How a Happy Meal Can Cost You Half a Million Dollars
Many of us don’t spend much time thinking about retirement planning. We figure that it’s something …
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Sinbad: Comedian Files for Bankruptcy After Going Broke
It turns out that Sinbad is broke. The comedian declared bankruptcy on December 11th of this year, …
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Man Gambles Away [...]
by Fenorris Pearson
How is the game played at the top? How do you get there and, once there, how do you stay put? And how, in these trying times where jobs are hard to come by and competition is stiffer than ever, can you ever hope to achieve such lofty goals? These are not questions [...]
Hey guys,
we are going to be covering life insurance and estate planning over the next week, so I need you to read these articles for the next class. You may be quizzed on them, so if you chose to miss the class the Tuesday before Thanksgiving, you are still responsible for this reading (since [...]
NEW YORK — Oil prices plunged below $90 a barrel Monday, coming within reach of year-ago levels as a widening financial maelstrom spreads overseas and crimps global demand for energy.
A barrel of oil has not been this cheap in eight months, suggesting that the climate in which oil soared to unheard of levels is coming [...]
The Dow Jones industrial average plunged more than 500 points in early trading on Monday, pushing it below 10,000 for the first time since October 2004, as investors bailed out of stocks on fears that the credit crisis is spreading economic havoc around the globe.
Traders on Wall Street said the government’s $700 billion economic rescue [...]
1) FDR had it partially right when he said that “We have nothing to fear but fear itself.” While we have other worries as well, the greatest obstacle to economic progress is the HUGE psychological impact of Americans watching the stock market plummet right in front of their faces. This is going to cause consumer [...]
By Syreeta L. McNeal, CPA, JD
Should the United States federal government bailout companies like Freddie Mac, Fannie Mae, Lehman Brothers, Merrill Lynch, and American International Group (AIG) or should some level of responsibility be given to the executive leadership of these companies?
Every time I view the latest news on our federal government’s bailout of these [...]
By Dr. Boyce Watkins
The United States is respected throughout the world for its powerful economy. We are also, unfortunately, becoming known for our arrogance and financial irresponsibility. During my tenure as a Visiting Scholar with the Center for European Economic Research, one of my colleagues could not understand why American consumers earn more than Germans [...]
Make sure you are staying well-read in class. If not, you will find yourself in a great deal of pain when the exam arrives. Here are some materials to help you in your preparation:
Solutions to problems in Chapter 1
Chapter 2 solutions
Chapter 3 Solutions
Chapter 4 Solutions
Chapter 4 powerpoint slides
Stocks prices fell sharply Monday as jittery investors struggled to digest one the of the biggest and most sudden upheavals in the financial system in decades — the collapse of Lehman Brothers and the agreement by Bank of America to buy troubled investment bank Merrill Lynch.
The Dow Jones industrial average tumbled 504.48 points, or 4.4%, [...]
One area of personal finance that I think is frequently neglected are the benefits that can be derived from cutting out and/or minimizing expenses. I feel like a lot of people are primarily focused on how to increase their income and don’t pay enough attention to the other side of the equation. As such I [...]
Part 1 of this video is below, highlighting potential long-term problems for the US economy.
Part 2 of the video is below
Technorati Tags: money,finance,investing,economy
by Dr. Boyce Watkins
There’s nothing wrong with a little shine in your life, especially since you’ve worked hard to get that degree. But attempting to become Paris Hilton on your first job can have you rolling on your way to bankruptcy court. Whether you earn $10 per year or $10 million, you are a financial [...]
