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Teaching kids about money: Five common dilemmasParenting is full of tough choices, and some of the hardest involve teaching kids the right lessons about money. Here are five common money-related dilemmas parents face, and how to handle them.
Stocks plunge Friday, but end up positive for MayStock plunge in final hour could be due to portfolio rebalancing and automated trading of stocks, analysts say, which could have exaggerated the market's losses. Also this week in the economy: GDP disappoints, jobless claims rise, but consumers are upbeat.
Ban driverless cars? NHTSA says yes.Driverless cars have grown increasingly sophisticated in recent years. Now the National Highway Traffic Safety Administration wants states to ban them.
Amazon follows Netflix in producing original TV showsNetflix has ventured into original content with 'House of Cards' and the reboot of 'Arrested Development.' Amazon will also produce original shows this summer, and they were picked by users.
US manufacturers know how to win. Here's their secret.US manufacturers can thrive, just look at Tesla and, now, Apple. The trick is for US manufacturers to find the natural advantages that the US offers.
IRS video: Dancing workers. Wrong-footed agency.IRS video, produced for the same 2010 conference as a heavily criticized IRS 'Star Trek' parody, shows IRS employees line dancing. Congressmen and the agency itself call the IRS video an inappropriate use of taxpayer money.
Fire chief $550K pension was a mistakeFire chief's $550K in extra pension money was the fault of Dupont, Wash., state auditors say. The state says the city misclassified the retired fire chief as an independent contractor, letting him work and receive $550K in pension payments.
Social Security and Medicare: time running out to fix them, trustees sayThe Social Security trust funds are on track to go bankrupt in 2033, with payroll taxes only paying for about three-quarters of benefits The Medicare trust funds will deplete even sooner.
Stocks swoon in final hour of May tradingStock sell-off accelerates in late afternoon as Dow loses 1.4 percent of its value, its biggest plunge in more than a month. The S&P and Nasdaq also see big declines.
Economists are optimistic. They're also wrong.Economically, we’ve been down so long everything looks up. But we’re still in the doldrums, and the most recent data gives cause for serious worry.
New caution over municipal bondsMunicipal bonds have provided strong returns with tax-free interest. But now those 'safe' investments look risky as downside risks accumulate for municipal bonds.
- Can you manage your money? A personal finance quiz.
Although three-quarters of Americans think their financial knowledge is good to great, their actual financial literacy is declining, according to a report by the investor education arm of the Financial Industry Regulatory Authority. Are you financially literate enough to manage your own money? Take the Monitor's personal finance quiz to find out if you're a beginner, a financial whiz, or somewhere in-between:
Who benefits from tax preferences? You do.Just about everyone benefits from tax preferences, Gleckman writes, a conclusion reaffirmed by a new Congressional Budget Office report on the distribution of tax expenditures.
$10,000 found, owner unknown. Is it yours?$10,000 found: When a 10-year-old found $10,000 cash in a Kansas City hotel room, he and his dad promptly turned it over to the police, who are still looking for its owner.
Jobless claims jump to 354,000Jobless claims increased by 10,000 to 354,000 claims from 344,000 claims according to Thursday's jobless claims report.
Camel Crush cigarette ads: targeting the young?Camel Crush cigarette ads ran in 24 magazines that target young people, health groups say. The American Heart Association and other groups are asking states to investigate whether the Camel Crush cigarette ads violate tobacco companies' agreement not to target kids.
Stocks rise as Fed concerns easeStocks rose Thursday on Wall Street after disappointing economic reports eased concerns that the Federal Reserve would scale back its stimulus program. Banks and other stocks that stand to benefit the most from an improving economy have surged this week.
Charles Ramsey says ‘no burgers,’ to Cleveland restaurantsCharles Ramsey says no to free burger offers from Cleveland area restaurants. Ramsey, who helped rescue three women imprisoned in Ariel Castro’s house for a decade, became an Internet sensation. But by saying no to free burgers he's moving to take control of his image and put the media's focus back on the tragedy.
EU gives surprise breathing room to its ailing debtor statesThe European Commission on Wednesday eased its deficit targets for Europe's recession-stricken states, suggesting that Brussels feels the continent's debt crisis is under control.
The dangers of living paycheck to paycheckLiving paycheck to paycheck is not a sustainable financial plan, Hamm writes. There are too many things in life that can cause the economic bottom to drop out tomorrow, and if you do not have an emergency fund, you will find yourself in a bad situation.
