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Economy

Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Credit Card Debt Soars After Black Friday — Dollars and Sense

Retailers reported robust numbers on Black Friday last year, which surprised some analysts because the economy is still struggling and unemployment is high. But new data from the Federal Reserve shows where much of that money came from: credit cards.

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goodncrazy, Flickr
goodncrazy, Flickr
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What to Teach Your Kids About Money, and When You Should Do It — Dollars and Sense

A solid education is important for kids. But while you’re busy making sure their reading and math skills are up to par, don’t forget to teach them about money, too — it could keep them from falling into bad habits later on.

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Category: Economy, Education Tags: , , ,
Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Gas Prices Could Hit Record High This Year — Dollars and Sense

If it seems like it’s costing more and more to fill up your gas tank, it’s not just your imagination.

On average, a gallon of fuel costs 22 cents more than it did at this time last year. Worse yet, experts think it’ll climb higher still.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Credit Card Interest Rates Hit Near-Record High — Dollars and Sense

If you have a new credit card, chances are good you’re paying more for the privilege now than ever before — interest rates have reached an almost unparallelled high.

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carbonnyc, Flickr
carbonnyc, Flickr
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What Were 2011′s Stupidest Consumer Fees?

As consumers, we’re all used to being nickel-and-dimed to death with fees — from charges for checking a bag when we fly to charges to pay a bill online, we see them every day. They may be small, but they add up. And some were even more egregious than others in 2011.

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via Joe Raedle, Getty Images
via Joe Raedle, Getty Images
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USPS May Cut Jobs In Lufkin

The USPS is launching a feasibility study of ways to cut costs and save money in the national postal system.  Closing or reducing services at mail processing facilities is one proposal on the table, and the Lufkin Mail Processing Center is one that could be closed or affected.

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via Tim Boyle, Getty Images
via Tim Boyle, Getty Images
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More Than 100 Sears and K-Mart Stores to Close

Because of a sharp and disappointing drop in holiday sales compared to a year ago, Sears Holding Corp. says it will close between 100 and 120 Sears and Kmart stores nationwide.

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Chris Jackson, Getty Images
Chris Jackson, Getty Images
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Obesity Isn’t Just Bad for Your Body, It’s Bad for Your Wallet, Too — Health Check

The health risks of obesity are well-documented, but there’s a financial downside, too — data shows obese people also earn less money, especially women.

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Category: Economy, Health Tags: ,

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