Featured Home Based Business Article
Is job loss protection worth it?
(Money Magazine) — Call it anxiety marketing. Sellers of big-ticket items have been rolling out special deals that basically amount to layoff insurance. The gist: If you’re let go soon after making a purchase, the company will either help you with the tab or let you wiggle out of the obligation.
Automakers, airlines, and even homebuilders have all been pushing the no-worries pitch. Some promotions have come and gone, but more are likely to crop up as the unemployment rate tops 10%. So should you bite?
None of the major programs Money looked at are bait-and-switch tricks. Yes, there’s some fine print to watch out for. But the real catch is the way these programs can influence your buying psychology. Pay too much attention to the offers, and you could miss Continue Reading
Refinancing Your Mortgage
We talk to a mortgage expert on the pros and cons of refinancing in today’s market
Applications for mortgage refinancing tripled in early December on news that the Federal Reserve will buy up to $600 billion of mortgage debt. BusinessWeek’s personal finance editor Lauren Young spoke to mortgage guru Keith Gumbinger of HSH Associates, a [...]
How Much Do Media Affect Economy’s Performance?
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The Free Speech Alliance Declares War on the “Censorship Doctrine”
A multitude of organizations, hundreds of thousands of individuals join together to defend the First Amendment from a reinstatement of the so-called “Fairness” Doctrine
Editor’s Note: You too can join the Free Speech Alliance. Click here and sign the petition, and stand at the ready for whenever any liberal again threatens the First Amendment with talk [...]
The Huffington Post Raises $25 Million from Oak Investment Partners
We already knew The Huffington Post was looking for capital, but it turns out to be a little more than the $15 million the Times of London projected earlier. Kara Swisher says the political uber-blog network has in fact raised $25 million from Oak Investment Partners and will announce the news later this morning (press [...]
PNC Lures Gen Y With Its Virtual Wallet Account
What the bank’s popular Web-based offering lacks in terms of generosity, it makes up for in user-friendliness
As banks lure depositors with higher interest rates, PNC Financial Services (PNC) says it is attracting 130 new customers a day to an account that pays only mediocre returns. And look who’s signing up: the finicky members of [...]
How Citis Fortunes are Tied to Housings
Jobs, spending, and banks’ balance sheets will continue to deteriorate until the housing market stands on solid ground
Another one bites the dust—almost. This time it was struggling giant Citigroup (C) that needed a government rescue as growing worries about the sinking U.S. and global economies fueled angst about the health of financial institutions. Citi’s [...]
Can Obamas Stimulus Plan Spur Green Jobs in the U.S.?
Barack Obama’s energy plan seeks to turbocharge America’s eco-friendly businesses and keep jobs at home. But the hurdles are high
Barack Obama’s plan to pull the country out of recession has a strong green hue. Conventional wisdom says Washington won’t have the stomach or the dollars to tackle long-term issues like climate change or dependence [...]
Brown pledges Woolworths support
The government will ensure that Woolworths stores remain open over the Christmas period, Prime Minister Gordon Brown has said.
He said arrangements had been made to ensure staff would still be paid and employees threatened with redundancy would be helped to find work.
Administrators were appointed to the struggling chain on Wednesday.
Woolworths was dealt a further blow [...]
U.S. stimulus likely to target infrastructure needs
The next government stimulus effort is likely to target America’s crumbling infrastructure, and experts say the funding is sorely needed with bulldozers ready to roll on scores of projects.
“We have projects that are shovel-ready — the designs are complete, the environmental permits have been obtained, the right-of-way has been obtained, and the state is waiting [...]
Obama presses economic theme as team solidifies
President-elect Barack Obama takes another step toward tackling the ailing U.S. economy on Wednesday as part of an aggressive effort to demonstrate that his administration will face the global financial crisis head-on.
In his third news conference this week, Obama will make an “economic announcement” at 10:45 a.m. EST, his transition office said, following a similar [...]
As Demand For Display Ads Soften, AdBrite Introduces Cost-Per-Click Banners
As overall online advertising continues to weaken, display ads are absorbing the brunt of the downturn. So what do you do if you are in the online display business with an ad network that reaches 85,000 mostly-smaller sites that don’t command much of a premium per impression in the first place? You start selling those [...]
Was Ebays BillMeLater Acquisition A Huge Blunder?
When eBay paid $945 million for BillMeLater in October, we blinked. The business assigns credit at the point of sale to ecommerce customers who can’t use credit cards because they don’t have them, have maxed out credit limits, or choose not to. It charges fees much like a credit card – currently 19% interest.
The credit [...]
20+ Tools for Buying and Selling Cars
We’re in the midst of an economic crisis and the American auto industry is in peril, and as this continues, more people will look into private sales and used cars.
To keep from making the wrong choices, it’s important to have the right tools, and luckily there are a number of online resources dedicated to helping you [...]
Cutting Costs to Increase Profits
Retailers like Gap and Dell have been able to post higher profits by slashing expenses in the face of declining revenues. Other companies may not be so lucky
Thanks to some timely tailoring, shares of Gap (GPS) jumped 27% on Nov. 21 even as the retailer’s sales fell 8%.
The reason for the favorable reaction was another [...]
Citigroups Uneasy Victory
It’s been a difficult first year for Citigroup CEO Vikram Pandit. Jin Lee/Bloomberg News /Landov
The federal bailout calmed the market and seems to fence off Citi’s toxic assets. But some investors wonder what it says about the state of other banks
Federal regulators got a fresh inside look at Citigroup’s (C) books over the weekend—and [...]
Government plans massive Citigroup rescue effort
WASHINGTON
Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh $20 billion into the company.
Regulators hope the dramatic action will bolster badly shaken confidence in the once-mighty banking giant as well as the nation’s financial system, a goal that [...]
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