VideoI know states have a legitimate need for revenue, but squeezing pennies out of little kids buying their first books is really taking it too far. That's what the Connecticut Department of Revenue will be doing thanks to this recent decision by the Sup reme Court of Connecticut: SCHOLASTIC BOOK CLUBS, [...]

see photosClick for full photo gallery: The IPO Class Of 2012 A few weeks ago, a Consumerism Commentary reader asked me on Facebook whether it would be a good idea to purchase shares of Facebook at $48 a piece. I do not give stock buying advice, but I ment ioned that shares [...]

The easier the method of payment, the more consumers tend to spend. Research has shown that consumers spend more when paying with credit cards than they do with cash. Now a study released by MasterCard shows that consumers may spend up to 30 percent more w ith the new contactless payment methods [...]

see photosClick for full photo gallery: 22 Stocks Good Enough For Buffett And Lynch Investing is not all that different from choosing a spouse. At some point in every man’s life, he has to make a choice. Does he go for the alluring but volatile young vixen who will ultimately put him in an [...]

see photosForbes ImagesClick for full photo gallery: When Is It Time To Fire Your Financial Advisor? Switzerland will always have a special place in the hearts of doom mongers. For decades its franc has been the “go to” safe haven currency when the world g ot dicey. The meticulous Swiss gnomes have [...]

Executive V.P. Howard Schloss claims Forbes contributor was "gratuitous and inaccurate" in describing FINRA board member's disciplinary case.

(Photo credit: Wikipedia) Visa Profit Rises 30 percent as Card Use Rises Visa’s profit for the first quarter of 2012 was up 30 percent from the year before, mainly due to credit card use rising in the United States and overseas. Visa said American consume rs charged 12 percent more on their credit [...]

Visa and MasterCard credit card logos are seen in a store window in Washington on March 30, 2012.(Image credit: AFP/Getty Images via @daylife) Credit card rivals MasterCard (NYSE:MA) and Visa (NYSE:V) released earnings on Wednesday, and both knocked the b all out of the park. We’ll start with MasterCard. This smaller of the two rivals enjoyed earnings [...]

Image credit: AFP/Getty Images via @daylife No one likes organizing records. If you just finished your tax return filings the last thing you want to do is look at them again. But now is the perfect time and it pays dividends. Here’s why. If you’ve ever tr ied to tell the IRS “I [...]

see photosNick M. Do/IstockphotoClick for full photo gallery: 6 Ways To Tap Your 401(k) In Hard Times The fixed interest rates on most CDs offer customers stability of both principal and interest for a specified period of time. But ironically, it is this s ame stability that can make CDs [...]