Fed chairman Ben Bernanke needs your help. Bernanke is looking for a word that means longer than extended to tell people how long he plans to keep interest rates low. And what he is looking for is a word that means a really, really long time–really, really. Superextended. Overextended. Superduper-extended.
So this is what the economic …
Also, is it wrong to take advantage of freebies? And: How much should you be saving for college? (If you’re dropping off your kid at school next week, this is an issue you probably should have addressed earlier.)
Use the coupon code CJ15 (thanks dealhack) to get 15% off orders of anything and everything at Ghirardelli Chocolate.
By most accounts, the housing market is bleak. Home sales were down more than 25% in July. Declarations are being made that we have witnessed the end of the era in which homeownership was a path to wealth, and also, perhaps more welcomed, the end of ever-bigger McMansions.
Notwithstanding Thursday’s slight improvement in weekly jobless claims, it’s been a pretty rough summer on the economic front. On Wednesday we learned that durable goods orders rose a tepid 0.3% for the month of July, less than economists had expected. On Tuesday, existing home sales tumbled 27%, much more than economists had expected, …
What should be the top tax rate for America’s wealthiest citizens? I recently wrote a post arguing why we should think about raising tax rates for the super wealthy. This evoked a range of responses from commenters. tnnumbers wrote:
As others have mentioned, the wealthy no longer limit their investments to America, so even taking into
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According to a new survey, Baby Boomers, Gen X and Gen Y all agree that the smartest financial move is … drum roll please …
The annual Shelving Sale at the Container Store offers a 25% discount off of all lines of shelving, for sales both in the store and online.
When they first emerged onto the discount shopping scene, group-buying sites like Groupon offered discount coupons for a range of merchandise and service with one main caveat: The discounts would only be valid if a specified minimum number of customers agreed to the deal. Now that the masses have jumped onto the group-buying bandwagon, …
Here’s another indication of how, despite months of rolling out new credit card reform regulations, the current card landscape is a lot like the old one, just with a tweaked set of tricks and fees that obey the letter of the law while still milking consumers for revenues. One of the new laws puts a cap on up-front fees of 25% of the …
Apparently, consumers and retailers are equally good at driving each other nuts.
No more need to wait for the double dip in housing. It appears to be here. Earlier today, the National Association of Realtors announced housing market figures for July and the numbers were not nice indeed. Sales of existing homes fell 27% in July from the month before. July was the slowest pace for single family house sales since May of …
