The bottom line
New statistics on job separations
For the first time since September 2008, more people are quitting their jobs than are being laid off by their employers. Fifty-one percent of so-called job separations in February were due to workers quitting, according to the most recently available government data.
CNBC.com
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Electric vehicles are not always the best choice
Electric vehicles aren’t the most environmentally responsible option in every part of the country. In regions where power plants are mostly coal fired, the cleanest choice is a gasoline-powered hybrid vehicle, according to a study by the Union of Concerned Scientists.
Los Angeles Times
Luxury goods market in China soars
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Sales of luxury goods in China topped $30 billion in 2011, up 29 percent over the previous year.
Bloomberg Businessweek
U.S. to become exporter of liquefied natural gas
The U.S. is poised to become a major exporter of liquefied natural gas, a development that could have a major impact on global gas markets. Houston-based Cheniere Energy has won approval from the U.S. government to build the nation’s first facility to liquefy and export natural gas. Natural gas production has boomed in the U.S. thanks to shale drilling.
Financial Times
IMF raises estimates for global economy
The outlook for the global economy is improving, according to the International Monetary Fund, which this week raised its estimates for global growth to 3.5 percent for 2012. That’s up slightly from the fund’s last projection, in January, of 3.3 percent. The euro crisis and a spike in oil prices, the fund said, remain big risks.
CNNMoney.com
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The bottom line
feature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
By The Week Staff Last updated
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The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
By The Week Staff Last updated
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The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
By The Week Staff Last updated
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The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
By The Week Staff Last updated
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The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
By The Week Staff Last updated
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
By The Week Staff Last updated
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The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
By The Week Staff Last updated
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie
By The Week Staff Last updated