Monthly Archives: April 2011

Working past retirement is good for your health

A man seated at his retirement party.Working longer – past the standard retirement age of 65 – is not only better for your budget, but it may improve your health, experts say.

Gas boycott would not work, despite Facebook campaigns

Boycott and protestThe cost of gas is going up, and the gas boycott chain letters are going around Facebook and email again, but a gas boycott will not work.

Six payday loan companies charged with financial fraud

FTC BuildingThe FTC has filed suit against several payday loan companies run by Michael Bruce Moneymaker and others, saying fraud cost customers millions.

Prenuptial agreements: Not just for royalty anymore

Artist's cartoon rendering of a man and woman kissing before a downtown skyline, at night.While romantics scoff at the notion, legal experts advise couples to consider prenuptial agreements before entering into marriage.

Investors driving home sales as Americans re-think home ownership

house made of legosInvestors are capitalizing on historically low home prices and interest rates while many Americans question the safety of home ownership.

Tax refunds and tax fraud are increasing

Portrait of the 1773 "Boston Tea Party"The average amount of an income tax refund has increased over the past few years and so have fraudulent deductions on income tax returns.

CFPB to make simpler mortgage disclosure forms a priority

A nonplussed man suffers the existential agony of dealing with mortgage and other financial papers.The Consumer Financial Protection Bureau reportedly will place high priority upon simplifying mortgage disclosure forms for homebuyers.

Gold prices touch $1,500 as some question inflationary pressures

Pure gold in vialsBecause of several factors, the spot price of gold hit a record high today -- $1,500 per ounce. Does this mark an opportunity or a bubble?

Free term life insurance is available now

A 1950s-era photograph of a father and young daughter sitting on a grassy lawn.MassMutual Financial Group of Massachusetts is offering free term life insurance of $50,000 to apply to dependents' education.

Fraudulent lawyers tie up payment of BP oil spill claims

bp oil spill contaminates beachThe $20 billion BP oil spill fund, bogged down by questionable claims and unscrupulous lawyers, has paid out a small fraction of the money.

Credit card use declining as more people turn to cash

Visa logoCredit card use continues to decline. Fewer and fewer people are turning to the plastic because more people are trying to shed debt.

Four easy ways to get more money for what you are selling

CondoWhatever you are selling, whether it is real estate, electronics or something else, a few simple steps can help you get the best price.

Students optimistic about the future, despite expecting less cash

College students graduatingPeople ages 18 to 24 are optimistic about their futures, despite the fact that many of them think they won't be as wealthy as their parents.

China struggles to curb inflation that threatens global growth

chinese economyChina's central bank has raised interest rates and the deposit reserve ratio in an effort to cool the nation's overheating economy.

Lansing says no to payday lending as Michigan economy flails

A roadside stop sign in Ireland that is almost completely obscured by ivy.Lansing, Mich., legislators want to zone payday lenders out. This wisdom is questionable, in light of HB 4214 and Michigan's financial woes.

Jesse Jackson Jr. says iPad is killing publishing, costing jobs

Close up of an iPad in a man's hand. Rep. Jesse Jackson Jr. is clearly visible on the touchscreen display.Rep. Jesse Jackson Jr. is saying the iPad is a job-killer, but experts say the device creates opportunities for publishers and college students.

Tax day: Nearly half of Americans owe nothing

Internal Revenue Service building placardIncome tax returns are due today, April 18. Here are some surprising facts about taxes in the U.S. For example, 45 percent don't owe them.