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Dollars and Sense

Dollars and Sense

overdraft on bank statement
Semicolon-stop, Flickr
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‘Insufficient Funds’ for You, Big Business for Your Bank — Dollars and Sense

Consumer error appears to be greatly benefiting the financial industry, as a new banking report finds that charges to checking accounts caused by insufficient funds generated $31.5 billion last year. That is up from $30.8 million the year before, marking roughly an overall 2 percent increase.

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Category: Business Tags:
1943 Lincoln Penny
Dmnshnlz1, Flickr
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1943 Penny Sells for $1 Million — Dollars and Sense

How much is a penny really worth these days? Well, if it happens to be a 1943 Lincoln, it is likely worth a pretty penny, as one has reportedly just sold for $1 million.

Experts say the reason this rare coin is so valuable is because back when it was manufactured at the San Francisco Mint, it was mistakenly produced with bronze rather than the typical zinc-coated steel that the majority of the currency is made with.

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Discover
Breakingbusiness, Flickr
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Discover Misleads Cardholders, Will Issue $200 Million Refund — Dollars and Sense

Do you have a Discover card? If so, you can expect to receive a refund.

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Category: Business Tags:
JetBlue
Allison Joyce, Getty Images
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JetBlue to Make Flying Better By Offering Free Wi-Fi — Dollars and Sense

Frequent flyers who are sick to death of having to pay additional fees just so they can use the Internet might want to consider booking flights aboard JetBlue Airways next year.

That’s because starting in 2013, the budget-friendly airline plans to provide free in-flight Wi-Fi for its passengers.

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Made in the USA
Tom Bihn, Flickr
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Do You Look for the Made in the USA Label When You Buy? Everyone Else Does — Dollars and Sense

You might not think anyone is paying much attention to that “Made in the USA” tag found on product packaging all over the country, but new research suggests that you would be dead wrong. In fact, more than ever before, Americans are using the popular label to guide their purchasing decisions.

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Banking
Thinkstock
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You Won’t Believe How Many Families Do Not Have a Bank Account — Dollars and Sense [POLL]

It might seem almost impossible to operate in today’s economic world without the use of a bank account, but a new survey suggests that many Americans are actually doing it, opting to finance their daily lives with quick cash services and prepaid credit cards.

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Category: Lifestyle Tags:
J.C. Penney
Scott Olson, Getty Images
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JCPenney Announces Free Haircuts for Kids — Dollars and Sense

JCPenney hopes to scalp the competition while contributing to a society of cleaner cut children with the company recently announcing plans to offer another round of free haircuts for children.

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Category: Business Tags:
Study Shows that Most Workers Don't Expect Holiday Bonus
Lisa Maree Williams, Getty Images
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Study Shows Most Workers Don’t Expect Any Holiday Bonus — Dollars and Sense

Listen up employers. According to a new study, most workers would be happy with virtually any amount as a holiday bonus, even a measly $25.

That's most likely because the majority don't expect to get anything at all.

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