The U.S. economy is still only muddling through, according to revised GDP numbers out by the Commerce Department. That’s bad news. But more disturbing is the accompanying dollar slump against the euro, and what it says about perceptions of our economy versus Europe’s.
The Commerce Department’s revised report on first quarter GDP …
This weekend wraps up a Gap promotion in which customers who bring in a clothing donation will receive 30% off their in-store purchase. The promotion is valid through Sunday, May 29, and donated clothes collected at Gap stores will be sent to Goodwill.
It takes a certain breed of patriotism to be willing to pay six times more for a product simply because it’s manufactured in the U.S.A., especially in today’s hard-times economy. But even if you are willing to pay a hefty premium …
So far, the G8 is all about getting a Marshall plan for the Arab world, a little juice for Japan, and a dose of sanity for Europe. But what ever happened to that global deal on trade?
It’s not like boosting trade isn’t on everyone’s minds. In a letter to the G8, U.S. Secretary of State Hillary Rodham Clinton and Treasury Secretary Tim …
The HBO docu-drama Too Big To Fail and the book by Adam Ross Sorkin by the same title are billed as the defining history of the financial crisis. But it may be time to rewrite history again.
Recently, there has been some griping about financial lobbying because it seems the big banks are attempting to roll back every regulatory change …
Talk about a million-dollar body: In a new poll, nearly one-quarter (22%) of Americans say they would rather have their dream body for the rest of their lives than win $1 million in the lottery.
On Saturday, May 28, Walmart is hosting an ice cream social, in which participating stores are dishing out free samples of Edy’s ice cream with toppings to all customers.
The title of this post may make some of you suspect that I’m smoking something. How can I think genteel Europe could see public upheaval massive enough to overthrow long-entrenched, democratic regimes, in the way Arab countries have witnessed popular movements upset the political order? Well, maybe the Europeans aren’t ready to storm …
Apple all but owns the tablet market: More than 80% of the tablets sold are iPads. Will it finally face some legit competition this summer?
Adding to the list of post-recession terms such as “unbanked” (individuals without checking or savings accounts), “anti-dowry” (student loan debt holding you back from getting married or buying a house), and “Groupon remorse” …
Just in time for summer, a nonprofit environmental watchdog group announces the 2011 Sunscreen Hall of Shame—and that only about one in five sunscreens passes muster for safety and efficacy.
The eye-popping IPO for Yandex, a Russian search engine few Americans have ever heard of, which managed to raise $1.3 billion on the NASDAQ, is raising more questions about whether we’re in a new tech bubble. So are we? Probably, …