All Economy
S&P downgrades the Eurozone bailout fundThe beleaguered nations of Europe created a program called EFSF (European Financial Stability Facility) to help sovereign debt issuers and Euro Zone banks cope with the ratings agency cuts to their debt ratings and rising interest rates. But yesterday, the S&P downgraded the EFSF itself.
Good news in Europe, China lifts stocksSlight improvements in Europe's troubled debt markets and China's economy lifted stocks Tuesday. The Dow rose 60 points to close at 12482
Making a major purchase? Consider last year's model.Stores often carry merchandise manufactured the year before. It's usually an identical product at a much lower price, but you might have to look a little harder for it.
Manufacturing perks upThe Empire State Manufacturing Survey shows a notable improvement in manufacturing activity
Strategic foreclosure: Why people are ditching their mortgagesMore and more, indebted homeowners are deciding to walk away from their mortgages, instead of facing forced foreclosure. Who will pay the discarded debt?
Occupy Wall Street? No, divest from it.A growing bank divestment movement is pushing universities to move their money from big banks to small local financial institutions. So far, bank divestment successes are few and far between.
Romney can take risks. He's rich.Mitt Romney is casting his campaign as a defense of free enterprise, hard work, and risk-taking. Easy for him to say: the higher you go on the economic ladder, the easier it is to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.
Zappos hacked: 24 million accounts at riskZappos says hackers potentially gathered names, e-mail and physical addresses, phone numbers, and last four digits of credit cards. But full credit card numbers not exposed, Zappos says.
What does it mean when Romney says, 'I understand the economy'?In today’s America, the president needs to understand the economy measured by middle-class incomes, paychecks, the quantity and quality of jobs, rates of poverty, and income gaps. Romney understand the economy of Wall St., not Main St.
Economy: Why the 'good' news isn'tGlobal financial news has been good ever since the Fed decided to print more money. But consumers still aren't spending, and the new employment figures are hardly signs of real recovery
Bruce Springsteen, OccupierThe Boss has a new album coming out that's heavily focused on economic justice
Can an economy still grow with serious debt?A country's budget surplus and economic growth generally go hand in hand, but there are some exceptions to the rule.
Gas prices will drop, Nigerian president saysGas prices in Nigeria will drop to $2.75 per gallon following a nationwide strike over rising gas prices.
A reliable purchase is a smart purchaseFrom washing machines to televisions, from kitchen knives to media players, reliability is an incredibly valuable feature
Income inequality: It's a problem. Here's why.Income inequality is strongly correlated with the inability of the next generation to achieve the American Dream. The more income inequality, the fewer people can achieve the 'Dream.'
The week's biggest financial newsThe Fed defends the housing bubble, Fannie Mae's CEO resigns, and Obama wants to convert foreclosed properties into rentals
Change your dreams, not your plansAs you move through life, your dreams will change, so your plans should be steady yet flexible
Mitt Romney needs to get his facts straightMitt Romney asserted that federal low-income programs are administered so inefficiently that “very little of the money that’s actually needed by those that really need help, those that can’t care for themselves, actually reaches them.” But administrative costs only count for between 1 and 10 percent of these programs' spending.
Oil prices fall below $99 a barrelOil prices drifted lower Friday on concerns about European credit downgrades. A European recession would slow demand for oil and push oil prices lower.
College savings plans: Is prepaid tuition still a good idea?College savings plans are struggling in many states because of rising tuition costs and declining returns. About half of prepaid college savings plans have stopped accepting new money.
