Every time you turn around it seems like there's a new streaming music service. Pandora was among the first a decade ago. Rdio launched in 2010. Spotify came to the U.S. in the summer of 2011. Apple and Google plan to join the fray this year. Music producer Jimmy Iovine is launching a service tied to his headphone brand Beats by Dr. Dre.
What's odd is they are all jumping into a business that, so far, doesn't seem to be turning a profit.
Crude oil prices are up about 20 percent over the past two months. On Tuesday, the price of the U.S. benchmark, West Texas Intermediate, hit $109. Events in Syria are driving the price spike. Syria doesn't produce much oil, but there is great concern that the conflict there might spill over and involve other Persian Gulf nations such as Iran and Saudi Arabia.
Originally published on Fri August 30, 2013 3:29 pm
There's no question that dealing with mortgages, car payments and other bills takes up time and energy. But having a tight budget may also zap our ability to think clearly, scientists report Thursday in the journal Science.
In a series of clever experiments involving farmers in India and shoppers in New Jersey, scientists found that people are worse at solving puzzles — similar to those on the IQ test — when they're first reminded of money problems.
Originally published on Thu August 29, 2013 3:16 pm
The U.S. Department of the Treasury and the Internal Revenue Service announced on Thursday that when it comes to federal tax purposes, same-sex couples who have legally married will be treated the same as straight married couples, no matter what state they reside in now.
In perhaps the largest nationwide fast-food strike in history, the employees who make your 99-cent burgers and tacos were planning strikes in 50 U.S. cities Thursday. Workers are calling for a $15 minimum wage and hoping to raise attention to the fast-food industry's low pay and limited prospects. The current federal minimum wage standard is $7.25 per hour.
A U.S. bankruptcy judge on Thursday indicated that he's leaning in favor of a allowing American Airlines to emerge from bankruptcy, clearing a major obstacle to the carrier's planned merger with US Airways.
The Monopoly game hitting store shelves contains a sleek kitty, which will join the classic Scottie dog and top hat. Fans adopted the cat in an online vote earlier this year. The company shelved the iron after a 78 year run.