November 2010 Headlines

The Secret to David Green's Successful 'Hobby'

Billionaire David Green, CEO of Hobby Lobby, has closely followed Biblical principles over the years. It's the God behind those principles he credits for his success.

Early Data Signals Merry Christmas for Retailers

On Cyber Monday, online retailers experienced a sales surge that could surpass last year's numbers by 20 percent.   

U.S. Credit Card Use Drops

TransUnion, a credit reporting agency, found that more than 8 million Americans have stopped using their credit cards, an 11 percent decline.

CBO: Bank Bailout Cost Taxpayers $25 Billion

The Congressional Budget Office says the 2008 bank bailout won't cost taxpayers as much as they previously thought.

Investors Fear EU Bailout Spells Financial Meltdown

Not everyone is happy about the European Union's proposed bailout of Ireland.

Stores Hope Deals Attract Online Shoppers

It's Cyber Monday - the busiest online shopping day of the year, as online stores are offering discounts and free shipping to capitalize on this season's momentum.

Holiday Shopping Season: How to Stay out of Debt

How can you get the most for your money this holiday season without going into debt? Financial fitness coach Sanyika Calloway-Boyce shares some tips on how to stay disciplined.

Poll: Consumers Less Apprehensive Over Debt

A new poll shows that Americans are less concerned about debt than a year ago, but that doesn't mean they'll be spending freely this Christmas season.

Fed Minutes Show Disagreement over $600B Stimulus

Some members of the Federal Reserve have expressed concern about the impact the Fed's quantitative easing initiative could have on the dollar.

Will Americans Choose Shopping Over Turkey?

The traditional "Black Friday" shopping day after Thanksgiving is turning into "Black Thursday."

New Technology Makes for Hassle Free Shopping

For shoppers weary of having to try on numerous clothes just to find the right outfit, two stores have introduced a process that may make for hassle free shopping.

Operation Blessing Makes Forbes Top Ten Charities

Forbes Magazine has named Operation Blessing International as the sixth most efficient charity in the country.

All Eyes on Spain, Portugal after Ireland Bailout

After a debt-crippled Ireland finally swallowed its pride and asked the EU for a bailout, it now appears Spain, the fourth-largest economy in Europe, may follow suit.

Thanksgiving Dinner More Costly This Year

Thanksgiving dinner is more expensive this year due to higher food prices, according to a new report by the Food Institute.

Modest Economic Growth Expected Through 2011

A new report by the National Association of Business Economists suggests Americans shouldn't look for the economy to improve any time soon.

Ireland Swallows Bitter Pill, Asks EU for Loan

Ireland has formally applied for a massive bailout from the European Union in an effort to keep its banking system from collapsing.

Turkey Donations Drop This Thanksgiving Season

Charities from coast to coast are having trouble collecting what is usually the centerpiece of the American Thanksgiving meal -- the turkey.

Food Prices Expected to Soar in 2011

Food prices could start climbing again next year. The United Nations is warning about shortages in key crops like corn and wheat.

General Motors Stock Begins Trading Thursday

The turnaround marks a new phase for the auto giant since the controversial government bailout in 2009.

European Officials Move to Stabilize Irish Banks

European Union and Irish officials are trying to find a way to stabilize Ireland's banks and restore confidence to the entire 16-nation Eurozone.

Consumer Prices Rise Moderately but Inflation Tame

Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.

Churches Lease Property for Cell Tower Locations

Many churches are looking for financial relief and some have decided to help their situation by leasing their buildings as location sites for cell towers.

Author: 'Timing' is Everything to Save, Reduce Stress

Mark Di Vincenzo says the right timing will help you get more for your money, maximize your time, take better care of your health, and make smarter career choices.

Cotton Prices at Highest Level Since 1870

The so-called "fabric of our lives" may get more expensive next year.

China to Invest Less in U.S. Securities

China is changing its international investment strategy. For the first time, the People's Republic is putting more money into hard assets like iron, oil and copper and less into U.S. government securities.

Iran: $100 Oil Price, No Problem for World Economy

Iran says that if oil hits $100 a barrel, it will not hurt the global economy.

Retailers Prepare for Holiday Shopping Boom

After a couple of dismal holiday shopping seasons, consumers seem to be ready to spend again -- and stores are gearing up to fight for the business.

Deficit Commission Proposes $4 Trillion in Cuts

Lawmakers are staking out their positions over recent recommendations to trim the federal deficit, including a combination of tax hikes and spending cuts.

Leaders Reject U.S. Proposal on China Currency

Leaders of the world's 20 major economies refused to support a proposal by the U.S to force China to let its currency appreciate and cut its trade surplus.

Homes Lost to Foreclosure Drops 9 Pct in Oct.

October saw the sharpest drop in the number of homes foreclosed, with home repossessions declining by 9 percent from September.

Wal-Mart Offering Free Shipping for Online Buys

Wal-Mart Stores Inc. is going for the jugular in the holiday retailing war, announcing Thursday that it will offer free shipping on nearly 60,000 online items - with no minimum purchase requirement.

Job Claims Fall Sharply to Four-Month Low

Fewer people applied for unemployment aid last week, the third drop in four weeks and evidence that the job market is showing signs of life.

U.S. Cash 'Flood' Takes Center Stage at G-20 Summit

Leaders of other countries are concerned about the latest Federal Reserve decision to flood the U.S. economy with $600 billion in cash.

Fed's $600 Billion Move Sparks Global Backlash

The Federal Reserve's plan to strengthen the U.S. economy by printing more money has been harshly criticized by economists in the U.S. and overseas.

Gold at Record High, Inflation Concerns Abound

The price of gold hit another record high on Tuesday just above $1,420 while silver has gone over $28.

World Bank President: Gold a Standard Currency

The world's leading economic powers should think about going back to a modified gold standard, according to World Bank Group President Robert B. Zoellick.

Jobless Rate Remained at 9.6 in October

A new report from the U.S. Labor Department shows the economy still isn't generating enough jobs to bring down the nation's unemployment rate.

Fed Buys $600 Billion in Gov't Bonds

The Federal Reserve is trying to stimulate the economy by putting more money into the system.

Freddie Mac Posts $4.1B Loss for Q3

Mortgage buyer Freddie Mac on Wednesday posted a narrower loss of $4.1 billon in the July-September quarter.

Fed Poised to Buy More Bonds to Aid Economy

The Federal Reserve is getting ready for its latest attempt to strengthen the economy.

September Consumer Spending Weak, While Incomes Dip

Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.