Business

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Bike to Work Day: Ditch the car. Pedal. Save $9,000?

Bike to Work Day is a chance for dedicated cyclists to show commuters that there's a better, cheaper way to get to work. Bike to work could save up to $9,000 a year, if you can ditch a car in the process.
Donald Marron
How to fix flawed Medicare budgeting

Budgeting for Medicare's hospital insurance program is flawed. Here are two ways to fix it (and one way not to).
Facebook IPO: Can it survive a downbeat market? (+video)

Facebook IPO likely to do well on its first day of trading. But Facebook IPO would do much better in a stronger stock market.
Stock market futures rebound as G-8 meet

Stock market poised to open higher as leaders of largest economies prepare to discuss Europe's debt crisis. Facebook shares also provide stock market lift.
The Simple Dollar
Making a big purchase? Knowing what you want pays off.

When going shopping for any reasonably expensive item, make a list of the features you actually need before you go and stick to it.
Fixed mortgages: new lows for 15-, 30-year loans

Fixed mortgages for 30-year loan dips to 3.79 percent; 15-year loan averages. 3.04 percent. But record low rates on fixed mortgages have not ignited home sales.
The Entrepreneurial Mind
What the next generation of entrepreneurs will look like

'Generation Z' – the children of Generation X –  will be driven, high achievers for whom the constantly connected, social media world is ubiquitous. And the older generations will have to get used to their multi-tasking personalities
Stocks fall amid discouraging economic reports

The Dow fell 156 points to close at 12442 – the index's 11th loss in 12 days – after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.
In Gear
Honda recall: Acura TL sedans have potential fluid leak

Honda recall involves nearly 53,000 Acuras from 2007 and 2008. Deteriorating power-steering hoses sparked the Honda recall.
Stefan Karlsson
Sweden: a spending reduction success story

Since 2006, when the current Swedish government was elected, government spending relative to GDP fell from 52.9 percent in 2006 to 51.8 percent in 2011, faring much better than the global average.
Robert Reich
Obama's disappointing response to JPMorgan Chase

Even if he didn't want to criticize Jamie Dimon, the president could have used the occasion of JPMorgan Chase's $2 billion trading loss to come out squarely in favor of tougher financial regulation. He didn't.
Honda recall involves 53,000 Acura TL sedans

Honda recall of nearly 53,000 sedans in the US is due to a problem with power steering hoses. Acura sedans from 2007 and 2008 are part of the Honda recall.
The Circle Bastiat
Are universities scared of the online learning movement?

Mainline universities loudly proclaim their love of online learning — and pedagogical innovation more generally — while doing everything possible to slow it.
Facebook IPO: Who's resisting Facebook and why

Four of every 10 Americans are not on Facebook. Will more join or has US growth peaked? Facebook IPO investors want to know: Can the resisters be persuaded to join the social network?
The New Economy
Foreclosures down, short sales up. Are banks getting smart?

Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead.
Oil proceeds: Venezuelan driver wins F1 race with $66 million from Chavez

Venezuela's state oil company, PDVSA, sponsored Formula One champion Pastor Maldonado, stirring controversy over the PR campaign at home, writes a guest blogger.
Who will fuel Facebook's growth? India.

Facebook users in India could surpass US totals in three years as its Internet population is set to triple. The challenge for Facebook: average revenue per person is just $1.79 in Asia vs. $9.51 in North America.
Asia Pacific
Why China's economy may be heading for a hard landing

Business confidence has sunk for the third quarter in a row as a growing number of indicators suggest China's economy is slowing.
Facebook shareholders selling more shares

Facebook stockholder and hedge fund Tiger Global has decided to sell more than 23 million shares, up from 3.4 million a day earlier. Other big sellers of Facebook shares include Goldman Sachs, a Russian billionaire, and two Facebook insiders.
How Greek economic woes could help US consumers

Fears that Greece may default on its debt are spurring interest in US Treasury bonds, driving down interest rates on mortgages and auto loans – but not (alas) for credit card debt.