On Tuesday, TIME Moneyland and many other news outlets wrote about a story in the New York Daily News claiming that guests at a Brooklyn hotel were charged $999 a night for a room during Hurricane Irene. Readers expressed indignation, the Attorney General got involved, and the hotel insists the astronomical price was a technological [...]
As financial markets remain volatile, index funds may be an oasis of stability.
As financial literacy experts struggle to find ways to teach people how to better manage their money, one emerging strategy seems to have legs: reminders broadcast over social media. It works for young and old.
Losing your home is a nightmare—enough to make you sick to your stomach, and then some. Just how stressful is it to go through a foreclosure? A new study indicates that a rise in foreclosures correlates to an increase in serious hypertension problems, ER visits, and suicide attempts.
— CATHERINE HAKIM, author of Erotic Capital: The Power of Attraction in the Boardroom and the Bedroom, discussing why workers (women particularly) should improve their appearances for the sake of their careers [via Slate]
In the more than four years of the real estate recession, many wanna-be homeowners have been hunting for houses way above their realistic price range, banking on the hope that they can make a lowball offer and get it accepted.
While the economy teeters on a cliff, Americans want to know what's inside President Obama's new jobs plan. Here are a few good guesses.
Today’s consumers are increasingly likely to pay off credit card bills in full, skip vacations, and hold off on buying big-ticket items. And because consumer spending accounts for 70% of economic activity in the U.S., that’s seriously hampering the economy’s recovery.
While Hurricane Irene didn’t do as much damage to major cities like New York as forecasters had feared, some unlucky travelers found that the storm packed a hefty wallop to their wallets, thanks to some hotels that saw the storm as an opportunity to rake in some extra cash. The New York Daily News is [...]
Nordstrom used to offer online shoppers free shipping—if (and this is a big if) they ordered at least $200 worth of merchandise. But the high-end retailer just announced it is joining the ranks of L.L. Bean and Zappos, which provide no-strings-attached, totally free shipping on all Internet purchases, no matter if the order is for [...]
For the third time in three months, housing prices are up. Don’t expect that to continue.
