In much the same way that outlet malls are booming due to a combo of a shaky economy and shaken consumers, retailers that cater to thrifty-minded shoppers have benefited during an era that’s been mostly bad for business. Here are …
ForSaleByOwner.com Founder Sells Condo — Using Real Estate Agent
Correction: An earlier version of this article mistakenly identified Colby Sambrotto as a founder of FSBO.com. In fact, he is a founder of ForSaleByOwner.com.
They’re known as “FSBOs” — properties that are For Sale By Owner. Every year, hundreds of thousands of properties are listed, not by real estate agents, but by the owners …
Back-to-School Special: 9 Credit-Card Tips For Students
Even as school starts up again around the country, students may already be falling behind in one critical area of knowledge: How to choose and use credit cards. Unfortunately, until financial education is taught in high schools …
Will Germany’s Slowdown Doom Global Growth?
As if Europe doesn’t already have it bad enough, here comes some more foul news: Germany’s growth, widely considered to be the saving grace of the flailing eurozone, is grinding to a halt. The question is what that means for struggling Europe and the global recovery.
Only a year ago, the region’s biggest economy seemed to be powering …
Why Buffett’s Plan To Tax the Rich Won’t Fix the Debt
The chattering class is agape over an op-ed in The New York Times on August 14, written by a billionaire, for billionaires, and about billionaires. The op-ed was penned by investment legend Warren Buffett, chairman of Berkshire …
When is $11.4 Trillion in Debt an Improvement?
The Federal Reserve Bank of New York released a report on Monday that shows America is chipping away at its collective debt — but slowly. According to the Quarterly Report on Household Debt and Credit, overall consumer debt was down by $50 billion at the end of June. If that seems like a lot, it’s not; in fact, it’s a measly 0.4 percent …
Busted Recovery: How Much is Housing to Blame?
In early spring, when the news came out that housing had entered a double dip – prices were falling again – it seemed like an outlier. The jobs market was picking up steam. Corporate profits were up. The stock market was rising. A lot has changed in just a few months. Now the question is whether housing was a leading indicator for the …
Paul Krugman: An Alien Invasion Could Fix the Economy
According to the New York Times columnist and Nobel Prize laureate, you know what would end the economic slump in 18 months? Aliens.
Why the Swiss Don’t Buy Swiss Cheese
The soaring Swiss Franc offers an important lesson for long-term stock investors.
A Day Late and a Dollar Short? IPOs On Ice Until Market Improves
With Wall Street in chaos, IPO candidates are forced to play a waiting game.
How Attractive Clothes Shoppers Affect Our Buying Habits
Will Chinese Inflation Squeeze U.S. Consumers?
Will U.S. consumers make the comeback we need to stave off another recession? That’s a question markets and economists have been pondering ever since the Fed announced it would keep interest rates low until mid-2013. The Fed’s pledge aimed to pump up borrowing and spending to egg on much-needed U.S. growth. But with consumer confidence …
