There’s been a lot of talk about “Cash for Clunkers” but what exactly is being done with the old, abandoned “clunkers”? Under the program’s terms, dealers must destroy the engine with a sodium silicate solution…which in turn, is creating a huge financial blow to automotive recyclers that would normally reuse those old engines in other [...]
How to Help Your Kids Avoid Financial Mistakes
Kevin Waldron, from Merrill Lynch fills us in on common financial mistakes that college students make and some great advice for parents on how to proactively help their children avoid making these mistakes.
New-Home Sales Up Nearly 10%
Last week we heard good news that existing home sales were up 7.2% from last month and up 5% from a year ago- this week there is more good news on the housing front. A new government report shows that new-home sales rose by nearly 10% in July. And although sales were still 13.4% below [...]
“Cash for Clunkers” Final Results
The popular “Cash for Clunkers” results are in- 690,114 car sales, totaling $2.88 billion. Japanese automakers benefitted most from the incentive- with Toyota, Honda and Nissan, accounting for 41% of new vehicle sales. The Toyota Corolla was the most popular new vehicle purchased under the program, followed by the Honda Civic, Toyota Camry and Ford [...]
US Airways to Raise Bag Fees
It was only a matter of time before US Airways followed their competitor’s leads and raised bag fees for domestic and international flights. Starting in October, they will start charging $50 for second bags checked onto transatlantic flights, and $55 if the bag is checked in at the airport instead of online. Baggage fees for [...]
New Jobless Claims and Existing Benefit Rolls Fall
A report by the Labor Department just released this morning, shows that both first time unemployment claims and continued jobless benefit claims fell last week. Both figures are still above healthy levels, and analysts expect the unemployment to keep increasing, but it’s evident that layoffs are easing. Companies cut 247,000 jobs in July- no modest [...]
“Charlie Meatball”
Remember when I shared with you the essay I submitted to the “Hurtin’ Pup Contest” about my special needs dog Charlie? Well Charlie and I were picked as winners! He has an incurable birth defect called mega-esophagus- basically, if he ate or drank on all fours, nothing would ever get into his stomach because he has [...]
“Survive and Thrive”
It seems like we are always hearing about the lack of jobs, but the good news is there are jobs available! Below are a list of jobs openings in our area.
5.5 Million Window Covers Recalled After Causing Deaths
5.5 million shades and blinds have been recalled in response to three deaths and the near strangulation of seven other children. Two deaths involved 1-year-old boys who became entangled in the cords on Lewis Hyman roll-up blinds and Roman shades. The other death involved strangulation by the loop of a Vertical Land vertical-blind cord. Pottery Barn [...]
Price Hikes are Brewing
The nation’s two largest beer sellers, MillerCoors and Anheuser-Busch announced yesterday that they’re raising prices on a market-to-market basis, due to higher commodity costs. Analysts say that although brewers have been hard hit by rising prices in recent years, they have not been as aggressive about raising their prices as food manufacturers. Specifics on the [...]



