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    Politicians, Car Salesmen Get No Respect

    Politicians, Car Salesmen Get No Respect
    People in the United States, the United Kingdom and Canada don't have much respect for politicians and care salesman, a survey indicated. In all three countries, the professions of politician and car salesman command respect from 31 percent or fewer residents, the poll by Angus Reid Strategies of San Francisco found. The profession that commands the most respect in all three ...
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    Auto Sales Up, Thanks to Clunkers

    Auto Sales Up, Thanks to Clunkers
    The auto industry got a recession respite in August, thanks to the sales boost from the federal cash-for-clunkers rebate program. In August, auto industry sales: *Topped a million - a level for years considered routine - for the first time in 12 months, coming in at 1.3 million. *Were 1% higher than August 2008, the first year-over-year monthly rise since October ...
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    Alleged Scam Eluded Oversight for a Decade

    Alleged Scam Eluded Oversight for a Decade
    For 10 years, a Saddle River man ran a hedge fund that prosecutors claim was actually a Ponzi scheme. For 10 years, no regulators stopped the alleged fraud. And for 10 years, investors kept feeding the fund their hard-earned money. The FBI and Securities and Exchange Commission stopped the alleged scam in late February, weeks after Westgate Capital Management LLC's checks ...
    Rated: +1
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    Sale of Big-Ticket Items Soar, Bolstering Economy

    Sale of Big-Ticket Items Soar, Bolstering Economy
    Consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years. The sales, detailed in two government reports Wednesday, confirmed a subtle but marked shift in confidence about the economy. New home sales jumped almost 10 percent from June, while orders for long-lasting goods like appliances, planes and ...
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    Stores Like Tax Holidays; Tax Experts Pan Them

    Stores Like Tax Holidays; Tax Experts Pan Them
    As Vermont gears up for a sales tax holiday, some national groups aren't sharing in the enthusiasm. Stores are calling in extra staff and planning to stay open later for Saturday's break from sales taxes. But critics have concluded such holidays don't do much to boost the economy and hurt state revenues. Vermont's sales tax holidays are expected to set state ...
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    Underwear Sales Foretell Economic Trends?

    Underwear Sales Foretell Economic Trends?
    Conventional measures of the U.S. recession may be no more accurate than the underwear index, which charts sales of men's underwear, a consumer researcher said. The theory suggests that sales of men's underwear are stable - as are sales of other necessities - but during financial downturns sales drop off. "It's a prolonged purchase," Marshal Cohen, senior analyst with the consumer ...
    Rated: +2
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    Latest Home Sales Report Sizzles

    Latest Home Sales Report Sizzles
    New home sales rose nearly 10% in July, according to a government report Wednesday that bolstered signs of an improving housing market. Sales of new homes climbed to a seasonally adjusted annual rate of 433,000, the highest pace since last September, the government said. That was a 9.6% increase over the revised rate for June - better than industry analysts had ...
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    Ford Exec Sees US Auto Sales Rising In August

    Ford Exec Sees US Auto Sales Rising In August
    A top Ford executive says Cash for Clunkers helped spur the first industrywide increase in auto sales in more than two years this month, the latest sign of recovery in the hobbled auto industry. Mark Fields, Ford's president of the Americas, says annualized industry sales may have hit 13 million in August. He says Ford has already surpassed August sales last ...
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    Off to Work with a Car Salesman

    Off to Work with a Car Salesman
    You have to be a bit of a psychologist to persuade people to part with thousands of dollars for transportation, but that's what vehicle salespeople do every day - regardless of the economy. They do it at hot asphalt lots, they always have to smile and they have to know their product. But Howard Reid, whose sales territory happens to be ...
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    Grandma Busts Up Ponzi Scheme

    Grandma Busts Up Ponzi Scheme
    A $3.7 million scam, 20 years in the making. Dozens of society's most vulnerable victims. An avalanche of federal, state and private investigations. Indictments that could land a Rock Hill man in prison for the rest of his life. None of it would have come to light were it not for a 70- something great-grandmother who smelled a rat. We don't ...
    Rated: +1
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    20 Career Lessons from Celebrities

