Category Archives: Money

Big Oil’s $4 billion tax break in doubt

By doris | Published: April 26, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — President Obama repeated his call Tuesday for an end to $4 billion in oil industry tax breaks as gas prices approach $4 a gallon and after a top lawmaker indicated a possible shift in Republican policy. In a letter to congressional leaders, the president said the oil [...]

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Tax the rich! OK, but then what, Mr. President?

By doris | Published: April 12, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — For years, President Obama has been clear about his preferred tax policy: Tax the rich more and protect households that make less than $250,000 from higher taxes. It’s not clear what he’ll say about taxes on Wednesday when he lays out his ideas for how to tackle [...]

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SUVs for Gulf cleanup? States run up questionable bills with BP recovery money

By doris | Published: April 11, 2011

Full Story at msnbc.com NEW ORLEANS — Tasers. Brand-new SUVs. A top-of-the-line iPad. A fully loaded laptop. In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets and other gear — much of which had little [...]

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GOP appears poised to take on entitlements

By doris | Published: March 27, 2011

Full Story at msnbc.comLEAVE SOCIAL SECURITY ALONE. THEY HAVE BORROWED ENOUGH AND NEVER PAID IT BACK. SOME PEOPLE CAN HARDLY LIVE NOW. THEY PLANNED ON THIS FOR RETIREMENT. CORAL SPRINGS, Fla. — If there’s any place where tea partiers in Congress might hesitate to call for cuts in Social Security and Medicare to shrink the [...]

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2011 was a record year for the world’s billionaires

By doris | Published: March 9, 2011

Full Story at msnbc.com This 25th year of tracking global wealth was one to remember. The 2011 Billionaires List breaks two records: total number of listees (1,210) and combined wealth ($4.5 trillion). This horde surpasses the gross domestic product of Germany, one of only six nations to have fewer billionaires this year. BRICs led the [...]

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Rising wholesale prices spur inflation concerns

By doris | Published: February 16, 2011

Full Story at news.Yahoo.com WASHINGTON – Steady improvement in the economy may soon come at a price — faster inflation. Shoes, clothes, tires, plastics and other products all cost more at the wholesale level last month, putting pressure on businesses to pass the increases along to their customers. The hikes also give ammunition to critics [...]

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Treasury launches tax refund debit card

By doris | Published: January 13, 2011

Full Story at Yahoo.com WASHINGTON (Reuters) – The U.S. Treasury said on Thursday it is launching a pilot program to deliver income tax refunds on debit cards for low- and moderate-income people who do not have traditional bank accounts. The Visa prepaid debit cards are designed to allow these taxpayers to receive their refunds much [...]

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Still shopping? Last-minute gifts for everyone on your list

By doris | Published: December 24, 2010

Full Story at TODAY.msnbc.com Run out of ideas of what to get all the special people in your life? Looking for something out of the ordinary? For something you know he doesn’t have? For something you know she won’t buy herself? Well, here are some fun, fabulous and affordable gifts that are sure to be [...]

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Ga. donor puts $5,000 in Salvation Army kettle

By doris | Published: December 15, 2010

Full Story at msnbc.com FORT OGLETHORPE, Ga. — Salvation Army bell ringers in Fort Oglethorpe, Ga., have seen some generous donations over the past two or three years. An anonymous contributor dropped $4,300 into a kettle last year along Battlefield Parkway, NBC station WXIA in Atlanta reported. Someone followed up with a $2,300 donation at [...]

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How important is a nickel?

By doris | Published: December 11, 2010

Full Story at mnn.com My husband handed me a receipt and a nickel as we were walking out of Target Saturday morning. I had handed him a ChicoBag to use while he made our purchases and I handled another task. For bringing his own bag, he was given a nickel. It made a big impression [...]

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Giant Noah’s Ark likely landing in Kentucky

By doris | Published: December 1, 2010

Full Story at msnbc.com FRANKFORT, Ky. — A huge replica of Noah’s Ark and an 800-acre creationist theme park reportedly are coming to Grant County, Ky., according to NBC station WLEX. Kentucky Gov. Steve Beshear and Answers in Genesis, builders of the Creation Museum in Petersburg, Ky., are expected to unveil plans Wednesday for the [...]

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9/11 workers approve settlement with New York City

By doris | Published: November 20, 2010

Full Story at CNN.com New York (CNN) — A settlement in New York City will pay out hundreds of millions of dollars to ground zero workers exposed to toxic debris after the September 11, 2001, terrorist attacks, lawyers said Friday. Plaintiffs narrowly approved the deal after facing a Tuesday night deadline that required 95 percent [...]

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Banned: Plastic bags on way out in parts of L.A. County

By doris | Published: November 17, 2010

Full Story at  msnbc.com LOS ANGELES — Parts of Los Angeles County have joined other California communities in banning stores from using single-use plastic bags. County supervisors approved the measure 3-1 on Tuesday in hopes of preventing billions of bags from polluting neighborhoods and waterways. It bans stores from giving customers single-use plastic bags and [...]

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CNBC: 3 big banks cutting deal on foreclosures

By doris | Published: November 17, 2010

Full Story at  msnbc.com WASHINGTON — Three big U.S. banks are nearing a settlement in which they would compensate borrowers whose homes were improperly foreclosed upon, according to a CNBC report. Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. would also agree not to start foreclosure proceedings until they have [...]

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Calif. court upholds in-state tuition for illegal immigrants

By doris | Published: November 16, 2010

Full Story at msnbc.msn.com It is not right to give something to some one that is not in this country legal. Let them go back and do it the right way. No one gives us a break. SAN FRANCISCO — The California Supreme Court weighed in Monday on the politically charged immigration fray when it [...]

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U.S. and S. Korea fail to resolve free-trade pact

By doris | Published: November 11, 2010

Full Story at msnbc.com SEOUL, South Korea — The United States and South Korea failed on Thursday to revive a stalled free trade agreement, dealing a blow to both countries’ leaders and putting a brake on bilateral trade. President Barack Obama and South Korea’s Lee Myung-bak said negotiators would continue talks to address U.S. concerns [...]

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Study: Women are more charitable than men

By doris | Published: November 1, 2010

Full Story at msnbc.com SEATTLE — Women across nearly every income level gave significantly more to charity than men — nearly twice as much in some cases — according to a study by the Center on Philanthropy at Indiana University. Nonprofits have long suspected that women were the driving forces behind many of the gifts [...]

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Employers looking at health insurance options

By doris | Published: October 25, 2010

Full Story at news.Yahoo.com WASHINGTON – The new health care law wasn’t supposed to undercut employer plans that have provided most people in the U.S. with coverage for generations. But last week a leading manufacturer told workers their costs will jump partly because of the law. Also, a Democratic governor laid out a scheme for [...]

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5-Year-Old Skips Birthday Presents To Help Others

By doris | Published: October 23, 2010

Full Story at msnbc.com The Cincinnati Ronald McDonald House Charities received a donation Wednesday that somehow seemed bigger than all of the rest. A 5-year-old Oakley boy donated money collected at his birthday party to help families in need. Magnus Knudsen and his family have volunteered at the Ronald McDonald House and Magnus decided that [...]

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Man to give $1,000 for each jobless worker hired

By doris | Published: October 20, 2010

Full Story at msnbc.msn.com NEWTOWN, Pa. — A suburban Philadelphia philanthropist who believes charity is a powerful incentive thinks he can help get Americans back to work one donation at a time. Gene Epstein, 71, is promoting a $250,000 effort called Hire Just One, with plans to make $1,000 donations to charity in the name [...]

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