Money Matters
Apple Named America’s Most Profitable Retailer, But Which Company Took Second? — Dollars and Sense
In news that would make Steve Jobs proud, Apple has been named America’s most profitable retailer, beating out other powerhouses like Tiffany & Co., GameStop and Select Comfort.
$107K Electric Bill Shocks Family
Imagine opening your monthly electric bill and finding you owe $107, 625.16. It happened recently to a Chicago area family.
What Are You Doing to Observe ‘America Saves Week’? — Dollars and Sense
In an effort to hit the pause button on wanton spending and focus on the importance of squirreling away a little money for a rainy day, February 19-26 has been set aside as “America Saves Week.”
Would You Rather Have Higher Pay or Job Security? — Survey of the Day
In this economy, people are lucky just to have a job.
Which is perhaps why the majority of Americans would pick job security over higher pay, if given the choice.
Get Ready — Your Smartphone May Soon Work Even Slower — Dollars and Sense
The Federal Communications Commission (FCC) says wireless resources are not infinite.
In fact, the smartphones to which we’re all so addicted are gobbling so much bandwidth that as early as next year, we could be paying more for our service — not to mention seeing slower data speeds and an increase in dropped calls.
Are You Ready to Pay 50 Cents for a Stamp? — Dollars and Sense
Facing huge budget shortfalls, the United States Postal Service has proposed solutions including closing hundreds of post offices and eliminating Saturday deliveries. Now it may be considering jacking up the price of stamps, too.
Just ‘Cause You’re Freelance Doesn’t Mean You Can’t Get Full-Time Perks – Dollars and Sense
Freelancing allows you to make money on your own terms without permanent employment, but it also means you don’t have access to certain perks like group insurance, administrative support and job growth assistance. Though, since a reported 30 percent of the US workforce is now freelance, that has changed.
Who’s Cashing In on Jeremy Lin’s Success? — Dollars and Sense
Unless you’ve been involved in a total media blackout, you’ve likely heard about Jeremy Lin — aka “Linsation” — the New York Knicks guard who’s such an on-court phenomenon that TV ratings of Knicks games have jumped 70 percent, causing the publicly traded stock of Madison Square Garden, where the team plays, to hit a 52-week high.
But Wall Street isn’t the only one profiting from all the hype.
Giving Kids an Allowance May Do More Harm Than Good — Dollars and Sense
For years, the prevailing wisdom behind doling out allowances to kids has been that the practice helps children learn about budgets, which, in turn, leads to better spending habits when they grow up — assumptions that may not be true.
Fewer Americans Have Employer-Based Health Insurance
Fewer Americans got their health insurance through an employer in 2011 than in 2010, according to a new report from the Gallup Healthways Well-Being Index.
