Marketplace®

Daily business news and economic stories
  • Drinking the Apple-flavored Kool-Aid.

  • Raise your right hand: European leaders hammer out a new European pledge to get the continent's budget deficit under control

  • Hybrid cars win, coal loses as the world's largest energy company looks to 2040.

  • Markets today were like a huffy kid who stomps off because Santa only brought him two out of the three of the gifts on his list. Santa is the European Central Bank.

  • The amount of money consumers owe in credit — excluding mortgages — grew by $7.7 billion in October, hitting a two-year high.

  • German Chancellor Angela Merkel and French President Nicolas Sarkozy lay out their plan for stricter budget controls for eurozone nations in an open letter to European Council President Herman Van Rompuy.

  • All eyes are on Brussels, days ahead of another European summit on the continent's debt crisis and hopes that this time will be different.

  • Consumers will almost $6 billion dollars on holiday decorations this year – the most in seven years – according to new data from the National Retail Federation

  • France and Germany are finally on the same page, both saying they want to modify the treaty that originally created the eurozone. A key element automatically penalizes countries if budget deficits run too high. Hence, the world of the day: Automaticity.

  • The U.S. Postal Service announced that it would shutter more than half of its processing centers next year increasing the number of days to deliver some mail

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