November 2, 2010 – 3:40 pm
Have you voted today? If not, the following three facts about how Election Day may have an impact on the economy (and on your finances in particular) could be the nudge you need to get to the polls before they close in a few hours. Stocks and commodities have steadily rallied for the past two [...]
September 14, 2010 – 12:22 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. For the first time in history, total student loan debt exceeds total credit card debt in the United States. Borrowers owe almost $850 billion for education, compared with $826.5 billion on credit [...]
August 24, 2010 – 11:30 am
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. In a down economy and with so many people looking for work, job seekers should take every precaution to avoid giving employers a reason not to hire them. Make sure your application [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. If you’re unemployed at the moment, we don’t have to tell you that the situation out there is pretty grim. But you’re not alone: The Senate passed a bill last week extending [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. As we’ve blogged before, this is a tough summer to be a teenager. There are very few job opportunities for unskilled workers this year, as evidenced by the 26.4 percent national unemployment [...]
Last summer, we touched on whether refusing to pay your debt at some point becomes a moral issue. In this week’s New York Times, the topic proves timely still. The article follows the Pemberton family in St. Petersburg, Fla., who have stopped paying their mortgage so they can put their money to more fun use, such as trips [...]
Kiplinger.com has compiled this fascinating infographic about the evolving economics of chicken wings. For decades, the larger and leaner chicken breast has ruled the roost in the poultry aisle, but 2010 marks the first year that the almighty wing is commanding the highest price due to rising demand. Consider this economics at work. Below, a [...]
Ever wonder what goes into determining the inflation rate? The U.K. Office for National Statistics recently announced a change to the list of goods that it uses to calculate the annual uptick in inflation for the Consumer Prices Index (CPI). It’s interesting to see what made the cut: flat irons, Blu-ray DVD players, and powdered [...]
January 22, 2010 – 3:53 pm
Seasoned investors are likely aware of the “January effect,” a trend of the stock market to rise in January as people who sold losing stocks in December (to claim a loss for tax purposes) reinvest that money. But did you know the month can also be an economic predictor for the rest of the year? [...]
January 15, 2010 – 4:39 pm
Not long ago, I received an email from Wachovia Bank advertising a new program called Way2Save. It’s one example of the automatic savings programs now being offered by a range of different banks. Here’s how it works at Wachovia: We’ll transfer $1 from your Wachovia checking account to your Way2Save account when you make everyday [...]