Money and Politics
Get Ready, America: The Debt Ceiling Debate Is Back
The U.S. is again closing in on its debt limit, and if a recent statement by Republican Speaker of the House John Boehner is any indication, another fight with the Obama administration over the issue is ahead. Here's a preview of what we might expect.
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Former Olympic Rower Turned to Minimalism to Pay Down $82,000 in Debt
Rachel Jonat spent most of her young adult life dreaming of Olympic medals and crossing finish lines. But the games came and went, and she began a new chapter as a wife and mother -- facing $82,000 in debt.
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Facebook's IPO Debacle, Day 3: Un-Friended and Dis-Liked on Wall St.
Facebook has ended its third trading day and the world is falling apart -- again. The stock closed Tuesday at $31, down 19% from the $38 IPO price, lead underwriter Morgan Stanley is under fire, the SEC is ready to investigate, and analysts are blaming everyone. Oh, and the fundamentals? Those haven't changed a bit.
Continue reading »Fashion
Behind the Spritz: What Really Goes Into a Bottle of $100 Perfume
How much does that fancy $100-a-bottle department store perfume you wear really cost to make? The answer is one of the retail industry's dirty little secrets -- and with good reason.
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Morgan Stanley Cut Facebook's Forecast, Then Boosted Its IPO
After all the finger pointing over Facebook's rapid share price decline, there is one factor that should have served as warning. Morgan Stanley, the lead underwriter, cut earnings estimates in the lead-up to the IPO -- while expanding its size and raising its price.
Continue reading »Economy
OECD Warns of 'Severe Recession' Looming for Eurozone
The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from spreading.
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5 Companies Getting Burned By Facebook
Forget how Facebook is beating up its IPO investors: The social network is still giving many other publicly traded companies fits. And these five in particular are seeing their business models take a hit at Facebook's expense.
Continue reading »Retirement
The 5 Most Dangerous IRA Mistakes You Can Make
There may be several good reasons to withdraw funds from your IRA before 59 1/2, but be careful, because the penalties and fees can add up, writes MoneyShow personal finance expert Terry Savage.
Continue reading »Technology
Happy Birthday, YouTube! Now, Go Make Some Money
Google's fast-growing YouTube turned 7 on Monday. The world's most popular video-sharing website has come a long way already, but there are few things that can turn YouTube into a monster moneymaker for the world's most valuable Internet company.
Continue reading »Investing
Facebook's Real Investing Story: How Brokers and Investors Use It
The most interesting story about investing and social media isn't that you can buy shares of Facebook -- it's the way so many advisers and investors are using social networking sites to connect with each other, and with market information.
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Watch Out, Apple: The Kindle Fire Is Getting Bigger
Size isn't everything when it comes to tablets, but Amazon.com is apparently hoping to make that point moot. DigiTimes is reporting Amazon plans to supersize its Kindle Fire soon with a 10.1-inch screen -- bigger than the iPad.
Continue reading »Personal Finance
Summer Money Camps: Fun in the Sun With Finance
Business and finance camps aren't just for the nerdy and precocious anymore. Because, let's face it: The survival skill your child is most likely to need isn't knowing how to build a lean-to -- it's understanding how mortgages work. And these camps make learning those skills fun.
Continue reading »Why Facebook's Falling Share Price Really Doesn't Matter
On Monday, Facebook's stock fell from its IPO price of $38 to a low of (as of this writing) $33.60. So what? Nobody who actually paid attention to Facebook's statements before the IPO should be surprised by this latest turn, or even worried. Here's why:
Continue reading »People
Mark Zuckerberg and Priscilla Chan: A Facebook Timeline
On Saturday, Mark Zuckerberg tied the knot with his college sweetheart, Priscilla Chan. Here's a gallery of their time together, as told through their Facebook timelines.
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Freezer Frugal
Freezing leftovers can help stretch your budget to the max. Here are the best ways to pack your food items so that they stay freezer fresh.
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