There have been a lot of people blabbing on for the past few months about the new found thriftiness of the American consumer. The savings rate is up, and credit card balances are down. Well it appears, that that later piece of news does not fit as neatly into the thriftier American thesis as it appears.
Paper or plastic?" is no longer the question most often on store clerks' lips in the nation's capital these days when shoppers are buying food. Instead, cashiers here routinely ask customers if they want a bag at all, since they have to pay a nickel for each disposable sack they use to hold their groceries, snacks or takeout meals.
Should unemployment benefits be cut off after, say, six months or a year, even in tough times, forcing the jobless to take any job they can find -- if they can find one? Or, as supporters say, do the benefits bolster not just individual families but also the entire economy?
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Bank of America just announced it will stop charging overdraft fees of $35 for most of its debit card customers. You may think that if you pay your bills on time and don't suffer overdraft fees that the changes don’t apply to you. Well, think again.
For many California areas, unemployment rates moved persistently higher in January, indicating that the national economic recovery hasn't yet translated into jobs for the Golden State. The state's jobless rate of 12.5% in January was its worst on record and fifth-highest in the nation, but for eight counties it is over 20%.
Inventors gather at AJ Khubani's conference in Los Angeles to see if they have the next hot invention.
Ten years ago today, the NASDAQ composite peaked at 5132.52. But then the dot-com bubble burst dramatically and markets crashed so spectacularly that the affects are still being felt today. But could there be another crash on the horizon?
The expression "as good as gold" suggests that gold is something of a sure thing when it comes to investments. But, while gold and other commodities remain a solid investment choice, when it comes to investing there's no such thing as a sure thing.
Carlos Slim Helu takes No. 1 spot on Forbes World's Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery.
Looking on the bright side about a dead-end job can kill your drive to find a new one.
Question-Everything/Ked Benson's sobering infographic puts our current economic situation in perspective. All of a sudden 100 Billion doesn't seem like much and Bernie Madoff looks like an angel in comparison (Wow, even the MPAA looks good in comparison!).
The Credit CARD Act is good news for consumers and puts a stop to many of the more nefarious practices of the credit card issuers. But it doesn't stop everything, and they are already finding new ways around it.
Investors are pumping more and more money into web services that are heavily reliant on Facebook. So how big is the economy around the world's most popular social network?
The Transportation Department next month will begin having the option of fining airlines any time a flight departs more than 3 hours late. An indignant Continental Airlines CEO Jeff Smisek says his company will cancel flights altogether rather than risk such fines... Have a nice day and thank-you for not flying Continental.
Owners of Toyota's iconic Prius hybrid model who thought they'd escaped the rash of Toyota recalls need to think again. The company is working on a fix to reshape accelerator pedals so that they cannot be trapped by floor mats, and will issue details within weeks.
The relationship between money and happiness is stronger for people paid hourly because they're more often reminded of how much they earn, according to researchers at Stanford University and the University of Toronto. That lets workers more easily measure their value, which in turn increases happiness.