The Fed’s decision to allow big banks to pay sharply higher dividends makes no sense, and not just because the results of the so-called “stress tests” are secret. Based on facts that are public knowledge, the banks are actually…
Despite the recent calamitous events in Japan, Warren Buffett sees a “buying opportunity” in the country’s stocks. Beware of taking his advice, however. If you are investing for a short-term killing, you are likely to be disapp…
Everyone knows that the typical American household has been running in place or falling behind financially, thanks to stagnant wages and rising prices. But a new study from the the Economic Policy Institute shows that the probl…
The hotel industry has emerged from its recessionary doldrums and it’s getting harder to score a cheap room. But even with occupancy rates rising, if you’re willing to book your stay blind on priceline.com or Hotwire, good deal…
Being frugal is smart, and these days, it’s fashionable too. But going too far in your attempts to save can have financial consequences that may leave you significantly worse off. Here are nine ways you shouldn’t cut corners.
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