Showing posts with label news roundup. Show all posts
Showing posts with label news roundup. Show all posts

Monday, March 02, 2009

Monday Roundup: Links I Liked

From frugal fashion to small business management, here are a few posts that have recently caught my eye:





From Blogging Away Debt: Changes in Our Income


From Boston Gal's Open Wallet: Survival Jobs


From Dual Income No Kids: How Much Does Your Family Eat In A Week?



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Thursday, February 22, 2007

Insurance 101, Anna Nicole Smith Coverage Overload: Random News Wrap

I wish the Miami Heat had a special insurance policy on Dwyane Wade, who was injured in last night's game against the Houston Rockets. Insurance is part of my daily random news wrap, which includes a report about Wade, the Anna Nicole Smith news overload and more details about the spike in medical costs.


1. Do you have the right insurance? A great how-to from MSN

"Nearly 60% of U.S. homes are inadequately covered. But it's not all about adding costs; sometimes life changes can save you money." --MSN




2. Medical costs jump in January and push up Consumer Index.

"[M]edical costs rose 0.8 percent, the steepest increase since a matching 0.8 percent gain in August 1991. The rise in medical costs was responsible for 60 percent of the gain in core prices, the Labor Department said.-- Reuters"



3. Miami Heat Guard Dwyane Wade suffers shoulder injury.
"Dwyane Wade flew home from Houston early Thursday, his season in limbo after he dislocated his left shoulder in Miami's game against the Rockets. The prospect of Wade's extended absence left in jeopardy the Heat's bid to repeat as NBA champions."--AP at Forbes.com


4. Consumers protest Anna Nicole Smith coverage


"Coverage of former Playmate Anna Nicole Smith's death has gone overboard according to U.S. consumers, but media experts warn there is more to come." --Reuters



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Wednesday, February 21, 2007

8 Signs of a Wealthy Woman, A YouTube Wannabe: My Random News Wrap

What common traits are shared by wealthy women? How much more will we pay for medical care over the next year? Those are a few of the questions addressed in this midday wrap of random news.

1) 8 Flags of a Wealthy Woman:
"What keeps women from achieving the financial security they -- and their families -- deserve? I believe the root of the problem lies in the dysfunctional relationship women have with money."-- The 8 Qualities of a Wealthy Woman by Suze Orman



2) Health care costs are expected to climb.
"U.S. spending on prescription drugs, hospital care and other health services is expected to double to $4.1 trillion over the next decade, up from $2.1 trillion in 2006, a government report released on Wednesday found."-- Reuters


3) Corporate giant buys rival of You Tube



"Viacom, the parent of networks like MTV and Comedy Central, which produce the types of programs that are ideal for watching on the Web, said today that it had reached a deal with the Silicon Valley start-up Joost to distribute video online.

The agreement came a little more than two weeks after Viacom demanded that YouTube remove more than 100,000 clips of its programming." --NYT

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Tuesday, February 20, 2007

Money Myths, Home Depot Slump & My Random News Wrap

We all have our myths and there are an abundance of urban legends in financial circles. Bankrate.com has an excellent rundown of the money myths that circulate. Some are real no-brainers (email scams), but others -- myths about hotel room keys -- are a little more obscure.

That's just one of several stories in my random midday news wrap, which also includes an excellent piece from the Washington Post about women & heart disease. I've also included an update on the tainted peanut butter story.



1. Red ink on checks, unsigned credit cards and other urban legends in finance.
"Myth No. 1: You can float a check longer if you write in red ink. The theory is that a bank's equipment can't scan red ink, so it takes longer to process the check." Source: Bankrate.com/MSN




2. Home Depot's stock price fall based on disappointing financial news.

"Home Depot, the world's largest home improvement retailer, fell 0.7 percent to $41.15 on the New York Stock Exchange and was the third biggest decliner on the Dow. The company posted a 28 percent drop in quarterly profit as the weak U.S. housing market depressed sales at its stores." Source: Reuters





3. More on the Peanut Butter health scare.

"[T]he Food and Drug Administration is urging families to throw out all Peter Pan and Great Value peanut butter bought since May." Source: ABC News




4. Experts urge improvement in heart disease prevention for women.
The American Heart Association has updated and sharpened its guidelines for preventing heart disease in women.

The focus now is on a woman's lifetime risk for heart disease, not just her short-term risk, as was the case in the 2004 guidelines. Source: Washington Post



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Monday, February 19, 2007

Puppy Economics, A Fool's Budget & Tiny Houses: My Weird & Frugal News Wrap

Today's weird & frugal news wrap includes a piece about puppies, an easy budget from the Motley Fool and an item about downsized homes. Here's my daily digest of random news.

Should you adopt a puppy? There are hidden costs and issues.

My story: An animal expert recommended that we adopt a full-grown dog. But we did not listen and selected a puppy instead. It's been a lot of hard work. Plus, we will have to pay for puppy training classes. And yes, we have lost a few pairs of shoes, including an expensive pair of Italian hand-made leather shoes that I purchased at a discount.

