House Passes Passengers Bill Of Rights, But Don't Rejoice Yet

House Passes Passengers Bill Of Rights, But Don't Rejoice Yet

The House this week finally passed the Passengers Bill of Rights, ensuring that delayed passengers will have adequate access to food, water, and even restrooms. The ironically delayed piece of consumer legislation has languished for years, but the bill that passed the House still isn’t good enough. Under the House legislation, airlines themselves get to decide what constitutes an “excessive delay,” allowing them to keep stranded passengers on the tarmac for hours. Let’s look at the bill and see what changes need to be made in the Senate…

Ticketmaster Tries To Evade California Law By Calling "Gift Card" A "Discount Card"

Ticketmaster Tries To Evade California Law By Calling "Gift Card" A "Discount Card"

See this gift card, the one that says “GIFT CARD” in big letters? Ticketmaster insists it’s really a “Discount Card,” and thus, not covered by the California law preventing gift cards from expiring.

http://consumerist.com/2008/04/28/definition-zero-outs-what/

Definition: “Zero Outs” – What call centers call…

What Are "12b-1 Fees?"

What Are "12b-1 Fees?"

Another factor to consider when choosing a mutual fund are its 12b-1 fees, which are basically money the fund managers take out to pay for running and marketing the fund.

What Is R-Squared?

What Is R-Squared?

We’re trying to learn more about mutual funds, which we find quite frightening, so let’s start by breaking down some terms, like R-squared, a measure of volatility. Here’s what Vanguard says:

http://consumerist.com/2007/07/03/if-you-want-to-successfully/

If you want to successfully challenge a charge a debt collector says you owe, you’ll want to understand the doctrine of “account stated.”

4 Things To Try Before Foreclosure

4 Things To Try Before Foreclosure

Usually one has somewhat of an advance notice that they’re going to miss a mortgage payment, so before that happens and the bank comes to take your house away, Kiplinger’s advises calling up your lender and discussing one of these four options:

What Are "Expense Ratios?"

What Are "Expense Ratios?"

For the new investor considering mutual funds, one important comparison basis is their expense ratio.

McDonalds Wants To Literally Redefine "McJob"

McDonalds Wants To Literally Redefine "McJob"

Webster’s dictionary defines McJob as, “a low-paying job that requires little skill and provides little opportunity for advancement,” a definition that McDonalds’ lobbyists are working overtime to overturn.

The company is leading a “word battle” on behalf of the wider service sector. The object, according to David Fairhurst, a senior vice-president of McDonald’s, is to change the definition of McJob to “reflect a job that is stimulating, rewarding … and offers skills that last a lifetime.”

The Oxford English Dictionary, which specifically notes that McJobs are “unstimulating,” claims that they track the popular usage of words, and do not respond to pressure from interest groups. What do you think? Tell us in the comments. — CAREY GREENBERG-BERGER