Sunday, March 14, 2010

Finance & Economy

What to Do About Your IRA
If you have money in an Individual Retirement Account, or an IRA rollover account, you’ll be faced with a big financial decision next year. Should you convert your current IRA, on which you’ll pay
BY Terry Savage
Credit-Card Power
If you own a credit card, you know that the issuer of that card can do as it wants with your account. Millions of cardholders have witnessed just how much control the issuer has, from arbitrarily incr
BY Mary Hunt
Hiding from Volatility
People are seeking refuge from the volatility of the stock market by switching to bond funds. What they don’t realize is that you can lose just as much money in a bond fund and just as quickly. Bond
BY Terry Savage
The Allure of Gold
The allure of gold is nothing new. Throughout the centuries, gold has held a fascination that comes not only from its beauty (hold a gold coin in your hand, and you’ll see what I mean), but also fro
BY Terry Savage
CreditCards
In late 2008, the Federal Reserve Board, which oversees and regulates the credit-card industry, cracked down on unfair and deceptive practices by credit-card companies, including the fees and interest
BY Mary Hunt
Stimulus Business
President Barack Obama’s $787 billion American Recovery and Reinvestment Act, better known as the economic stimulus bill, contains a vein of gold for small businesses, but businessowners must be pre
BY Ted Knutson
Kids and Taxes
Consider this news to be another step in the “tax accountants full-employment act.” The “kiddie tax” now applies to much older kids! The change in the tax law puts a crimp in the plans of weal
BY Terry Savage
The Current Market
If the current financial news has your head spinning, you’re not alone. Every day seems to bring new statistics, for better or worse. One pundit says get out of the market, another says stay the cou
BY Carrie Schwartz
401(k)s & IRAs
Chicken Little was right. The sky was falling for most retirement accounts in 2008. But that doesn’t mean Little, lead character in a fable about a chicken who believes the sky is falling, should be
BY Ted Knutson
Putting Depositors First
African-American and other minority-owned banks are a bright spot in the collapse of the subprime mortgage market that has upended Wall Street and threw the global financial and banking industries int
BY Bevolyn Williams-Harold
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march 2010

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25 Influential Black Women in Business
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