Hungary

$4 Gas? What a Bargain! (And, No, We're Not Kidding)

Most Americans say that if the price of gas rises to between $4 to $6 a gallon, they're going to make "major" changes in lifestyle. Well, get ready to change, America: In some states prices have already touched the $4 mark. But it could be ever so much worse.

Should Bank Account Numbers Be Portable?

Consumer activists are pushing bank regulators to allow people to take their account numbers with them when they switch banks, just like cellphone numbers. Such account number portability might encourage banks to treat customers better because it would make it easier for them to leave.

Best and Worst Global Stock Markets of 2010

The big national stock market winners of 2010 scored returns far above those of U.S. markets by piggybacking on China's ferocious growth. But rebounding American equities look mighty impressive next to the year's real losers: the victims of the eurozone debt crisis.

ING Forecasts Market Growth of 8% to 12% in 2011

ING Investment Management forecasts that stock markets will rise between 8% and 12% in 2011, thanks to a low-inflation, low-interest environment supported by the Fed, despite weak GDP growth. And for those looking for to increase their investment yields, they have a few suggestions.

Weaker Euro Boosts Eurozone Exports

While most investors and analysts are focusing on the downsides of Europe's austerity moves and the euro's decline, they're missing the big upside: Exports are up, and a weaker euro should propel them higher, offsetting the dampened demand that will result from those unavoidable budget cuts.

Now Hungary's Debt Woes Are Rattling Global Markets

Hungary became the latest member the club of countries on the economic brink Friday after its newly elected government said it might default on its debts. Investors battered European stocks and Hungary's currency, the forint, and pushed the euro below $1.20 for the first time in four years.