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The articles in the news we appreciate today.

USPS May Cut Saturday Delivery Service

In an effort to curb anticipated shortfalls, the U.S. Postal Service may discontinue Saturday delivery service, cut down on overtime, raise postal rates, and layoff about 30,000 of its 596,000 employees. According to a new article on Reuters.com1, USPS chief financial officer Joseph Corbet made that announcement just hours ago. The recent proliferation of private
AIG

AIG Has “Excellent Chance” to Repay Bailout Money

Will it be enough to restore confidence? Of all the companies the United States government has bailed out during this recession, few have drawn as intense a degree of the public’s ire as American International Group, the company that is commonly known as AIG. Their indiscriminate use of the credit default swap1 seemingly didn’t include
Rather than being a product of impulse or vanity, payday loans are a reflection of consumers' reaction to a harsh economic climate. (Photo: flickr.com)

Payday Loans and Tax Rebates: How Consumers Handle Shocks

Educated Consumers Use Payday Loans During the Recession There currently exists no definitive study of how payday loans are used. Researchers from both sides of the aisle (pro and anti-payday loan interests) are working on it, however. For now, there are studies like “What Do High-Interest Borrowers Do With Their Tax Rebate?1” by Marianne Bertrand

WikiLeaks posts secret CIA documents

The release of documents pertaining to the war in Afghanistan by WikiLeaks has been the cause of a great deal of controversy. Though WikiLeaks maintains it would never release any information that could put soldiers in danger, the release of somewhat sensitive documents has continued. A recent release from the site is quite interesting. It’s
Kitten

How to finance your home improvement projects

According to Fox Business, Americans are likely to spend more than $121 billion on home improvement in 2010, so knowing how to finance home improvement is important. Here are seven financing options. How to finance home improvement: Seven possibilities Breaking a larger concept down into smaller parts makes it much less daunting; that includes how
(Photo: apartmentresource.com)

Apartment Guide Contest | Free Rent For 1 Year!

And they will have residency It’s tough sledding for all of us out there when it comes to making our mortgage and rent payments. Payday loans and short term loans might help once in a while, but the hard reality is that what we’re earning has failed to keep up with everyday costs.  Being in

Cash For Clunkers List | What the EPA Made Ineligible

How did these vehicles suddenly gain mpg? If you’re the owner of one of the cars on the following Cash For Clunkers list, I’m sorry. You’re simply out of luck if you had planned to take advantage of the up to $4,500 voucher good toward the purchase of a new, more fuel-efficient car or truck.
Map of China

Qinghai Earthquake | Map of China earthquake

At 7:49 a.m. local time in China, earthquake today killed more than 400 people and injured more than 10,000 people. The Qinghai Earthquake started with a 6.9 shake, and was followed by aftershocks that clocked in at 5.3 and 5.8. The China earthquake today hit a Tibetan area in the south of Qinghai province. After
Photo url http://farm1.static.flickr.com/26/43152228_d18ac46f67.jpg

Four-Day Workweek Is a Win-Win

Better for workers, better for the environment Less electricity usage, more time As businesses scramble to cut expenses, some are choosing to close the office on Fridays rather than lay employees off. Advocates of the four-day, ten-hour-a-day workweek contend that it not only saves money and eases pressures on the environment, it also promotes employee

Are You Under-Educated about Finances?

National Bureau of Economic Research There is more bad news according to a recent survey done by the National Bureau of Economic Research. The survey, titled ?Financial Literacy among the Young? showed that fewer than 33% of young adults from 20 to 30 years of age have a basic knowledge of interest rates, inflation and