Monthly Archives: January 2011

Missouri House Bill 132 stifles free market competition

A rolled-up dollar bill sitting upright on a table.Rep. Mary Still (D-Mo.) is pushing House Bill 132, which would place an untenable cap on payday loans and cost jobs in the process.

BP/Russia oil deal touted by Putin, doubted by US Congress

bp russian oil deal approved by putinA BP/Russia oil deal is heartily endorsed by Vladimir Putin, but it has raised red flags with certain members of the United States Congress.

Michael Steele drops Republican National Committee chair race

Michael SteeleMichael Steele dropped out of the running for Republican National Committee chair. Incumbent Steele said the RNC needs something different.

IRS announces tax refund debit cards for unbanked households

unbanked householdsThe IRS is offering tax refund debit cards to save money and allow unbanked taxpayers who can't use direct deposit to get their money faster.

Bank of America steels itself for exposure of Wikileaks data

A nonplussed preacher walks away from a Bank of America ATM.It's believed that Wikileaks has data on Bank of America mortgage, foreclosure and other corruption that could be big enough to kill the bank.

NPSL cards: The credit myth that puts you at risk

Credit cardsThere are NPSL credit risks to consider. Find out what No Preset Spending Limit (NPSL) cards are and how they can affect your credit score..

Debt Solutions | Are growing costs pushing you into debt?

A man in debt.There are many debt solutions available, each designed to help with different types of situations. Here are some helpful tips to consider...

Groupon spurns Google; IPO could exceed $15 billion

Variation on the Groupon logo.Groupon, local business marketing company, spurned Google's $6 billion offer to buy the company. Groupon's IPO could be $15 billion or more.

Escalating unrest in Tunis causes Tunisian president to flee

Ben AliGrowing unrest and protests in Tunisia have culminated in unpopular President Ben Ali fleeing capital city Tunis and abandoning his office.

FDA cuts acetaminophen dose in prescription painkillers by half

acetaminophen overdoseThe FDA has limited the amount of acetaminophen allowed in prescription painkillers in an effort to cut down on overdoses and liver damage.

USDA home loans showing signs of collapsing

FarmThe USDA home loan program was intended to help small, rural communities attract more homeowners -- but it may collapse under bad practices.

The puzzle of rising retail sales and falling consumer confidence

consumer confidenceNew reports on higher retail sales and lower consumer confidence present conflicting data; economists say expectation is a better barometer.

Personal finance surveys show action lags behind good intentions

get financial house in orderRecent surveys show more are Americans planning to get their personal finances in order, but few say they are currently acting on those plans.

Regulate guns like toys or cars, suggests Nicholas Krystof

A toy cowboy six-shooter in the palm of someone's hand.Gun control arguments are all the rage after the horrific Tucson shooting. Nicholas Krystof argues the U.S. should regulate guns like toys.

Mount Etna erupts in Italy; air traffic interrupted

Mount EtnaItaly's Mount Etna erupted, starting Jan. 12, for the first time since 2002. Nobody was injured, but several domestic flights were delayed.

U.S. jobless claims rise, tempering recent economic recovery

An unemployed man sitting on his living room couch, staring dejectedly into space.U.S. jobless claims are now at the highest level they've been since October, a speed bump on the road to economic recovery.

Treasury to send out fast cash from tax refunds on prepaid cards

Visa DebitThe U.S. Treasury is launching a pilot program that lets taxpayers choose to get their tax refunds on a prepaid debit card instead of a check.