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$heen $its Atop TV Heap
 $heen $its
 Atop TV Heap 
Aug 5, 2008 11:26 AM CDT

$heen $its Atop TV Heap

(Newser) - Charlie Sheen is the highest-paid primetime TV actor at $825,000 per episode, but the Two and a Half Men star's $20 million per year pales in comparison to Oprah's haul. The media mogul took home $385 million last year, Reuters reports in deconstructing TV Guide’s annual list of...

'Buried Treasure' Riddle Stumps Feds

Man has been trying to exchange millions in moldy notes for years

(Newser) - It was found in a suitcase in an alfalfa field. It was in a tree. A treasure map led to a coffin full of money. Customs broker Franz Felhaber has been giving different stories about how he came to have up to $20 million in decomposing dollars for years, the...

Connery Won't Give Son a Dime
 Connery Won't Give Son a Dime 
Jul 21, 2008 10:45 AM CDT

Connery Won't Give Son a Dime

Star wants son to earn his living

(Newser) - Add Sean Connery to the list of wealthy patriarchs who want their children to make their own money. The 77-year-old actor is worth $170 million, but his 45-year-old son, Jason, will “never receive a penny” of it, Connery’s ex-wife and Jason's mother Diane Cilento told the London Times.

These Days, Local Banks Look Good
These Days, Local Banks Look Good
OPINION
Jul 19, 2008 10:35 AM CDT

These Days, Local Banks Look Good

Your community banker cares, and may even have good deals

(Newser) - Community banks may seem like quaint relics to those who prefer banking online, but IndyMac's meltdown should have us thinking differently, Ron Lieber writes in the New York Times. Lieber visited a bank in small-town Maryland, and found a friendly, gray-haired manager who gives banking a personal touch. “If...

FDIC Hunts for IndyMac Buyer
 FDIC Hunts for IndyMac Buyer 
Jul 14, 2008 2:40 PM CDT

FDIC Hunts for IndyMac Buyer

Feds want to see it as a whole; see more small banks failing in future

(Newser) - The Federal Deposit Insurance Corporation is looking to sell recently capsized IndyMac as a whole to one healthy bank, an executive told Reuters today. The FDIC took over IndyMac on Friday after nervous customers withdrew more than $1.3B in 11 days. "I don't expect there will be large...

Today's Hitchhikers Fly by Cushy Private Jet

High society fliers take rides with friendly billionaires

(Newser) - Today’s brand of hitchhiker isn't on a street corner thumbing rides, but at airports that serve cushy private planes, the New York Times reports. Seeking the prestige and elation of flying in a $40 million jet, these riders reserve seats with friendly billionaires. “There are a lot of...

Therapists See New Disorders in Mega-Rich

Today's wealthy are too narcissistic to be depressed, say shrinks

(Newser) - These days the rich in America are richer than ever—but with more money come more problems, from fears of inadequacy to neurotic consumption. To help them with their troubles, these titans of Wall Street or K Street call upon a small group of therapists who make a specialty of...

Paper Co. Cuts Off Supply of Zimbabwe's Bank Notes

Secretive German firm caves to pressure

(Newser) - The German company that supplies Zimbabwe with the paper for its hyper-inflated currency has caved to pressure from the German government and stopped doing business with embattled dictator Robert Mugabe. The secretive Bavarian firm, Giesecke & Devrient, had been airlifting tons of special blank bank notes—fortified with watermarks and...

How to Make Millions Off Misfortune
How to Make Millions Off Misfortune
column
Jun 20, 2008 9:15 AM CDT

How to Make Millions Off Misfortune

Put bubble markets to work for you, writes Joel Stein

(Newser) - From tech stocks to real estate, the succession of bubble markets leads Joel Stein to ask himself: How can I exploit other people's bad investment decisions? The Los Angeles Times columnist teams up with a Princeton economist "to figure out where people will idiotically dump their money next."...

Wedding Biz a Pricey Sham
 Wedding Biz
 a Pricey Sham 
OPINION
Jun 15, 2008 5:28 AM CDT

Wedding Biz a Pricey Sham

'Unique' weddings boost prices as marriages disappear

(Newser) - The wedding industry is a bloated, $10 billion sham that presses each bride to "express her essential self," Janice Turner writes in the London Times. Butterflies in boxes? Check. A “lifesized butterscotch-flavored effigy” of the bride? Check. But as odd offerings increase and wedding bills average $40,...

