President Barack Obama has submitted a proposal to Congress asking for permission to produce cheaper pennies and nickels. Why?
As part of the United States 2013 fiscal budget, Obama included a proposal to “change the composition of coins to make more cost-effective materials”.
Related News: Obama To Unveil Budget Plans: $901B Deficit and Tax Hike in Store
A marketing company in the US has offered to pay for the mortgages of 1,000 homes across the country for a year, claimed a report by Reuters on Sunday, if the homeowners allowed them to paint their houses into a giant advertising billboard.
Facebook’s co-founder and CEO Mark Zuckerberg could face a tax liability of more than $2 billion this year, claimed a report by the New York Times on Friday, with the 27-year old billionaire expected to exercise an outstanding stock option to purchase 120 million shares in the company ahead of its upcoming IPO.
Obama thinks his tax policies are an extension of faith, saying that Jesus would support his plan to impose a higher effective tax rate on higher-income Americans. But many are crying foul over his remarks.
Speaking at the National Prayer Breakfast last Thursday, U.S. President Barack Obama took the opportunity to share his religious and political beliefs with over 3,000 attendees.
Things are getting expensive with the rising cost of living. A new study has found that raising a child just got 55 percent more costly, with education, childcare and food the biggest ticket items in the basket.
According to the Cost of a Child 2012 report, it costs 120 percent more today to educate a child to the age of 21, compared with 2003, while the cost of childcare has soared 57 percent over the same period.
When compared with 2011, the cost has increased by 3.3 percent to raise a child to the age of 21.
Just how much does that cup of coffee cost? And how much are Americans willing to spend on it? Accordingly, a new research has found that Americans are not giving up their coffee addiction, even when the economic and job climate are weak.
Coffee culture is strong in America, and Americans are still paying for little indulgences like a cup of coffee.
But if you’re looking to save over a $1000 annually, cutting back on coffee might just help.
Having a bad credit score can be detrimental to a person’s financial options. Imagine trying to apply for a personal loan or a mortgage, and being charged a higher interest rate, or worse still turned down completely, just because of your credit score. To have a bad credit score will just waste more of your money and make it harder for you to have access to money when you need it the most.
Bonus day at Goldman Sachs is an intimate affair. Officially known as ‘Compensation Communication Day’, employees can expect to see their annual bonuses slashed by more than 20 percent. Should we feel sorry for them?
Goldman hasn’t had the best of years, but it is slowly working towards a recovery.
According to Reuters, the Bank’s fourth quarter profits fell 56 percent, mostly due to slipping trading and investment banking revenue.
Billionaire, Businessman, Entrepreneur. While Microsoft co-founder Bill Gates is best known for his numerous achievements in the field of personal computing, the tech icon is probably most proud of his philanthropic efforts, which has seen him donate nearly US$28 billion (or 48 percent of his personal wealth) to charity, while spearheading numerous social movements around the world.
50 percent of CEOs in the US are lonely and secluded at their work place, reported a survey done by management consulting firm RHR International on Tuesday, with a further 61 percent of this group adding that the isolation had been affecting their overall job performance.
