Last week, Apple introduced OS X Lion, the newest version of its Mac operating system. Among the usual tech buzz about features, innovations and glitches was Apple’s striking choice to make OS X Lion available only via the Mac …
The U.S. Will Not Default on August 2
The only thing that matters for global markets over the coming days is whether a deal can be struck in Washington over the debt ceiling. That said, there is one major misconception – fostered by politicians – about what the …
The Latest Real Housewife to Go Real Broke
The latest issue of InTouch Weekly features Teresa Giudice on the cover with the headline “I’m Terrified Of Being Poor” and teasers promising “The truth about her shocking debt,” “Bullied by ‘friends’ for being broke,” and “Her …
Debt Debate: Does the U.S. Have a Spending Problem?
A week to go until Debt Ceiling Armageddon, and the bond market and the Dow Jones industrial average seem to be taking the Washington impasse in stride. Stocks were down on Monday, but not much. The price of a 10-year government bond, which you would expect to be affected by the debt default, was down slightly, and yields were near …
Stock Market Predicting iPhone Deals In China
It’s not easy finding any stocks with upward momentum today – not on a day when the Chicago Board of Trade Volatility index (known as the “VIX”) is up 19 points.
Debt Ceiling: How Likely Is a Big U.S. Selloff?
The drawn-out debt ceiling debacle has Washington politicians all in a tizzy. But financial markets — the looming force behind the Treasury’s August 2 deadline for Congress to strike a deal on raising the debt limit — still haven’t been shaken. Many worry the failure to strike a deal by the deadline would cause investors to sell off …
It’s a Deal: Buy One, Get One Free at Men’s Wearhouse
Through Monday, July 25, nearly everything at Men’s Wearhouse is on sale on a buy one, get one free basis. Buy one item from one of the store’s collections (suits, pants, dress shirts, sportswear, etc.), and you’ll get a second item of equal or lesser price from that same collection for free.
No Deal: Skip Borders Underwhelming Liquidation Sales
When something’s called a liquidation sale, the prices just have to be good, don’t they? Actually, they don’t. And here’s proof they’re not at Borders right now.
From Deadbeats to a Target Market: Why Advertisers Are Going After Strategic Defaulters
AdAge says new "own-to-rent" class wields massive disposable income marketers must tap.
Odd Couple Debt Dance In D.C. Spooks Markets
Can two major political parties get along without driving the financial markets crazy? Apparently not, as Democrats and Republicans – the odd couple of U.S. politics – still aren’t on the same page in agreeing to a new debt …
10 Things That Are Actually Getting Cheaper
We live in a time when the costs of things like gas and gold have soared, just as a laundry list of everyday expenses such as coffee, rent, health care, used cars, and bacon are approaching or have already reached all-time high …
Two Promising Telecoms with 5%-Plus Yields
The spectacular success of Apple’s iPhone is spilling over to the telecoms that provide wireless service – particularly the two giants in the business, AT&T and Verizon. This gives rise to an excellent opportunity for long-term investors, since both stocks provide generous yields of 5.2% or more.
