Jobs
Who Pays Better: Big Companies or Small Companies?
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Complaints over higher tax brackets aside, one rule holds true when it comes to your paycheck: Bigger is better. Now, thanks to a recent report out of the Bureau of Labor Statistics, we now know exactly where to look to score the bigger paycheck.
Continue reading »Labor
What If Henry Ford Ran Walmart?
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Walmart employees across the country are picketing their employer right now, asking to be paid living wages and to be given decent health care coverage. But here's a surprise: History shows that if Walmart gave them those things, it could be great for its bottom line. Just ask Henry Ford.
Continue reading »Family Money
Planning for Trouble: Money and Estate Tips for Every Age
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Many people put off doing estate planning on the grounds that it's too complicated. But it's not that difficult, and the right moves can save both you and your family a lot of trouble down the road. Here are a few things to keep in mind for the various stages of your life.
Continue reading »Credit
How These Teachers Paid Off $48,610 in Credit Card Debt
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It started when they were newlyweds. Dawn and David Van Dyke, both teachers, accumulated a mountain of credit card debt during years of spending beyond their means. Here's how they got their family out from under it.
Continue reading »Earnings
American Airlines Parent Company AMR Loses $238 Million in 3Q
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American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy.
Continue reading »Company News
Nike Severs Ties with Lance Armstrong
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Nike is severing ties with famed cyclist Lance Armstrong, citing insurmountable evidence that he participated in doping and misled the company for more than a decade.
Continue reading »Retirement
Medicare Open Enrollment: Do You Have the Right Plan?
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If you're one of the millions of Americans covered by Medicare, it can be tough to figure out what plans are best for you -- which is why most people just coast through open enrollment and stick with their current coverage. Here's why you should really should take a closer look -- and how to start.
Continue reading »Market News
Stocks Shoot Higher on 3rd Quarter Profits; Mattel Jumps
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Inflation is low, earnings are high, investors are happy. Stocks shot higher Tuesday, giving the market its biggest gain in a month. Results at Mattel, Goldman Sachs, and Johnson & Johnson were all above expectations.
Continue reading »Company News
3 Big Questions for Citi Now That It's Sent Pandit Packing
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The sudden resignations of Citigroup CEO Vikram Pandit and COO John Havens, a day after the bank reported a purportedly good quarter, raise questions about the future strategy for Citigroup. So what might change under new CEO Michael Corbat?
Continue reading »Market News
More Expensive Gas Pushes U.S. Consumer Prices Up
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Higher gas costs drove up U.S. consumer prices in September for the second straight month. Outside energy, there was little sign of inflation. The Labor Department said Tuesday that the consumer price index rose a seasonally adjusted 0.6 percent last month.
Continue reading »Economy
Homebuilder Confidence Hits Highest Level Since 2006
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Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders' communities.
Continue reading »Retirement
Social Security Benefits to Rise by 1.7% on Low Inflation
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More than 56 million Social Security recipients will see their monthly payments go up by 1.7% next year, one of the smallest increases since automatic adjustments were adopted in 1975. The cost-of-living adjustment is linked to inflation, which has been relatively low over the past year.
Continue reading »Company News
Vikram Pandit Quits as Citigroup CEO
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Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday after steering the bank through the 2008 financial crisis and the choppy years that followed. Also resigning: President and Chief Operating Officer John Havens. Citigroup offered no explanation for the sudden departures.
Continue reading »Technology
Apple's 'Little' Event Next Week Likely to Be the iPad Mini Reveal
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Apple has sent out invitations to an event next week that is expected to be its unveiling of the much-anticipated iPad mini. The invitations didn't reveal details, of course, but hinted at something small with the words: "We've got a little more to show you."
Continue reading »Technology
Is This Tablet the Game Changer? (And No, It's Not the iPad Mini)
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Microsoft is hoping that its Surface tablet is ready for prime time ahead of its Oct. 26 roll out -- even as market-dominating Apple prepares for a big event on Oct. 23 that's expected to be the iPad mini reveal.
Continue reading »Retirement
CNNMoney's 25 Best Places to Retire
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Whether you dream of retiring to a big city, small town, resort area or college town, these great places offer reasonably priced homes, low crime and tax rates, quality health care, and more.
Continue reading »Personal Finance
The Problem with Personal Financial Management Tools
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Given the complexity of their financial lives, you'd think boomers would be avid users of the latest money apps and programs. But most aren't. Is it them, or is it the products and services being offered? Turns out it's both.
Continue reading »Family Money
Eat and Grow Rich: How you Can Become a Vegillionaire!
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There are roughly 3 million millionaires in the U.S., and nearly everyone else has a plan to become the next one. But there are about 3% of Americans who may not even realize that they're already on the path to prosperity. What's giving their savings scenarios a leg up? They're vegetarians.
Continue reading »Economy
The Fiscal Cliff: Who Has the Most to Lose If We Fall Off
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Beyond the land of presidential debates, the political arena is getting hotter. The pending economic catastrophe that is the "fiscal cliff" is drawing closer. But the broad numbers the pundits are tossing around hide some interesting truths about who'll feel the most pain if we hurtle over it.
Continue reading »Banking
Morgan Stanley Faces Discrimination Lawsuit Over Subprime Loans
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Morgan Stanley is being accused of discriminating against black homeowners and violating federal civil rights laws by providing strong incentives to a subprime lender to originate mortgages that were likely to go unrepaid.
Continue reading »Wal-Mart Stores
Quebec to Big Retailers: Frenchify Your Signs
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Walmart and several other leading North American retailers are going to court to fight orders from the Quebec Board of the French Language that their outdoor signs be modified in order to appear "more French."
Continue reading »Investing
How High Credit Card Rates Could Be Good News for You
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Despite ultra-low mortgage and savings interest rates, the average credit card rate is still high, and has barely budged over the past year. That's not so lucky for you as a spender -- but it could guide you to a windfall as an investor.
Continue reading »Economy
2 Americans Win Nobel Economics Prize for Match-Making Theory
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Alvin Roth and Lloyd Shapley, two Americans, have won the Nobel economics prize for studies on the match-making taking place when doctors are coupled up with hospitals, students with schools and human organs with transplant recipients.
Continue reading »Company News
Dwyane Wade Dumps Jordan for Chinese Shoe Brand
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In early October, Dwyane Wade, of the NBA Champion Miami Heat, left Jordan Brand, where he had been since 2009, and signed a contract with Chinese sportswear company Li-Ning. Now details about that deal have emerged: Wade will endorse his own brand for the company, creatively called Wade.
Continue reading »Personal Finance
5 Surprising Things You Should Negotiate
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Most of us know we're supposed to negotiate when it comes to buying a house or a car, but how about at the dry cleaner? Or when we're on the phone with our cell phone provider? Hesitate no longer.
Continue reading »Personal Finance
'Rich Dad, Poor Dad' Author Files for Chapter 7 Bankruptcy
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Robert Kiyosaki, author of the bestselling "Rich Dad, Poor Dad" series, has filed for Chapter 7 bankruptcy protection after losing a nearly $24 million court judgment to The Learning Annex.
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