Ron Johnson's ousting as CEO of JC Penney ends his bid to break retail's cycle of marking products up just to mark them down in sales. Shoppers rejected Johnson's strategy of keeping low prices instead of discounting.

Arizona is deciding whether to start making gold and silver legal tender, just after Utah made the move. You won't be paying for groceries in gold coins, but how will it work?

Given the dismal outlook of State budgets across the country, public universities will have to find a way to compete for talent with fewer resources than their private counterparts.

Glenn Hubbard, former Chair of the White House Economic Council of Advisers under President George W. Bush, discusses the entitlement reform, the economic recovery, and taxes.