Authors: Jeanette Torres
Comstock Images/Thinkstock(NEW YORK) -- It’s been one year since U.S. government bonds lost their AAA rating.
Many experts predicted that the downgrade would push up borrowing costs, but the opposite has happened. Bond prices soared as the yield on U.S. Treasuries fell to new lows.
A year ago, the 10-year...
Authors: Jeanette Torres
Justin Sullivan/Getty Images(NEW YORK) -- While rumors have swirled about a smaller iPad -- or iPad Mini -- over the last couple of months, one thing has given many some pause: Steve Jobs always seemed to hate the idea of a smaller tablet. On an Apple earnings call, Jobs said a 7-inch tablet would be “dead on...
Authors: Carmen Cox
Justin Sullivan/Getty Images(NEW YORK) -- Southwest Airlines apologized Saturday to hundreds of customers who reported being charged multiple times for the same ticket.
Celebrating the milestone of reaching three million Facebook fans, the airline Friday announced the "LUV2LIKE" promotion, which was supposed to save participating...
Authors: Carmen Cox
Scott Halleran/Getty Images for Kelloggs(NEW YORK) -- Gabrielle Douglas is known as "The Flying Squirrel" in the gymnastics arena, but the teenager may also be flying into some big time endorsement deals following her big win in the 2012 Olympics.
The 16-year-old women's all-around gymnastics champion, who also took home a gold...
Authors: Carmen Cox
Clive Rose/Getty Images(LONDON) -- If the experience of past Olympians is any guide, gold-medalist swimmer Missy Franklin could be swimming in money after she heads home to Colorado from the London games.
But the teenager has defied conventions in nearly every aspect of her path to London, where she has already won three gold...
Authors: Joshua Cohan
PRNewsFoto/Kellogg Company(NEW YORK) -- Gabby Douglas made history Thursday when she edged out her competition to win the most coveted title in all of women's gymnastics – a gold medal in the women's individual all-around competition – and a gold medal in the team competition.
Now the 16-year-old Virginia Beach,...
Authors: Carmen Cox
Hasbro(NEW YORK) -- The old-fashioned and digital game worlds might finally be coming full circle this fall. Your favorite social online games from Zynga -- Words with Friends, FarmVille, Draw Something and CityVille -- are being turned into board games by Hasbro.
"For the first time, players will be able to play Words With...
Authors: Carmen Cox
Hemera/Thinkstock(NEW YORK) -- The latest jobs report, which showed the unemployment rate ticked up from 8.2 to 8.3 percent last month, couldn't keep the markets down Friday. U.S. stocks rallied before calling it a week.
The Dow Jones Industrial Average saw its biggest one-day gain since late June, closing 217 points higher...
Authors: Carmen Cox
Photodisc/Thinkstock(NEW YORK) -- What is it, exactly, that the traveling public seems to have against kids? After all, we were all kids at some point. But in the latest online, unscientific survey on whether people would pay extra for adult-only flights, one-third responded they would.
The latest stat comes from...
Authors: Joshua Cohan
Erik Snyder/Thinkstock(NEW YORK) -- It's a common occurrence. You call customer service and you're put on hold: "Please hold for the next available representative. Someone will be with your shortly."
How long would it take you to finally hang up? For one Australian man, it was 15 hours, 40 minutes and one second.
The man,...
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