Money

Can Amazon Prime Sign Up Half of U.S. Households by 2020?

Filed under: Amazon.com, Shopping, Consumer Goods, Internet, Music & Entertainment Daniel Acker/Bloomberg via Getty Images By Rebecca Borison Amazon.com (AMZN) is known for keeping quiet when it comes to numbers on its Prime membership program, but analysts certainly have high hopes for the subscription service. Ben Schachter, an analyst at Macquarie Securities, recently told The New York Times that by ...

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Fed Pushed Toward December Hike Last Month, Despite Concern

Filed under: Inflation, Unemployment Rate, Economic Recovery, Federal Reserve, Interest Rates Andrew Harnik/APFederal Reserve Chair Janet Yellen By Howard Schneider and Jason Lange WASHINGTON — A solid core of Federal Reserve officials rallied behind a possible December rate hike at the central bank’s last policy meeting, but central bankers also debated evidence the U.S. economy’s long-term potential may have permanently ...

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Market Wrap: Stocks Rally on Raised December Rate Hike Bet

Filed under: Apple, Market News, Federal Reserve, Upgrades and Downgrades, Interest Rates Richard Drew/AP By Sinead Carew NEW YORK — U.S. stocks closed higher Wednesday and investors appeared positively inclined toward higher rates after minutes from the Federal Reserve October meeting showed a solid core of officials rallied behind a possible December rate hike. Central bankers at the October policy ...

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From Big Dreams to Owning a Small Business

Filed under: Life Stage Lessons Ten years ago, Diane and John MacPherson were at a crossroads in their careers. After careful thought and planning, they decided to start their own small business and open a bed and breakfast across the country. Here’s how they made their dream a reality. The MacPhersons were living in Laguna Beach, California, and working “typical ...

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Avoid These 10 Retail Scams That Target Holiday Shoppers

Filed under: Retail, Holiday Shopping, Advertising & Marketing, How to Save Money, Consumer Protection Getty Images By Caroline Hailey While you shop for gifts for your friends and family members this holiday shopping season, don’t fall victim to the schemes that retailers use to take advantage of your holiday spirit and eagerness to get a good deal. Learn the most ...

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Don’t Raid Your Retirement Account to Pay for the Holidays

Filed under: Holiday Shopping, Personal Finance Shutterstock By Brian O’Connell Americans will spend more than they planned this holiday season, especially the case for parents buying their children presents. And they know it — resigning themselves to a fate of profligate consumerism. That’s the gist of a recent study from T. Rowe Price, titled “2015 Parents, Kids & Money.” In ...

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Millennials Vote With Their Feet on Choice of Banks

Filed under: Banking, Personal Finance, Banks, Financial Services, Credit Unions Shutterstock By Krystal Steinmetz It appears that size matters, at least when millennials are selecting a bank. Young Americans (between 18 and 34) are increasingly ditching big banks and taking their business to smaller, local banks and credit unions, according to a recent banking survey from Accenture. While large national ...

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The Only Time Short-Term Health Insurance Makes Sense

Filed under: Health Care, Health Insurance, Consumer Issues Shutterstock By Dan Rafter There’s only one time you should buy short-term health insurance — when you have no other option. “We call them Swiss-cheese policies,” says Sarah O’Leary, founder and chief executive of national health care consumer advocacy group Exhale Healthcare Advocates. “They are less expensive because you get what you ...

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Ex-Subway Spokesman Fogle Gets More Than 15 Years in Prison

Filed under: Food & Beverage, Restaurants, Scandals and Lawsuits, Celebrities By RICK CALLAHAN (Note: This story contains graphic testimony about the defendant’s sexual history.) A judge sentenced former Subway pitchman Jared Fogle to more than 15 years in prison on Thursday for trading in child pornography and having sex with underage prostitutes. U.S. District Court Judge Tanya Walton Pratt disregarded ...

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Starboard to Yahoo: Sell Core Business Not Alibaba Stake

Filed under: Company News, Technology, Yahoo, Internet, IRS Kimberly White/Getty Images for FortuneYahoo CEO Marissa Mayer speaks during the Fortune Global Forum in San Francisco, California, earlier this month. By Devika Krishna Kumar and Lehar Maan Activist investor Starboard Value asked Yahoo to drop plans to spin off its stake in Alibaba Group due to tax concerns, and instead urged ...

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