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.

Clinton Is Urged to Drop Out if She Loses on Tuesday



Some top Democrats are putting pressure on Senator Hillary Rodham Clinton to bow out unless she scores clear victories in the crucial big-state primary contests. “I just think that D-Day is Tuesday,” said Gov. Bill Richardson of New Mexico, a former Democratic presidential candidate who has yet to throw his support behind either candidate.

Sunday, March 2, 2008

Investors Dump Equities For Bonds (Investor's Business Daily)



Investor's Business Daily - Investors trying to come to grips with a sharp market sell-off yanked $44.84 billion from stock funds in January, reversing December's inflow of $2.17 billion, according to the Investment Company Institute.

How A Secret Pentagon Program Came To Abu Ghraib



"The roots of the Abu Ghraib prison scandal lie not in the criminal inclinations of a few Army reservists but in a decision, approved last year [2003] by Secretary of Defense Donald Rumsfeld, to expand a highly secret operation, which had been focussed on the hunt for Al Qaeda, to the interrogation of prisoners in Iraq."

Anti-marijuana laws need relaxation



The time has come to relax our laws on marijuana use and possession. Admitting one's past use of marijuana is trendy in modern America. It's even a little presidential. Barack Obama smoked his fair share of cannabis. John Kennedy, Howard Dean and John Kerry all owned up to the dirty deed as well. But it's more than just politicians.

Saturday, March 1, 2008

Who's No. 1? $14.3M License Plate Buyer



Man pays record amount for car license plate at Abu Dhabi auction.

Re-Listing Homes: Marketing or Deception?



Many real estate agents re-list homes that haven't sold. Is it bad business?