In 4th Quarter, Economy Shrank For First Time Since '09
New figures out Wednesday morning show the U.S. economy unexpectedly contracted during the last quarter of 2012.
Business
Paul Krugman's Unconventional Outlook On The Economy
Throughout the debate over the debt and deficit, New York Times columnist Paul Krugman has argued that the deficit isn't so bad in the short run. Krugman, who received the Nobel Prize in Economics in 2008, explains why he believes fiscal austerity is not the solution to debt problems.
A 'Permatemp' Economy: The Idea Of The Expendable Employee
Nearly 13 million people head to work as temporary and contract employees each year, according to the American Staffing Association. In an opinion piece for The New York Times, sociologist Erin Hatton argues that it's time to get rid of the "anti-worker ideology that has come to accompany it."
Rising Postal Rates Squeeze Small Record Labels
When postal rates went up this week, labels who ship CDs and LPs saw rates jump. They say the costs will make their way to music fans.
As Developing World Goes Mobile, Can Apple Make The Sale?
Up to 1 billion people in emerging markets will buy mobile phones in the coming years, and many will use them in lieu of a computer. While this might seem a natural opportunity for Apple, it may be a struggle for the tech giant to land these new customers.
Beyond Portlandia: Subaru Drives For America's Heartland
The Japanese carmaker aims to expand its markets to other states after much success in the Pacific Northwest and the Northeast. "They don't have to be everything to everyone; they have to be something to someone," says Jake Fisher, director of auto testing at Consumer Reports.
Google Explains How It Handles Police Requests For Users' Data
For the first time, Google has posted its policies for when it gives up users' information to the government. It's part of a broader company strategy to push for tougher privacy laws.
Viral Video On YouTube Leads To Scholarship
The video showed an eagle swooping down and snatching up a baby in a park. The video was a project made at a design school in Montreal. When the school realized the clip was going viral, it activated an AdSense account on YouTube, which gives the school money every time someone watches it it.
Free Breast Pumps And The Cost Of Health Care
Health insurers are now required to pay for breast pumps. What will that mean for health care costs?
Spain's Strapped Towns Look To Churches For Cash
Alcalá de Henares is re-evaluating the status of hundreds of church holdings that have been exempt from paying property tax for hundreds of years.