(MONEY magazine) — Want higher-fidelity music from your portable music player or smartphone? Invest in one of these upgrades for your earbuds, and the payoff will be loud and clear. The sound: This set of buds performs above its price range, thanks in part to its snug, noise-isolating fit. The ...
CNBC’s Eamon Javers reports the Treasury predicts profits of between $10-$100 billion from the the federal government’s financial crisis bailouts, depending on future economic conditions. The U.S. Treasury Department said on Friday that the many programs that it, the Federal Reserve and banking authorities implemented during the darkest hours of ...
(Money Magazine) — Rather than wait until the summer for your next vacation, take off before Memorial Day. The smaller crowds — and big savings — are well worth the rush. Beat the pack to Europe: Early to mid-May is a great time to visit the French Riviera, says Expedia ...
BRUSSELS — The European Union took a big step on Monday toward building a financial firewall strong enough to prevent the spread of fiscal contagion to major economies like Spain. The move came after Germany dropped its opposition to bringing the Continent’s total bailout capacity to more than 690 billion ...
The U.S. banking system remains exposed to Europe, but stress tests conducted by the Fed found most banks could weather a severe recession triggered by the debt crisis, Bernanke told the House Oversight and Government Reform Committee. “Although a blow up in Europe would be very costly to the American ...
The Democrats: The big difference between the two parties is which levers they look to pull when trying to get out of a slump. Obama’s levers are government and consumer spending. You can see this in the $450 billion jobs plan the White House laid out last year. Over half ...
Several pages of a government report on Freddie Mac and Fannie Mae were heavily blacked-out. A simmering debate on Capitol Hill over how to help more than six million Americans struggling to save their home from foreclosure took a strange twist Wednesday. The redactions were made at the request of FHFA “and/or” Freddie Mac, ...
Churchgoers are among the most common targets for tax scams, the IRS said. NEW YORK (CNNMoney) — The IRS is cracking down on scammers promising elderly and low-income churchgoers “free money” by urging them to claim fraudulent tax refunds. The nationwide scheme, which reaches victims through flyers and online advertisements, ...
CUPERTINO, Calif. — Apple CEO Tim Cook believes the world’s most valuable company has more money than it needs. His next challenge is to figure out whether Apple should break from the cash-hoarding ways of his predecessor, the late Steve Jobs, and dip into its $98 billion bank account to ...
Replacing the dollar bill with a dollar coin could saving the federal government $4.4 billion over 30 years Would you mind a couple of $1 coins clanking around in your pocket if it could save the government some money? The U.S.
(Money Magazine) — It’s tough to stay calm these days. Though the market has rebounded from its Great Recession lows, fears about the eurozone debt crisis and the struggling U.S. economy remain front-and-center on a lot of people’s minds. Amid such instability it sure would be nice to be able ...
Eastman Kodak’s corporate headqaurters in Rochester, N.Y. The company that invented home photography has tossed in the towel on it. Eastman Kodak, the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a ...
By Matthew Craft, The Associated Press NEW YORK — Stocks and the euro fell Wednesday as worries about Europe hang over financial markets. Energy companies fell hard as the price of crude oil plunged 4 percent. The dollar and Treasury prices rose as traders shifted money into lower-risk investments. Italy’s ...
Markets up. Markets down. Turmoil in Europe. You can’t even trust bonds these days. What’s an investor to do? Our man’s solution: simple and boring. FORTUNE — It’s never easy to answer the question that Fortune poses in its annual Investor’s Guide: Where should you put your money now? The ...
NEW YORK (CNNMoney) — My wife was raised by extremely irresponsible parents who used credit cards whenever they liked and never bothered with things like 401(k)s. When we met, she’d never even had a savings account. I need her help so we can save for retirement and our children’s educations. ...
One day I saw my dad trading on eTrade. It looked interesting so I wanted to do it. I had always saved my allowance money and birthday money, and the first thing I bought was Apple stock — when shares were only $100. I now have an eTrade account and ...
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York. “(I)t’s either nefarious or illegal …” Thoseare the words of Bart Chilton, an official with the U.S. Commodity Futures Trading Commission (CFTC).
