Finance
NEW YORK (CNNMoney.com) — The BP oil spill in the Gulf could cost homeowners $68 million in lost property value over the next year — and up to $3 billion in the next five years, according to a report released Monday. Read more:
There are certain insurance policies that are a waste of your money, according to some financial experts. One of the most wasteful policies, the experts say, is standard life insurance on a child. Life insurance is intended to provide for survivors in the event of a breadwinner’s death. Most kids are not breadwinners in the […]
NEW YORK (CNNMoney.com) — Stocks rallied Monday after FedEx’s improved forecast and a better-than-expected housing market report tempered worries about the economic outlook. Read more…
Washington is poised to launch its most direct attempt to revive small business lending since the financial crisis with a plan to invest up to $30 billion of federal money in small banks and give them incentives to re-lend that money to Main Street companies. The Small Business Lending Fund, outlined by President Obama in […]
accounting jobs Jul 20 Accounting Staff Analysts Saudi Aramco Houston, TX Develops, interprets and implements new accounting systems and procedures. Analyzes … recommendations on the feasibility of accounting information system proposals;… more http://blackamericaweb.jobamatic.com/a/jobs/find-jobs/q-accounting
Most people throw away old cell phones without a second thought. Steven Ortiz is not like most teenagers. This 17-year-old Californian went on Craigslist to turn a used cell phone a friend gave him into a Porsche convertible. Harvard Business School, watch out for this guy. Ortiz’s story brings to mind the similar accomplishment of […]
ATMs are under siege more than ever from skimming. Skimming, where ATM thieves steal your PIN and account number using remote devices, is increasing dramatically. Often done by sophisticated crime rings from the Eastern bloc countries, ATM skimming is becoming a high-tech art that’s hard to detect. That’s bad news for consumers. Experts say that […]
You have to admire Michelle Obama for taking on an issue — healthful eating — that could turn off millions of Americans who themselves are overweight. The first lady is taking on the underlying issues, from improved food labels to more money for better foods in schools, with a vengeance, tackling the problem from many […]
To get unemployed Americans back to work, the federal government is providing incentives to help low- to middle- income individuals go back to school. A $13.8 billion tuition tax credit boost called the American Opportunity Tax Credit reimburses 100 percent of the first $2,000 of educational expenses for lower income students. For the next $2,000 […]
Everybody notices when prices go up. But when they fall, it’s an unacknowledged gift. Ask a typical American family, and they’ll tell you that the surging costs of healthcare and education are among their biggest strains. Energy prices are an ongoing concern, stable now but punishing when they spike. But many consumers don’t realize that […]
(CNN) The mortgage meltdown is hitting the African-American and Latino communities harder than whites, a new study has found. Of borrowers who took out mortgages between 2005 and 2008, some 8% of both African-American and Latino borrowers have lost their homes to foreclosure, compared to 4.5% of non-Hispanic whites, according to a study by the […]
(CNNMoney.com) — Jobs may be coming back, but they aren’t the same ones workers were used to.Many of the jobs employers are adding are temporary or contract positions, rather than traditional full-time jobs with benefits. With unemployment remaining near 10%, employers have their pick of workers willing to accept less secure positions. In 2005, the […]
