iOS app Android app

Weak Economy

Save Our Starbucks Campaigns Launched: Is Starbucks Brilliant?

Wall Street Journal | Janet Adamy and Anna Prior | Posted 05.25.2011 | Business

Now that Starbucks Corp. has disclosed the 600 locations (see the full, searchable list) it wants to shutter, a phenomenon is taking hold: the Save Ou...

Ask The Economy Magic 8-Ball | David Bourgeois | Posted 05.25.2011 | Home

Federal Reserve Chairman Ben Bernanke has testified before Congress for a second day Wednesday, and unshockingly, his economic outlook wasn't any more...

Starbucks Closure List Revealed: Is Your Shop Toast?

AP, Starbucks, Clusterstock | Posted 05.25.2011 | Business

**UPDATE** The full Starbucks closure list is available here in a searchable web page. *** **UPDATE** Is Starbucks brilliant? Cities and employees ar...

Sorry, Canada, $7 Canadian Is Just $6.98 American!

Dave Burdick | Posted 05.25.2011 | Business
Dave Burdick

"Hey, Canada! You thought that pipeline was worth seven billion dollars? Ha! Yeah, where we're from, that's a $6.98 billion pipeline!" And then I'd smugly shine an apple on my lapel.

How To Get Uncle Sam To Pay Off Your Debt | 23/6: The News, But Funnier | Posted 05.25.2011 | Business

With news that the U.S. Treasury is getting the go-ahead to use billions of federal dollars to guarantee the debts held by Freddie Mac and Fannie Mae,...

Gas, Food, Lodging

Jennifer Donahue | Posted 05.25.2011 | Home
Jennifer Donahue

It's gas food and lodging keeping people up at night. At a recent New Hampshire fair with an diverse economic cross-section of people, I noticed a fe...

Ken Heebner, America's Hottest Investor | Jon Birger | Posted 05.25.2011 | Business

(Fortune Magazine) -- The best mutual fund manager around - a.k.a. Ken Heebner of Capital Growth Management - looks restless. He is sitting in a confe...

The Fannie Effect: Financials Feeling The Hurt

DealBook | Posted 05.25.2011 | Business

Jitters about the solvency of Fannie Mae and Freddie Mac, two government-sponsored mortgage financing companies, took a big toll on financial-industry...

Mortgage Lending Implode-O-Meter Explodes In Popularity

New York Times | Louise Story | Posted 05.25.2011 | Business

The misery in the housing market is registering on the Implode-O-Meter. As millions of homeowners fall behind on their mortgages, a fledging Web site...

GM Job Cuts Likely Coming Soon

Reuters | Posted 05.25.2011 | Business

(Reuters) - No. 1 U.S. automaker General Motors is planning to cut thousands of white-collar jobs and is considering whether it should sell or stop pr...

Lax Real Estate Decisions Hurt Starbucks

New York Times | Brad Stone | Posted 05.25.2011 | Business

Starbucks wants to get back to its roots to help turn around its ailing fortunes. It brought back the pioneering chief executive Howard Schultz to run...

The Hidden Costs Of Layoffs

BNET | Carlos Bergfeld | Posted 05.25.2011 | Business

While layoffs may seem like a good way to cut costs in the short-term, the direct and indirect costs of downsizing can paralyze your company's long-te...

Warren Buffett's Berkshire Hathaway Has Weakest Half Since 1990 | Josh P. Hamilton | Posted 05.25.2011 | Business

July 2 (Bloomberg) -- It must be a bear market because even billionaire Warren Buffett's Berkshire Hathaway Inc. has slumped almost 20 percent since D...

Nation Buys Porn With Stimulus Package

Huffington Post | Posted 05.25.2011 | Business

President Bush's economic stimulus package, which appears so far to have been ineffective in stroking the economy to life, is giving an unexpected rai...

The Vanishing Middle Class

Robyn Blumner | Posted 05.25.2011 | Politics
Robyn Blumner

We now live in a country where there is no financial margin for most families to fall back on in case someone gets sick or a job is lost: life is far riskier than during the 1970s' economic crisis.

The Time For Fed Action Is Now

Vince Farrell | Posted 05.25.2011 | Business
Vince Farrell

Inflation is the cruelest form of taxation. It eats away at buying power and once uncorked, it's very hard to contain.

Dow Negative During This Milennium

Crossing Wall Street | Eddy Elfenbein | Posted 05.25.2011 | Business

The Dow closed at 11,453.42 which means the index is now in the red for the millennium. The Dow closed December 31, 1999 at 11,497.12. Of course, tha...

Hey, At Least The Superyacht Market Is Strong

Wall Street Journal | Posted 05.25.2011 | Business

A new Superyachting Index shows that the top end of the yachting market is still holding firm - at least for now. The index, which is compiled by The...

Mysterious Duo Hands Out Cash At Gas Pump

Hartford Courant | Andrew Porter | Posted 05.25.2011 | Business

PLAINVILLE -- Gayle Kilburn thought it would be just another expensive stop at the pump when she filled up her Chevrolet Impala Thursday morning. But...

Tables Turn, China Tells U.S. How To Run Its Economy

New York Times | Edward Wong | Posted 05.25.2011 | Business

BEIJING -- Not long ago, Chinese officials sat across conference tables from American officials and got an earful. The Americans scolded the Chinese ...

Starbucks To Open 150 More European Locations

Reuters | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Starbucks Corp (SBUX.O: Quote, Profile, Research) is boosting its European presence with plans to license 150 new locations in Br...

MAP: Where Americans Spend Highest Percentage Of Income On Gas

New York Times | Posted 05.25.2011 | Green

Gas prices are high throughout the country, but how hard they hit individual families depends on income levels, which vary widely....

Consumers In Gloomiest Mood Since 1992

Reuters | Pedro Nicolaci da Costa | Posted 05.25.2011 | Business

Consumer confidence plunged unexpectedly to its lowest in 16 years in May as rising gasoline costs and falling home prices made Americans nervous abou...

How Not To Crack The Piggy Bank: 8 Ways To Save A Buck!

Felicia C. Sullivan | Posted 11.17.2011 | Healthy Living
Felicia C. Sullivan

Last week you might have spied me on Fox Business News blathering on about how to pinch pennies in these precarious economic times. However, I wasn't able to fully cover all the ways in which I'm trying to save money without dumpster diving.

Weak Economy Forces Elderly To Delay Retirement

Wall Street Journal | Jennifer Levitz | Posted 05.25.2011 | Business

As the falling real-estate and stock markets erode their savings, many aging Americans are delaying retirement, electing labor over leisure in uncerta...