Wednesday, March 5, 2008

Buffett Ousts Gates as World's Richest Man



Gates held top spot for 13 years; new to list is 23-year-old Facebook founder.

In denial: Why file tax returns?



Actor Wesley Snipes arrives at the Federal Courthouse in Ocala, Florida February 1, 2008. Snipes, star of the "Blade" movie series, was found guilty of three misdemeanors by a U.S. court on Friday for failing to file tax returns but was acquitted of more serious charges. The 45-year-old actor faces up to three years in prison, prosecutors said.     REUTERS/  (UNITED STATES)While we may sometimes fantasize about just not paying our income taxes, such wishful thinking has turned into actions of denial by some would-be filers. Big mistake.




Big Auto Sales Drops for the Big Three



GM, Ford and Chrysler all report sales declines for February.

Tuesday, March 4, 2008

Banks should accept mortgage principal cuts: Bernanke (Reuters)



Federal Reserve Board Chairman Ben Bernanke (R) shakes hands with the Chairman of Independent Community Bankers of America (ICBA) James Ghiglieri, Jr. during the ICBA's annual convention in Orlando, Florida, March 4, 2008. Bernanke on Tuesday warned mortgage delinquencies and foreclosures were likely to rise and that more house price declines could be expected, and called for active measures to stabilize housing markets. (Scott Audette/Reuters)Reuters - Banks may have to swallow
reductions in the principal of some troubled home loans to ward
off greater losses that could result from outright default,
Federal Reserve Chairman Ben Bernanke said on Tuesday.




10 Tips: Renting rather than buying?



Given the current state of the housing market in many parts of the country, it might make more financial sense for you to rent for the time being rather than buy a home.

What U.S. Workers Need: A Pillow



American workers need about 40 more minutes a sleep each day.

Monday, March 3, 2008

10 Tips: Dating services help



Consumer complaints about dating services has jumped 73 percent. If you’re using a dating service, these tips can help you avoid feeling heartbroken because you spent too much.