WalletPop Wire
Walmart plays around with pricing
Walmart's pricing on soda has been making news lately largely because anything to do with Walmart and pricing makes news. When the largest retailer in the world slashes prices on a household staple, or starts to raise them, then pretty much everyone listens.
Prices of soft drinks have been hovering around $5 for a 24-can pack at Walmart since Memorial Day, when the retailer started getting aggressive with pricing in the category, including Coca Cola and Pepsi products. But according to reports, Walmart has begun raising prices to $6 for the same size soda pack in some markets. Could this be a trend or is it much ado about nothing?
Chrysler, Ford recall SUVs, Jeeps, trucks and vans over safety concerns
The U.S. National Highway Traffic Safety Administration today announced recalls of four models of Chrysler sport utility vehicles and trucks, and of Ford Motor Co. Transit Connect vans.
The Chrysler recall is for a faulty brake tube that could lead to loss of brake fluid and reduced braking, the agency says. The 2010 year models affected are the left-hand drive Jeep Liberty, and the right- and left-hand drive Jeep Wrangler, Dodge Nitro SUV and Dodge Ram 1500 pickup truck --22,118 vehicles in total.
Chrysler's recall is expected to start in August. Consumers may call the automaker at 800-853-7403. Dealerships will replace the brake tubes free.
Ford is recalling 33,728 Transit Connect vans made between Dec. 5, 2008 and May 31 to replace a pushpin that holds the roof liner above the driver's head. Testing found motorists could face increased risk of injury in a crash and government testers failed the vans for not meeting safety requirements for "occupant protection in interior impact."
Ford will notify owners starting July 19 and dealers will repair vans for free. Consumers may call Ford at 866-436-7332; the federal vehicle safety hotline at 888-327-4236; or visit www.safercar.gov.
Neither company has received reports of accidents or injuries in connection with these problems, the International Business Times is reporting.
Just last week Toyota announced a potential recall of some of its Lexus sedan models over faulty valve springs.
Searching for World Cup info? Beware scam results spreading 'scareware'
As the 2010 World Cup reaches its climax this weekend, hundreds of millions of football fans are busy scouring the Web for news on the globe's biggest sporting event -- and cyber-criminals are waiting for them to make one wrong click.
Security experts had been predicting a bonanza for online scammers in the months leading up to the tournament, and they haven't been disappointed.
PandaLabs, the anti-malware laboratory of Panda Security, is warning consumers of search engine manipulation tactics that redirect users surfing for World Cup news and videos toward sites promoting fake anti-virus software. This malicious software, more commonly known as Scareware, fools users into believing their computers have been infected by a virus and tricks them into purchasing useless software to fix the non-existent problem -- often infecting the machine with malware in the process.
Fish tacos create a new wave in restaurant industry
We're hooked on fish tacos -- and it's about time. Native North Americans were wrapping their catch in stone-ground corn tortillas centuries ago, but only now is mass culture gobbling up fish tacos at a rate that is making them one of the restaurant industry's top trends.
Taco Bell, the Mexican fast food stalwart for decades, recently announced it will offer them in stores nationwide next year. But it is behind the curve, according to a story in USA Today. Fish tacos rank 20th among the 200 items sold at the Cheesecake Factory chain. Off-the-charts testing compelled California Pizza Kitchen to include them on the menu. Many other franchises that had little to do with traditional Mexican food are biting as well.
Wendy's upgrading salads, but it will cost you
Wendy's new line of salads is reminiscent of something you'd find in a far more upscale restaurant: lolla rossa lettuce, red and green romaine, spinach, and chard. But all that fancy green is going to cost you, well, some fancy green.
Denny Lynch, a Wendy's spokesman, says these greens and other vegetables, nuts, fruits, cheeses and meats are " ... ingredients salad lovers want to see in their salads," and proudly states, "we felt that if we could raise the bar on salads, we might attract customers that [would otherwise] go into the restaurant cafes and casual dining sector, as well as providing something that our existing customers like, too."
The prices, up about 25% from the chain's existing Garden Sensations line, $5.99 for a salad, wouldn't be out of place in an upscale restaurant, either.
Mission Tuition: using a military stint to make money for college
Anthony Exsted joined the Marine Corps to get a higher education. "I didn't have the discipline to stick with college [right out of high school]," Exsted says. "I figured I'd do that rather than rush into school and drop out my freshman year."
Exsted decided to wait until he returned from his deployment in Djibouti to enroll in classes. He spent a year studying in North Dakota before transferring to the University of Minnesota, Twin Cities. The Marine Corps pays for up to 60% of his tuition, room, board and books. "I took the safest route and waited until I was done with all of my training so I could just go to school and put all of my time and energy into it," he says.
Prospective students scrambling to come up with tuition funds often sign a contract with the military to help pay their freight. The military grants members an opportunity to serve their country and a chance at a higher education, but it comes with drawbacks.
AAA TripTik app doesn't compare to old fashioned paper TripTiks
The AAA TripTik. Nothing quite brings back the memories of a summer road trip like the neatly bound ream of paper from the local AAA office that highlighted the quickest route and important information along the road to a family vacation. AAA still offers these hardcopy TripTiks to members at the local office. But now, even non members can get some of the benefits of the AAA TripTik thanks to the AAA TripTik Mobile app for the iPhone -- but not the most important ones
The free TripTik App works on the iPhone as well as the iPod Touch and the iPad, though the latter two will need to be connected to the Internet for the entire trip to be useful. With the TripTik app you will be able to plan a trip, get directions and find points of interest near your location.
You can choose to display hotels, restaurants, points of interest, gas stations auto shops and campgrounds that are near your current location or along your route. Clicking on one of the locations will provide you with the AAA rating, cost summary and if applicable the AAA Investigator's notes which are all handy when looking for a meal or a place to stay.
'Lemonade' a sweet look at how unemployed move on
The documentary "Lemonade" does something few movies can: Make you cry and smile at the same time.
The 36-minute film about 16 advertising professionals who were laid off but found their calling in life, is a sad recollection of the moments they were told they were losing their jobs. It's heartbreaking to watch them retell the stories of how they were let go by their employers, but then turns full of hope as they discover an opportunity to do something else with their lives. As the movie's tagline says, "It's not a pink slip. It's a blank page."
Watch more free documentaries
Trick yourself into saving more
Dr. Mary Ann Campbell, CFP, has been presenting financial seminars for years. But what makes her programs unique is that she teaches through magic.
"Money can be a serious subject," she says. "I'm no David Copperfield, but I like to lighten it up with illusions, sound effects, cards, burning bills and other visuals to make it enjoyable and at the same time send a message" -- generally one that relates to saving more and spending less.
How? By setting goals, sticking to a strategy, and applying financial "tricks," like these:
Think Large; Then Small
Campbell has her students write down their dreams -- the top 10 things they want to do in this lifetime. "This could be anything from buying a house to traveling the world, to learning a language to retiring at age 50," says Campbell. Next step: setting goals to make these dreams a reality. Campbell asks that goals be S.M.A.R.T. (specific, measurable, attainable, relevant, and timed.).
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PERSONAL FINANCE FROM CNNMONEY
Interest Rates
Type | Current | APR |
---|---|---|
30 yr fixed mtg | 4.62% | 4.78% |
5/1 ARM | 3.71% | 3.55% |
$30K HELOC | 5.09% | 0.00% |
36 month new car loan | 6.34% | 0.00% |
1 yr CD | 1.14% | 1.14% |