Apple's corporate tax rate
Apple paid a corporate tax rate of just 1.9 percent on its earnings outside the U.S. in the last fiscal year, according to a U.S. regulatory filing. The electronics giant paid $713 million on foreign profits of $36.87 billion in the year ending Sept. 29.
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A housing market still in the tank
Nearly two-thirds of housing markets across the country are in worse shape now than when the bust began in 2008, according to a study of 919 counties by the research firm RealtyTrac. Worst hit are Atlanta, Tucson, Salt Lake City, and Cook County, Ill., where home prices have fallen nearly 20 percent in the last four years.
The Washington Post
Boeing's Dreamliner earns rave reviews
United Airlines this week became the first U.S. carrier to fly paying passengers on Boeing’s new 787 Dreamliner. United Flight 1116 flew from Houston to Chicago, to raves from passengers. One aircraft enthusiast called the roomier and quieter jet “just awesome.”
USA Today
Billions owed in child support
Deadbeat parents owe more than $100 billion in unpaid child support, according to the Office of Child Support Enforcement. Half of these payments—some $53 billion-—are owed for the support of children on taxpayer-funded public assistance.
CNN.com
Goldman Sachs trims its ranks
Goldman Sachs has trimmed the ranks of its richly remunerated partners to keep expenses down. The investment bank announced that it now has 407 partners, 31 fewer than it had in February. Goldman is completing a $1.9 billion cost-cutting program, but total pay is up 10 percent from last year.
Reuters.com
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What will security guarantees for Ukraine look like?Today's Big Question From boots on the ground to economic sanctions, here are the measures that might stop Russia taking another bite out of Ukraine
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The US Open's controversial 'superstars' doubles formatTalking Point New shortened competition attracts star pairings and bigger audiences to grand slam tennis event
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Crossword: August 21, 2025The Week's daily crossword
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The bottom linefeature Sedentary habits keep rising; A new home for Twinkies; Taco Bell's new hit; Companies stretch the workweek; Women's wages still fall short
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The bottom line
feature Where to stash your cash; Facebook's tax refund; The value of old phones; The wealth of America's megabanks; Grateful alumni
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The bottom line
feature High cellphone taxes; Companies shore up pension funds; The bite of high gas prices; More dads stay home; Americans' scarce savings; Clorox sales hit a peak
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The bottom line
feature Taxi drivers with college degrees; Morgan Stanley's revealing nicknames; Sleep deprivation and lost productivity; A retreat for Barnes & Noble; Signs of a stabilizing economy
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The bottom line
feature Companies cut spending because of fiscal cliff; Administrative bloat and tuition costs; Market for new and existing homes improves; Annual federal deficit as share of GDP decreases; Federal rules for contracts get flouted
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The bottom line
feature No-growth small businesses; Swift sales for Taylor's new album; Predicting doctors' costs; Airlines face shortfall in qualified pilots; Will Japan slip into recession?
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The bottom line
feature No new jobs in August for small business; Lowest corn harvest in 17 years; Louboutin wins battle over red soles; The growing American lower class; U.S.'s competitive ranking drops; The expanding wealth gap
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The bottom line
feature Facebook tries gambling; The not-so-rich Americans; Pauly D's banner year; Gibson Guitar pays a fine; Let's get women on board!