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I am sure you have encountered a store or gas station that has a set of prices for cash customers and a set of prices for credit card customers. Usually the credit card customer h
Recently I read an enlightening story in the New York Times about the Pu'er tea bubble in Yunan, China. The burgundy fermented teas fetched prices of $150 a pound at the peak, but
Recently the Consumer Product Safety Improvement Act is making headlines because it required that all products (including clothes) made for children 12 and under be tested for lead
Did you know that your local TV and radio stations regularly receive gift certificates as “payment” for air time? Believe it or not, retailers and restaurants are actually exchangi
Today a new rescue program called the Term Asset-Backed Securities Loan Facility (TALF) was announced by the Treasury and Federal Reserve to support owners of securities backed by
2008 will probably go down in history as the year of bailouts, crashes, and meltdowns. Here is a quick run down of all the laws and bills congress pushed through with lightning spe
A new article on Slate today details a study by some economists that say people should enjoy their money while they are still healthy and young. The conclusion of their study is th
The United States House of Representatives just passed a massive mortgage bailout bill that includes many changes to the Federal Housing Administration and the Government Sponsored
Today the troubles of IndyMac bank was splashed in the headlines. Its stock has fallen to nearly $0 and depositors are making a run at closing their accounts. IndyMac has been con
I like to keep up with all the latest news and info. I'm a big fan of Digg, BBC news, NPR, CNN, all the usual suspects. I thought I was fairly well-versed on the places to get
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