All Economy
- Santorum's tax plan: Cuts for (nearly) all
Santorum would cut taxes for nearly all households making $40,000 or more. But the impact on the deficit would be enormous: Santorum would cut taxes by roughly $1 trillion in 2015 alone.
- Keystone XL oil pipeline ensnared in political gamesmanship
Republicans tried to force Obama's hand on the permit to construct the Keystone XL oil pipeline, and now he's forced theirs. The fight may not be over, signaling that energy will be a 2012 campaign issue.
- How regulators caused the bank meltdown
Conventional wisdom says that the economic meltdown happened because of lax regulations on the nation's largest banks. It may be just the opposite.
- Jobless claims lowest since 2008
The number of people seeking unemployment benefits dropped by 50,000 applicants to 352,000–the lowest since April 2008
- Stocks continue their steady climb
The Dow rose 45 points to close at 12623 Thursday as strong corporate earnings reports and the lowest unemployment claims in almost four years gave investors more reasons to take risks on stocks
- Obama at Disney World: foreign tourists could create 1 million jobs
President Obama paid a visit to Mickey Mouse at his Florida home Thursday to mark the signing of an executive order aimed at facilitating the processing of foreign tourist visas to lure travelers.
- GM reclaims title as world's No. 1 automaker
GM is once again the top-selling automaker in the world. The company's sales jumped 7.6 percent over the last year.
- Is Mitt Romney really a job creator? What his Bain Capital record shows.
Mitt Romney is running for president on his business acumen, saying he knows what it takes to create jobs. He puts less emphasis on what he knows about eliminating jobs. Marion, Ind., has experienced both via Romney and Bain Capital.
- A federal umbrella for state rainy days?
If states were characters from Aesop’s Fables, they’d be more grasshopper than ant. With a little help from the federal government, maybe more states could find their inner ant.
- Burger King delivery: Have it your way. At home.
Burger King delivery services are available at select locations in Washington, D.C., and will soon expand. Can you get Burger King delivery?
- Jobless claims lowest in three years
“Initial” unemployment dropped 50,000 to 352,000 claims, while seasonally adjusted “continued” claims declined by 215,000
- William Shatner 'dies' again. Bye-bye Priceline Negotiator.
William Shatner ends his 14-year run as Priceline pitch man in new ad, complete with fiery bus crash. The company is dropping William Shatner as it changes strategy.
- Finally, some good news for the housing market
The latest housing market index shows that all measures increased in January, propelling the composite HMI index to its highest level since 2007
- Medicare fraud: Florida hands down prison sentence
Medicare scheme defrauded program of $200 million through fake entities and money laundering. So far, 10 people have pleaded guilty or been convicted in the Medicare fraud.
- Here's exactly how much you'll save doing laundry in cold water
The numbers are clear: if you wash on hot, you’re dumping water and money down the drain.
- Eastman Kodak files for bankruptcy
Eastman Kodak ruled the photography world for over a century, but on Thursday Eastman Kodak filed for Chapter 11 bankruptcy protection
- Despite his words, Romney's policies are terrible for the poor
Mitt Romney claims to be "concerned" about the poor, but his policy proposals would seriously damage the social safety net that helps the country's poor survive.
- Europeans fear Iran oil embargo will wreck economy
With a proposed embargo on Iranian oil, the European Union and the US could suffer from rising oil prices while Iran simply finds new buyers.
- Obama tried to help the budget supercommitte. Really.
In September, the president proposed a budget to the supercommittee that included budget cuts meant to please Republicans. Yet some say he failed to "reach across the aisle."
- Obama puts Keystone pipeline on hold, decries 'rushed and arbitrary' deadline
Speaker Boehner accuses Obama of 'selling out American jobs for politics,' but Keystone pipeline operator TransCanada says it will submit plans for a rerouted project later this year.