Is Facebook to blame if a teen decides to perform a dangerously stupid stunt? Well, there is currently no date available which states that social networking sites inspire reckless behavior in young people. Experts say that teens have always involved themselves in these types of behaviors except that in generations before, there were no publicly [...]

Describing the Kindle as the “most compelling eBook device,” Caris analyst Sandeep Aggarwal sees it as the dominant player in a growing eReader market. He and other Caris researchers place such a high number on the 2011 Kindle revenue estimate due to the eBook sales made possible because of the Kindle, and not just the [...]

As this battle reaches crisis proportions, if it does, the pressure on the Republicans to make a deal will become irresistible. The pressure will come not from the crazies in the tea party movement but from the moneyed classes that bankroll them. Those people understand the level of disaster a Treasury default — which is [...]

Judge Michael Obus set bail terms of $1m in cash as well as $5m in an insurance bond set against the international politician’s properties in the US. He also demanded that Strauss-Kahn surrender all his travel documents and that he remain under house arrest in Manhattan under 24-hour armed guard. The ruling, issued at a [...]

According to the U.S. Energy Information Administration, the price of a gallon of gas consists of the cost of a barrel of crude oil (68 percent), followed by refining (13 percent), taxes (12 percent), and distribution and marketing (7 percent). Put differently, oil company profits have little impact on gas prices. In fact, ExxonMobil earned [...]

 I don’t think right-wing social engineering is any more desirable than left-wing social engineering.  I don’t think imposing radical change from the right or the left is a very good way for a free society to operate.  I think we need a national conversation to get to a better Medicare system with more choices for [...]

Simply put, consumers who are having financial problems as a result of their own practices may want to take a step back before consolidating to see if there are underlying problems that may have led to their need for a consolidation plan. Consumers who consolidate their debt rather than properly manage it are usually finding [...]

The homebuyer credit is repaid as an additional tax on your federal tax return for fifteen years, starting with your 2010 tax return. If you received the maximum $7,500 credit, this works out to annual repayments of $500 per year. You could think of this tax credit as an interest-free 15-year loan. The credit will [...]

The CSRDF, which provides benefits to retired and disabled federal workers covered by the Civil Service Retirement System, is invested in special-issue Treasury bonds. Under a 1986 law, the Treasury Department can temporarily stop investing new employee and agency contributions, along with interest earnings on existing investments and income from maturing securities. The department can [...]

Some customer’s of Bank of America (NYSE: BAC) may receive new debit cards in the mail, as their personal information and account details may have been compromised. The bank is not releasing details as to how much data was compromised, but that the corporation has discovered irregular activities involving the debit cards issued by the [...]