Everyone’s been buzzing about Facebook’s IPO for weeks. But as shares of the social networking site began trading on Friday, analysts warned that not everyone should jump into the fray.
Here’s the good news: Americans have better credit scores now than we have in the past few years. But there’s bad news, too: credit standards are now so high that it may not matter much.
Back in the 1980s, American Airlines decided to boost its corporate coffers by offering unlimited lifetime airpasses for $350,000. Only 66 people purchased them, but now that American has yanked the passes from some of those travelers, they’re suing.
A national charitable organization set up to help disabled veterans and their families is under scrutiny for allegedly spending millions of donation dollars on marketing and other services rather than putting it into the pockets of American veterans.
According to a new study by the FINRA Investor Education Foundation, men and women aren’t equal when it comes to credit cards. It says that, on the average, women pay half a point higher on credit card interest rates than men do, even when income and level of education are factored in.
Three years ago, a federal act meant to help reduce the number of people who smoke greatly increased the tax rates for cigarettes, roll-your-own tobacco, and small cigars, counting on the fact that making smoking more expensive would prompt people to quit.
And while it may have caused some to do so, the move had an unintended effect: sales of pipe tobacco and large cigars, which aren’t taxed quite as harshly, have boomed.
As college tuition and contributions to college savings funds rise, experts are again examining the value of higher education and wondering if the cost is a good investment in someone’s future.
