Category Archives: America

Stocks trim losses, but end in red on Greek woes

Full Story at Money.CNN.com NEW YORK (CNNMoney) — U.S. stocks recovered most of their lost ground Monday afternoon but struggled to pull out of the red as concerns over Greece continued to weigh on the market. Stocks started the day down about 1% after the weekend came and went without Greek leaders reaching an agreement [...]

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Taco Bell jumps into the breakfast market

Full Story at BottomLine.msnbc.msn.com It’s getting a little crowded in the breakfast nook. Fast food chain Taco Bell announced Thursday that it’s entering the breakfast fray. It joins larger rivals such as McDonald’s, Wendy’s and Subway in a market saturated with breakfast options including specialty coffees to lure in addicts who’ll buy a breakfast sandwich [...]

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Jobs gains may not help Obama’s re-election bid

Full Story at BottomLine.msnbc.msn.com The recent improvement in the job market comes as welcome news for President Obama as he struggles to answer GOP attacks on the campaign trail that he’s mismanaged the economic recovery. There are a lot of reasons, though, that it may be too early for the White House to start cheering [...]

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Housing more affordable than ever … for foreign buyers

Full Story at BottomLine.msnbc.msn.com When it comes to foreigners looking to plant roots in the United States, Florida is the hot spot, especially among Cubans, Haitians and Colombians. The Sunshine State is the most popular among foreign home buyers with 31 percent of all home purchases made there coming from foreign residents, according to a [...]

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Happy New Year? Gas prices on the rise again

Full Story at money.cnn.com ATLANTA (CNN) — Gas prices in the United States increased by more than a dime over the past three weeks, the first increase seen since mid-October, according to a survey published Sunday. The average price of a gallon of regular gasoline was $3.35 as of Friday, the Lundberg Survey found. That’s [...]

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Procrastinators rejoice: Tax deadline extended to April 17

Full Story at BottomLine.msnbc.msn.com If you’re the type of person who likes to wait until the last minute to file your taxes, congratulations: You have two more days to procrastinate. The Internal Revenue Service announced Wednesday that 2011 federal tax returns will not be due until Tuesday, April 17 this year. That’s because April 15, [...]

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In a first, gas and other fuels are top US export

Full Story at msnbc.com NEW YORK — For the first time, the top export of the United States, the world’s biggest gas guzzler, is — wait for it — fuel. Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to [...]

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Sorry kids, Santa’s not coming until January

Full Story at BottomLine.msnbc.msn.com When Emily Russell’s two young sons wake up on Christmas morning, they’ll find that Santa left them a note instead of the videogames they requested. “Hey, I couldn’t get by your house last night,” Russell, a single mother from Kernersville, N.C., plans to write to her sons and sign Santa’s name. [...]

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We are the median: Four kids on $50,000 ‘isn’t that difficult’

Full Story at LifeInc.today.msnbc.msn.com Devin Datus, 39, and his wife, Michelle, 36, are raising four kids, ages 9 to 18, in Utah on his military salary. His wife is a full-time student and stay-at-home mom. TODAY.com’s Life Inc. blog asked the couple about their financial situation as part of a series of stories looking at [...]

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Boeing machinists union ratifies labor deal

Full Story at msnbc.com Boeing Co’s biggest labor union on Wednesday ratified a four-year contract extension, ensuring the upcoming version of the planemaker’s best-selling 737 narrowbody will be built in Washington state and likely ending Boeing’s high-profile dispute with the National Labor Relations Board. The International Association of Machinists (IAM) said 74 percent of the [...]

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States where the most unemployed could lose benefits

Full Story at BottomLine .msnb.msn.com Nearly 2 million Americans currently receiving unemployment benefits stand to lose coverage this January if Congress does not extend the emergency federal unemployment insurance program. 24/7 Wall St. has reviewed a study by the National Employment Law Project to identify the ten states where the most people could lose benefits. [...]

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Car sales could be strongest since ‘Clunkers’

Full Story at money.cnn.com NEW YORK (CNNMoney) — American car buyers were out in force in November, with U.S. automakers posting solid sales in what is expected to be the best month for auto sales since 2009′s “Cash for Clunkers” program. General Motors (GM, Fortune 500) reported sales up 6.9% from a year earlier, while [...]

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AT&T braces for T-Mobile deal collapse

Full Story at msnbc.com WASHINGTON — AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents. The telecommunications group and T-Mobile owner Deutsche Telekom, said they would continue to pursue anti-trust approval for the [...]

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‘Oh, I shouldn’t have’: Retailers make pitch for self-gifting

Full Story at BottomLine.msn.com Last year Hyundai entertained — or annoyed — television viewers with advertisements featuring carol-singing hipsters. This year, the automaker is taking a different tack in early radio ads, urging listeners to “give yourself a gift” of a new Hyundai this holiday season. Retailers, struggling with sluggish consumer spending are pulling out [...]

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