All Economy
Retirement funds in Kentucky lose big with hedge fund failureRetirement funds for Kentucky state and local workers see $100 million loss after hedge fund fails. Official expects to recoup the retirement funds lost.
Long term unemployment drops; still highWorkers unemployed 27 weeks or more declined to 5.588 million, and the average stay on unemployment declined to 40.8 weeks.
Hedge funds scammed by Madoff won't get paymentsCustomers of hedge funds – or so-called 'feeder funds' – that invested with Madoff don't qualify for a settlement fund, a federal judge affirms. Thousands of clients of 16 hedge funds hoped to collect from the $500,000 fund.
NFL playoffs: Why do we need wild cards, anyway?The NFL playoffs get underway this weekend with a slate of four wild card games. Is it just a chance to extend the season or does the presence of wild cards improve the NFL playoffs?
To create a budget, record every (yes, every) penny you use in a monthIt's impossible to create a budget before you know exactly where your money is going.
Jobless report: The good, the bad, the uglyThe job market continues to grow, but that growth is too slow, and policy makers aren't helping enough
30-year mortgage rate falls to 3.9 percent30-year mortgage rate matches record set two weeks ago, says mortgage giant Freddie Mac. But low 30-year mortgage rate has not provided much boost to home sales or refinancings so far.
The last months of MF GlobalThe company cut back on paper and instituted other cost-cutting initiatives, but its problems were bigger than that.
Unemployment rate: How low can it go by Election Day? Under 8 percent?Though the unemployment rate dipped to 8.5 percent last month, it remains uncomfortably high for a president seeking reelection. Economists crunch the numbers to see if it's possible for unemployment to dip to 8 percent by Election Day.
How do consumers use engine efficiency? On bigger, faster cars.Engine efficiency has vastly improved in recent decades, but that has made cars bigger and faster, rather than more fuel-efficient
Bond yields fall on Europe fearsBond yields dip despite strong jobs report. Concerns over Europe's debt woes drove bond yields of 10-year Treasury below 2 percent and 30-year Treasury to just above 3 percent.
Indiana union bill: Even with Dems AWOL, lawmakers move closer to voteMost Indiana Democrats have stayed away from the opening of the state House session out of protest for a bill they say is harmful to unions. Still, a committee held a hearing on the bill Friday.
The 'Moneyball' effect hits the marketsOur collective ability to process raw data from disparate sources has vastly improved, which will increase productivity and create more effective investments.
Good news on jobs fails to lift stocksDespite a strong jobs report, the Dow lost 55 points to close at 12359 amid continued concern over Europe's financial problems
Private employment up in DecemberPrivate employers added 325,000 jobs in December, bringing the total employment level 1.81 percent above the level seen in December 2010
Jobless rate falls to 8.5 percentEmployers added 200,000 jobs in the month of December
Darth Vader burger? A black bun? Oui!Darth Vader burger arrives Jan. 31 at the French fast-food chain Quick, barely a week ahead of the release of 'Star Wars: The Phantom Menace 3D.' Just don't call it a Darth Vader burger.
Unemployment rate falls to 8.5%; GOP still using jobs as battering ramThe US economy netted 200,000 new jobs in December, and the unemployment rate fell. Even as Democratic politicians hail the jobs report, Republicans say any number above 8 percent is unacceptable by now.
- China's new European trade hub: An Irish town of 18,000
The Irish town of Athlone has approved a project that could bring as many as 400 Chinese businesses to Ireland. With China facing declining growth and Ireland mired in debt, both stand to benefit.
Unemployment rate drops to 8.5 percentThe 'total unemployment' rate fell to 15.2 percent in December, while the traditionally reported unemployment rate dropped to 8.5 percent
