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Student debt delays spending, saving - and marriage

Written By limadu on Kamis, 09 Mei 2013 | 05.32

Many borrowers are making financial sacrifices due to growing amounts of student loan debt. NEW YORK (CNNMoney) About three-quarters of student loan borrowers surveyed said they -- or their children -- have been forced to make sacrifices in order...
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Tesla gets near-perfect score from Consumer Reports

The Tesla Model S is a nearly perfect car, according to Consumer Reports, with the only issue being its need to recharge which could be a problem on long-distance trips. NEW YORK (CNNMoney) The Model S has already won awards from car magazines...
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Reclusive Huawei CEO breaks media silence

Ren Zhengfei, who founded Huawei in 1987, spoke to the media for the first time Thursday. HONG KONG (CNNMoney) And then you have Ren Zhengfei, the reclusive chief executive of Huawei. Two and a half decades have passed since Ren founded the telecommunications...
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Many early tax filers still waiting for refunds

Written By limadu on Rabu, 08 Mei 2013 | 05.32

Some early filers are getting fed up that their tax refunds still haven't arrived. NEW YORK (CNNMoney) Taxpayers claiming education credits on Form 8863 encountered their first delay when the IRS said it wouldn't be able to start processing the...
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IRS workers protest spending cuts

IRS workers rallied against government spending cuts on Tuesday. Click on the image to view more protestors. NEW YORK (CNNMoney) Known as the sequester, the cuts will wipe $600 million from the IRS's budget this year, forcing the agency's nearly...
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Apple picks itself up off the mat

Shares have bounced back nicely in the past month, but are still down roughly 35% from their all-time high. NEW YORK (CNNMoney) Shares of Apple (AAPL, Fortune 500) have gained about 20% from last month's low of $385. The rally came after Apple...
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Unemployment haunts Social Security recipients

Written By limadu on Selasa, 07 Mei 2013 | 05.32

Diana Brest is getting smaller Social Security payments because she was unemployed before retiring. NEW YORK (CNNMoney) "Those years are vital to their Social Security benefits," said Gary Koenig, director of economic security for AARP's Public...
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Long waits, locked restrooms loom for national park visitors

Spring break visitors to Arizona's Grand Canyon National Park faced longer lines. It will likely get worse in the summer, when the park can hire fewer seasonal employees because of the forced budget cuts. WASHINGTON (CNNMoney) As Americans start...
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Own your own Cray supercomputer for a mere $500,000

Cray's new XC30-AC comes with a price tag that's a tiny fraction of what its bigger supercomputer cousins cost. (CNNMoney) This isn't the kind of computer a young hacker would buy to toy around with in a garage: It'll set you back $500,000. But...
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Crowdfunding tries to grow up

Written By limadu on Senin, 06 Mei 2013 | 05.32

(Fortune) Welcome to the new world of fundraising, in which so-called crowdfunding websites like Indiegogo and Kickstarter let just about anyone with an idea try his or her hand at bankrolling a dream. Proponents of crowdfunding believe it has the...
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The $1 million mouse hunt

University of Chicago students Imran Ahmad (left) and Umar Khokhar at the Rice Business Plan Competition (Fortune) It's as if she can sense the pressure building in the practice room at Rice University in Houston, where I'm watching two young founders...
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SiNode Systems: 2013 Rice Business Plan Competition champs

(Fortune) The technology was developed in a Northwestern lab and aims to remake the anode of lithium-ion batteries, which are standard issue in cellphones. (The group estimates that the anode market for consumer products is about $1 billion.) Typical...
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How construction can lose jobs in middle of home building rebound

Written By limadu on Minggu, 05 Mei 2013 | 05.32

Cuts in government spending on construction projects led to the drop in April's construction employment. NEW YORK (CNNMoney) The sector lost about 6,000 jobs overall, according to the Labor Department's jobs report. This was largely due to a decline...
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My First Rifle: The business of selling guns for kids

Chipmunk, a subsidiary of Keystone, sells guns designed for children, along with its sibling subsidiary, Crickett. NEW YORK (CNNMoney) The gun used in the recent shooting in Kentucky was a Crickett .22-caliber rifle, marketed with the slogan "My...
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Buffett's Berkshire blows past estimates

NEW YORK (CNNMoney) Buffett's Berkshire Hathaway (BRKA, Fortune 500) handily beat analyst estimates with its first-quarter earnings on Friday, booking strong gains in its investments and insurance business. Excluding certain investment gains, Berkshire...
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How construction can lose jobs in middle of home building rebound

Written By limadu on Sabtu, 04 Mei 2013 | 05.32

Cuts in government spending on construction projects led to the drop in April's construction employment. NEW YORK (CNNMoney) The sector lost about 6,000 jobs overall, according to the Labor Department's jobs report. This was largely due to a decline...
05.32 | 0 komentar | Read More

My First Rifle: The business of selling guns for kids

Chipmunk, a subsidiary of Keystone, sells guns designed for children, along with its sibling subsidiary, Crickett. NEW YORK (CNNMoney) The gun used in the recent shooting in Kentucky was a Crickett .22-caliber rifle, marketed with the slogan "My...
05.32 | 0 komentar | Read More

Buffett's Berkshire blows past estimates

NEW YORK (CNNMoney) Buffett's Berkshire Hathaway (BRKA, Fortune 500) handily beat analyst estimates with its first-quarter earnings on Friday, booking strong gains in its investments and insurance business. Excluding certain investment gains, Berkshire...
05.32 | 0 komentar | Read More

What an Internet sales tax will cost you

Written By limadu on Jumat, 03 Mei 2013 | 05.32

Legislation, which the U.S. Senate is expected to vote on next week, would allow the 45 states with sales taxes (and the District of Columbia) to require large online retailers to collect tax on purchases. NEW YORK (CNNMoney) The Senate is expected...
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Huawei won't hang up on U.S. smartphone market

SHENZHEN (CNNMoney) Huawei made its name selling telecom equipment, and specializes in building the routers and switches needed for national communication systems. But it's been unable to crack the U.S. hardware market, with several attempts falling...
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Avoid the slow bond market meltdown

As the economy heats up, the bond market is at risk for a correction. Here's how you can limit the damage of a slow meltdown. (Money Magazine) With the benchmark 10-year note still paying below 2%, there's little room for yields to go anywhere...
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Warren Buffett is bullish ... on women

Written By limadu on Kamis, 02 Mei 2013 | 05.32

Warren Buffett with the late Katharine Graham of the Washington Post at his 50th-birthday party in 1980 (Fortune) In the flood of words written recently about women and work, one related and hugely significant point seems to me to have been neglected....
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