All Economy
- E. coli outbreak: Time for Jimmy John's to nix sprouts?
E. coli outbreak in five states linked – again – to Jimmy John's sprouts. Sandwich chain had switched to raw clover sprouts after an earlier E. coli outbreak from alfalfa sprouts.
- Five principles for fixing America's tax system
America’s tax system is needlessly complicated, economically harmful, and often unfair. Here are my five principles for the ideal tax system.
- Forget about preventing default in Greece, control it, says Europe
Though Athens is still taking steps to contain the damage, most of Europe is skeptical that Greece will dodge a default.
- 30-year mortgage rates stay at record low
30-year mortgage rates average 3.87 percent for the third week in a row. That's the lowest for 30-year mortgage rates since the 1950s, when the long-term loans became popular.
- Obama's budget has some bold moves
In terms of tax policy, the president's budget has a few intriguing new provisions.
- How payroll tax gridlock in Congress finally came unstuck
A deal to prolong the payroll tax cut has also paved the way for Congress to extend long-term unemployment benefits and the Medicare 'doc fix' to the end of the year.
- Greek crisis 101: How to make money off your debts
Greece's debt issues are unavoidable, even with the intervention of foreign governments.
- Obama's budget means retirement savings for all
With its Automatic IRA and extra incentives for employers to offer a 401(k) plan, the president's budget will enable almost all Americans to save for retirement.
- Stock market jumps; Dow barrels toward 13000
Stock market was buoyed by good news about jobs and housing. The Dow rose 123 points to close at 12904, within 100 points of 13000. Gains on the stock market overlooked problems in Greece for the time being.
- How would the 'Buffett rule' affect marginal tax rates?
The 'Buffett rule' – a minimum tax rate on millionaires – wouldn't have much effect on wages and salaries, but it would greatly impact capital gains.
- How Sweden busted Estonia's economy
Sweden's economic slowdown is affecting exports from Estonia in yet another example of how a weak economy in one country can drastically affect others.
- Mortgage rates inch up, but downward trend continues
The average rate for a 30 year fixed rate mortgage increased 1 basis point to 3.98 percent since last week, but the downward trend has yet to find its bottom.
- Got your driver's permit? Top 5 things to know about your car. You have your driver’s permit? Congratulations. You've learned the rules of the road and earned the right to drive. But there's a lot more to driving. If you want to drive safely and save money, you have to know how to keep your car properly maintained. One of our recent surveys at AutoMD.com found that two-thirds of parents of teen drivers rated their teen's basic knowledge of car maintenance as "somewhat or completely clueless," or "average." Teens can use online resources on our site or other websites to learn more. Here are five car maintenance and repair tips to get you started:
- Why the food stamp program is a fraud
The federal government vastly overstates the benefits the food stamp program provides low income families – which isn't worth the cost to the taxpayer.
- Retirement plans? Don't forget about state, local taxes.
Retirement plans should include an appraisal of the impact of state and local taxes. Levies on income, benefits, property, purchases, and estate can make a difference in your retirement plans.
- Payroll tax deal: Congress moves toward agreement
Payroll tax cut, long-term unemployment benefits would be preserved under a bipartisan deal. But negotiators won't predict whether Congress will pass the payroll tax deal by Friday.
- Why you should pay for car repairs with a credit card
Credit cards make it easy to get into serious debt trouble. But when it comes to expensive emergency repairs, some credit cards can offer protections that cash can't.
- Obama proposes bringing jobs home from overseas. Would his plan work?
To achieve his goal of 'insourcing,' Obama proposes rewarding firms that create jobs in the US while imposing higher effective taxes on profits earned by overseas operations.
- The Apple stock roller coaster
Up $25 in early trading, Apple stock plummeted late in the day, dragging the rest of the market down with it.
- Unemployment benefits 101: When will your state cut off extended benefits?
Congress is nearing a deal to extend long-term unemployment benefits to the end of the year. But many states plan to cut off the benefits well before Dec. 31.