Topic: Business
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BP settlement: BP to get $4 billion for oil spill cleanup
BP settlement: Anadarko Petroleum Coro., which had a has 25 percent working interest in BP's Macondo Prospect, the site of the Deepwater Horizon drilling rig explosion, will pay BP $4 billion toward cleaning up the Gulf of Mexico oil spill.
10/17/2011 04:44 pm -
Kinder Morgan buys El Paso, creating natural gas behemoth
Kinder Morgan purchased rival pipeline operator El Paso Corp for $21 billion, creating what will be by far the country's largest pipeline distributor of natural gas.
10/17/2011 04:29 pm -
Gilad Shalit deal: Which Palestinian prisoners will walk free?
Nearly 500 Palestinians are scheduled to be released by Israel Tuesday in an exchange for soldier Gilad Shalit. Here’s the status of seven well-known prisoners (See the whole list here):
10/17/2011 04:22 pm -
The Vote President Obama's economic road show: Why the bus?
To promote his jobs bill, Obama is rolling down the highway this week in a $1.1 million black bus, code-named 'Stagecoach.' The bus, it seems, has some big assets over Air Force One or the traditional motorcade.
10/17/2011 04:08 pm -
Paper Economy Industrial production rises slightly in September
It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007
10/17/2011 04:04 pm -
The Monitor's View What the Occupy protests can do next
The "Occupy Wall Street" protests are a month old, but they still haven't set out specific demands. And for good reason -- most Americans blame Washington for the economic woes.
10/17/2011 03:53 pm -
Robert Reich The rise of the regressive Right and the reawakening of America
A fundamental war has been waged in this nation since its founding, between progressive forces pushing us forward and regressive forces pulling us backward. But whenever privilege and power conspire to pull us backward, the nation eventually rallies and moves forward.
10/17/2011 01:00 pm -
Latin America Monitor Venezuela giving free gas to gas stations
Because of generous subsidies, Venezuelans enjoy the cheapest gas in the world. So why is the state oil company giving gasoline to gas stations for free?
10/17/2011 11:08 am -
The Circle Bastiat The 'Occupy' movement will hurt free enterprise
This whole thing represents blowback against all the varieties of “macroeconomic management” – and that includes “stimulus,” “stabilization,” bailouts and everything else.
10/17/2011 11:00 am -
Stocks: European shares slip from highs
Stocks in Europe lose some gains after German finance minister cautions on eurozone solution. Stocks are up 11.6 percent over the past nine days.
10/17/2011 09:55 am -
The Simple Dollar 30-year mortgage. One last payment. What'll prove I'm debt-free?
30-year mortgage proof of payoff, setting a budget, and baby life insurance are three topics in this week's reader mailbag. Answer to payoff of 30-year mortgage comes in question No. 9.
10/16/2011 07:49 pm -
The Simple Dollar Blame students for loan debt? Not so fast.
Parents and grandparents of today, give those kids a break. They’ve got a much worse financial reality than you did when you walked out of school.
10/16/2011 07:00 pm -
The Simple Dollar How to curb 'forgetfulness' in your discretionary spending
Even little purchases can add up. But there are ways to control your discretionary spending without micromanaging your finances
10/16/2011 11:00 am -
The Daily Reckoning The financial world is twisted
The problems get bigger, with no solutions in sight
10/15/2011 03:00 pm -
Tax the rich: Should millionaires really pay more?
The fight over raising levies on the wealthy, a theme of the 'Occupy Wall Street' protests, is about more than money. It's a clash over fundamental American values.
10/15/2011 02:18 pm -
The New Economy Corporate responsibility is a conservative cause
Many conservatives believe corporate responsibility is a liberal idea. But the roots of corporate responsibility stretch back to ancient, biblical truths.
10/15/2011 12:16 pm -
Six things you probably didn't know about Ayn Rand
Nearly 30 years after her passing, Ayn Rand is experiencing a renaissance as the economy sputters and government efforts to spur growth fall short. With over 25 million copies of her books in print, including “Atlas Shrugged” and “The Fountainhead,” Ms. Rand had a history of engaging groups of dedicated followers on her small government, free market, and individualist philosophy. Now, she's gaining fans among tea party activists and others worried about the spread of government. Here are six things even her fans probably didn’t know about her:
10/15/2011 12:09 pm -
Stefan Karlsson No, Republicans don't want to wreck the economy
Inflationary policies can sometimes (but not always) strengthen an economy in the short-term, but still weaken it in the long-term
10/15/2011 11:00 am -
Got protests? A call to action for Occupy Wall Street, groups worldwide
From New York City to Budapest to Tokyo, protest movements worldwide – including Occupy Wall Street in the US – have dedicated Oct. 15 to voicing their various concerns. What unites them?
10/15/2011 10:58 am -
Foreclosures remain high as Calif. home prices drop
Foreclosures in California are still high by historical standards as median home prices drop 6 percent.
10/15/2011 12:07 am -
Government suspends home-care provision of health-care reform law
The CLASS act, a provision in the heath-care reform law designed to help the disabled and elderly cash to receive care at home, could not be both voluntary and budget-neutral, say health officials.
10/14/2011 08:45 pm -
Horizons What's next for Skype?
Skype officially becomes part of Microsoft Friday. But former Skype CEO Tony Bates says user experience will remain largely unchanged.
10/14/2011 08:00 pm -
Dow turns positive for 2011
The Dow rose 166 points Friday, to close at 11644, turning positive for 2011. Meanwhile, the S&P had its best week in more than two years.
10/14/2011 07:01 pm -
Herman Cain 9-9-9 sticker shock? 18% sales tax possible in some states.
Under the Herman Cain 9-9-9 tax plan, a new federal sales tax would be added on top of existing state and local sales taxes. That means 9-9-9 could yield large sales taxes in some places.
10/14/2011 06:51 pm -
Rick Perry jobs plan: Make rest of America more like Texas
Texas Gov. Rick Perry, in an address in Pennsylvania, says the energy sector could create jobs in plenty of states where there are resources, and vows to lead charge to clear regulatory hurdles.
10/14/2011 05:45 pm



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