We love our puppy, who is now a year old; but our friend was right. It would have been cheaper and easier if we had adopted an older dog.

"Cuteness and puppy playfulness are two of the benefits of adopting a puppy. But, as Dr. Becker points out, raising a dog from puppyhood is a challenge. Puppy playfulness can mean high-energy hi-jinx, so be prepared to lose some shoes."
--source: MSN



From the Motley Fool: Budgeting 101 for Couch Potatoes:
"A survey last year by FindLaw.com found that 61% of Americans surveyed either don't have or don't stick to their budget.

Slackers? Hardly. Have you ever tried to stick to a budget?

If you have or haven't (hey, no one's judging here), read on for a streamlined cash flow control plan that even couch potatoes like me can follow.

Our Couch Potato Budget concentrates on everyday spending. We're leaving out housing, insurance, and the all-important savings categories for now. Source: Motley Fool"



Chasing free web names.

"Entrepreneurs have been taking advantage of a five-day grace period to sample millions of domain names, keeping the relative few that might generate advertising revenues and dropping the rest before paying. It's akin to buying new clothes on a charge card only to return them for a full refund after wearing them to a big party." --AP



Smaller homes; fewer dollars: Forget the McMansions; there's a new trend in smaller homes.

"A wave of interest in such small dwellings — some to serve, like the Shepherds’ home, as temporary housing, others to become space-saving dwellings of a more permanent nature — has prompted designers and manufacturers to offer building plans, kits and factory-built houses to the growing number of small-thinking second-home shoppers. Seldom measuring much more than 500 square feet, the buildings offer sharp contrasts to the rambling houses that are commonplace as second homes." -- New York Times



Poor Britney. This child needs help. This piece and related links provide a warning for parents: Don't put your kids in show business. Let them make money later.
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Sunday, February 18, 2007

Britney's DIY Haircut & $500 Emergency Funds: My Weird & Frugal News Wrap

Britney Spears puts a new spin on homespun haircuts; retirees face heavy debt load and MSN weighs in on $500 financial cushions. Those are a few of the stories in my random news wrap.

Britney Spears DIY hair cut:

"A tearful Britney Spears defiantly shaved her head at a Los Angeles hair salon after the owner refused to take part in the embattled pop star’s latest extreme makeover, news reports said on Saturday." -- Source: Reuters


Why we should have at least $500 in the bank:
"Most of the talk about financial cushions centers on the importance of an emergency fund, that stash of cash that's supposed to equal three to six months' worth of expenses.
A $500 pad, by contrast, is something that just about everyone can scrape together with enough determination. And it can make a real difference." --By Liz Pulliam Weston




Retirees battle personal debt:
"Across the nation, seniors are becoming the face of the indebted.
In Austin, Ronald and Carol Godwin, 65 and 63, depleted their savings years ago and have since turned to credit cards and home equity to pay medical bills. They're struggling in retirement to pay off loans they took out years ago for a grandchild's college education." -- USA Today




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Friday, February 16, 2007

Hot & Used Gowns for the Oscars, Public School Rip-off: Midday News Wrap

An inside look at the Costco "treasure hunt," a public school rip-off on Wall Street and a few items about falling home prices. Those are a few of the stories in my daily news wrap. My personal favorite is a Vanity Fair piece about the hot market for used gowns at the Oscars. Old has become the new black.

Here's the roundup:

Deal or No Deal? Is Costco really a bargain?
Small businesses are big customers at Costco, but the company also has managed to make discount shopping fashionable for affluent Americans by offering fine wines, books and big-screen televisions at low prices, and staples such as paper towels and razor blades in bulk.


2. Real Estate: More weakness in the home sector.

Many economists are worried that the housing bust, which followed a five-year boom, could be a prolonged one as sellers struggle to reduce record levels of unsold homes.



3. New York Times report: Falling homes prices:
The biggest price declines were concentrated primarily in two kinds of cities: the formerly booming markets along the coasts and in the Southwest, and in Midwest and Northeast cities hurting from the loss of manufacturing jobs. The biggest declines, for instance, were in Florida — Sarasota-Bradenton (down 18 percent), Palm Bay-Melbourne (17 percent) and Cape Coral-Fort Myers (11.7 percent). The declines in prices were especially steep for condominiums.



4. Our aging brains:
Bonus points for getting older

An emerging body of research shows that a surprising array of mental functions hold up well into old age, while others actually get better. Vocabulary improves, as do other verbal abilities such as facility with synonyms and antonyms. Older brains are packed with more so-called expert knowledge -- information relevant to your occupation or hobby. (Older bridge enthusiasts have at their mental beck-and-call many more bids and responses.) They also store more "cognitive templates," or mental outlines of generic problems and solutions that can be tapped when confronting new problems.



5. Broken Vows: How Public Schools Were Ripped by Wall Street.
Wall Street created $7 billion in bonds for housing and schools. The tax-exempt deals were a ruse; banks and advisers collected millions in fees and investment gains. The public got nothing.



