Intrapreneurship gaining speed in rough economy

Being an entrepreneur is a tough road to follow, with long hours and endless to-do lists. Some people with their own business ideas are choosing to go a different route – intrapreneurship. Intrapreneurship defined Intrapreneurship is proposing and starting new businesses from within the confines of an already-existing business. Intrapreneurship is a name that has
Social Security

How the payroll tax cut affects consumers

Last week, congress voted to extend the Payroll Tax Cut through 2012. President Obama is meeting Tuesday with taxpayers to discuss  the extension. Last year, most working Americans saw a slight increase in their paychecks because of the payroll tax cut. Critics, however, say that, in the long run, the payroll tax cut does more
A piggy bank

America Saves Week is about to start

Americans don’t tend to squirrel away enough money for a rainy day or for retirement. However, the Consumer Federation of America and American Savings Education Council want to do something about that during America Saves Week. Another 51 weeks of the year to worry about Among the many criticisms leveled at the typical American about
Patient room in a doctor's office. A computer is visible.

Microsoft has a Caradigm for improving health care record-keeping

Health care record-keeping is still far from a universal system in the U.S., but Microsoft is looking to change that. According to Bloomberg Businessweek, Microsoft’s joint venture with General Electric to modernize health care technology – which experts predict will increase care efficiency and cut costs – has taken a big step forward. It now
Sheet Metal

Unfilled job openings point to lost economic opportunity

The unemployment rate in the United States currently clocks in between 8 and 9 percent. With more than 15 million unemployed individuals, more than 3 million so-called unfillable positions point to economic opportunity that has been lost. Growing number of unfillable jobs According to the U.S. Bureau of Labor Statistics, the number of unfilled jobs

Preparing for a job interview

While unemployment figures have been dropping steadily, 13 million Americans still remain out of work. It is a tough job market out there, and anything one can do to hedge his or her bet is a good thing. The secret to winning a job is a good interview. What one does to prepare for that
Bank of America branch

Community bank network Kasasa gaining momentum

The advantages of joining a large retail bank is that it has branches everywhere. However, a growing community bank network, called Kasasa, is out to chip away at the edge huge banks enjoy. Go big or stay home The reason large retail for-profit banks like Bank of America, Wells Fargo and JPMorgan Chase enjoy market
Drug Test

Congress extends, but cuts, unemployment benefits

Congress has recently signed off on a financial compromise bill that will extend several federal programs. Unemployment compensation, however, will be cut in some states. The extension of federal programs According to the compromise that has been passed by both the House and Senate, the cut in payroll taxes known as the payroll tax holiday
Federal Reserve file photo of Chairman Ben Bernanke.

Bernanke tells community banks to bite down on low interest rates

Community banks need something the Federal Reserve is unwilling to provide at this time, reports MarketWatch. The Fed is maintaining its theory that it must keep interest rates low to facilitate economic recovery. However, small community banks depend upon higher interest rates more than any other financial institution so they can remain profitable. Tough love
Tax day

The IRS dirty dozen tax scams

Thursday the IRS issued its annual “dirty dozen” list of tax scams. The list is designed to help taxpayers recognize some common scams. It is also a warning to would-be tax cheats. ‘Don’t be fooled’ IRS commissioner Doug Shulman said: “Scam artists will tempt people in person, on-line and by e-mail with misleading promises about
Marty Allen, American comedian, holding wallet with six cards extended in accordion fashion. Visible from top to bottom are "Diner's Club", "Hilton", "American Express", and "Biltmore/Barkley" credit cards; Social Security card, and "American Federation of Television and Radio Artists" union card.

US credit card debt is up or down, depending upon media source

If you’ve ever felt like you’re getting mixed messages from the media when it comes to how the U.S. is handling its consumer debt, you aren’t alone. Bankrate cites a recent report by that notes that U.S. consumer credit card debt was down 8 percent from December 2011 to January 2012. Yet according to

Reselling your unusable coupons

If you are a deal hunter, you likely have a folder, book or file of coupons that you intended to use, but may not get to. Rather than losing the full amount you spent on the coupon, a bevy of new services have popped up to help you sell those coupons. Knowing when to sell
Credit Report

Debt collectors on CFPB watch list

With the recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau, financial service firms have a new sheriff in town. Debt collectors and credit reporters have just been added to the agency’s watch list. Off to a flying start The Consumer Financial Protection Bureau was created in the Dodd-Frank Act, but

Being hungry can make you take more risks

We all know the first basic tenant of saving money: don’t go grocery shopping hungry. Research, however, has shown that being hungry can generally lead to much more risky financial decisions. The effects of hunger Being hungry has many effects on our bodies. The first and most often-cited study on this phenomenon was published in
Labor Department

Unemployment applications drop to lowest since 2008

According to the U.S. government, the number of people applying for unemployment benefits dropped last week to its lowest point since 2008. The number of unemployment applications is one of the nation’s best barometers of employment growth or decline. The steadily dropping figure points to fewer layoffs and more hiring as the U.S. jobs market
A CT scanning machine

Medical overtreatment costing consumers billions per year

A study recently appeared in the Annals of Internal Medicine asserting the problem with the costs of health care is overtesting. People are undergoing too many tests and having too many procedures, resulting in unnecessarily huge bills. Art imitates life In the novel “The House of God,” a medical school graduate begins an internship at

Wedding insurance policies becoming more common

According to the website Cost of Wedding, the typical wedding in the U.S. today costs about $26,542. And what happens if, after putting down thousands on a reception venue months in advance, the hall files for bankruptcy? More and more often, engaged couples are opting to take out wedding insurance to guard against such events.