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Article Archive for December 2008

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Auto industry gets loans, stocks respond

The auto bailout was passed last week for GM and Chrysler. Bush signed the bailout for them to receive $17 billion in loans. There were some fairly steep stipulation to the loans, but at the same time there is still very little structure to the …

Tipping is also being influenced by the recession

In a report from Reuters, it is discovered that the recent economic downturn has led to fewer tips for those whose salaries rely on them.
In some cases, waiters and waitresses are making half of what they normally made.
I have also been to a restaurant recently …

Has luxury has lost its luster?

Sales are down across the board for many luxury goods retailers. Now, more than in previous years, it has become looked down upon to flaunt wealth, even for those who are still wealthy.
In places like New York’s Fifth Avenue retailers are putting their luxury brands …

Save some money…don’t buy your loved one an Acura…

I was watching commercials recently when someone said that an Acura gift was “perfect.”
Perfect? Really??
Was it so Perfect when the bill came in and you both realized that you couldn’t afford that $50,000 car? How about when the lease came in and you could only …

RIAA to stop suing individuals

The RIAA has finally vowed to stop suing individuals for illegally downloading music. Instead, they will go after ISP’s to find illegal uploader to stop them and cut off their internet connection.
I don’t think there’s anything wrong cutting off internet connection for illegally downloading music…after …