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Money meltdown
Hold On To Your Hats And Sunglasses, Here Comes The Credit Card Meltdown
We hope you're enjoying our current economic roller coaster because it's likely to continue — According to a new report from research firm Innovest Strategic Value Advisors, titled "Credit Cards at the Tipping Point," the fun has only just begun. As the credit crunch begins to affect consumers, they're going to have more difficulty paying their credit card bills. The report suggests that credit card companies' misleading practices and cavalier extension of credit may come back to bite them. Who should be worried? Capital One. More » -
Canned soup war
Recession's Arrival Confirmed By Weird, Confusing "Canned Soup War"
Reader Michael noticed these weird, soup-bashing ads in some Detroit-area newspapers yesterday. It seems that Progresso and Campbell's have launched some negative campaign ads — smearing each other for using MSG in their soup. Is the world ready for a canned soup war? If it is, should we be depressed about it? More » -
Spam
FTC Busts Giant Spam Operation, Enlarges Penis
Yesterday the FTC announced that they busted a worldwide spam operation that was responsible for "billions of e-mails in recent years," mostly selling prescription drugs, diet pills, and "male enhancement" products. Who actually clicks on those emails, you wonder? FTC agents, that's who! More » -
Employment
The Best Cities To Live In During A Recession
BusinessWeek asks, assuming that we keep sliding down into an official recession, where are the best places to live? They've pulled data from PolicyMap.com and the U.S. Census to make some educated guesses about local economies that will be least damaged by a large-scale downturn. They reason that no matter how the national economy fares, there will always be government jobs and a need for health care; higher education institutes provide a cushion for local economies, too. More » -
Circuit City Bankruptcy Watch
Circuit City Promises The Same Price In The Store And On The Web
Circuit City has announced that, after extensive research, they've decided that consumers want to see the same prices in the stores as on-line. More » -
Cool housing
Make Your Next House A Shipping Container
These 12 ideas for converting shipping containers into homes are pretty cool, if not always practical or cheap. Our favorite is the one that's probably among the most expensive to make, not to mention that added cost of relocating to New Zealand to get the awesome view. Runner up: Ross Steven's three-story fortress built into a hillside (see page 2).
"Crate Expectations" [Treehugger via Digg]
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Finovate
Report From Finovate '08: Round 3
We spent yesterday at Finovate, a yearly roundup of new personal finance services available online. Here's a recap of some of the afternoon presentations, including a mortgage comparison service that promises greater transparency, a new credit simulator feature from Credit Karma, and a site that uses reverse auctions to get banks to bid on your money. More » -
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Most Popular Stories
- Verizon Wireless Roadside Assistance Apologizes For Sucking (8,990 views, 45 comments)
- Study: There Is All Kinds Of Nasty Crap In Your Bottled Water (8,951 views, 75 comments)
- Liquidation: Linens 'n Things To No Longer Sell Linens, Things (7,920 views, 56 comments)
- The WiFi Porn Party Is Over At American Airlines (60 comments, 3,570 views)
- Back-To-School Season Was Abject Failure For Retailers (57 comments, 4,251 views)
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Lehman
Days Before Bankruptcy, Lehman Brothers Approved $100 Million Parachute
The Times of London says that a mere three days before Lehman Brothers went bankrupt, the firm approved $100 million in payouts to departing executives. More » -
Flying porn
The WiFi Porn Party Is Over At American Airlines
American Airlines has changed its mind about its liberal anti-porn-filtering policy and will, indeed, attempt to stop that guy in a trench coat from downloading naughty content. More » -
Health
Study: There Is All Kinds Of Nasty Crap In Your Bottled Water
A new study challenging the idea that bottled water is "purer" than tap water found a laundry list of nasty substances in major brand name water, and named two brands that exceeded California's health standards. More » -
Economy
Back-To-School Season Was Abject Failure For Retailers
The Back-To-School season is usually the best season for retailers aside from the holidays, but not this year. Retail spending was down for the third consecutive month as shoppers stayed away from stores and ignored bargains. More » -
Verizon Wireless
Verizon Wireless Roadside Assistance Apologizes For Sucking
Earlier this month we shared Jason's tale of incompetent Verizon Wireless Roadside Assistance—how the operator "helping" him acted like she'd been huffing paint on her break, and eventually just abandoned him with a "Sorry, I can't help," left on his voicemail. Verizon saw Jason's story and contacted him about it. Below is the follow up he sent us yesterday. More » -
going out of business
Liquidation: Linens 'n Things To No Longer Sell Linens, Things
Plans to auction off Linens 'n Things were scrapped Monday night, says the Wall Street Journal, dooming the housewares retailer to liquidation by the end of the year. Apparently, no bidder was willing to offer more than the 475.5 million dollars offered by a group of liquidators who wanted to shut the retailer down. More »












