Consumer spending rises while incomes remain flat
Consumer spending rose a modest 0.3 percent in February, a respectable showing given that parts of the Northeast were socked with more than 2 feet of snow during the month. U.S. incomes, however, showed no gain.
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Movie attendance and ticket prices are on the up and up
With movie attendance at its highest level in years, many cinemas around the country have raised ticket prices. Typical increases for conventional movies are less than 5 percent, but the ticket price of a 3-D movie is soaring to $20 at many IMAX theaters and is even higher in Los Angeles and New York.
CBSnews.com
Newspapers see worst year since the Great Depression
Last year was one of the worst ever for the newspaper business. Advertising revenues fell 27.2 percent, or more than $10 billion, from 2008, which at the time was billed as the worst year for newspapers since the Great Depression.
NYTimes.com
Where are the electronic engineers?
There are an average of 34 car recalls a year due to faulty electronics. Yet only two engineers out of 125 employed by the National Traffic Safety Administration specialize in electronics.
Bloomberg.com
The worst investors in America
U2 frontman Bono and his colleagues at Elevation Partners have been named “the worst investors in America” by financial website 24/7 Wall Street. The private-equity fund, named for a U2 song, owns 25 percent of smart phone maker Palm, whose stock currently trades at around $3.90 a share, down from $18 last September.
247wallst.com
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Trump lambasts crime, but his administration is cutting gun violence preventionThe Explainer The DOJ has canceled at least $500 million in public safety grants
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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 Apple's corporate tax rate; A housing market still in the tank; Boeing's Dreamliner earns rave reviews; Billions owed in child support; Goldman Sachs trims its ranks
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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