Monday, November 30th, 2009
This past weekend was the post Thanksgiving weekend that signals the beginning of the Christmas shopping season and is the biggest shopping weekend of the year. A good or bad weekend here can make or break a store’s year. So naturally the store’s all roll out their biggest sales of the year in attempts... »
Tags: Black Friday, Black Friday sales, Christmas retail sales, Christmas season shopping, credit crunch, economic indicators of recovery, Ellen Davis, emergence of frugality, National Retail Federation, recession, Retail Sales, shopping, Thanksgiving weekend shopping, Wall Street Journal
Posted in Economics, Retail Sales | No Comments »
Monday, November 23rd, 2009
As the new credit card laws have been passed banks have found that one of their major sources of profit is being extinguished. They’ve responded by trying to squeeze in rate increases right before these laws have been enacted. This has left a whole lot of their consumers disgruntled about being involved in the... »
Tags: bank cash cow, bank fees, Bankrate.com, CNNMoney, credit card fees, credit card game, credit card laws, credit card legislation, debit card fees, debit card loyalty programs, debit card rewards programs, debit vs credit card, due diligence, Greg McBride, increased use of debit cards, The Nilson Report, TowerGroup
Posted in Debt Advice | 1 Comment »
Friday, November 20th, 2009
It seems like everything these days comes down to money. People need more of it, companies aren’t making enough of it to give people more, and the cycle just spins round and round. Fortunately, their might be some good news on this front as it seems that companies are looking likely to start reinstating... »
Tags: benefits of recession, economic recovery, Hewitt Associates Inc., Ken Abosch, merit pay raise, pay raise, paydays, recession, retaining high performers, reward your best workers, unemployment rate, Wall Street Journal, worker productivity
Posted in Economics | 1 Comment »
Wednesday, November 18th, 2009
The financial crisis has hit our country in many different ways. A whole lot of people’s lives have been devastated by the financial goings on of the past few years, or at the very least turned right on their heads. As happens when anything goes this wrong, the people left in the destructive wake... »
Tags: blatant PR move, financial crisis, Financial Times, Goldman money to support small businesses, Goldman Sachs, Lloyd Blankfein, MarketWatch, recession, recession finger pointing, who's to blame for financial collapse
Posted in Economics | No Comments »