All Economy
- Europe pact: Members must balance budgets or suffer sanctions
European leaders signed a fiscal pact that would enforce balanced budget among member states. Leaders also pledged to promote growth. Members must still ratify the pact.
- Hedge funds: Did they trigger financial crisis?
Hedge funds didn't cause the financial crisis. But new research suggests that when a few hedge funds figure out how to tell good securities from bad ones, they can trigger a systemic collapse.
- The biggest risk to the economy in 2012
Forget the European debt crisis. Widening economic inequality is worsening here at home, and little is being done to stop it.
- Facebook IPO likely to rank company among world's largest
Facebook IPO expected to be as high as $100 billion and will rank Facebook among the largest public companies in the world.
- Local budget cuts drag down the entire economy
Instead of raising taxes, cities and states are balancing their budgets by laying off teachers, cops, maintenance workers. The loss of state and local jobs slows fiscal growth for everyone.
- Super Bowl ad: Is Ferris Bueller 'sequel' the right vehicle for a Honda CR-V?
Before the ad wars kick off on Super Bowl Sunday, Honda is trying to score early with an extended online pitch for the CR-V, featuring Matthew Broderick in a Ferris Bueller sequel. Of sorts.
- The free market doesn't make people poor. People do.
Restricting free trade arrangements (beyond preventing the use of force and fraud on others) cannot solve the real problem, yet it hobbles the market’s ability to coordinate people’s cooperative and productive plans, causing harm in the misguided attempt to accomplish good.
- Germany's green energy sector: can it grow without subsidies?
Generous subsidies for Germany's green energy sector have been so successful at fostering growth that the government is now asking if the industry can survive without them.
- Working beyond 65 can be good. Is it right?
Raising the retirement age would shore up America's shaky finances while extending activity and satisfaction for many workers. But raising the retirement age isn't right for everyone.
- World markets rattled, but Dow only down six
The wait for an expected deal between Greece and its creditors hurt financial markets around the world, but US stocks only dropped slightly. The Dow lost 6 points to close at 12653 after being down as much as 131 points earlier Monday.
- Building green cities using public/private partnerships
Public funding for environmentally friendly urban centers benefits private investors, too
- Are you prepared for appliance failure?
One of the most common reasons for the failure of short term financial plans is a key appliance failure. Setting aside just $10 a week to an appliance replacement fund can make a difference.
- Home prices fall again
With slowing summer/fall transactions has come a notable decline of prices, with the national index declining 1.8 percent since October and falling 7.11 percent below the level seen in November 2010.
- Avoid the backward start-up
Many entrepreneurs start with a backward business model. The key is to look to the market for ideas rather than force your product on the market.
- Stocks fall. Greece weighs on markets.
Stocks are down in Asia and Europe ahead of a key European summit. S&P futures are also lower. Investors shun stocks as concerns linger about Greece's long-term solvency.
- Do you really need that deep freezer? Really?
The distinction between wanting an item and needing it is a key one. If you don't need something right away, it pays to be patient with your shopping.
- Good housing legislation could save the economy
Housing is the one area of policy with the greatest potential to actually move the needle on the economy
- Ford: Income skyrockets. Best year in a decade.
Ford saw its income jump 200 percent last year with a special tax allowance. Even without that, Ford has notched 10 consecutive quarters of profits.
- Beware of China's housing bubble
The housing frenzy has driven prices so high, so fast, that a crash on the scale of the real estate collapse in Japan in the 1990s is a virtual certainty in China
- CEO pay cut: Who saw pay halved in '11?
CEO pay of $84 million earned him the top spot in 2010, but dropped to $43 million in 2011. So who was tops in CEO pay last year? Apple's Tim Cook.