By aksekar(view all posts by aksekar)
at 8:55AM Wednesday March 9, 2011
under
Newsworthy
One of the perils of regulation is that legislators can be stuck
playing catch-up. In the words of Elizabeth Warren of the Consumer
Financial Protection Bureau, "
This approach -- write a rule,
avoid a rule, write another rule -- is costly for consumers and the
industry [and] multiplies the number and complexity of
rules."
We've begun to see this
effect in the wake of the
Credit CARD Act. That legislation, along with new Federal Reserve
guidelines, restrict rate hikes, prohibit unreasonable overdraft
fees, and particularly curbing merchant credit and debit fees with
the Durbin Amendment. But limiting one source of revenue simply
encourages banks to find another, sometimes creatively.
Read More …
By dealtown(view all posts by dealtown)
at 9:57AM Friday February 25, 2011
under
Newsworthy
Superette, a boutique clothing company in Auckland, New Zealand, has launched a new
ad campaign to promote a short shorts sale. They've put indented plates touting their sale on benches at malls, bus stops and parks, so that anyone with bare legs who sat down would have the message imprinted on the backs of their thighs.
Read More …
By dealtown(view all posts by dealtown)
at 8:56AM Wednesday February 23, 2011
under
Newsworthy
Image courtesy of janineomg via Flickr.A California woman has filed a
class action lawsuit against Nutella alleging false advertising. Athena Hohenberg calls Nutella's ads "misleading," because they insinuate that the product is "healthy," when in fact it's chock full of sugar and fat.
Read More …
By SavingsMommie(view all posts by SavingsMommie)
at 6:55AM Monday February 21, 2011
under
Newsworthy
Finally, I have something in common with politicians (
well, some). The fact that they are taking a strong stance on the importance of breastfeeding. Just recently, the Internal Revenue Service (IRS) announced that they would reverse a ruling that didn't qualify breast pumps and other lactation supplies as a medical care expense.
For someone like myself who has a
flexible spending account (FSA), I would not be able to claim or get reimbursed for a breast pump, under the old tax ruling. After the recent announcement by the IRS, however, breastfeeding mothers can now claim it. This is a huge victory.
Read More …
By dealtown(view all posts by dealtown)
at 9:56AM Wednesday February 16, 2011
under
Newsworthy
Coca-Cola has kept its secret recipe closely guarded for over a century. Last week, the producers of This American Life posted what they believe to be the recipe. The jury is still out on whether it's totally accurate, but it's plausible that it could be.
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By NerdWallet(view all posts by NerdWallet)
at 7:58AM Wednesday February 16, 2011
under
Newsworthy
Financial hardship is a common theme these days, especially with
the national unemployment rate hovering near 10%. And many of the
hardest hit are those who are retired or planning to retire soon.
If the economic standstill continues to drag on, retirement is
going to become harder and harder as people won't have nearly
enough stashed away.
Read More …
By dealtown(view all posts by dealtown)
at 7:55AM Wednesday February 9, 2011
under
Newsworthy
One of
Groupon's Super Bowl commercials has been generating controversy since last Sunday. The ad features actor Timothy Hutton telling us that "
the people of Tibet are in trouble, their very culture is in trouble," referencing
Tibet's long history of suffering and oppression.
Hutton then continues, "...
but they still whip up an amazing fish curry."
Read More …
By SavingsIQ(view all posts by SavingsIQ)
at 11:56AM Tuesday February 8, 2011
under
Newsworthy
A recent LA Time articles reported that
breast implants may be linked to a rare form of cancer called anaplastic large-cell lyphoma or ALCL, in a small number of women. Scary stuff.
This leads me to question if risking your life to look good is worth it. In a live webcast that took place last Friday, Dr. Seth Thaller, chief of plastic and reconstructive surgery at the University of Miami Medical school, discussed the
risks of implants. In a nutshell, breast implants need to be monitored carefully--which any reputable plastic surgeon will tell you before the operation. Fibrous tissues that form around the breast, or seroma, can sometimes lead to ALCL.
There have been 60 cases worldwide out of 10 million implants. 34 of them were in the United States. It's a very small percentage--but still, the risks are there.
Read More …
By Dealman(view all posts by Dealman)
at 11:58AM Monday February 7, 2011
under
Newsworthy
As a writer and DealPro in the online space, it's always interesting to monitor the major developments on the web. One of the more interesting things about the Super Bowl ads was the ads for websites like Groupon or the new media venture, The Daily. Today there's news that
AOL bought the Huffington Post for $315 million. Though AOL might've spawned movies like "You've Got Mail," it's hardly the major player it once was.
So what's this mean for AOL, and, really, for the future of the internet?
Read More …
By stella.louise(view all posts by stella.louise)
at 1:58PM Friday February 4, 2011
under
Newsworthy
This week's stories include the sale of MySpace, improvement in the unemployment rate and the TSA signing a pact to become Teamsters?
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By Yasarh(view all posts by Yasarh)
at 9:56AM Thursday February 3, 2011
under
Newsworthy
Image Courtesy of dougbelshaw via FlickrThis week the Guy and Yasar show comes with good news for
AT&T
customers. Well, at least good news for those who want more data usage
for tethering.
Here are the details:
Read More …
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