Category Archives: Spending

McDonald’s U.S. December sales robust: survey

By doris | Published: January 18, 2012

Full Story at news.Yahoo.com But ask them how they got that way. The employees of one McDonald’s are not happy. They have to run labor at the percent that they did before min. wage began going up. I can see them making money, but not at the way they want to cut help and run [...]

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Tax gap: IRS comes up $385 billion short

By doris | Published: January 7, 2012

Full Story at money.cnn.com NEW YORK (CNNMoney) — Close to 15% of federal taxes — or $385 billion — went unpaid in 2006, according to new estimates by the IRS. That’s the net tax gap number — meaning what didn’t get paid even after the $65 billion the IRS managed to collect through audits. And [...]

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We are the median: Four kids on $50,000 ‘isn’t that difficult’

By doris | Published: December 11, 2011

Full Story at LifeInc.today.msnbc.msn.com Devin Datus, 39, and his wife, Michelle, 36, are raising four kids, ages 9 to 18, in Utah on his military salary. His wife is a full-time student and stay-at-home mom. TODAY.com’s Life Inc. blog asked the couple about their financial situation as part of a series of stories looking at [...]

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

By doris | Published: October 15, 2011

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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Wal-Mart brings back layaway for holiday shoppers

By doris | Published: September 8, 2011

Full Story at  msnbc.com NEW YORK — Wal-Mart is bringing back something its customers have been asking for since the Great Recession: layaway. The world’s largest retailer, which ditched the pay-as-you-go plans in 2006, is rolling out a holiday layaway option from Oct. 17 through Dec. 16. Wal-Mart is following rivals that brought back the [...]

Also posted in Business, Corporate, Economy, merchandising, Retire, Sale | Leave a comment

Zero jobs growth but not necessarily recession

By doris | Published: September 2, 2011

Full Story at msnbc.com The news Friday that the economy created zero jobs in August is ominous, but it doesn’t necessarily mean we’re heading for another recession. “Most of the releases that came out earlier in the week were a little bit better than generally expected and this one was a little bit worse,” said [...]

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After a wild week, stocks rise modestly

By doris | Published: August 12, 2011

Full Story atmoney.CNN.com Wall Street ended one of its most dizzying, volatile weeks in history on a relatively quiet note Friday, with the Dow climbing 126 points to post its second gain in a row. But Friday’s action paled in comparison to the wild 4-5% swings investors were faced with earlier this week. On Monday, [...]

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Rick Harrison of ‘Pawn Stars’ spills success secrets

By doris | Published: July 8, 2011

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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Oil falls below $94 amid stronger US dollar

By doris | Published: June 19, 2011

Full Story at msnbc.com Oil prices dropped below $94 a barrel Friday amid a stronger dollar and renewed concerns about demand for crude after mixed signs about the U.S. economy. By early afternoon in Europe, benchmark oil for July delivery was down $1.45 to $93.50 a barrel in electronic trading on the New York Mercantile [...]

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May auto sales dip as price strategy backfires

By doris | Published: June 1, 2011

Full Story atnews.Yahoo.com DETROIT (Reuters) – Major automakers are on track to report far weaker May auto sales than expected on Wednesday as higher vehicle prices prompted consumers to put off purchases in the face of a weakening economy. The tightening supply of vehicles, especially small cars, after the Japan earthquake emboldened many companies to [...]

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U.S. hits debt ceiling

By doris | Published: May 16, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — It’s official: The U.S. government hit the debt ceiling on Monday, Treasury Secretary Timothy Geithner told Congress. Geithner said he would have to suspend investments in federal retirement funds until Aug. 2 in order to create room for the government to continue borrowing in the debt markets. [...]

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Social Security and Medicare to run short sooner than expected

By doris | Published: May 13, 2011

Full Story atmoney.cnn.com Put the money back that you took out of it and there will be enough in there now.  Borrow money from some where else. Don’t let SS go broke it is our money you are playing with. NEW YORK (CNNMoney) — Social Security and Medicare — the country’s two biggest entitlement programs [...]

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Higher prices for food are about to get worse

By doris | Published: March 16, 2011

Full Story at msnbc.com WASHINGTON — Americans are noticing higher prices at the grocery store, and it’s about to get worse. Food prices at the wholesale level rose last month by the most in 36 years. Cold weather accounted for most of it, forcing stores and restaurants to pay more for green peppers, lettuce and [...]

Also posted in America, Deals, Financial, Food., Market, Rises, Unemployment | Leave a comment

Libya: Spending oil money across the globe

By doris | Published: March 2, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — In the span of a few years, Libya’s financial tendrils have reached across oceans, across borders and across continents. The United States, the United Kingdom, Switzerland and the European Union recently moved to freeze billions of dollars of assets belonging to Libya’s government and its leader Moammar [...]

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