Category Archives: Current Events

Opportunities Online Abound, But Watch Out for Scammers

Recently, a scandal broke when it was discovered that a freelance columnist at ESPN.com was using her connection with the Worldwide Leader in Sports to allegedly scam others. The story of Sarah Phillips offers some insight into making money online. Her story actually illustrates the many opportunities available online. Unfortunately, if the allegations against her…

Canada Gets Rid of the Penny; Should the U.S. Follow Suit?

In recent years, there has been a trend in many countries to get rid of smaller money denominations. One-cent pieces are  becoming increasingly rare, and with the latest move by Canada, they’re rarer still. Canada just released it’s budget for the coming fiscal year and announced that the Royal Canadian Mint will stop producing pennies…

What Would You Do with a Wage Increase?

According to recent economic figures from the Commerce Department, wages and salaries grew by 0.4% in January, after growing 0.4% in December. Personal income increased as well. In an economy where there has been a lot of concern about income and wages and stagnation, even a small indication of an increase can be encouraging. Additionally,…

Historic Low Rates: Savers Get the Shaft

On January 25, 2012, the Federal Reserve announced that it will be keeping interest rates at historic low rates near 0%. For the past few years, this has been the state of affairs as the Fed, led by Chairman Ben Bernanke, attempts to stimulate the economy. While historic low rates offer some opportunities for those…

What the Online SOPA Protests and Blackouts Achieved

If you were surfing the World Wide Web on Wednesday, you probably noticed that many of your favorite websites were blacked out. You certainly noticed Google’s logo being covered. You may have see that Wikipedia was unaccessible in the English language. You could have even been humored when you saw your favorite blogs, Facebook friends,…