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Economy

Davis Turner, Getty Images
Davis Turner, Getty Images
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Bank of America Will Not Charge Monthly Fee for Debit Card Usage

In September, Bank of America announced it would soon begin charging customers a $5 monthly fee for using their debit cards, saying it was recouping losses from new laws that limited how much it could charge merchants when debit cards were swiped during transactions.

But after a firestorm of negative publicity, BofA waved the white flag of surrender and scrapped the controversial plan.

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khrawlings, Flickr
khrawlings, Flickr
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Economic Woes Lead to More Men Becoming ‘Mannies’

While child care-givers such as babysitters and nannies have traditionally been women, the recent dip in the economy lead some men into the profession as well.

Dubbed “mannies,” the guys are often unemployed teachers, daycare workers or fathers.

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Category: Business News, Economy Tags: ,
Scott Olson, Getty Images
Scott Olson, Getty Images
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Study Recommends Abandoning West Galveston island

A study by scientists at Rice University says Galveston officials should seriously consider abandoning the west end of the island -- and retreating to the area behind the seawall to avoid being swamped by rising seas.

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Ron Lamkey, Getty Images
Ron Lamkey, Getty Images
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One in Five Americans to Get Second Job for the Holidays – Survey of the Day

The holidays can be expensive, and this year 21 percent of Americans plan to get a second job to help pay for all the gifts and travel costs that go with the season.

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RomanKetchup, Flickr
RomanKetchup, Flickr
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McDonald’s Rolls Out In-Store TV Programming

While many McDonald’s customers opt for the drive-through, those who dine inside the fast-food restaurants may soon benefit from an original programming experience via the McDonald’s TV channel.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Survey of the Day: 47 Percent of Americans Think Wall Street Harms the Economy

The Occupy Wall Street movement continues to generate headlines, so what better time to see what Americans actually think of our esteemed financial institutions?

Forty-seven percent of Americans think Wall Street hurts the American economy more than it helps, whereas only 38 percent think the opposite is true.

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Kevin Elliott Chi, Flikcr
Kevin Elliott Chi, Flikcr
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San Francisco Restaurant Workers Want Mandatory 25 Percent Tip

Restaurant workers in San Francisco are trying to change the equation on tipping.

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Mario Tama, Getty Images
Mario Tama, Getty Images
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Obama Wants to Let Debt Collectors Call Your Cellphone

Here's more bad news for people who still owe student loans or back taxes, and who now rely exclusively on their cellphones. President Barack Obama wants to make it easier for private debt collectors to call your cellphone and badger you into paying up.

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