August, 2010
Home purchasing is no longer an investment
There was a long time where home mortgages were known as "the most essential investment a person ever makes". Next there was a housing crisis that's been here way too long. Overinflated home values soon became artificially low home prices. Sales of homes have not been this low in 15 years. Deflation concerns are going ...
Facebook trade marking “face”
Facebook and court seemed to mixed up together again, says TechCrunch. Now they are in court for a different reason other than using "book" in its name, as they were previously sued by TeachBook and PlaceBook. Facebook wants to make "face" a trademarked name. This just means they are trying to pick up where ...
Last set for new credit card guidelines cuts excessive overdue penalties
On Aug. 22, a year of credit card reform culminated with the enactment of a final set of new credit card rules. The last collection for rule changes sets out to restrict late payment costs as well as other scams disguised as penalties. Thus completes a sweeping credit card reform effort that started last summer ...
Economy looks good with increasing bacon prices
It may be disheartening the price for a pint of beer in Europe has risen to $ 6.30 due to harvest issues and a Russian wheat crisis, reports the London Telegraph. But what's worse is that bacon prices are going up. Last year bacon prices were cheaper. CNBC says the price went up ...
Cutting credit card limits without telling
A final round of new credit card rules designed to protect consumers goes into effect on Aug. 22. To make these new rules possible, banks and credit card companies are working to cut credit limits, rates and fees on all their cards. Slashing credit card limits is a common practice during economic hard times. Even ...
