Business

Christian Louboutin Debuts $50 Nail Polish

Christian Louboutin(NEW YORK) — Christian Louboutin is best known for his signature red-soled stilettos. But the most recent creation from the French designer delivers a different kind of lift. Earlier this week, Louboutin revealed his first foray into the beauty Read More

Profits Plunge at General Motors

Joe Raedle/Getty Images(DETROIT) — The troubles continue for General Motors, as the automaker on Thursday reported an 80 percent drop in second quarter profits from this time last year. GM had previously announced it will pay $400 million to the victims of its Read More

Jobless Claims Down to Lowest Level in Eight Years

iStock/Thinkstock(WASHINGTON) — Jobless claims fell last week, decreasing by 19,000, according to the latest figures released Thursday by the Labor Department. For the week ending July 19, the number of people filing for benefits dropped to 284,000 — the Read More

Nostalgia Turns People into Bigger Spenders

moodboard/Thinkstock(NEW YORK) — Nostalgia is a powerful emotion. So powerful that it can make us spend more money than if we didn’t feel sentimental. Researchers from the U.S., Britain and France wanted to learn just why we are suddenly more apt to part with Read More

No Wonder You Feel Weak at the End of the Workweek

iStock/Thinkstock(ATLANTA) — The 9-to-5, 40-hour workweek. What a quaint concept. If you’re fortunate enough to have a full-time job, you know that actually working 40 hours has gone the way of maps, landlines and movie rental stores. Atlanta-based Premiere Read More

Stocks Boosted by Corporate Earnings

iStock/Thinkstock(NEW YORK) — Wall Street stocks ended mostly higher Wednesday, following corporate earnings reports that provided a boost for investors. The Dow Jones Industrial Average lost 27 points to finish the day at 17086.63, the Nasdaq Composite gained 18 Read More