All Economy
- Save money with a quicker shower. But how much?
A long soak in the shower is a pretty inexpensive treat, but the potential savings from cutting your shower time a few minutes aren't negligible.
- Spain's PM hails 100 billion euro lifeline, denies deficit impact
Prime Minister Mariano Rajoy applauded the large European loan for Spain's struggling banks, but claimed the money would not add to the country's deficit.
- Credit cards: Top 4 tips for retirees Credit cards make sense in retirement, as long as you don't slack off on managing your credit. Seniors who maintain a healthy credit history and high FICO scores will benefit – not only from low interest rates and better terms on loans, but also from leveraging lucrative credit card sign-up bonuses to earn thousands in free travel, cash back, or other merchandise. The key is to use credit cards responsibly. Here are four tips on how to use your credit cards in retirement:
- Toyota Scion FR-S, Subaru BRZ recalled for defects ... in owner's manuals?
Toyota, Subaru are recalling an unknown number of Scions and BRZs for incorrect information in their manuals about how the front-seat airbags work. The airbags themselves are not defective.
- $350 million in Facebook losses?
UBS is reportedly sitting on losses that could be as high as $350 million stemming from its investment in the Facebook initial public offering, and is preparing legal action against Nasdaq as a result.
- The Supreme Court's unpopularity could help Obamacare
The US Supreme Court is facing growing disdain from the American public, increasing the odds that the majority will uphold constitutionality of President Obama's health care mandate.
- Hyundai Accent gets $2,000 price increase for 2013
Hyundai Accent also gets more standard equipment, such as satellite radio, CD player, and USB port. But price increase puts 2013 Hyundai Accent in thick of subcompacts vying for market share.
- Public-employee pensions face a rollback in Calif.
The pensions of public employees have long been considered untouchable. Some politicians are saying those obligations are trumped by the need to provide for the public's health and safety.
- Spain bows to inevitable, will seek bailout
Spain will be fourth euro nation to ask for help. Bailout will be for Spain's troubled banking sector, so no added austerity measures are expected.
- The real effect of expiring tax cuts
In deciding the fate of expired and expiring tax cuts, lawmakers should consider the larger problems facing our tax system. That system is needlessly complex, economically harmful, and widely perceived as unfair. And it fails at its most basic task: raising enough money to pay our bills.
- 401(k) plan: Is it ever a good idea to make an early withdrawal?
401(k) plan has $38,000 and reader has $11,000 in credit card debt. But early withdrawal from 401(k) plan comes with hefty penalties. See question No. 1 in the reader mailbag.
- Stimulus won't save the economy
Both gold bugs and stock market bulls are counting on the Fed to come through with another economic stimulus. And it probably will. But the money won't benefit those who really need it.
- Points of ProgressAs Europe peers into economic chasm, Africa's economy is rising
Reports by the African Development Bank, World Bank, and McKinsey show how Africa continues to offer a bright spot in the global economy.
- Credit card debt is down, but don't cheer
Credit card debt has fallen. But for those deep in debt, the picture hasn't changed much. Many still use credit cards for day-to-expenses.
- Oil prices edge down, near October lows
Oil prices close at $84.10 a barrel, weighed down by global economic weakness and rising production. Oil prices are now 25 percent below their high in February.
- 'Private sector is doing fine'? Obama retracts as GOP mocks
President Obama's remark that the sagging economy is due to cuts in public-sector jobs riled Republicans in Congress, who pledge to extend the Bush tax cuts and repeal health-care reform.
- 'Car Talk' radio show: Magliozzi brothers calling it quits
'Car Talk' will continue in reruns and as print column. But after 25 years of puzzles, puns, and other antics, 'Car Talk' will end in September.
- Obama tells Congress, Europe to get in gear
In a news conference, President Obama capped a tough political week by blaming Congress (again) for failing to pass his jobs plan and urging Europe to address its financial crisis.
- Personal finance: It's rarely black and white
Every person out there has different income levels, different debt levels, different retirement accounts at work, different stress levels, different risk tolerances, and so on. All those issues matter. That’s why it’s personal finance.
- Yes, dividends. Almost always.
No one is saying dividends always work, but in a period like this why wouldn't you want to select for them in a passive portfolio? A good broker never forgets how powerful high dividend payers can be versus the rest of the market.