Since the recession ended, the economy has never grown fast enough to make up for lost ground – and that’s helping to keep household income depressed for as much as half the population.
Obama Administration: Mobile Phone ‘Unlocking’ Should Be Legal
The Obama administration will push to reverse a new prohibition on mobile phone unlocking, after an online White House petition protesting the ban drew more than 100,000 signatures. The ban makes it a federal crime for consumers …
Payday Loans Are Bad Enough Without Banks Getting Into the Act
Consumers who use online payday lenders may be taken advantage of twice: first, by the lenders’ triple-digit interest rates that flout state caps, then with fees tacked on by the borrowers’ own banks.
Encourage Employees to Want to Stay
No employer likes to deal with turnover, especially when losing good people. But your employees need good reasons to stick around. Here are three things you can do to earn their commitment
Turn Yourself into an Expert
Customers like to buy from someone they think of as a trusted expert, so how can you become one?
List Price = Joke Price: 4 Examples of How Original Prices Are Meaningless
When almost no one pays full price, what does “full price” even mean? From cars to college to health care, consumers today are surrounded by huge markdowns—which, when you think about it, wouldn’t exist if goods and services weren’t marked up so high in the first place.
The Real Reason We Love Some Brand Logos — And Hate Others
Wendy’s recently rolled out a new logo in the hopes of updating the company’s image and giving the brand a bit of a facelift. But sometimes the desire for a little nip and tuck can backfire.
Warren Buffett on Berkshire’s ‘Subpar’ Year, Big-Game Hunting and Why He Loves Newspapers
Warren Buffett, America’s most famous investor, holds himself to a high standard. That’s why he described 2012, a year in which his conglomerate Berkshire Hathaway achieved a total gain for its shareholders of $24.1 billion, as …
Will Reform of Fannie and Freddie Kill the 30-Year Mortgage?
The sequester is all anybody wants to talk about. I get it: It’s the hip new crisis sweeping Washington. But remember Fannie Mae and Freddie Mac? You know, the once quasi-independent housing giants whose takeover by the federal government has cost taxpayers upwards of $190 billion thus far? Well, Fannie and Freddie are still owned by the …
Amazon Gets More Same-Day-Delivery Competition: Shutl Coming to 20 Cities
Do you want some stuff, but don’t want to leave the couch? A new same-day delivery service promises near-instant gratification for millions of online shoppers all over North America.
Kids’ Money Made Simple: It’s All About Goals and a Budget
Yet another study shows us how poorly teens do managing money. But this one says the fix is simple.
Legal or Not, Will Americans Ever Buy Horse Meat?
Every week, it seems, another restaurant, supermarket chain, or Swedish furniture maker announces that instead of feeding its customers beef, they — whoops! — accidentally served horse meat. Most Americans, of course, react with revulsion at the very thought. But that’s not stopping advocates from trying to open the first horse meat …