US Money Discriminates Against Blind, Court Rules

Treasury must make changes in paper currency, appellate body says

(Newser) - A federal appellate court agreed today with a lower court’s ruling that the US must change its paper money to accommodate the blind, who are unable to tell the current, single-size bills apart, the Washington Post reports. The court ruled that the bills violate the Federal Rehabilitation Act, rejecting...

Under 35's Break Salary Talk Taboo

Gab helps them navigate workplace and plan nights out

(Newser) - Unlike mom and dad, young Americans are likely to gab about salary with friends, the New York Times reports. To older generations, "it’s very hush-hush," one 22-year-old said. "You don’t talk about money, politics, or religion with friends. But in this generation, it’s important....

Man Finds $140K, Gives It Back
 Man Finds $140K, Gives It Back 
Apr 10, 2008 5:26 PM CDT

Man Finds $140K, Gives It Back

Money troubles don't stop conscience from winning out

(Newser) - When Eli Estrada found $140,000 in unmarked bills sitting in the middle of the road, he thought he was rich. “That’s just your first reaction,” Estrada tells the Los Angeles Times, “but it’s not yours, and you feel nervous… like you did something wrong....

Money Brings Happiness — if You Give it Away

Researchers discover giving makes people happier than receiving

(Newser) - Money can buy happiness after all, the Globe & Mail reports. A new study shows that people reported being happier if they spent money on others rather than themselves. "This work suggests that even making small alterations in how we spend money on a daily basis can make a...

25 Ways to Save in Europe
 25 Ways to Save in Europe 
Mar 19, 2008 12:16 PM CDT

25 Ways to Save in Europe

Don't let the dismal dollar derail your dream vacation

(Newser) - Worried that exchanging your dollars into pounds will leave you with pennies? MSNBC outlines 25 ways to stretch your money in Europe.
  1. Find no-cost entertainment, like free days at museums or public concerts.
  2. Use a credit card or get cash from an ATM for the best exchange rates and lower
...

Island Nation Favors 4-Legged Currency

Vanuatu government encourages trade in shells, tusks, pigs

(Newser) - Vanuatu, a former Anglo-French colony once called the world's happiest country, is de-emphasizing cash in favor of traditional forms of exchange: shells, necklaces, grass mats, and pigs. The Telegraph travels to the South Pacific, where Vanuatu's government decreed a "Year of the Traditional Economy," encouraging citizens to reject...

How to Make Kids $$$$ Savvy
How to Make Kids $$$$ Savvy
Dec 20, 2007 5:06 PM CST

How to Make Kids $$$$ Savvy

12 ways to teach the value of a dollar

(Newser) - It's never too early to get savvy about money. The Journal's Jonathan Clements explains how he's put his teens on the right track.
  1. Delayed gratification: When they spend their own cash, they make better decisions.
  2. Pace yourself: The Clements kids had to make a 3-month allowance last.
  3. Family values: Stories,
...

Best Memoirs About Money
Best Memoirs About Money
Oct 20, 2007 8:07 AM CDT

Best Memoirs About Money

Get the inside scoop on finance from those who live (and lived) it

(Newser) - Some earn money; some write about it. Some do both. CNN Money recommends these six memoirs about money: getting it, managing it, spending it, and not having enough of it:
  1. The Age of Turbulence by Alan Greenspan
  2. Reminiscences of a Stock Operator by Edwin Lefevre
  3. American Sucker by David Denby
...

Don't Break Your Bank Account, Too
Don't Break Your Bank Account, Too
Oct 7, 2007 2:33 PM CDT

Don't Break Your Bank Account, Too

Divorce is never easy, but you don't have to go broke in the process

(Newser) - Don't let emotional pain cloud your judgment on financial matters—you may both end up the poorer for it. Here are five divorce pitfalls to avoid, from USA Today:
  1. Clinging to the house if you can't afford the upkeep.
  2. Not making a clean break on joint accounts.

Millionaire Jr.: How to Teach Your Kids About Money

Lesson 1: It doesn't grow on trees

(Newser) - Give your kids a head start in the real world with these tips from Zen Habits:
  1. Let them control a small portion of your budget, like $50 a month for eating out.
  2. Show them how to save for large purchases.
  3. Teach them to reduce expenses to reach goals faster.

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