The International Monetary Fund has just dropped a bombshell, and nobody noticed.
For the first time, the international organization has set a date for the moment when the "Age of America" will end and the U.S. economy will be overtaken by that of China.
And it's a lot closer than you may...
by Mary Pilon
Tuesday, March 16, 2010
What do you get when you mix unemployment, frugal consumers and Internet boredom?
One possible answer -- Fiverr.com, a site that allows you to buy and sell tasks for $5.
The "gigs," all fixed at $5, range from the silly to serious. Among them...
An oil boom on American Indian land has brought jobs, millions of dollars and hope to long-impoverished tribal members who have struggled for more than a century on the million-acre Fort Berthold Indian Reservation.
In little more than a year, oil companies have put dozens of money-producing...
Feb 22, 2010 by Henry Blodget in Recession
The economy continues to struggle toward recovery, but one major problem remains: Jobs.
Specifically, the lack thereof.
Until we get strong job growth, consumer spending will likely remain weak. (It's hard to go hog wild at the mall when you're living...
Posted Dec 16, 2009 08:30am EST by Aaron Task in Investing, Recession, Banking
Related: EEM, VMO, XLF, RSX, PEF, VEA, ILF
Is Sovereign Debt the New Subprime?
That’s a question many on Wall Street are asking as 2009 comes to a close. Just as many subprime borrowers were unable to make their...
Posted by: David Kiley on February 12
Hyundai Motor America is having as difficult a time as most automakers these days coping with the dramatic drop in demand in autos. But one has to admire how the company is going about its business under the leadership of acting CEO John Krafcik.
Filed under: Economy, Geneva Motor Show, Hatchbacks, Volkswagen
Volkswagen's continuing push into the U.S. market could be called Something Old, Something New, Something Borrowed, Something Blue. "New" would be the coming mid-sized sedan, "borrowed" would be the Routan, "blue" would be...
Filed under: Economy, Hatchbacks, Hyundai, Rendered Speculation
It is codenamed "green baby," and it is Hyundai's answer to the Toyota iQ. A Hyundai Europe insider hinted that the car could be funkier and "more basic and functional" than the iQ. The iQ Concept had a pretty neat interior, but...
Detroit 2009: BYD F3DM is the poor man's plug-in Toyota Corolla
Filed under: Detroit Auto Show, Economy, Sedans/Saloons, China
With the departure of a number of automakers from this year's North American International Auto Show, the Chinese found themselves in an unfamiliar location: smack...
By Mike Cassidy
Mercury News Columnist
Posted: 01/12/2009 03:11:00 PM PST
Anybody who's tuned in to the NFL playoffs has heard the Hyundai ad offering a financial safety valve to skittish car-buyers. Me? I usually pay no attention to television ads, but this one stopped me cold.
"What did he...
Tuesday, December 23, 2008
Dozens of the world's wealthiest lost billions in recent months, but these 10 distinguish themselves for some of the biggest flops.
It was a dreadful year for the world's wealthiest as markets and currencies around the world tumbled.
More than 300 of the 1,125...