Business
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Tax VOX Now is the perfect time to raise gas taxes
Congress needs to finance highway and transit projects but can’t agree on how. The traditional revenue source is the gas tax. Gas prices are at their lowest levels in years and dropping. Consumers would barely notice if they had to pay a bit more now at the pump. But a gas tax hike won't happen.
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Saving Money Best tablets for Black Friday are at Kmart. Really, Kmart.
The best tablets are just part of Kmart's Black Friday assault this year. In addition to some of the best tablets, Black Friday at Kmart boasts the earliest opening time and more great bargains on electronics.
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Macy's earnings offer clues to the holiday shopping season (+video)
Macy's reported a 23 percent increase in its fiscal third quarter but cut its annual profit outlook because of a sales shortfall in the period. Macy's is the first of the major retailers to report Q3 results, which should provide a glimpse into shoppers' mindset as the retail industry gears up for the critical holiday shopping season.
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In Gear GM scrambled to get new ignition switches 2 months before recall. Why the delay?
General Motors scrambled to secure repair parts in the months leading up to the ignition switch recall announcement this past spring -- months during which the company could've alerted owners of the problem. GM's internal, highly bureaucratic structure is largely to blame.
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Major banks fined $3.4B for manipulating currency markets (+video)
US British and Swiss regulators have fined five global banks $3.4 billion for attempting to manipulate foreign exchange markets — the latest penalties for an industry previously criticized for their role in triggering the global financial crisis. The Justice Department is conducting their own investigations and further penalties are possible.
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Saving Money Black Friday ad at Target has some of the best TV deals ever
Black Friday proved a nightmare for Target last year, so the retailer is hoping to lure shoppers back with a strong selection of deals. Among Target's best Black Friday deals are record breaking deals on TVs and a never-before-seen sale on gift cards.
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Chick-fil-A list of banned words: A smart move by restaurant manager?
A Chick-fil-A restaurant manager apparently posted a list of words employees must no longer use in the workplace. Some experts say he's on the right track.
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Amazon ends Hachette feud. Deal called 'great news for writers.'
Amazon and Hachette Book Group resolved one of publishing's nastiest, most high-profile conflicts Thursday, announcing a multi-year agreement that takes effect early next year. Amazon and Hachette provided few details on the agreement.
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The 30 big name stores that won't open on Thanksgiving Day
A campaign to 'take back' Thanksgiving Day from retail shopping is gathering momentum as some national store chains are trumpeting their closure, while other stores don't want to miss out on possible sales revenue.
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Saving Money Wal-Mart will offer Black Friday price-matching. Who else?
Wal-Mart is one of many retailers to offer some form of price-matching during Black Friday sales. Here's a guide to understanding price matching, including some breakdowns of the Black Friday price matching policies for Wal-Mart, Target, and other retailers.
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US jobless claims rise more than expected, but still trending down
Jobless claims rose 12,000 to 290,000, above expectations for 280,000 claims, but remained near a 14-year low, and stood for a ninth straight week below the 300,000 mark. Economists expect jobless claims to resume their downward trend in the coming weeks.
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Warren Buffett's Berkshire Hathaway buys Duracell from P&G (+video)
Warren Buffett's Berkshire Hathaway said it would buy Procter and Gamble's Duracell battery business in exchange for its entire $4.7 billion stake in the household products maker. Buffet said in a statement that he's always been 'impressed' by Duracell, and shares of P&G fell 1 percent in early trading.
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Robert Reich The real reason Democrats lost big in 2014
If you want a single reason for why Democrats lost big on Election Day 2014 it’s this: Median household income continues to drop, and this is the first 'recovery' in memory in which this has happened.
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Saving Money Prepaid debit cards may get new rules. How they could affect you.
Prepaid debut cards may soon come under new rules from the Consumer Financial Protection Bureau, which is expected to release a proposal Nov. 13. Regulations may affect overdrafts and require clearer disclosures from card issuers regarding what it costs you to use their products
Photos of the Day 11/12
Chinese children arrive for a rehearsal for a welcome ceremony for visiting US President Barack Obama at the Great Hall of the People in Beijing.
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Paper Economy Mortgage rates dip to a 16-month low (+video)
Mortgage rates for a 30-year fixed rate loan fell to 4.08 percent since last week, the lowest in nearly a year and a half. In addition to falling mortgage rates, the the purchase application volume decreased 1 percent and the refinance application volume increased 11 percent over the same period.
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In Gear GM scrambled to get new ignition switches 2 months before recall. Why the delay?
General Motors scrambled to secure repair parts in the months leading up to the ignition switch recall announcement this past spring -- months during which the company could've alerted owners of the problem. GM's internal, highly bureaucratic structure is largely to blame.
-
Saving Money Wal-Mart will offer Black Friday price-matching. Who else?
Wal-Mart is one of many retailers to offer some form of price-matching during Black Friday sales. Here's a guide to understanding price matching, including some breakdowns of the Black Friday price matching policies for Wal-Mart, Target, and other retailers.
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The New Economy Economy added 214K jobs in October; unemployment dips to 5.8 percent (+video)
The economy added 214,000 jobs in October, ticking the unemployment rate down to 5.8 percent – a new six-year low. Many of the supporting figures in the October jobs report, including a dip in long-term unemployment and a small increase in labor participation, were also cause for optimism.
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Tax VOX Now is the perfect time to raise gas taxes
Congress needs to finance highway and transit projects but can’t agree on how. The traditional revenue source is the gas tax. Gas prices are at their lowest levels in years and dropping. Consumers would barely notice if they had to pay a bit more now at the pump. But a gas tax hike won't happen.
-
Robert Reich The real reason Democrats lost big in 2014
If you want a single reason for why Democrats lost big on Election Day 2014 it’s this: Median household income continues to drop, and this is the first 'recovery' in memory in which this has happened.
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The Bite Veterans Day: 21 programs helping vets through farming
This Veteran’s Day, Food Tank brings you 21 organizations from around the world that are working to help veterans heal their wounds through farming and agriculture.
