Dear TIME Moneyland,
I’ve always had a passion for animals. My first job was working at a local holistic pet food center, and I loved it. In college, I studied equine science because I thought I wanted to be a trainer. But I …
Warning to Income-Starved Investors: High Yield Means High Risk
Sometimes it pays to state the obvious: higher yield means higher risk. Here are some alternatives for income-starved retirees.
10 Steps For Choosing an Online Bank
A recent chart in American Banker magazine highlighted that free checking at larger banks is getting scarcer. As recently as 2009, 96 percent of banks with more than $50 billion in assets offered free checking; now, that number …
Are Political Suicides Needed to Save Greater Europe?
Greek tragedy strikes again. European and Greek leaders are at each other’s throats about Greece being on the dole. Again. And that’s got investors all in a tizzy about holding onto Greek debt. Again. So where does this leave the ominous eurozone crisis, which appears to have no end?
Here’s the gist of the problem. The “troika” in …
Banks Still Not Easing Credit Card Standards
On a day when the U.S. Labor Department says that the economy created zero jobs in the month of August, fresh data from the Federal Reserve suggests that one key component of U.S. gross domestic product growth — the vaunted …
New Mortgage Suits: U.S. Financial Problems Are Far from Fixed
UPDATE: 9/2/11, 10:15 PM
Remember the financial crisis. It’s back, sort of. This time the worry about the banks is being created not directly from bad loans, but from lawsuits that are now coming out of those now sour deals. And it appears a new round, and perhaps the biggest so far, could be coming came at the banks as soon as next …
Hit by Irene? Check for This Insurance Rider
Homeowner’s insurance doesn’t cover floods. Flood insurance doesn’t cover basements. So what’s a homeowner to do?
Discover Discontinues Random-Number Security Feature
Discover Financial Services is discontinuing a security tool that allowed cardholders to request a randomly generated, one-time-use card number they could utilize for online or card-not-present transactions for which they …
To Kick Off the Labor Day Festivities, Some Grim Employment Statistics
Labor Day weekend is celebrated in honor of workers everywhere. Now, if only there were more companies willing to do the honorable thing and put more workers to work …
Bye, Bye Jobs Growth, Hello Recession?
Zippo. Nadda. Goose egg. The big fat one. That’s how many jobs the economy added in August. And that is really bad news.
Perhaps we should have known that this summer – with the near government default, the European debt crisis, the U.S. credit downgrade, and Hurricane Irene – was bad for the economy. But somehow today’s news that …
Do CEOs Make More than Their Companies Pay in Taxes?
In a new report by the Institute for Policy Studies, 25 of the 100 highest paid CEOs earned more last year than their companies paid in taxes. Not surprisingly, the report has gotten a lot of traction in the media; the Wall Street Journal, the New York Times, and Reuters snatched it up. But more interestingly, Felix Salmon declared the …
A Bank Account for Teens—That’s Custom-Made for Helicopter Parents
The online bank ING Direct is introducing a new debit card and e-banking account designed specifically for teenagers. But considering how the product works—daily spending is limited, there’s no possibility of overdrafts, and …
