Travel
Can't Afford a Vacation Now? Sears Offers Getaways on Layaway
Store layaway programs made a comeback last holiday season, with gift-buyers flocking back to installment payment plans. Now, Sears is expanding the concept by letting consumers put vacations on layaway, too.
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3 More Travel Tips for Keeping the Cost of Your Flight in Check
Finding a good airfare can be tough, and if you've ever sacrificed convenience for a cheaper ticket, you may have been surprised at the hidden costs that jacked up your overall price. But those fees don't have to be a mystery -- and they're not unavoidable.
Continue reading »Autos
BMW, Toyota Forge Closer New Alliance in Challenge to Rivals
German luxury carmaker BMW and Japan's Toyota agreed to extend their cooperation to a bigger strategic alliance on Friday in a challenge to global rivals as competition intensifies.
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Save Time and Money on City Vacations With Tourism Passes
This week in Zagreb, Croatia, I saved 20% on tickets to the ballet. In Paris, I got in free to all the best museums. In London, I skipped the line at Shakespeare's Globe theater. And whether you're traveling to Boston or Berlin, you can do it, too.
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Hospital Stocks Jump After Obamacare Ruled Constitutional
Stocks of hospital companies rose sharply Thursday after initial reports said the Supreme Court had upheld the individual insurance requirement in President Barack Obama's health care overhaul.
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JPMorgan's 'London Whale' Losses May Hit $9 Billion
JPMorgan Chase & Co is under renewed scrutiny in the wake of a The New York Times report that losses from a bungled credit-derivatives trade could be as much as $9 billion, much more than earlier estimated.
Continue reading »Money and Politics
Defense Industry Aims a Weapon of Mass Job Destruction at D.C.
News has begun to filter out about a doomsday plan among defense contractors. Unless Congress and the president pass a rational budget plan for 2013 soon, they're going to implement massive layoffs -- right before the election.
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News Corp. Confirms Plans to Split Company in Two
Rupert Murdoch's News Corp. said Thursday that it plans to split into two companies, one holding its newspapers and the other its entertainment operations. The Murdoch family, which controls nearly 40% of News Corp.'s voting shares, is expected to maintain control of both.
Continue reading »Credit
5 Credit Rules Everyone Should Follow
Managing credit correctly requires a certain amount of discipline -- otherwise, it's easy to slip into big money trouble. That's why it's important to have some guidelines. Here are five rules everyone should follow.
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Obamacare Upheld: How It Will Affect Your Wallet and Your Life
On Thursday morning, when the Supreme Court ruled that Obamacare was constitutional, there was a brief pause as the country took a moment to imagine what this brave new world would look like. Well, Stop imagining, and let us draw you a picture...
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Single Retirement Tips: How to Prepare for a Solo Old Age
When it comes to the problems that arise in old age, married retirees can usually rely on their spouses for support. But for singles, handling the golden years can be more problematic. Here's a rundown of how to be ready:
Continue reading »Crime
How Our Tiny 'Thefts' Add Up to Madoff-Scale Damage
It's easy to place the blame for many of our societal problems on newsworthy criminals like Bernie Madoff. But the truth is, most of us engage in minor acts of ethical misconduct that, cumulatively, have a worse effect than the crimes that make the news.
Continue reading »Family Money
Summer Break to Cost Parents $600 Per Kid
Families are paying a pretty penny to keep their children busy this summer. The average American family expects to dole out an average of $601 per child this summer, according to data released Wednesday by American Express, based on a random sample of 2,008 adults.
Continue reading »Consumer Ally
Credit Card Banks Complain About Consumer Complaint Database
On Tuesday, the Consumer Financial Protection Bureau launched its public Consumer Complaint Database, an open forum for consumers to call out credit card providers for their ill behaviors. the banks' response: Hey, no fair!
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Best Buy Buyout? Why Founder's Bid May Be Retailer's Best Bet
Sources say Best Buy founder Richard Schulze -- who stepped down as chairman this month -- intends to attempt to take the company private. It's not exactly a layup -- but he may be the only one ready and able to turn the struggling consumer electronics giant around.
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Why Zynga Will Still Never Be Great Again
Social gaming giant Zynga tried to impress the market Tuesday by unveiling an arsenal of upcoming games. But the developer behind Mafia Wars 2 didn't make anyone an offer it couldn't refuse: The stock fell, and it's easy to see why.
Continue reading »Economy
If Americans 'Vote Their Wallets,' What Will That Mean in November?
Voters are expected to "vote their pocketbooks" -- incumbents tend to win in good economies, and challengers in bad ones. If that holds true, 2012 could be a bad year for President Obama. But -- no surprise -- the realities are a bit more complicated.
Continue reading »Real Estate
Where Walmart Builds, Higher Home Prices Follow
Many people react to the news that Walmart is coming to their neighborhood with dismay. The "Bully of Bentonville" lays waste to local businesses, increases traffic, and can lead to higher crime rates. But here's a twist: Where Walmart builds, property values go up.
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How You Can Profit from Fluctuating Oil Prices
In discussing his new report on the oil markets, analyst Jason Burack talks about some large-cap stocks with potential, and discusses a junior company in which he sees a great deal of headroom.
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European Court Upholds Most of $1 Billion-Plus Microsoft Fine
A European court has upheld most of a massive fine levied against Microsoft by the European Commission's competition watchdog, closing a case against the software giant that began in 1998. The court's final ruling trimmed the fine by $49 million to about $1.1 billion.
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Payments for Bad Foreclosures Are No Undeserved Windfall
Since the housing crash, millions of Americans have lost their homes, many of them victims of improper foreclosures. Now, those unfairly evicted homeowners are getting compensation. But don't be concerned that they're getting more than they deserve.
Continue reading »Media
SmartMoney Cashes Out: Popular Financial Magazine Bites the Dust
Say farewell to SmartMoney. The glossy yet insightful monthly magazine isn't dying for a lack of readers: It has more than 800,000 subscribers. But with ad sales floundering and expenses rising, Dow Jones has been forced to turn it into an online-only publication.
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Discount Distortion: How Dollar Stores Actually Charge You More
You would think the biggest discounts could be found at dollar stores. If it's a dollar, it must be a discount. But a discount is more than just the cost of an item -- it's the amount that item is discounted versus the competition.
Continue reading »Stocks in the News
How Burger King Can Win After IPO: A Fast Food Expert's Recipe
The competition has been eating Burger King's lunch for awhile, but its recent changes gave it a boost. Now, its new status as a public company could light a fire under the No. 3 burger chain, says analyst Steven West. Here's his recipe for Burger King's post-IPO success.
Continue reading »Retirement
When You Retire Really Matters
As baby boomers start hitting age 65, putting off retirement for a few years has become all the rage. But even if you're pessimistic about your financial prospects, you may not need to wait as long as you might think to retire securely.
Continue reading »Credit
Can You Have Too Much Credit?
"Too much of a good thing can be wonderful," said film star Mae West. But what about too much credit? Is having a lot of credit a wonderful thing as well?
Continue reading »Economy
Sold! Contracts to Buy Homes Jump to 2-Year High
Americans signed more contracts to buy previously occupied homes in May, matching the fastest pace in two years. The increase suggests home sales will rise this summer and the modest housing recovery will continue.
Continue reading »Retail
5 Bricks-and-Mortar Retailers That Are Showrooming-Proof
Showrooming -- when shoppers check out potential purchases in bricks-and-mortar stores, then buy them cheaper online -- is crushing many chains. But a few retailers are holding up just fine.
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Shave and Save
Women's razors often come with a variety of extra features, many of which you don't need. When it comes to your shave, proper care is what will really help you save.
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