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Economy - Page 14

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: ,
Sean Gallup, Getty Images
Sean Gallup, Getty Images
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The Public Agrees, About $150,000 a Year Makes You ‘Rich’ — Survey of the Day

In light of the Occupy Wall Street movement focusing attention on the “one percent” and the debate over raising taxes on the wealthy, Gallup asked 1,012 adults how much money they would need to make a year in order to consider themselves rich.

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Category: Business News, Economy Tags: , ,
Joe Raedle, Getty Images
Joe Raedle, Getty Images
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What the…? Millionaire Couple Busted for Receiving Welfare Benefits

Investigators and authorities have learned that a Seattle couple lived in a million-dollar home and traveled the world, all while collecting more than $135,000 in welfare benefits.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Postal Service Cuts Means Next-Day Mail May Be a Thing of the Past

Proposed cuts to services from the US Postal Service will save the cash-strapped organization some much-needed funds, but the public may not like the outcome.

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via Carl Court-WPA Pool/Getty Images
via Carl Court-WPA Pool/Getty Images
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Queen’s Pay Frozen in UK Austerity Measures

Times are hard the whole world over. In a sign of dire economic times across the pond, Buckingham Palace is doing some historic belt tightening.  Let's just say it's not as much fun to be a "royal" as it used to be.

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