AltRec is hosting an eco-friendly gear sale this week in honor of Earth Day. There’s an entire section in which clothing and gear is more than 50% off.
Why ‘Buyer Beware’ Is Bad for Business
An ethicist argues that we must abolish caveat emptor and mandate truth in advertising. If that can be done, he says, it’ll be good not only for consumers, but businesses and the economy as a whole.
The Global Economy: Stronger, but where are the jobs?
There’s a growing consensus among economists that the global economic recovery is looking better and better. Those fears of a “double-dip” recession, in which the world takes a second tumble into a downturn, are fading. Barclays Capital recently upgraded its 2010 GDP growth forecast for the U.S. to 3.8% from 3.5%, and had this to …
Cheap and Green: When Environmentalism and Saving Money Meet
Ain’t it nice when you can do some good for your finances and Mother Nature at the same time?
Pitfalls That Can Ruin You Financially
Stay away from payday loans, reverse mortgages, and, even if it’s for your best buddy, cosigning a loan. Also, it really is best to keep up with your mortgage payments, even if you’re underwater and walking away seems like the best strategy.
A turning point for foreclosures?
Good news in the WSJ this morning: mortgage delinquencies are on the decline. According to LPS Applied Analytics, the number of loans that were at least 30 days past due or in foreclosure declined by 8.6% in March. That’s the second month in a row we’ve seen a drop. The president of LPS, which does mortgage processing for most large U.S. …
Saving Money Way More Satisfying Than Spending It
In a survey of people with incomes over $75K, more than half of those polled say that they get more satisfaction from saving money than they do spending it—especially when we’re talking about purchasing jewelry, clothing, and luxury goods.
Morning Must Reads: Citigroup Earns and Who Knew What at Goldman
–Could Citigroup really be on the mend? After years of disappointing results, Citigroup looks like it had a genuinly good first three months of this year. Analysts were expecting the bank to basically break even, instead the company earned $4.4 billion. Sure, nearly a billion that came from positive marks, but there’s still plenty of …
It’s a Deal: Second Blizzard for 25¢ at Dairy Queen
Participating Dairy Queen locations are offering a second Blizzard for a quarter when you buy the first one at full price. A coupon is require (thanks DealNews). The promotion is valid from April 19 to 25.
The Unemployment-Tightwad Connection
An adviser to President Obama explains that low consumer demand for goods and services is what’s responsible for the country’s high unemployment rates. In other words, because people aren’t spending money, other people don’t have jobs that would have been funded largely by that spending. And why aren’t people spending? One reason is that …
Word of the Day: ‘Pantcycling’
As you might guess, “pantcycling” is the act of recycling pants. From April 16 to 25, pantcycling is also a way to get $5 off a new pair of pants at Sears.
How Much Might Goldman Sachs Have To Pay?
The Securities & Exchange Commission on Friday sued investment bank Goldman Sachs for defrauding investors. It could severely damage Goldman’s reputation and a settlement, if it happens, could be very expensive.
The sheer spectacle of the U.S. Government charging Wall Street titan Goldman Sachs with civil fraud has been enough to …