Economy
Unemployment Rate Falls to 7.8%, Best Since January 2009
The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, even as more Americans come back into the labor force to resume the hunt for work.
Continue reading »Books
Steve Jobs's High School Girlfriend to Tell All in New Book
Steve Jobs's high school girlfriend, and the mother of his first child, is looking to monetize her association with the late technology icon. And judging by what's already known about their on-and-off romance, she should have much of interest to recount.
Continue reading »Energy
Hate Paying $4 a Gallon for Gas? For Imported, You're Paying $8
When gas prices hit $4 at the pump earlier this summer, a lot of motorists were crying Uncle!" They'd be crying all the louder if they realized those first four bucks didn't cover half of it. It's just that the remainder is hidden in your tax bill.
Continue reading »Media
Your Next Cable TV Provider Could Be Google or Apple
Something big is going down in Kansas City. Google is offering lightning-fast Internet and television at ridiculous prices. And it's only a matter of time before Apple disrupts cable the way it redefined the music and smartphone industries.
Continue reading »Taxes
Hillary Clinton Wants to Tax the Rich -- Here, There and Everywhere
Last month, Secretary of State Hillary Clinton suggested that elites the world over are under-taxed, and that governments everywhere should change that. Most commentators just assumed she was trying to export the "tax the rich" meme. But what if she's really trying to avoid exporting the rich?
Continue reading »Retirement
Is Bad Advice Making You Think You'll Never Be Able to Retire?
Why have predictions about retirement become so dour and hopeless? Maybe it's the seeming lack of understanding that so many so-called retirement experts seem to have on the topic. And maybe you're not as bad off as you think ...
Continue reading »Market News
Fed Open to Linking Rate Hike to Economic Gauge
The Federal Reserve wants to find a clearer way to signal to the public when it might start raising interest rates. The Fed plans to keep short-term rates low for at least another three years, but it appears to be leaning toward setting a more specific target.
Continue reading »Company News
Facebook Hits a Major Milestone: 1 Billion Active Monthly Users
Facebook just keeps on getting bigger. Despite the negative emotions generated by its IPO, the leading social network revealed on Thursday that it now has more than a billion active monthly users.
Continue reading »Company News
Starbucks to Allow 'Digital Tipping'
The Seattle-based coffee company says a digital tip function will be added to its mobile payment application starting next summer. A similar option will also be available on Square, a new payment app that Starbucks customers will be able to use starting in November.
Continue reading »Macy's
Retailers Report Slower Sales Growth in Sept
Americans slowed down their spending in September as they took a pause after wrapping up their back-to-school buying, according to monthly reports from major retailers released Thursday.
Continue reading »Election 2012
Undecided Voters: Round One Goes to Romney
Democratic strategist Chris Kofinis and GOP pollster Frank Luntz don't agree on much, but reality is reality. Gov. Romney won the debate. No way to deny it or spin it: It was the moment the Romney campaign was looking for -- a decisive victory that could change the narrative.
Continue reading »Election 2012
Debate Fact Check on Jobs: Who Told The Truth and Who Didn't
Barack Obama and Mitt Romney offered viewers a blizzard of facts and figures Wednesday night, but not all of those "facts" were entirely accurate. Since employment is issue No. 1 for the American people right now, AOL Jobs has fact-checked the candidates' claims.
Continue reading »Company News
This May Be Best Buy's Last Hope
Best Buy founder Richard Schulze apparently isn't giving up on his dream of taking back his company. Reuters reports that Schulze and a consortium of at least four private equity firms are studying the struggling consumer electronics retailer's books to explore what sources say may be an $11 billion buyout.
Continue reading »Currency
Rare Century-Old $5 Alaska Bill to Be Auctioned
The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. Now, to the surprise of the grandson of a turn-of-a-century vice president, it's expected to fetch as much as $300,000 at auction this month.
Continue reading »Retail
What JCP's CEO Has to Say About Falling Sales and Rising Cynics
Nearly a year after taking over as CEO of J.C. Penney, Ron Johnson seems all too aware that his image as a retailing miracle worker has been seriously tarnished. But he's not worried about the backward thinking naysayers -- and he's still determined to prove the skeptics wrong.
Continue reading »Energy
IKEA Chief: We're Leading America's LED Lighting Revolution
IKEA wants to change the way you light your home, one bulb at a time. The Swedish retailer will become the first U.S. home furnishings chain to sell only LED (light emitting diode) bulbs and lamps -- a bold push for the adoption of this energy-efficient light source in the U.S market.
Continue reading »Personal Finance
Credit Card Debt Payoff: How She Shed $32,000 in 22 Months
In 2008, when the foreclosure crisis was raging, Simone Griffin spent her days counseling homeowners behind on their mortgage payments, and her nights worrying about the precarious state of her own finances: $32,000 in debt on two credit cards. Then came her "scared straight" moment.
Continue reading »Company News
Red Lobster, for the Budget-Conscious Non-Seafood Lover in You
The chain that brought seafood to the masses is hoping to broaden its appeal by revamping its menu on Oct. 15 to boost the number of dishes that cater to diners who don't want seafood, and to attract customers who have cut back on spending.
Continue reading »Money and Politics
Safety Net Success Stories: Four Former 47%-ers Speak Out
At some point in your life, were you a 47%-er? On the heels of a leaked videotape in which GOP presidential candidate Mitt Romney spoke harshly of those who pay no federal income tax, some now-successful Americans have been stepping up publicly to answer this question in the affirmative.
Continue reading »Market News
Measure of U.S. Home Prices Rises by Most in 6 Years
A key measure of U.S. home prices jumped 4.6 percent in August compared to a year ago, the largest year-over-year increase in more than six years.
Continue reading »Good deals can be found in plenty of places, but could the cost of going the extra mile outweigh your savings? Here, our experts break things down to dollars and sense. Watch Video