Author Archives: joy mitra

Retirees Aren’t Worried About Income, But Debt and Overspending Have Them Down

NEW YORK (MainStreet) — Retirees are fretting over money issues in retirement – no surprise there, right? But the issues they’re worried about may not be what you think. That’s the big takeaway from a new Merrill Edge survey, which states that the chief reasons for financial anxiety in retirement may not be  guaranteeing adequate income; instead, the root of ... Read More »

Judge won’t intervene in Kelly Rutherford’s custody dispute

LOS ANGELES (AP) — A Los Angeles judge ruled Thursday that he does not have the authority to make new custody orders in Kelly Rutherford’s international custody battle because the actress now lives in New York. Superior Court Judge Mark Juhas ruled Thursday that the “Melrose Place” and “Gossip Girl” star does not have strong enough ties to Los Angeles ... Read More »

Small Business Loan Program Suspends New Lending

The Small Business Administration’s flagship loan program suspended new lending after hitting the cap Thursday on its annual financing authority. New loan requests under the 7(a) loan-guarantee program, by far the SBA’s most popular lending initiative, are still being accepted for review, but the agency won’t be able to guarantee new loans until Congress raises its borrowing cap. The agency ... Read More »

Weekly Money: The personal finance stories you might have missed 20 to 24 July

This week: energy firms owe us; payday loan warnings; scammers’ sucker list; free energy from NPower; overdraft fees soar; why you should holiday in Wales; jury service woes 24 July The energy firms now owe us more than £1.1bn. Not all of us, however. Only about half of British homes are owed money, which is on average £93, according to ... Read More »

Amazon’s stunning profit may be short-lived

Amazon.com Inc.’s unexpected quarterly profit — driven by better-than-expected sales, better results in cloud computing and more efficiencies in product fulfillment — could be short-lived. Wall Street was stunned on Thursday when Amazon reported an unexpected profit of 19 cents a share; analysts had been looking for a net loss of 13 cents. Revenue was far higher than projected for ... Read More »

S&P warns on parliament gridlock

  Australia’s AAA credit rating remains under threat from continued parliamentary gridlock, ratings agency Standard & Poor’s has warned, despite maintaining the rating with a stable outlook. S&P today affirmed the credit rating, noting the country’s wealthy, resilient economy, strong institutional settings and monetary and fiscal policy flexibility, but said that it could lower the ratings if Australia’s budgetary performance did not improve broadly as it currently ... Read More »

N.C. Senate hears support from both sides for new gun rules

RALEIGH (AP) — A North Carolina gun-control bill that prompted testy exchanges and a back-and-forth of amendments in the House is moving through the Senate with support from supporters on both sides of the issue. A committee agreed Thursday to send the bill to the full Senate after hearing from representatives of the National Rifle Association and gun-control groups who ... Read More »

Laws passed, Greece to open bailout talks as recession pushes goals further

Greece’s creditors prepared on Thursday for the start of bailout talks in Athens, after lawmakers adopted a second package of reform measures before dawn despite a left wing rebellion that may bring early elections. In a sign of how the goal of coming to grips with the country’s debt is swiftly sliding even further away, Greece’s most influential think tank ... Read More »

Wild night at Eldora Speedway

The truck race Wednesday night at the Eldora Speedway dirt track might’ve been the best NASCAR event of the entire season. But it also demonstrated why such a race will likely never be part of the Sprint Cup schedule. The race was dominated by a couple of youngsters who grew up on dirt, Christopher Bell and Bobby Pierce. Bell won ... Read More »

Splendor App Review: From the Table to the Pocket Computer

Splendor is one of the best and most popular new Eurogames released in the last two years, a highly accessible game whose elegant rules mask layers of complexity in ways to play and win (or lose). It was a natural for an adaptation as an app for tablets, but the designers ofSplendor did something particularly sharp: They partnered with Days ... Read More »