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Economy

Economy

epsos, Flickr
epsos, Flickr
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One Good Thing About the Recession, People Are Smarter Shoppers — Survey of the Day

The recession may have left unemployment rates a mess and killed the housing market, but if you’re looking for a silver lining, here it is: we’re all better shoppers now because of it.

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charleskremenak, Flickr
charleskremenak, Flickr
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Still Living With Your Parents as an Adult? Well, You’re Hurting the Economy

While many college grads are only too happy to fly their parents’ nest and get a place of their own, the dip in the economy has meant some can’t — or won’t — until they feel more financially able to do so comfortably. What does this mean for the economy? Unfortunately, nothing good.

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Category: Economy, Family
Youtube.com
Youtube.com
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Take From The Offering Plate Instead Of Giving

As a child when we went to church, we were given a penny or maybe a nickle or dime to put into the offering plate as it came around.

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Category: Economy, Money Matters Tags: ,
Topical Press Agency/Getty Images
Topical Press Agency/Getty Images
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Made In America – Industries That Are Still Hanging On

The Haynes car. One of the first cars to hit the road back in 1893. America was getting ready to turn the corner and head into the next century as an industrial giant.

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Category: Economy Tags: , ,
Jo Hale, Getty Images
Jo Hale, Getty Images
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Ex-Guns ‘N’ Roses Bassist Duff McKagan Launches Wealth Management Firm

As the bassist for Guns N’ Roses, Duff McKagan was paid quite handsomely. But at the time, he didn’t really have a firm grasp on the ins and outs of his earnings.

He does now. And once Meridian Rock Capital Management launches in October, McKagan and his fellow co-founders will do their best to see that other musicians stay in tune with their money and don’t ever end up singing the financial blues.

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KSDK
KSDK
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Angry Mom Hires Plane to Fly Nasty Message Over Wall Street

At lunchtime on Tuesday, New Yorkers in Lower Manhattan were treated to an unusual sight — a small plane buzzing by the Standard and Poor’s building, towing a banner that read, “Thanks For The Downgrade: You Should All Be Fired.”

Commissioned by St. Louis banker and single mother Lucy Nobbe, who paid $895 to hire the pilot, the fly-by was a reaction to the US losing its longtime AAA credit rating last Friday.

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Category: Economy, Political Tags:
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E-Trade Baby Loses Everything [VIDEO]

Check out this hilarious E-Trade Baby parody. The reality of online trading in today's unstable market place. Losing money is a lot easier than making money!

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orphanjones, Flickr
orphanjones, Flickr
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Could Getting Paid Be Harmful to Your Health? [VIDEO]

With the end of the month fast approaching, many people are looking forward to an upcoming payday. But researchers have found getting paid may actually be hazardous to your health.

A study from Notre Dame says people are more likely to die during the week after being paid, citing a temporary but significant spike in traffic fatalities, heart attacks and increased substance abuse during that time period.

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Category: Economy, Health, Videos Tags:
Chip Somodevilla, Getty Images
Chip Somodevilla, Getty Images
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Get Rich Quick! A Billion Dollars in Loose Change Is Just Waiting For You

With all the talk of how broke the US government is, you might be surprised to learn there’s over a billion one-dollar coins sitting unused in Federal Reserve vaults. And the US Mint is still cranking them out.

NPR’s Planet Money and Investigations teams found that the coins are the wasteful byproducts of a failed congressional effort to get Americans to use them in everyday commerce.

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Category: Economy
YouTube
YouTube
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Waste Not, Want Not — Grocery Store Vows to Be First ‘Zero Waste’ Store in the US [VIDEO]

A new store is taking on Whole Foods in the company’s hometown of Austin, Texas.

Like the well-known chain, In.gredients will specialize in local and organic edibles, but with one key difference — it vows to be first “package-free, zero waste grocery store” in the US.

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Category: Economy Tags: ,
KCAL
KCAL
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Man Arrested After IRS Mistakenly Deposits $110K In His Account [VIDEO]

When Stephen McDow discovered there was an extra $110,000 from the IRS in his checking account, it was probably one of the best days of his life.

Unfortunately, the money wasn’t for him.

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