News
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 ...
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 ...
Particulars revealed in Skype IPO filings
Just one year after spinning off from EBay, Skype has filed the original paperwork with the SEC for an first public offering. The Skype IPO has been long expected, though some surprising numbers were exposed within the filings. After the IPO, the ownership structure of Skype could be complicated -- though users are hoping that ...
