Solar panels prices have kept marching lower this year, extending steep declines seen in 2011 and keeping pressure on hard-hit manufacturers who have struggled to eke out profits, industry experts said. Average selling prices for the photovoltaic modules that turn sunlight into electricity have dropped to 80 to ...
New research to be published in the American Journal of Preventive Medicine has good news for people who want to lose weight, and not such good news for those peddling “popular diets, liquid diets, nonprescription weight loss pills, and diet foods/products.” This well-done national survey of weight loss strategies showed ...
The Federal Deposit Insurance Corp. said Thursday that the number of banks on its confidential “problem” list grew to 775 from 702 in the January-March period. But banks overall posted net income of $18 billion. That was up from $5.6 billion in the same quarter a year earlier. “The banking ...
Yesterday, the Senate approved an amendment to the financial regulatory bill that would provide free credit scores to some consumers in some circumstances. Here’s how it would work if it survives the reconciliation process with the bill from the House and President Obama signs it, according to staff members from ...
MUMBAI:The Mumbai Metropolitan Region Development Authority (MMRDA) has increased itsinvestment estimate for development of infrastructure in the Mumbai MetropolitanRegion (MMR) by Rs 38,000 crore. “We would require Rs 1.13lakh crore to carry out various infrastructure projects till 2014,” saidMMRDA commissioner Ratnakar Gaikwad. There’s a jump of almost50%, considering the agency’s ...
CINCINNATI – Going green has become good business. Just look at store shelves: Sales of “green” products, such as organic foods and natural personal care items, have jumped 15 percent since 2006, according to research firm Mintel International. A wave of promotion is hitting consumers during this week’s 40th anniversary ...
This week’s Your Money column looks at the recent price cuts in reverse mortgages, which allow older homeowners to essentially take a cash advance against their home equity — without having to make any payments. The vast majority of reverse mortgages sold these days are made through the Federal Housing ...
Eurocontrol, the agency in Brussels that is responsible for coordinating air traffic across the region, said the cloud’s impact “will continue for at least the next 24 hours.” British authorities said Friday there would be no flights over English airspace until early Saturday morning at the earliest, and Germany’s civil ...
She was startled by what happened next. When she swiped her debit card at the grocery store, it was declined. It turned out Capital One Bank had taken $224.25 from her paycheck, a quarter of her wages for two weeks of work at a retail chain, and her bank account ...
The health care overhaul package excludes a provision that would have helped same-sex couples: eliminating a tax on employer-provided domestic partner health coverage. While the health care bill passed by the House of Representatives in November included language that erased the tax, which applies to health insurance coverage offered to ...
WASHINGTON – President Barack Obama has signed into law a package of tax breaks and spending designed to give the nation a jobs boost. In a sunny Rose Garden ceremony, Obama said the legislation will help the private sector start hiring again. It is the first of several jobs measures ...
When the stars strutted down the red carpet of the 82nd annual Academy Awards event, the fashion police were eager to identify all the worsts that make the best dish, but the U.S. retail industry was rooting for the good taste of this year’s stylists and designers. The longer the ...
By David Ellis, staff writerMarch 4, 2010: 4:07 AM ET NEW YORK (CNNMoney.com) — Washington’s quest to get big banks to make more loans only seems to get more challenging. After repeated calls by lawmakers over the past year, regulators now appear to be picking up the baton, demanding that ...
WASHINGTON – Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year. The rescue of Fannie Mae and sister company Freddie Mac is turning out to be one of the ...
INDIANAPOLIS – A new study says health care costs for large employers will rise more than 6 percent this year, and more companies are thinking about revamping their benefits. A total of 83 percent of companies surveyed say they have either revamped their health care strategy or expect to do ...
For the second time in a week, Google announced major changes to its controversial social media program Buzz, including those that will give users more control over what information is shared. The company also apologized for “not getting everything quite right” with the program’s release a week ago. Buzz is ...
As the president has stressed, those deficits are an enormous threat to our prosperity. So how could he make a real dent in the deficit? We should subject tax expenditures to budget discipline. “Tax expenditure” is the technical name for spending programs run through the tax system — all of ...
