For eons, the concept of keeping up with the Joneses fueled people’s desires to acquire the markings of wealth and show them off. With the rise of the Internet, the Joneses aren’t just next door or around town—they’re …
Global Stock Selloff: Is another financial crisis coming?
It’s like déjà vu all over again. Or is it?
That’s the question everyone on Wall Street will be asking as they enter their somber offices this morning. Thursday’s bloodletting on U.S. stock markets followed time zones around the globe as investors engaged in a panic-driven global selloff. Tokyo and Seoul were both down 3.7%, and …
Don’t Panic! For Most of Us, This Market Sell-off Is a Buying Opportunity
The dramatic stock market sell-off of the past two weeks, capped Thursday by a 512-point, 4.3% drop in the Dow, puts us in mind of a scene in Braveheart, when William Wallace (played by Mel Gibson) exhorts his troops to stay …
Are Cash Buyers Making Real Estate Less Risky?
One of the biggest risks to the housing market, many economists have been noting, is the virtual certainty that interest rates will rise, and probably sooner than most people think.
Stock Market Plunge: Why Wall Street Hates the Debt Deal
Leading up to the debt ceiling deadline, everyone was talking about how the stock market would crater if Washington couldn’t reach a deal. In fact, just the opposite has happened. When it became clear last week that Washington …
Farewell to ARMs: The Debt Debacle Should Convince Homeowners To Lock In Their Rates
The debt drama's potential to cause the first large rate hikes in several years should scare some borrowers off from increasingly popular adjustable rate mortgages – but will it?
Stock Market Plunge: Why Wall Street Hates the Debt Deal
Wall Street, it appears, hates the debt deal.
Leading up to the debt-ceiling deadline, everyone was talking about how the stock market would crater if Washington didn’t reach a deal. In fact, the opposite has happened. Just when it became clear last week that Washington was moving closer to a deal is exactly when Wall Street started …
No Joke: Walmart Coffee Tastes As Good As Starbucks
In a new taste test, Walmart’s medium-roast Great Value 100% Colombia coffee was rated on par with the equivalent costing more than double the price bearing the Starbucks label. And no, the taste test wasn’t organized by Walmart.
It’s a Deal: Buy One, Get One Half Off at Payless, Famous Footwear
Two shoe retailers are holding BOGO half-off sales: Buy one pair of shoes at Famous Footwear or Payless, and you can purchase a second pair of equal or lesser value at 50% off. Also, for this week, use the coupon code LOCKER11 to get an additional 20% off your entire online order from Famous Footwear.
Retailers Boost Sales By Marking Goods Down — or Marking Them Way Up
Go big, or go out of business. Time and again over the last few years, retailers have resorted to big discounts as a reliable means to move merchandise and boost sales figures. In some cases, raising prices is accomplishing the same goal.
FAA Shutdown Creates a Mess for Airlines, IRS and Travelers
How College Kids Can Build Credit by Graduation
I never thought it would happen. I’ve been throwing away credit card offers addressed to my daughter for years. But now that she’s 21, entering her senior year of college, I figured it was time for her to experience plastic, …