U.S. Business

Drivers are 163 times more likely to get in an accident when they're distracted by texts, emails, or a phone call, according to one study.

Should America ban cell phones for drivers?

An influentional national advisory board wants all 50 states to prohibit cell phone use by drivers — even with hands-free headsets

17 Comments
Cassandra Martin, age 6, lies on a bed in a Texas shelter in 2009: Thanks to the recession, 1 in 45 American children is now homeless.

America's 'bleak' child homelessness problem

A new report finds that a stunning 1 in 45 kids doesn't have a permanent roof over his head

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Chelsea Clinton debuted Monday night as an NBC News reporter, and one critic declared that the former First Daughter is one of the "most boring people of her era."

Chelsea Clinton's 'boring,' 'monochromatic' NBC News debut

Critics find the former First Daughter to be poised to a fault in her first appearance as a news correspondent

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If there was no paper money, says Matthew Yglesias at Slate, then the Fed could slash interest rates below zero, and Americans would have no choice but to spend money or see the value of their savings go down.

Could killing cash save the economy?

Scrapping paper money would allow the Fed to slash interest rates below zero and jumpstart economic growth, argues Matthew Yglesias at Slate

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Struggling department store chain J.C. Penney is hoping to revive its brand with mini Martha Stewart Living outlets within its sprawling stores.

Can J.C. Penney and Martha Stewart save each other?

The department store and the domestic doyenne, both in decline, join forces with a $38.5 million deal

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In "The Muppets," Kermit and the gang try to save their theater from an evil oil baron, a plot line that some conservatives are blasting as liberal propaganda.

Fox's 'surreal' attack on The Muppets: The jokes

Fox Business accuses Kermit of trying to "brainwash your kids against capitalism." Commentators cannot help but chuckle over this Muppet conspiracy theory

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Chevy Volts in a General Motors factory: In three instances, the much-hyped electric car has caught fire days or weeks after crash tests.

Chevy Volts' potentially flammable batteries: Are the cars still safe?

GM's green-energy star hits a speed bump — with some Volts catching fire weeks after being damaged in government crash tests

The struggling Post Office is slowing its first-class mail delivery, which could help the flailing agency save billions of dollars.

Slower mail: A guide to the Postal Service's cutbacks

Birthday cards, Netflix discs, and L.L. Bean catalogs will begin arriving a day later than usual, as the Post Office rolls back its delivery services

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Job seekers at a San Francisco hiring event: The new unemployment rate, 8.6 percent, is the lowest since March, 2009.

The 'happy holidays' jobs report: 5 takeaways

The feds announce that 120,000 new jobs were added in November, while the unemployment rate dropped sharply to 8.6 percent. A 'Christmas miracle'?

American Airlines is hardly the first big carrier to go bankrupt.

Time to nationalize the airline industry?

American Airlines declares bankruptcy, and some analysts argue that passengers would benefit if the government took over the big carriers

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Former Treasury Secretary Henry Paulson reportedly gave top hedge fund managers a secret tip about the trouble at Fannie Mae and Freddie Mac ahead of the 2008 meltdown.

Hank Paulson's 'astonishing' insider tip to Wall Street

Bloomberg reports that as Treasury secretary, Paulson gave a potentially lucrative heads-up to hedge fund managers. Should we be outraged?

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American Airlines filed for Chapter 11 on Tuesday, following the same path as other major carriers that declared bankruptcy in recent years, including United and Delta.

American Airlines' 'painful' bankruptcy: Winners and losers

The debt-plagued airline's parent company files for Chapter 11. That's good news for competitors, but bad news for unions and frequent flyers

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A customer carries shopping bags on Black Friday: The first day of the holiday shopping season saw record numbers of shoppers and sales.

Black Friday and Cyber Monday's record sales: A good omen?

The holiday shopping season is off to a booming start. But do stampedes of bargain-hungry Americans really prove the economy is back on track?

According to a new MSNBC promo, Joe Scarborough's early-morning routine involves a cigarette and whiskey, which his co-host Mika Brzezinski packs her children's lunches and exercises.

Morning Joe's 'obnoxious,' 'sexist' promo

A new ad for the MSNBC show portrays Mika Brzezinski as a multitasking scold — and her male co-hosts as carefree, drunken partiers

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Fed Chairman Ben Bernanke says that newly revealed details about the Fed's bank bailout were kept secret to prevent a stigma against banks that took part.

The Federal Reserve's 'breathtaking' $7.7 trillion bank bailout

A new report on the 2008 financial crisis reveals some shocking numbers that dramatically exceed the $700 billion TARP bailout

25 Comments

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