Fifth Third bank has debuted a hybrid credit-debit card called Duo, which is linked to both a checking account and a line of credit. But beware: Using the card could be costly.
Why Vintage Housewares Are a Smart Buy
Everyone wants to save money in the kitchen these days, perhaps spurred on by the hit reality show Extreme Coupononing. But how can you save on things likes plates and silverware? Think old school.
Will Asia “buy up” America?
Those of us old enough to remember the 1980s – and I unfortunately include myself in that category – will probably recall how terrified Americans became about Japan “buying up” the U.S. The fears were sparked by Japanese purchases of American real estate, most notably famed Rockefeller Center in New York City, and other assets, …
It’s the demand, stupid.
At this point, most economists agree that the best way to save the economic recovery is to get moving on jobs. The question is how to do that. After months of dithering, it looks like we may be getting an answer from a down-trodden President Obama. His administration is coming out with a jobs plan next month. And today, the White House …
Wall Street Unfazed by Hurricane Irene
Sure, Hurricane Irene wasn’t the raging monster that forecasters and the media had warned about, but it still left billions of dollars in damage in its wake. Investors, however, have largely shrugged off the storm.
How to Mend Your Home After Hurricane Irene
I have never been happier to live on the fifth floor of an apartment building than over the past weekend, as I watched Hurricane Irene pound single-family homes in the New York metro area. (I have one relative who was rescued …
Success at the Post Office: Fewer Workers Are Paid to Do Nothing
The U.S. Postal Service, which is expected to lose $9 billion in 2011 and may have to close 10% of post offices and resort to five-day-a-week mail delivery, has figured out at least one way to cut costs. By more carefully …
Gas Prices Aren’t Dropping Like the Experts Predicted
Three weeks ago, with crude oil prices plummeting and the stock market in turmoil due to the U.S. debt downgrade, experts foresaw a steady decline in gas prices for consumers. Indeed, prices dipped for a while, but now, after the …
How to Know When the Stock Market’s Hit Bottom
These four indicators, often overlooked, will help you decide when it’s smart to start buying stocks again.
Credit Card APRs Nearing Record Highs
Listen up, cardholders: Make the most of teaser rates while they last. Credit card issuers are aggressively courting new customers with zero percent introductory APRs and balance transfer rates equally as low, but standard APRs …
3 Electric Cars You Can Buy Soon (And 3 That’ll Blow Your Mind)
For American drivers interested in electric vehicles, the options have been limited. The only true EV currently sold in the marketplace is the Nissan Leaf, and until recently it’s only been available in a handful of states. The …
Bernanke to Investors: Don’t Hold Your Breath for QE3
The message out of Ben Bernanke’s Jackson Hole speech: Nothing to see here. Time to move on.
The markets had been clamoring for another round of quantitative easing to give stocks a lift. But Fed chair Bernanke didn’t discuss it, or any of the other blunt tools the central bank has on offer. The Fed “will continue to assess the …