Pocketbook
McCostly: What the Quarter Pounder Index says about cost of living
Much like The Big Mac Index, The Quarter Pounder Index ranks cities' cost of living using McDonald's popular burger.
German finance minister suggests 2-step bank union
Germany's finance minister has called for caution as the European Union draws up plans to wind up failing banks, suggesting that the 27-country group risks losing credibility if it tries to set up... Read more »
Surveys say workers feeling more confident but not acting that way
While American workers are showing some signs of more confidence in the economy, there are lingering doubts that make them feel less optimistic about their jobs and economic future. Read more »
Virginia woman has no regrets over role in bombing suspect burial
The Virginia woman whose actions led to Boston Marathon bombing suspect Tamerlan Tsarnaev being buried about 30 miles north of her Richmond home said the angry backlash from local officials, some... Read more »
Has the gold rush came to an end?
When the price of gold plunged $200 last month, many people thought they caught the sound of the gold bubble popping. Read more »
New study challenges benefits of homeownership in a bad economy
A new study released this month by the Peterson Institute for International Economics has challenged previously conceived notions of the benefits of homeownership. Read more »
Cost of private nursing home care has risen 24 percent in past 5 years
Because of the rising expenses, nursing home care has risen to an average annual median rate of $83,950 in 2013, a large leap from a median of $67,527 in 2008. Read more »
Bernanke says Fed increasing financial monitoring
WASHINGTON — The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben... Read more »
Republicans to back Obama's student loan idea
House Republicans are willing to give President Barack Obama a rare victory on college loans. Read more »
Record profit signals healthier Fannie Mae
Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter. Read more »
Slovenia announces anti-bailout measures
Slovenia's government announced Thursday an austerity plan designed to raise 540 million euros ($707 million) in new taxes as part of an effort to balance the budget and avoid seeking an... Read more »
Washington looks for ways to ease student-loan debt
The federal Consumer Financial Protection Bureau on Wednesday suggested possible ways to make private student loans more affordable and easier to refinance. Read more »
6 tips to manage student loan debt
a job in a slow-growing economy is daunting enough without new financial obligations. Read more »
Americans spending 50 percent more on charitable donations than in 2009
A recent survey by Mint.com shows Americans are spending more on gifts and charity. Read more »
Mom's value in dollars dropped again, annual reckoning says
The annual Mother's Day reckoning that places mom's value in terms of real-world wages says her value has dropped for the third time, but it's still higher than most moms think, according to... Read more »
Balancing act: Survey says telecommuting threatens career growth
According to a March survey of more than 300 executives, 77 percent said their companies allowed telecommuting across job categories. However, 60 percent said they believed that working from home... Read more »
Are 401(k)s too risky to depend on for retirement?
In a nation with increasing retirement issues, investing in a 401(k) is becoming a greater gamble, according to Frontline. Read more »
Q&A with Helaine Olen, author of 'Pound Foolish'
In a conversation with the Deseret News, as in her recent book, "Pound Foolish," Helaine Olen wastes little time going after the likes of finance gurus Dave Ramsey and Suze Orman. Read more »
High school prom costs soar up to $1,139 this year
Average prom night costs rose 5 percent this year, according to an article by Time. Read more »
Family ties helped family-owned business survive the Great Recession
Family ties saved the Wittern Group during the Great Recession, according to an article by USA Today. Read more »
US Airways increases fees to change nonrefundable tickets
US Airways increased its fees for changing nonrefundable tickets from $150 to $200, following the example of United. Read more »
Protesters target Wells Fargo annual meeting
Some irate consumers took to the streets of downtown Salt Lake City to protest what they called discriminatory lending practices and unethical investments of one of the nation’s largest... Read more »
Is the slowly recovering economy the fault of college students?
Student loans may not be the culprit for the sluggish economic recovery, according to an article by The Atlantic. Read more »
Even with no late fees, credit card overdue payments are dangerous
Although they won’t be charged for it, paying a credit card payment late on a no late fees card can cost consumers in various other ways. Read more »
Balancing act: Do you think busyness is a virtue?
How often have you deflected a work assignment by claiming that you're just too busy to accept it? No one wants to hear how busy someone else is. But that doesn't stop us from wearing our busyness... Read more »
Kids learn the value of saving and spending money
Fourth-grade students at Guadalupe School in Salt Lake City Monday learned about the importance of financial responsibility on “National Teach Children to Save Day.” Read more »
Older stories can be found in the story archives
McCostly: Where to get the cheapest Quarter Pounder
The Quarter Pounder Index ranks cities' cost of living using McDonald's popular burger. Read more »
'Mantiques' could be a ticket to more cash
With warmer weather comes de-junking, de-cluttering, and spring-cleaning. Monica Zoltanski, owner of the Capital City Antique Mall said now is the time to cash in on your “mantiques.” Read more »
The Mortgage Professor: Escrow can raise costs, but add simplicity
Jones pay more for his mortgage than Smith? One possible reason is that they borrowed at different times, when market conditions were different. Right now, the market is very favorable, but... Read more »
US rate on 30-year mortgages rises to 3.59 pct.
Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help... Read more »
Making your budget work for 2
There are many joys and benefits of coming together in a union with the person you love. However, balancing your budget is not one of those joys. Read more »
Dave Ramsey says: In unique circumstances, paying off mortgage loans can come before investing in retirement
Dave Ramsey gives advice about paying off mortgages and making career choices based on relationships. Read more »
US unemployment aid applications fall to 340K
The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health. Read more »
Birth control coverage up for federal appeal
In the most prominent challenge of its kind, Hobby Lobby Stores Inc. asked a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer... Read more »
Is another housing bubble looming on the horizon?
The housing market may be on its way to another bubble, according to a new article that ran Thursday on Bloomberg.com. Read more »
Americans spent $61.4 billion on pets in 2011
According to a report by the Bureau of Labor Statistics, Americans spent roughly $61.4 billion on their pets in 2011. Dividing the findings by household, the spending comes out to $500 per household. Read more »
Applications for US unemployment aid fall to 340K
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. Read more »
Retirement may be bad for your health, new study suggests
According to a new study by the Institute of Economic Affairs, retiring may have a negative effect on one's health. Read more »
Better Business Bureau: beware of Memorial Day scams
In preparation for the holiday weekend, the Better Business Bureau released advice on its website to avoid Memorial Day scams directed at military personnel. Read more »
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