this time of year. Obama dismisses GOP plans to lower gas prices as 'bumper sticker' answer.
- New home sales drop but show signs of recovery
The US Census Department's monthly New Residential Home Sales Report for January showed a monthly decline, with sales dropping 0.97 percent since December but rising 3.55 percent above the level seen in January 2011.
- What we need to fix in the corporate tax code
Our corporate tax system maximizes the degree to which corporate managers have to worry about taxes when making business decisions, but limits the revenue that the government actually collects.
- Do yourself a favor. Avoid courtesy overdraft protection.
On the surface, courtesy overdraft protection seems like a good program. Actually, most “courtesy” overdraft protections can end up putting you in a worse situation than just dealing with a returned check.
- High gas prices will slow car sales, not stop them
Automakers are ready for surging gas prices with more fuel-efficient vehicles. Only if gas prices move above $5 a gallon could automakers face a big slowdown.
- Why GOP candidates would make the national debt worse
Which Republican Presidential candidates would successfully eliminate the deficit and national debt? According to a new analysis from the non-partisan Committee for a Responsible Federal Budget, none of them would.
- Home prices increase
Nationally, home prices increased 0.71 percent since November but declined 1.32 percent below the level seen in December 2010.
- Why we're paying more for corn
Thanks to government subsidies supporting a specific type of corn farm, land value is increasing, and prices are going up. The same is true of other federally supported crops.
- What Ron Paul gets right about economics
Ron Paul is onto something when he claims that the Federal Reserve's low interest policy has discourages savings and encouraged borrowing.
- Corporations don't need tax cuts. Why is Obama proposing them?
The Obama administration is proposing to lower corporate taxes from the current 35 percent to 28 percent for most companies and to 25 percent for manufacturers. But American companies are booking higher profits than ever.
- Dow 13000 mark close, but not quite
The Dow made another run at 13000, finishing up 46 points at 12984. Despite coming within four points of the mark, early losses kept the index from reaching 13000.
- When it's time to find a new bank
Your bank should offer a large ATM network, solid interest, few fees, and operating hours that are compatible to your lifestyle. If not, it's time to send it packing. Here's how to find a new, better bank.
- AT&T CEO loses $2 million over T-Mobile breakup
AT&T chief takes a big pay cut, but the company lost $4.2 billion because of its failed deal to acquire T-Mobile USA. The AT&T executive still makes $18.7 million a year.
- Extended unemployment claims drop by 52,000
Initial jobless claims went unchanged at 351,000 claims, but “continued” claims for jobless benefits declined by 52,000.
- Obama's business tax reform: A good start
The president's Framework for Business Reform does a great job in identifying what's wrong with the way businesses are taxed. But the cure for those problems leaves a lot to be desired.
- Americans' trend line on gasoline: Use less, spend more
US oil consumption is down, and fuel economy for new vehicles is at an all-time high. Despite these leaner ways, Americans are spending 65 percent more on gasoline since 2005. Why?
- Why the young are forced to pay the old's debts
Instead of families paying for their children’s education, they force the children to borrow the money from the government. Then, paying it back, the money is recycled to old people — through Social Security, Medicare, and so forth. How long will they put up with it?