Economy

For a die-hard shopper, there’s little more frustrating than buying something at full-price, only to see it go on sale shortly thereafter. To ward that off, retailing giant JC Penney has announced that starting Feb. 1, it’s discounting all merchandise by at least 40 percent — permanently.

If you’re starting to plan your summer vacation, you may think buying your plane tickets months ahead of time is a cost-saving move. But according to a new study, that may not necessarily be true.

President Obama proposed a range of policy initiatives during his State of the Union address on Tuesday night, including a call for Congress to shift a heavier tax burden onto the very wealthiest earners and provide financial incentives to domestic manufacturers and energy producers.

Texas lawmakers are denouncing President Barack Obama's decision to reject the proposed Canada-to-Texas pipeline, while environmental groups praised the move as a step toward creating clean energy jobs and decreasing U.S. dependence on oil.

The energy industry, historically, has the most jobs, the lowest unemployment rate, the highest salaries and biggest pay increases.  That's why young people looking for a college major with the best job opportunities would do well to get a degree in one of the many energy related fields.

Retailers reported robust numbers on Black Friday last year, which surprised some analysts because the economy is still struggling and unemployment is high. But new data from the Federal Reserve shows where much of that money came from: credit cards.

A solid education is important for kids. But while you’re busy making sure their reading and math skills are up to par, don’t forget to teach them about money, too — it could keep them from falling into bad habits later on.

If it seems like it’s costing more and more to fill up your gas tank, it’s not just your imagination. On average, a gallon of fuel costs 22 cents more than it did at this time last year. Worse yet, experts think it’ll climb higher still.