Is the iPhone bad for the American economy?

Burning Innovation (Bobby Yip/REUTERS)

I’ve always assumed that the future of the American economy relies on its continued edge in innovation. Well-designed, high-tech products from smart, creative companies, like the iPhone from Apple, would ensure that the U.S. could compete with and stay ahead of China and India. Of course, …

Will Massachusetts Mortgage Ruling Boost House Prices?

Many foreclosures sales are on hold (Robert Galbraith/REUTERS)

A number of market watchers and housing analysts are saying that a recent real estate ruling by the Massachusetts Supreme Court could be a big boon for the housing market. While the ruling may reduce the number of houses for sale for the next few months, it’s not clear

It’s a Deal: JetBlue Flights from $29

During a sale in which tickets must be purchased by January 13, JetBlue offers fares such as $29 between Fort Lauderdale and Nassau, Bahamas, $39 (Boston-Washington, D.C.), $44 (Raleigh-Boston, Long Beach-San Francisco), $69 (New York-New Orleans), $99 (New York-Bermuda, Austin-Long Beach), and $119 (San Francisco-Boston). A seven-day …

Why the $49 iPhone Still Costs Too Much

When the iPhone was introduced in 2007, it sold for $399. A couple months later, you could buy one for half that. Some iPhone models later dropped to $99, and now AT&T is selling the iPhone 3GS for the enticing price of $49. Sounds like an amazing deal.

Can China save the euro?

China’s Vice Premier Li Keqiang has been on a shopping spree in Europe – not for fine French wine or the latest Italian fashions, but for greater influence. Just as Europe is desperate for a new source of ready cash, Li has offered up some of China’s vast hoard of reserves to support the struggling euro zone through its debt …

What Does Temp Hiring Say about the Drop In Unemployment?

Job seekers fill out applications (Mike Segar/REUTERS)

Being a temp is never easy. December was no different.

Friday’s job report left many economy watchers scratching their heads. The report showed a much bigger drop in the unemployment rate than was expected in December. The number dropped to 9.4%, from 9.8% the month before. That …

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