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Are You Saving Too Much? No, Really
Even after the recession decimated the net worth of millions, some economists argue people are being tricked into saving more than they need. At least they have conviction.
“Not Unless the Earth Gets Struck by the Moon” and Other Highlights from Jamie Dimon’s House Hearing
Jamie Dimon returned to Capitol Hill yesterday for round two of his congressional testimony concerning JPMorgan’s springtime trading fiasco.
5 Smart Strategies for Managing Your Debt
Consumers have been good about paying down their debt. But they stink at managing what debt remains. Here are five ways to keep control.
Our Net Worth Is Down 39%. How Worried Should We Be?
It’s unlikely that most families will be able to make up for lost time after a 21-year period in which growth in their net worth has averaged out to less than nothing. However, some analysts are clinging to misconceptions that …
Going on Vacation? Now You Can Put it on Layaway
Layaway used to be reserved for big-ticket items like televisions or leather couches. Now, you can use it for your summer vacation.
The Euro Crisis: Why Greece’s Election Doesn’t Matter
Despite all the attention focused on Greece’s latest election, the results won’t alter the course of Europe’s widening debt crisis
Gas Prices Under $3.50 Nationally—and Under $4 Even in California
Through early 2012, the consensus had it that gas prices would soar through summer, easily hitting $4 or higher around the country. Just the opposite trend has taken hold in the spring and early summer. This week, the national …
More Troubles for JCPenney: Top Executive Departs Amid Sales Slump
Ron Johnson was brought in as JCPenney’s new CEO last year largely due to his experiences with two of the most phenomenal success stories in retail in recent history: Target and Apple Store. What does it mean that Johnson’s …
Facebook’s $10 Million Privacy Payout: Why You Get Nothing
The technology industry is trapped in a cycle of privacy breaches and class actions that do nothing for the average Internet user. The new Facebook settlement is the latest example.
Use Three-Part Lists to Communicate
Lists of three are an old trick of effective persuasion. They distill any message into key takeaways. These lists work because most people can remember three things, and three of anything sufficiently provides proof of a pattern.
Airlines May Have to Pay Up if They Lose Your Luggage (Even Temporarily)
A new congressional report says that airlines should consider reimbursing passengers for checked-baggage fees if their luggage is delayed. But are airlines likely to start giving money back to customers?