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Economy

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What Are the Richest and Poorest Cities in America?

According to recent data from the U.S. Census Bureau, the national median household income level ($50,502) diminished for the second year in a row, falling to 8 percent below what it was before the economic downturn in 2007. This decrease was felt across the board, even in the country’s wealthiest areas.

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Category: Economy Tags: , , ,
post office
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Stamps Getting More Expensive Again

While the cost of postage will increase by one penny next year, the U.S. Postal Service says that the 46-cent “Forever” stamp will remain valid currency for mailing letters across the country, even as rates get higher.

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Category: Economy Tags: , ,
Best Buy
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Take That, Amazon! Best Buy Will Match Online Prices — Dollars and Sense

In an attempt to go toe-to-toe with retail giant Amazon, Best Buy has announced plans to implement a new price-matching system to combat the ever-growing trend of online shopping.

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Category: Books, Economy Tags: , , ,
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What Are the Best and Worst States for Business?

While taxes are a way of life not all tax systems have been developed equally, according to the 2013 State Business Tax Climate Index by the Tax Foundation.

The Foundation’s latest report was released today, ranking the states most and least friendly to do business in based on factors like individual income tax, sales tax, corporate income tax, property tax and unemployment insurance tax.

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Category: Economy Tags: , , ,
Sarah Lawrence
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What Are the Most Expensive Colleges in America? — Dollars and Sense

The cost of higher education is getting, um, higher.

Campus Grotto recently released its annual list of the most expensive colleges in America and according to their statistics, the cost of attending just one year at the most expensive college hit a record high tuition this year at over $60,000.

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Category: Economy, Education Tags:
shaking hands
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How Hard Is It to Get a Job if You’ve Been Out of Work for 6 Months? — Dollars and Sense

They say the best time to look for a new job is when you already have one. Turns out there might actually be something to this phenomenon: New research suggests that the longer you're out of work, the harder it gets to find a new job.

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Category: Economy Tags: , ,
highest and lowest paid graduates
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What Colleges Have the Lowest- and Highest-Paid Graduates? — Dollars and Sense

The dream of many college graduates—to earn a good-enough starting salary to pay off student loans without being rendered homeless or forced into starvation—comes easier or harder depending on where they graduate.

With that in mind, which American colleges offer the worst possible opportunity for a earning a decent entry-level salary, and which offer the best?

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Category: Economy, Education Tags: , ,
American Express Cardmember Services
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American Express Deceives Customers, Will Issue $85 Million Refund — Dollars and Sense

Have an American Express card that you never leave home without? You can expect a refund.

According to a report by the Consumer Financial Protection Bureau, American Express will be refunding $85 million to some 250,000 customers due to what officials are calling deceptive practices that include the charging of illegal late fees and discrimination against applicants 35 years old and up.

For nearly a decade, American Express was guilty of committing various infractions against its card owners that cheated customers into believing they were obtaining benefits like sign-up bonuses and improved credit scores that never came to pass.

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college graduates
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Job Market (Finally) Improving for College Grads — Dollars and Sense

For recent college graduates, the economic downturn and very, very slow recovery of the past few years have been brutal. But things may be looking up.

According to the Job Outlook 2013 survey, employers are on track to hire 13 percent more graduates from the class of 2013 than they did for those who walked away with their degrees in 2012.

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1943 Lincoln Penny
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1943 Penny Sells for $1 Million — Dollars and Sense

How much is a penny really worth these days? Well, if it happens to be a 1943 Lincoln, it is likely worth a pretty penny, as one has reportedly just sold for $1 million.

Experts say the reason this rare coin is so valuable is because back when it was manufactured at the San Francisco Mint, it was mistakenly produced with bronze rather than the typical zinc-coated steel that the majority of the currency is made with.

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Discover
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Discover Misleads Cardholders, Will Issue $200 Million Refund — Dollars and Sense

Do you have a Discover card? If so, you can expect to receive a refund.

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ATM withdraw
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ATM Fees Skyrocket, Again, While Free Checking Disappears — Dollars and Sense

The days of the free checking account are nearing extinction and ATM fees are on the rise, according to the latest financial research from bankrate.com. Those annoying ATM surcharges that consumers incur every time they withdraw cash from a money mover that is not the property of the their bank have risen once again, to an all-time high of $2.50, up 4 percent from last year.

And lest you think we would mislead you by using a term like "skyrocket" in the headline to describe a mere 4 percent increase—there's more ...

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