The deals include free coffee, free breakfast, free food for kids all month, and 50% discounts on alcoholic beverages.
Is China’s Economy Overheating?
China’s gross domestic product grew a spectacular 11.9% in the first quarter of 2010, compared to the same period a year before. Qu Hongbin, an economist with HSBC, figures that China’s GDP is expanding at an annualized rate of nearly 11%.
That’s darn fast. Perhaps too fast. Reports from economists about the Q1 figures featured …
How to fix mortgage finance? You decide!
It’s a tough nut to crack: how should the U.S. reconfigure its housing finance system, including lumbering giants Fannie Mae and Freddie Mac, in the wake of the greatest housing-finance meltdown since the Great Depression? In fact, it’s so difficult a question to answer that the Obama Administration is turning for advice to… well, you.
Word of the Day: ‘Trashure’
Referring to an item—perhaps a kitschy lamp, perhaps some reasonably fresh bread—that someone tossed in the trash, and that you take home and prize as a treasure.
Cheapskate Wisdom about … Getting Out of Debt
“The single most important thing that I did was that I addressed it as a personal problem, not a ‘financial problem.'”
Theory: Simplify the Tax Code and You’ll Wind Up Paying More in Taxes
The idea is that it’s actually good for taxpayers to be frustrated with how absurdly complicated it is to do their taxes. Why? Supposedly because that anger is channeled into efforts to curb government spending.
Spencer Bachus: Congressman, Stock Market Addict
Jason Zweig, my former office neighbor at MONEY and one of the best journalists I have ever worked with, uncovered a great tidbit about one of the major players in Washington’s financial reform debate: Republican Congressman Spencer Bachus is actually the E-Trade Baby, or at the very least a close relative.
Bachus?
E-Trade Baby?
…
It’s a Deal: Free Shipping on Orders at Efloors
If you purchase at least $750 worth of laminate, cork, or vinyl flooring by April 19 from Efloors, your order will be shipped for free—no minor discount, seeing as shipping can easily add more than $100 to the bill. Hardwood or bamboo purchases qualify for free shipping if the order costs $99 or more. Also, three flour samples are …
Q&A with the $5 Dinner Mom
Her budgetary goal is pretty simple to follow: The ingredients for each evening meal for her family of four must cost five bucks or less. Her strategies for reaching that goal: Among other things, clipping coupons (big-time), using cash only instead of plastic, and never, ever paying full for anything. Her as-yet unreached goal, which is …
Morning Must Reads: JP Morgan Earns, BofA Hires
–There has been a lot of talk about how banks can’t repeat last year’s trading infused earnings gains. JP Morgan proves them wrong this morning, reporting that it earned $3.3 billion in the first quarter, up an amazing 55% from a year ago. Bank earnings season continues on Friday with Bank of America.
Citi thanks the feds for knocking heads
There was a nice moment in today’s House hearing on reasons lenders aren’t more readily reducing principal as a part of loan modifications (despite evidence that principal reduction has the most shot of keeping homeowners current on their mortgage payments). CitiMortgage CEO Sanjiv Das basically thanked the government for inserting …
Scam Trifecta: Fake Tax Refund Schemes, Facebook Gift Card Fraud, and Health Insurance Policies That Don’t Exist
Whodathunkit: A free $1,000 gift card for IKEA is too good to be true.