Over 2.2 million workers make minimum wage or less, which is currently set at a Federal rate of $7.25 per hour.Read More »
U.S. telecom behemoth AT&T Inc.’s T DirecTV deceptive advertising lawsuit filed by the Federal Trade Commission (FTC) in Mar 2015, is currently on trial in the federal court. The trial became functional from this Monday with opening arguments in U.S. District Court in Oakland, CA, and is scheduled to last 20 days. FTC lawyer Jacob A. Snow clearly pointed out that 33 consumers were deceived by the company during the span of 2007-2015. As a result of sign-ups and deceptive practices, DirecTV is estimated to have made $3.95 billion.
(An Etihad Airbus A380.Etihad) Etihad Aviation Group holds equity stakes in seven airlines. Two of them, Air Berlin and Alitalia, are now bankrupt. The CEO behind the strategy has left Etihad. But some investments have paid off. Etihad's grand plan
Dear Moneyologist, I became ill suddenly and had to retire at 62. When I was divorced at 45 I had nothing. I re-grouped, saved, saved and saved, put two children through college and rose through the ranks at work. When I retired, I had two years of expenses in an emergency fund (it is still there), zero credit-card debt and have lived very frugally on my small pension and Social Security Insurance since then. When I was making six figures at work, I took out credit cards to get miles, rewards etc. I have quite a few. Because I am not using them, I am getting annual fees (I have about 10). I want to cancel these accounts because I’m wasting $1,000 a year in credit cards fees, which is sinful to