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When you should (and shouldn't) keep tax-deductible debtSome people keep low-interest, tax-deductible debt in an attempt to earn more on their investments, playing the 'tax game.' But to make it worthwhile, this strategy requires earning back a bigger return on investment than you probably think.
Macy's to pay $650K, latest retailer to settle over racial profilingMacy's will pay $650,000 to settle allegations that it racially profiled customers at its store in New York City. Macy's joins Barneys, another New York department store that has paid a big settlement for racial profiling in recent weeks.
Fed minutes: improving economy could speed up interest rate riseSome Federal Reserve officials think the economy is improving fast enough that the聽Fed聽will soon need to signal a change in the extraordinary support it's been providing the economy in the form of ultra-low interest rates. Janet Yellen's speech this Friday could shine a greater light on the Federal Reserve's next steps.聽
Warren Buffett's Berkshire Hathaway to pay $896,000 penaltyBerkshire聽Hathaway聽owns more than 80 subsidiaries in a variety of industries, including insurance, utilities, railroads, retail and manufacturing.
Buying a laptop? Eight things to consider first.Shopping for a new laptop can be a confusing process:聽What kind of processor is best? Should you go for an ultrabook or a hybrid? How much RAM do you need anyway? DealNews is here to help you choose your ideal laptop companion.聽
Standard Chartered fined $300M for failure to curb money launderingStandard聽Chartered聽Bank reached an agreement with New York regulators to pay a $300 million penalty and suspend dollar exchanges through its New York branch for high-risk retail business clients.聽The Department of Financial Services said Standard Chartered failed to聽fix compliance problems against money laundering as required under a two-year-old settlement.
Peanut, almond butter recall for possible salmonella hits Whole Foods, Kroger, and othersA peanut butter and almond butter recall from a major supplier has affected 45 lots of almond and peanut butter that may be contaminated with salmonella.
Target (TGT) slashes annual profit forecast. Blame Canada.Target (TGT) slashed its annual profit outlook Thursday 聽to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the US. Target (TGT) shares plunged more than 2 percent in premarket trading Thursday morning.聽
Corvette valet camera lets you see how others are driving your carCorvette valet camera, part of the 'valet mode' on the 2015 Corvette, lets owners keep tabs on how other drivers are behaving in their cars.聽Once the car is returned, the Corvette valet camera allows owners to watch video of its time away and review vehicle data including speed, engine rpm, gear position, and g-forces.聽
Mega Millions jackpot reaches $180 millionMega Millions, a multistate lottery drawing, reached $180 million Tuesday after no player matched the winning numbers. Lottery games like Mega Millions are infamously regressive, but one city has found an intriguing new way to use them.聽
Do tax-free holidays make sense?Tax-free holidays are celebrated by politicians and retailers, but economists and policy analysts across the ideological spectrum condemn them as poorly targeted tax policy that produces little economic benefit. Is there any real fiscal benefit to tax-free holidays?聽
Steve Ballmer steps down from Microsoft board after 34 years with software giantSteve聽Ballmer聽says he plans to devote more time to his ownership of the Los Angeles Clippers, civic contributions, teaching and study.
Keurig coffee lovers, take note: K-Cup prices are going upCoffee drinkers take note, the price of your morning brew is about to go up. Keurig Green Mountain, makers of the popular single-serve Keurig machines, announced that it will raise the price of聽its K-cup packets聽by up to 9 percent starting November 3.
Chris Kluwe, Vikings reach settlement over punter's pro-LGBT remarksThe Minnesota Vikings and former punter聽Chris聽Kluwe 聽have reached a settlement averting a lawsuit over聽Kluwe's聽claim that the team wrongfully released him last year because of his outspoken support for same-sex marriage rights.Under the deal, the Vikings will donate an undisclosed sum of money to five gay rights-related charities over the next five years.
Uber picks David Plouffe, former Obama advisor, to take it globalDavid Plouffe, who engineered Barack Obama's first presidential campaign, has been tapped by Uber. Plouffe, who left the White House in early 2013, will help devise and run Uber's聽聽global political and branding strategy as it聽runs into stiff resistance from taxi companies in some cities.
Stock market jitters? When a bear market can be a boon.Since the markets have recovered from the 2008-2009 swoon, we have seen increasingly pessimistic predictions of another 'downdraft' or even crash. But if you are still saving for retirement,聽a bear market is your friend, not something to be feared.
Food costs up, energy costs down as inflation rises slightlyThe Bureau of Labor Statistics announced Tuesday that the Consumer Price Index rose 0.1 percent in July. One of the major drivers of the inflation increase was rising food prices, but they were offset by a dip in energy prices.
McDonald's 'McCaf茅' coffee is coming to your grocery storeMcDonald's announced today that it will enter the $11-billion-plus retail coffee market early next year. The world's largest burger chain is partnering with Kraft to roll out McDonald's McCaf茅-brand coffee in ground, whole-bean, and single-cup forms in grocery stores across the US.聽
2013 most-stolen cars include Hondas, pickups. Is yours on the list?Honda models topped the National Insurance Crime Bureau鈥檚 list of the 10 most frequently stolen cars in America, with pickup trucks also a big target for thieves. Thefts of high-end luxury cars are less common.
Money has made Americans sick of politics. What we can do about it.Americans are sick of politics.聽A large portion of the public doesn鈥檛 even bother voting, assuming the political game is fixed.聽The only way back toward a democracy and economy that work for the majority is for most of us to get politically active once again, becoming organized and mobilized.
