Mitt Romney may have made the classic IRA mistake: holding low-tax investments inside a tax-favored account. His IRA strategy isn’t clear, of course. Romney continues to guard his personal finances. But details are trickling …
Apple Rolls Out iPad Textbooks, Publishing Software for Teachers
Apple held an event at the Guggenheim Museum in New York today. The company’s number one initiative: “Reinventing the textbook,” said SVP of Worldwide Marketing, Phil Schiller.
Apple announced iBooks 2, a free app for …
Zappos Breach a Teachable Moment for Shoe-Loving Kids
The Zappos breach showed us that passwords may be the weakest link to protecting your online information. It’s a teachable moment. Here’s how to talk to the kids.
Fine Dining on the Cheap: Restaurants on Sale Coast to Coast
It’s easy to see why the start of the year is a slow time for restaurants. Diners tend to stay home and cook not only because the weather’s cold, but because they probably have yet to pay off the credit card debt accrued via …
Does the Decrease in Defaults Mean Homeowners Are Getting Their Financial Houses In Order?
The social stigma of going into foreclosure seems to have decreased in the last few years as almost three-quarters of U.S. households found themselves underwater with their mortgages, and “walking away” from a home became …
Price Hike for iPhones, iPads: Data Plans from AT&T Are About to Cost More
Updated: Thursday, 3:35 p.m.
AT&T just announced that new data plans for smartphones and tablets will “give customers more data and value.” That’s true, technically. It’s also true that when the new data plan pricing system takes effect starting this Sunday, wireless bills for new AT&T customers will cost more.
Goldman Sachs Only Made $1 Billion Profit Last Quarter
Goldman Sachs confirmed this week what most people already knew: 2011 was a dismal year by Wall Street’s normally high-flying standards. The banking titan reported that net earnings fell by 58% in the last quarter of the year, …
Cash Back: Banks Battle for Your Rollover IRA
Your 2011 tax documents are beginning to arrive in the mail, signaling the start of another tax filing season. Right on cue, financial firms are in a spending battle to win the business of anyone considering an IRA rollover as …
Why You Can Get Fired for Working Too Much
The traditional reasons for letting an employee go include not getting to work on time, not doing the work assigned and unprofessional behavior. Now add this one: working during lunch.
The Unexpected Costs of Collaboration
When it comes to teams, less is sometimes more. In a recent paper, Wharton management professor Jennifer Mueller found that while larger teams generally are more productive overall than smaller ones, individual members of the …
More Fees, Fewer Branches As Banks Cope With Lower Profits
Several big banks have reported their earnings over the past week, and the results aren’t pretty: JP Morgan Chase & Co. had a 23% drop in profits, Citigroup’s fell 11% and regional bank PNC Financial Services Group suffered a 40% …
Is Mobile Gaming Facebook’s Achilles Heel?
Here is a sobering thought with which to start 2012. The human brain has more neural connections than there are particles in the known universe. We are complex, we are magnificent. But what if the destiny of this most marvelous …