World’s Billionaires 2010

Carlos Slim Helu takes No. 1 spot on Forbes World’s Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery. For the third time in three years, the world has a new richest man. Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil […]

10 Tax Breaks for Parents

There’s one benefit to having children besides the joy they can bring you: tax breaks. CCH, a provider of tax information and services, released a list this week of ten ways the tax code benefits parents by helping to defray the costs of raising and educating children. Here’s the list from CCH below. 1. Personal […]

U.S. Sales Tax Rates Hit Record High

Shopping blues: Top tax 12%. Chicago’s 10.25% highest big-city rate. More Internet tax fights loom. While President Obama’s push to raise federal income taxes for the wealthy gets lots of attention, the continuing upward creep in the sales tax rates imposed by state and local governments has gotten less notice. But Vertex Inc., which calculates […]

Supermarkets Trick You To Spend More

Beware of the sneaky ways grocery stores spur spending, and follow our tips to outsmart the system. 1. ENTRANCE AREA The trap: Stores internally refer to this as the “chill zone.” And with good reason: This spot primes shoppers with impulse buys like DVDs, bulk goods and holiday products that appeal to them emotionally, says […]

The 23 Best Birthday Freebies

Getting Free Goodies Birthday goodies from restaurants and retailers abound, even in a tough economy, and they’re not just for kids. There’s plenty of free food, free stuff and great deals for adults and kids on their special days, though, like senior discounts at restaurants, you may have to ask for them wherever you go. […]

Euro’s Next Battleground

Greece set off the crisis rattling the euro zone. Spain could determine whether the 16-nation currency stands or falls. The euro zone’s No. 4 economy, Spain has an unemployment rate of 19%, a deflating housing bubble, big debts and a gaping budget deficit. Its gross domestic product contracted 3.6% in 2009 and is expected to […]

Family Car A Cash Cow

SAN DIEGO, California (AFP) – US researchers unveiled a vehicle Thursday that earns money for its driver instead of guzzling it up in gasoline and maintenance costs. The converted Toyota Scion xB, shown at the annual meeting of the American Association for the Advancement of Science here, is the first electric car to be linked […]

11 Tax Deductions

Although the tax code permits a wide range of deductions for taxpayers in various situations, thousands of filers routinely claim deductions for various types of expenses that are in fact non-deductible. Here is a list of some of the more common non-deductible expenses that show up on tax returns each year. Spousal and Child Support […]

The Least-Trusted Banks in America

Customers of the biggest banks in the United States are the least likely to believe their financial institution does what’s best for them as opposed to what’s best for the bottom line, according to a new report from Forrester Research. The report, Forrester’s annual Customer Advocacy rankings, ranks nearly 50 financial services firms in the […]

Recessionomics 101

How to Make Extra Money Jennifer Winslow wanted to earn some extra cash without giving up the flexibility of working part time. An avid cook, she and a friend initially planned to cater meals for busy families. When that turned out to be too time consuming, she tried baking. More than five years later, she […]