Inflation targeting a framework for monetary policy that commits the central bank to achieving low inflation has enjoyed considerable success among industrial countries in helping to maintain price stability. The article shows that Of course, the stock market and the economy are also benefiting from the recently enacted tax-cut package....
The lists of the best business books of 2007 are coming thick and fast now. Here are some of the highlights: Stanford Engineering professor Tom Kosnik has an updated, annotated list of business books, with his favorites highlighted in green. Kosnik's list. Amazon's best...
When the Bush administration first amended FLSA laws, employers reconsidered how to classify workers to ensure compliance with "white collar" exemption regulations (who gets overtime and who doesn't). Apparently, all that classifying didn't do a lot of good because an alarming number of workers are suing for overtime pay at the...
It's two years today since Hurricane Katrina raged across the Gulf Coast, bursting levies and leaving large portions of New Orleans flooded. President Bush led a moment of silence for the 1,400 victims of the disaster and a march was held in the Lower Ninth Ward, one of the hardest...
People have been speculating about the future of work since the first farmer showed up with a pointy stick to plant a seed. Still, the recent changes in technology allowing for globalization and telecommuting, have left many workers feeling like the pace of change is accelerating. This month Business...
The iPhone saga continues today with security concerns and news from Wall Street. The New York Times reported yesterday that a team of security professionals working for Independent Security Evaluators successfully hacked into the iPhone through a WiFi connection. This news, along with the iPhone's anemic...
Did you ever make a mistake that was so large and so public that it made you want to crawl under your bed? If so, you can imagine how Michael Boskin, the author, feels these days. Economist Michael Boskin's miscalculation on tax revenues muddles the economic debate. In this article,...
Credit card offers frequently use teaser rates to acquire new customers. These are introductory rates that last a few months before the regular interest rate kicks in. Some of the attributes of teaser programs include Length of time the rates are offered, New purchases, Rate escalations, Intangible costs of card...
This article also explains about consumer-protection law, which helps with credit-related matters which includes Fair Credit Reporting Act, Equal Credit Opportunity Act, Fair Credit Billing Act, Fair Credit Debt Collection Practices Act etc. A common mistake on credit reports is inaccurate information, such as showing the incorrect number of late...
To find the right credit card for you, it helps to determine how you use credit. Although some are saddled with thousands of dollars in debt and others pay off their balances fastidiously, most of us are somewhere in between. This article also explains three card-user profiles. You should review...
Improving or repairing your credit is a process that focuses on improving lenders' perceptions of you as a credit risk. Your credit score is an important component in shaping those decisions. By taking steps to improve your credit score, you can improve your creditworthiness. When you review your credit score,...
Consolidating your credit cards has some great side effects. For one, it adds discipline to your spending. Keeping a running tally on one card is much easier than trying to do the same with five or six cards. You also write fewer checks to credit card companies each month. The...
In some cases, you may find it very difficult to obtain auto insurance like having a poor driving record, driving a hard-to-insure vehicle etc. According to the Insurance Information Institute there are some keys which will help you in solving auto insurance like participating, obtaining coverage with an insurer that...
Under the Fair Credit Reporting Act, amended a few years ago to beef up consumer privacy rules, you are legally entitled to obtain your credit report from a credit-reporting agency. This includes receiving a list of everyone that has requested your report.. The law also entitles you to receive a...
Deposit insurance has been the cornerstone of the U.S. banking system since the 1930s. Checking and savings accounts, CDs and other deposits at U.S. banks -- including online banks -- are insured for up to $100,000 per depositor per institution. There are three government entities that regulate the U.S. banking...
Insurance premiums are also called insurance rates. Here are some of the major or reducing unnecessary coverage, driving safely, driving less etc. In essence, prudence helps to lower your insurance rates. Examples of financial prudence include paying a higher deductible or obtaining lower coverage limits. Examples of driving prudence include...
This article says that before you apply for a credit card or loan, you should review a copy of your credit report from each of the three major bureaus to avoid any surprises. A copy of your credit report from each bureau generally costs $9. Some states, including California and...
Your credit report is an electronic record of your credit activities. These activities range from borrowing to buy a car or a home to applying for a loan or credit card. More importantly, a credit report is a record of how you use credit and how much of it you...
Motorists will not have to pay 2p extra on a litre of fuel after Alistair Darling announced plans to suspend the tax rise due in October. The Chancellor's move followed a backlash from motorists and hauliers over the remorseless rises in prices at the pumps. But he...
LOGAN -- "Whooo, look at your profits!" Jim Pehkonen tells a group of high school students. "As far as profits go, you guys are doing great." Pehkonen, a Salt Lake City entrepreneur, is an adviser to these 11 students attending the 28th annual Utah Business Week at...