Economists find that as women grow more self-reliant, marriages become more about wanting commitment than needing it.
Investors are eagerly buying properties in new developments across the country. But there's a problem: The buildings don't have any residents.
The country may be experiencing the largest housing bubble in human history, Lesley Stahl reports.
On the outskirts of many major cities lie ghost towns -- vacant skyscrapers, new apartment towers with no residents, empty shopping malls that have never been used. But they aren't waiting to be sold. Most of the properties were eagerly snapped up by Chinese investors. But even in the most populated nation in the world, there aren't enough people to live in them.
The problem is that people in China's emerging middle class don't have many places to invest their savings.
An online shirt shop kicked off Amazon for trying to boost its numbers with randomized apparel phrases runs out of cash.
Just days after Amazon (AMZN) shut down Solid Gold Bomb's accounts after it produced shirts with phrases like "Keep Calm and Rape a Lot," company founder Michael Fowler told CNN Money that his company is "dead in the water" as a result. According to Fowler, his company, based in Worcester, Mass., has enough cash to make payroll on Friday and that's about it.
Fowler issued an apology on his company's website, but the red flags leading to his company's demise should have been easier to spot than the offensive slogans on the company's shirts.
Michael Katz claimed the company publicly humiliated him to avoid paying the bonus he was promised after selling his online ad company.
Just after last week's kerfuffle involving CEO Marissa Mayer, her stance against telecommuting in favor of increased productivity and the ensuing opinion of just about everyone in the workforce who's ever started a shift in their pajamas, yet another Yahoo personnel move has found its way into public record.
Michael Katz, founder of the Interclick online advertising company acquired by Yahoo for $270 million in December 2011, prior to Mayer's hiring, claims in a lawsuit that the company tried to "humiliate" him by firing him in a bar a few months ago, according to The Associated Press. Oh, and there's the small matter of the first of three $1.3 million installments of his retention bonus he was scheduled to receive in January 2013, just weeks after he was let go.
First, the Swedish mega-chain got caught in the horse meat scandal. Now, it finds out China has dumped nearly 2 tons of its tainted chocolate cake.
For the Swedish purveyor of discount, do-it-yourself furniture, those were the salad days. But after Ikea took its eyes off the non-salad items at its afterthought food counter, things started getting as shaky as a coffee table missing its locknuts.
According to Agence France-Presse, Ikea has filed suit against a Swedish meat provider after horse DNA was found in the beef used to make Ikea's sausages and beloved meatballs at its European locations. And in China, The Associated Press says health officials turned nearly two tons of Ikea chocolate cake into landfill fodder because it violated food quality standards.
A wildlife group is pressuring the search giant over ads promoting illegal sales of African ivory and products from other endangered wildlife.
The slogan "let the buyer beware" surely applies to anything purchased online -- and it sometimes applies to a website that helps you find stuff as well. Google (GOOG) has landed in the uncomfortable position of apparently enabling the sellers of items made from endangered wildlife species.
The Environmental Investigation Agency (EIA) is calling on Google to remove thousands of ads from its Google Japan shopping site, including ads that offer to sell whale and elephant ivory products. In a press statement, the EIA -- a nonprofit advocacy group with offices in Washington, D.C., and London -- notes the ads are contrary to Google's own policies.
The organization says about 80% of the questionable ads are for "hanko," traditional Japanese signature stamps, often inlaid with ivory, used for official documents.
The judge in Macy's lawsuit over Martha Stewart warns Penney that it could end up with a lot fewer home goods for sale.
J.C. Penney (JCP) might be heading for a disaster this spring.
The judge in the lawsuit filed by Macy's (M) over Penney's rival contract with domestic diva Martha Stewart issued a stark warning: Empty shelves might be on the horizon for Penney customers.
New York State Supreme Court Judge Jeffrey Oing told Penney's attorneys on Monday that he could order home products with Stewart's name off Penney's shelves this spring, according to The Associated Press. That would spell more problems for the retailer, which last Wednesday reported a complete wreck of a holiday quarter.
Empty shelves are never a good sign, but what would make the situation worse is that Penney is planning a big rollout for its Martha Stewart products on Mother's Day, May 12.
Twitter users put their heads together to lay down the right soundtrack for the Dow's all-time highs Tuesday.
That's what creative thinkers on Twitter were discussing Tuesday, laying down the soundtrack for the day with song titles that best described what was happening to the market.
There were the obvious songs mentioned with the #DowSongs hashtag, such as "Defying Gravity" from the musical "Wicked." And "The Gambler" from Kenny Rogers probably applied to plenty of investors wondering Tuesday whether to hold stocks or walk away.
The non-investing world might be singing Morrissey's "We Hate it When Our Friends Become Successful," suggested one Twitter user.
Prince Alwaleed claims the magazine's annual ranking of billionaires is biased against Middle Easterners. Forbes says he's in an 'alternate reality.'
Forbes' annual rankings of billionaires is sparking a brawl, with accusations of bias and financial shenanigans flying between the magazine publisher and Saudi Prince Alwaleed Bin Talal.
It's an unusual place to find Forbes' billionaire list, which typically offers the more sedate amusements of providing the have-nots with a glimpse of the huge fortunes behind the likes of Microsoft's (MSFT) Bill Gates and Berkshire Hathaway's (BRK.B) Warren Buffett. (Microsoft owns and publishes moneyNOW, an MSN Money site.)
But this year's annual billionaires list has turned into something of a slugfest. That's because Prince Alwaleed on Monday said he had "severed ties" with the Forbes list, accusing it of using a "flawed' valuation method that's biased against Middle Eastern investors.
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The increasing frequency of these deadly disasters burdens government budgets and could mean new fees for homeowners in harm's way.
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[BRIEFING.COM] The S&P 500 trades lower by 0.2% after starting today's session in the red. Eight of ten sectors trade in the red with telecom services and financials leading to the downside. The two sectors trade with respective losses of 0.8% and 0.5%.
On the upside, two growth-sensitive groups, energy and materials, hold respective gains of 0.1% and 0.2%.
Also of note, the CBOE Volatility Index (VIX 17.07, +0.46) has jumped above 17.00% as investors adjust ... More
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After Tuesday's rally, expect a big raid no matter the news. That's probably the safest way to play it ahead of the Fed.