    Celebrities. We love to hate them. We also love to watch their every move, laugh at their mistakes and scrutinize their decisions. Like them or not, their celebrity status means not only have they achieved career success, they’ve also got a hell of a lot to lose. And sometimes, whatever actions have helped catapult them to fame or rendered them ...
    Rated: +2
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    10 Worst Time Wasters at Work

    Time flies when you're wasting it These days, no one can afford to waste time at work. Thanks to widespread downsizing, workloads are piling up. Unfortunately, extra hours in the day are not. Maximizing your time at work can mean the difference between leaving at a reasonable hour (i.e. holding onto your sanity) and staying late unnecessarily. You’ve got a ...
    Rated: +2
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    A Sales Pitch for Stricter Laws Against Door-to-Door Sales

    A Sales Pitch for Stricter Laws Against Door-to-Door Sales
    When the warm weather hits, so do they. A young lady selling magazine subscriptions knocked at Lisa Lund's door last summer. She was friendly, compelling. Her pitch was personal. "She said they were making money to help put themselves through school, to get a better job and support their family," the Olathe, Kan., woman said. Lund handed over a $75 check ...
    Rated: +2
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    Court Rejects Salesman's Ethics Case

    Court Rejects Salesman's Ethics Case
    A manager at an Oregon car dealership said he was fired because he insisted on being an honest salesman. The state supreme court disagreed Thursday. Kevin Lamson argued he was wrongfully discharged from Crater Lake Motors in Medford after he told his bosses he wanted no part of a sales campaign that he believed included deceptive ads and sales practices. Lamson ...
    Rated: -2
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    California Woman Avoids Potential Real Estate Scam With Tacoma Broker

    California Woman Avoids Potential Real Estate Scam With Tacoma Broker
    Sometimes consumers do the right thing when confronted by a potential scam. Sometimes they even call The News Tribune. Take Jeanette McKenna, who happens to be an archaeologist living in Southern California. She's got a timeshare unit up for sale and recently received a cold-call from a Tacoma broker. She said he wanted the listing and he wanted McKenna to open ...
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    Wall Street Sees Shoppers As Key To Rally's Future

    Wall Street Sees Shoppers As Key To Rally's Future
    On Wall Street, the average shopper can trump a Federal Reserve policy maker. With other parts of the economy showing signs of improvement, the question of when a recovery will occur and how strong it will be lies with consumers. So reports last week showing weaker-than-expected retail sales and flagging consumer confidence overshadowed an upbeat view of the economy from the ...
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    It's Slack to School - Retail Outlook Worsens for Crucial Shopping Season

    It's Slack to School - Retail Outlook Worsens for Crucial Shopping Season
    The outlook for the crucial back-to-school season got cloudier for retailers, as industry stalwarts J.C.Penney and Abercrombie & Fitch suffered plunging sales and profits. Abercrombie CEO Mike Jeffries said yesterday that shoppers' growing obsession with bargains is "clearly a headwind for our premium brands." As such, the chain will continue to trim the stratospheric prices on its jeans and polo shirts. ...
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    Publishers Like the Look of E-Book Profits

    Publishers Like the Look of E-Book Profits
    Figuring that a book is a book, whether you turn the pages or scroll through them, Minnesota publishers are scrambling to get their share of the growing market for electronic books downloaded from the Internet. Some publishers say their future is tied to the e-books now being sold through amazon.com and Sony's online eBook Store, and read on one of two ...
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    Consignment Sale Secrets

    Consignment Sale Secrets
    Now that my daughter is 2, I'm finding my closets are bloated and my floors overrun with toys. In researching options to make some room without losing my shirt on what I've paid out, I've found the local consignment sales are a good option. I get 65 percent of my selling price, and first dibs at shopping at the sales themselves. ...
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    Bleak Sales Are Another Reality Check for Economy

    Bleak Sales Are Another Reality Check for Economy
    A bleak report on retail sales Thursday reinforced a nagging worry of economists: Shoppers won't spend enough to help a recovery take hold. The figures served as a reality check for an economy that lately has appeared poised to emerge from recession. Consumer spending powers about 70 percent of economic activity. The Cash for Clunkers rebate program helped give auto sales ...