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Economy

CBS News
CBS News
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Givers Are Now the Needy as America’s ‘New Poor’ Head to Food Banks [VIDEO]

Along with lost jobs and the housing market crash, America’s economic woes have taken another toll: one in six people — 49 million in all — are having trouble keeping food on the table, especially in Forsyth County. Although this Atlanta suburb’s average household income reaches $88,000, one of the highest in the US, their food banks have never been busier feeding the needy.

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Category: Economy, Food, National News Tags:
David Silverman, Getty Images
David Silverman, Getty Images
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Is Your State Paying the Most for Electricity?

Turning up the dial on your thermostat in the fall and winter months is bound to add major coin to your electric bill, so you power through. Unless you live in Utah, and then you really have nothing to worry about, according to new data released this week.

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epsos, Flickr
epsos, Flickr
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One Good Thing About the Recession, People Are Smarter Shoppers — Survey of the Day

The recession may have left unemployment rates a mess and killed the housing market, but if you’re looking for a silver lining, here it is: we’re all better shoppers now because of it.

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Ian Wescott, Flickr
Ian Wescott, Flickr
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Cost of Thanksgiving Dinner to Jump 13 Percent This Year

According to the American Farm Bureau, the price of Thanksgiving dinner will be 13 percent higher this year than last, marking the biggest jump since 1990.

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Category: Economy, Food, Thanksgiving
andrewmorrell, Getty Images
andrewmorrell, Getty Images
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Man Sues Wedding Photographer for the Cost of the Entire Ceremony

After Todd J. Remis of Manhattan got married, he was outraged to discover his photographer missed a few key moments such as the last dance and the bouquet toss, so he decided to sue.

He doesn’t just want the $4,100 photography fee refunded, though. He also wants $48,000 to recreate the entire wedding, including travel costs to fly the bridal party back to New York so the whole thing can be re-shot by another photographer.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Which US States Have the Most Millionaires?

While many in the US are feeling the pinch of the recession, others are enjoying unprecedented boom times.

So says Phoenix Marketing International, which just released its annual roundup of the states with the most millionaires and found that for the second year in a row, the overall number of millionaire households in the US actually went up.

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Category: Economy, Money Matters Tags:
Church Offering
Youtube.com
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If Your Church Offered You Money From The Offering Plate, What Would You Do With It?

As a child when we went to church, we were given a penny or maybe a nickle or dime to put into the offering plate as it came around.   

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Category: Economy, Money Matters Tags: ,
Made In America
iStock Photos
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Made In America: Could College Dorm Rooms Hold the Key to More Jobs

I was watching World News with Diane Sawyer the other night and saw this story.  I really found it interesting.

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OfficeDepot3001
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The Best Labor Day Sales on the Web

Labor Day means a three day weekend and respite from hard work for many, but it also means it's the season for end-of-summer deals. Here are some of the best savings of the season, from clothing to back-to-school gear.

 

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Category: Economy, Money Matters Tags:
Topical Press Agency/Getty Images
Topical Press Agency/Getty Images
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Made In America – Industries That Are Still Hanging On

The Haynes car. One of the first cars to hit the road back in 1893. America was getting ready to turn the corner and head into the next century as an industrial giant.

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Category: Economy Tags: , ,
Kevin Winter, Getty Images
Kevin Winter, Getty Images
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Burt Reynolds Is Facing Foreclosure on His Florida Home

Like at lot of Americans over the past few years, it looks like Burt Reynolds has gotten himself in financial trouble because he refinanced his home.

According to court papers, the 74-year old Oscar nominee has missed more than a year’s worth of payments on a $1.2 million mortgage he took out against his long-time home in Hobe Sound, Florida, and now faces foreclosure.

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Google Maps
Google Maps
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Abu Dhabi Sheikh Carves His Name So Large, It’s Visible from Space

When it comes to wealth, there’s rich and there’s “I can see my name from space” rich.

Sheikh Hamad Bin Hamdan Al Nahyan, a member of the Abu Dhabi ruling family, carved his name — in giant 1000 meter letters — into the desert of an United Arab Emirates island he owns. His sand namesake is so massive that the H, the first A and part of the M have been turned into waterways.

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Category: Economy, Weird News Tags:

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