Feb 23, 2015 8:53am

Survey Finds Many Americans ‘on the Edge of Financial Disaster’

Morning Money Memo … As the economy improves, more Americans are borrowing money to pay for purchases. Thirty-seven percent have credit card debt that equals or is greater than their emergency savings, says a survey released today by Bankrate.com. “These numbers mean that three out… Read More »

Feb 11, 2015 9:55am

Rite Aid Expands Into Pharmacy Benefits Business

Drug store chains are changing their business models, adapting to big changes in health care. Rite Aid is expanding from running drugstores into managing pharmacy benefits with its $2 billion purchase of EnvisionRx. The company, which runs prescription drug plans for employers and insurers, also… Read More »

Jan 28, 2015 6:24pm

3 Red Flags to Remember When Picking Tax Preparer

When Oscar Lomeli asked his friends for a recommendation on a tax preparer, he didn’t think he’d end up getting stuck paying back his bogus refund. Need more help with your tax returns? See more information below. “They [friends] told me she was good,” said… Read More »

By Enjoli Francis

Jan 22, 2015 6:41pm

Early Warnings About IRS Scams This Tax Season

The government is issuing a warning today for Americans to be on high alert for tax-season scams that feature fake IRS agents. Lois Dilibero said a fake IRS agent left a voicemail on her phone recently. “They said, ‘You need to call us right away…. Read More »

By Jeanette Torres

Jan 15, 2015 4:16pm

Ikea Recalls 169,000 Crib Mattresses Over Entrapment Risk

Ikea is recalling about 169,000 crib mattresses in the U.S. over an entrapment hazard. According to the U.S. Consumer Product Safety Commission (CPSC), the recall involves Ikea’s Vyssa-style crib mattresses with the model names Vackert, Vinka, Spelevink, Sloa and Slummer. The mattresses were sold at… Read More »

Jan 12, 2015 8:28pm

Gas Prices Fall Again, With No Floor in Sight

The average price of a gallon of regular fell to $2.14, down 8 cents from a week ago and $1.19 less compared with a year ago, according to the Department of Energy. This is the lowest weekly average gas price since May 2009 — the… Read More »

Dec 31, 2014 9:04am

2014: It’s Been a Brilliant Year for Investors

Morning Money Memo…. Take a look at your 401(k) fund statement: 2014 has been a very good year for most investors and businesses. The S&P 500 big stock index is up more than 12.5 percent. Stock returns are usually far stronger than keeping your money… Read More »

Dec 29, 2014 6:28pm

Christmas Parcel Delivery Improves Over 2013

Morning Money Memo… The Christmas parcel rush went much better than last year, when bad weather contributed to major shipping snafus. But how did retailers do with their late promises to customers? The online commerce research firm StellaService did a performance test on 40 large… Read More »

Dec 25, 2014 7:48am

Jobs, Economy and Stocks Gain as Year Closes

Morning Money Memo… Major markets in the U.S. and Europe are closed today for Christmas. The Dow finished up just 6 points yesterday, enough to set yet another new record for the index at 18,030. Markets will end the week with good news in hand,… Read More »

Dec 24, 2014 10:35am

Stock Market Enjoys Santa Claus Rally

Morning Money Memo… The stock market is having more than a Santa Claus rally. The U.S. economy is getting stronger with new optimism about growth heading into the new year. The stock market closed yesterday at record highs after the Commerce Department said growth expanded… Read More »