President Obama’s jobs plan, which he outlined Thursday night in a televised speech to the nation, is more ambitious than many people might have predicted. It’s a $447 billion package including lots of tax cuts and some serious infrastructure spending, on things like rehabbing schools and rebuilding America’s decaying transport …
Will More Fed Easing Lead to Currency Wars?
Get ready for monetary easing 3.0. That was the takeaway from Fed chair Ben Bernanke’s speech in Minneapolis today. Bernanke didn’t indicate what form easing might take. But any of the options on offer are bound to tick off countries like Brazil and Switzerland, which are struggling to hold down the values of their currencies against the …
Why NFL Tickets Are Getting Cheaper
Football fans should be happy that the lockout is over, and that, in most cases, ticket prices at stadiums around the country have remained flat. Four pro teams have even lowered ticket prices this season.
Do Fat CEO Faces Equal Fat Profits?
We generally don’t include the shape of a business exec’s face in our investing advice. But according to a new study, maybe we should.
It’s a Deal: Free Breakfast Through September 10 at Chick-fil-A
There are still a couple of days left for consumers to take advantage of this week’s free breakfast giveaway at Chick-fil-A. The restaurant chain is giving away a choice of breakfast entrees to customers who make reservations in advance online.
The Rise of Tattoo Remorse: Heavy Cost to Erase What’s Often an Impulse Decision
Most fads are relatively harmless, inexpensive, and, by their very nature, short-lived. Tattoos, however, have become remarkably trendy at the same time they’re as long-lasting as purchases get. If and when you have that sweet …
Evidence of ‘Robo-Signing’ In Disputed Fannie and Freddie Mortgage Deals
Long before the banks started evicting delinquent homeowners, Wall Street, it appears, used robo-signers to ink mortgage deals that would eventually cost investors tens of billions of dollars and in part led to the financial crisis.
The Sad, Sorry State of the Middle Class
One needs only to browse the headlines, or perhaps observe the bustling action at your neighborhood thrift store, to realize that America’s middle classes have been faring poorly lately.
Oh, the Irony: Identity Theft Prosecutor Is Hacked
Credit card skimming, in which a crook installs a device in an ATM or payment terminal to steal account information, can happen to anybody. For proof, look to Seattle, where Jenny Durkan, the U.S. Attorney for the Western …
How Much Should You Save for Emergencies?
As our national economic malaise threatens to drift into a fifth year (and a possible third presidential administration), more and more people seem to have come to the same conclusion: The best way to deal with future financial …
In Disputed Fannie and Freddie Mortgage Deals Evidence of ‘Robo-Signing’
Long before the banks started evicting delinquent homeowners, Wall Street, it appears, used robo-signers to ink mortgage deals that would eventually cost investors tens of billions of dollars and in part led to the financial crisis.
According to lawsuits filed last week by the U.S.’s Federal Housing Financing Agency, one individual …