Category Archives: Security

Pay for America’s highest-paid CEO tops $131 million

Full Story at LifeInc.today.com At some point last year, about 17 million U.S. households had some difficulty feeding everyone in their family. That amounts to 14.5 percent of U.S. households, according to a report released last month by the U.S. Department of Agriculture. The percentage of households who experienced food insecurity in 2010 was virtually [...]

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Rick Harrison of ‘Pawn Stars’ spills success secrets

Full Story at money.cnn.com NEW YORK (CNNMoney) — Rick Harrison knows a deal and a steal when he sees one. Ever since he was a young boy, he’s had the uncanny ability to make money selling other people’s unwanted items. Today, that ability has made him a mint and turned him into one of TVs [...]

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Fed holds interest rate as US recovery limps

Full Story at news.Yahoo.com WASHINGTON (AFP) – The Federal Reserve stayed the course on monetary policy Wednesday, citing “likely” temporary factors for the unexpectedly sluggish growth in the US economy. The Federal Open Market Committee (FOMC) unanimously decided to hold its ultra-low interest rate, end a $600 billion bond-buying program by June 30 and continue [...]

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Why Obama can’t save infrastructure

Full Story atfinance.fortune.cnn.com Here are two things we all can agree on about America’s transportation infrastructure: (1) It is in desperate need of costly repairs, and (2) Our political leaders cannot agree on how to pay for them. President Obama dove into the conversation this week, proposing $556 billion in new infrastructure spending over the [...]

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How to cut $1 trillion from the Pentagon

Full Story atmoney.cnn.com Lawrence Korb is a senior fellow at the Center for American Progress. He served as assistant secretary of defense in the Reagan administration. Make no mistake: The nation’s debt threatens our national security. That’s not just my opinion. Admiral Michael Mullen, the chairman of the Joint Chiefs of Staff, is among those [...]

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Which bank deserves your money?

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Shopping for a new bank? It’s nice to have a branch on every corner, but that’s not the only quality that makes an institution worthy of your business. More than half of consumers chose their bank based on a convenient location or ATM, according to a recent [...]

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Car makers support black box, brake overrides

Full Story at msnbc.com WASHINGTON – A trade group representing Detroit automakers and Toyota Motor Corp. plans to pledge support for requiring brake override systems and vehicle “black boxes” on all new vehicles as Congress develops new safety improvements following Toyota’s large recalls.

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Beware census scam artist tricks

Full Story at Census fraud – Mar. 17, 2010 NEW YORK (CNN) — This week, you’ll find a 2010 census survey in your mailbox. And it may be followed shortly thereafter by a call or e-mail from con artists pretending to be from the government. Scam artists often work off of something that’s topical, in [...]

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Senate takes a stab at financial reform

They need to do something these business can do just about what they want and we have to take it. Who are they accountable to?Full Story at money.cnn.com WASHINGTON (CNNMoney.com) — The head of a key banking panel is expected Monday to release a draft bill of sweeping regulatory changes aimed at warding off future [...]

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Bracing for another market crash

Full Story atmoney.cnn.com NEW YORK (Money) — Question: I’m very worried that we may see another stock market correction. Since the market low of early March, my 401(k)’s value has risen 77%, which seems like an awfully large jump. So last week I moved the majority of my investments into bond and money-market funds, although [...]

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FDIC pushes mortgage help for jobless

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Some unemployed homeowners at risk for foreclosure could get a temporary break on their mortgage payments under a plan being pushed by the FDIC. The Federal Deposit Insurance Corp. said on Friday it is encouraging certain banks to reduce mortgage payments for the unemployed or underemployed for [...]

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How to keep your job

Full Story At money.cnn.com (Money Magazine) — Let’s say you work in an industry that’s been hit hard by the economic downturn, and you’re watching competitors downsize left and right. You’re pretty sure that layoffs are headed to your place too, and fast. What’s your best strategy to keep your job? You might first think [...]

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AIG: Doomed to fail?

Full Story At money.cnn.com NEW YORK (CNNMoney.com) — Once a titan in the insurance world, AIG is a shadow of its former self, and experts say the company is likely doomed for failure. That’s partly because AIG (AIG, Fortune 500) is slowly getting rid of its strong, moneymaking businesses as it attempts to pay back [...]

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Pirate attacks drive up the cost of shipping

Full Story At  msnbc.com LONDON – Shipping your oil across the Gulf of Aden? Don’t forget your piracy insurance. As a ragtag group of gunmen faced off for days against the U.S. Navy near the coast of Somalia before a cargo ship captain was freed Sunday, industry-watchers say shipping companies already smarting from the global [...]

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