6. Fashionistas & The Oscars: The Bullish Market for Used Gowns from Vanity Fair (at MSNBC.com)

With so many beautiful, new gowns available, why would actresses continually opt for something, well, old? “It’s a surefire way of protecting your individuality, and it lends mystery and allure to an actress," says Cosgrave. “You can’t just look at her and say, ‘Oh, that’s an Armani, that’s a Valentino.’”




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Thursday, February 15, 2007

Passing the Bucks: My Weird & Frugal News Wrap


The hidden costs of dirty desks, fewer jobs, the Celtics have ended their losing streak; Wal-Mart gets a new look & Attention Shoppers: The U.S. Mint is using stores to promote the new dollar coin. Those are a few of the stories that caught my eye. Here's my latest mid-day news wrap.

1. Guard your health. Your desk may be dirtier than a bathroom: from AP

"Your office desk harbors far more bacteria than your workplace restroom, and if you're a woman, chances are your workspace has more germs than your male co-workers', a new research report shows."




2. Passing the Bucks: Celtics finally end losing streak.
The Boston Celtics finally ended the longest losing streak in franchise history, beating a Milwaukee Bucks team that was struggling almost as badly as they were. From: Associated Press


3. Zoned Out by Nonstop Work: Wall Street Journal reports that we're working too much and operating in so many time zones.

Conventional approaches to flexibility, such as flextime, don't help these time-zone warriors very much, because "an ocean of transoceanic calls" has pretty much wiped out workday boundaries, says Paul Rupert of Rupert & Co., Chevy Chase, Md., flexibility consultants. Instead, they need ways to regain control over their time.



4. They're passing another buck: Pushing the new dollar coin.
[T]he Mint has taken a new approach to designing the coins as well as promoted them with the retailers, banks and transit systems that will play the biggest role in making the coins circulate effectively.


5. Unemployment data: More people without jobs.

The number of Americans filing first- time claims for state unemployment benefits rose last week by the most since September 2005...



6. Wal-Mart Makeover, A new look for a big-box discount store.
Wal-Mart is already known for offering some of the biggest discounts around. Now it also wants to be known for showcasing those low-cost goods in a prettier setting.



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Wednesday, February 14, 2007

Mid-day Wrap: Frugal, Useful & Weird News Links

Payless Shoes gets a makeover, consumers are shopping less and there's a new trend in cemeteries: recreation & burials. Those are some of the headlines that caught my eye today. On a regular basis, I plan to post a linked-summary of the frugal, economic and weird news that I've found interesting.

WEIRD NEWS

Weirdest Un-frugal Story of the Day: "Death Takes a Holiday"
Here on the outskirts of Jakarta, an Indonesian developer is taking a very American idea in real estate -- the exclusive, upscale cemetery -- and adding a twist: a country club, complete with swimming pools, a boating lake and a big restaurant.
--source: Wall Street Journal
**my comment: What's next? Disney & Death: An interactive playground for the living and dead?

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FRUGAL NEWS


1. Festival of Frugality #61 which is hosted by Hustler Money Blog

2. Payless Shoes Goes Upscale
Across from Lord & Taylor at 39th Street, the Payless store sports a new sleek design and shoes such as a $22 platform pump with a bow tie.

Payless’s makeover is under way at many of its more than 4,500 stores. It’s offering trendier products such as Lucite platform wedges and patent-leather zippered boots by fashion designer Laura Poretzky. Most of its shoes are still inexpensive, but it is also testing pairs that cost $40 or even $60. Source: Wall Street Journal

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ECONOMIC NEWS

1. Retail sales flatter than expected
"January retail sales were unexpectedly flat as motor vehicle, gasoline and electronics sales dipped sharply in the post-holiday season after a December that was stronger than originally indicated, a Commerce Department report showed Wednesday."
--source: Washington Post/Reuters.

**my comment: We've stopped shopping and started saving more or paying down debt.

2. Fed Reserve Chairman: Soft Landing for U.S. Economy. Source: Financial Times.
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MEDIA NEWS

New York Times to Sell online ads with Monster
"The deal is the latest collaboration between newspaper companies and Web sites to form partnerships to battle other rivals. For newspapers, it means cutting deals with companies once seen as enemies who were undercutting print classified advertising revenue. For online companies, it offers a way to tap local job markets as well as linking with highly visible brand names." source: New York Times

**my comment: This story demonstrates the continued growth of on-line advertising and the response of standard media to the Internet-based economy.
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DAILY NEWS SPECIAL
Funny Valentines: Modern Men Take Over the Kitchen:

True, life with an alpha cook can mean sitting back and watching while someone else prepares restaurant-quality wild mushroom risotto on a quiet Tuesday night.
But it can also mean putting up with small culinary humiliations and an unending patter of condescending remarks.
When Robin Henry, an interior designer, helps make dinner with her fiancé, Andrew Goldman, a writer, she endures his constant, conspicuous scrutiny. --source: New York Times

**my comment
: My husband cooks a lot & the kitchen can be a turf war. But I'm just glad he's good with garlic. He makes great stir-fried veggies with pasta.
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