More details have emerged in the strange case of Brian Dunn’s resignation as CEO of Best Buy. The company’s board is investigating allegations that Dunn “used company resources to carry out an inappropriate relationship with a …
College Students Are Credit Card Dunces
Even after lawmakers made it harder for banks to give college kids credit cards, credit card debt is still a big problem on U.S. campuses. A new study pinpoints the simple, frustrating reason why: Students don’t know anything …
Develop a Strategy the Smart Way
Strategic planning fails when it has fuzzy objectives, too many people, and a rushed schedule. When your company faces uncertainty and needs to develop a strategy fast, do it the right way:
Feds: Fake Debt Collectors Shook Down 600,000 People and Got More Than $5 Million
Callers from India — often posing as U.S. police officers — called at least 600,000 people across the U.S. about fake debts and took more than $5 million in real money, the Federal Trade Commission announced Wednesday.
Did Gas Prices Really Just Peak? Already?
Don’t rev your engines in celebration just yet. But even though Memorial Day is several weeks off, and even though gas prices tend to rise through the onset of summer, some experts are saying that prices at the pump have already …
A New Chinese Export — Jobs
Bucking the decades-old wave of offshoring of manufacturing jobs to China, other parts of Asia and Mexico, GE said it would move jobs back from these countries to the United States, where it will build water heaters.
Boomers Flock to ‘Longevity Insurance’ for Retirement Security
Guaranteed income in retirement has emerged as a central issue for baby boomers, and fast becoming the solution of choice is something called longevity insurance. It’s a nifty product—but, as you might suspect, hardly flawless.
7 Tax Breaks You Probably Overlooked
Most people know that they get tax breaks on their kids and on the mortgage interest they pay on their homes, but experts say many taxpayers leave a slew of other deductions and credits on the table that could potentially save …
How Apple’s Steve Jobs and Book Publishers Cost Consumers Millions
The U.S. Department of Justice complaint against Apple and five major publishing houses reads like a case study: a powerful, entrenched industry desperately tries to confront an economic disruption caused by the rise of a new …
Why Germany Should Leave the Euro Zone
The departure of Germany would take pressure off the weaker countries, and the costs of breaking up the euro zone will have to be paid no matter who leaves
Tax Day Hazard: Fatal Crashes Increase on April 15
You may want to stay off the roads early next week: a new study shows that the risk of fatal car crashes goes up on tax day.
Uh-Oh: Subprime Lending Comes Roaring Back
“Even I wouldn’t make a loan to me.” That kind of admission from a borrower ought to be a tip-off that banks shouldn’t be showering him or her with car financing and credit card offers, but lenders hungry to raise revenue are …