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(Photo by Brendan Smialowski/Getty Images)
(Photo by Brendan Smialowski/Getty Images)
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Recession Looms Large As Black Friday Approaches

Every year retailers ramp up the sales and hope to get into the black (hence the name) on the day after Thanksgiving.  Either we are or are not in a recession, depending on who's information you wish to trust

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CBS News
CBS News
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Givers Are Now the Needy as America’s ‘New Poor’ Head to Food Banks [VIDEO]

Along with lost jobs and the housing market crash, America’s economic woes have taken another toll: one in six people — 49 million in all — are having trouble keeping food on the table, especially in Forsyth County. Although this Atlanta suburb’s average household income reaches $88,000, one of the highest in the US, their food banks have never been busier feeding the needy.

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ABC News
ABC News
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Airline Forces Passengers to Pay $31,500 for Fuel — Or Be Stranded [VIDEO]

Flying the friendly skies is one thing. Being forced to pony up the cash to do it while en route is something else entirely.

But that’s what happened on a flight operated by Austria-based carrier Comtel earlier this week.

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Category: Business, National News Tags: ,
Scott Olson, Getty Images
Scott Olson, Getty Images
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American Eagle Airlines Fined a Whopping $900,000 for Keeping Passengers Stuck on Tarmac

A Department of Transportation rule implemented in April 2010 prohibits airlines from keeping passengers sitting on a tarmac for more than three hours — a rule it says an American Airlines affiliate has since violated so frequently that it’s now been slapped with a $900,000 fine, the first such fine handed down since the edict took effect.

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Paramount Pictures / The Pollen, Flickr / Twisted Pictures
Paramount Pictures / The Pollen, Flickr / Twisted Pictures
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Can ‘Paranormal Activity’ and ‘Saw’ Mess With Your Finances?

While watching horror movies might seem like harmless fun, it could end up costing you more than the price of a ticket or a rental, say researchers.

A study to come out of the University of California, Berkeley found that scary movies can affect our financial decisions. Participants were split into two groups, one given horror films to watch and the other historical documentaries. Afterward, both groups participated in stock market simulations.

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Mario Tama, Getty Images
Mario Tama, Getty Images
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Starbucks Scared Into Dropping $1.50 Bean Fee After a Massachusetts Fine

Starbucks discontinued its $1.50 surcharge for bags of beans weighing less than a pound nationwide, after the Massachusetts Office of Consumer Affairs and Business Regulation fined them for it.

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Cisco
Cisco
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Cisco Survey Reveals Many Young Job Seekers Value Social Media Over Money [INFOGRAPHIC]

Shakespeare once wrote, “All that glitters is not gold,” and when it comes to young job seekers, he was spot-on.

Cisco’s recent survey of 2,800 college students and recently employed graduates found that while a competitive salary is important, many respondents said a company’s social media policy matters even more. In fact, 56 percent overall said they wouldn’t work for a company that bans social media usage.

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Category: Business, Economy Tags:
Adam Rountree, Getty Images
Adam Rountree, Getty Images
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Wall Street Bonuses Slated to Decline in 2011

In news that will likely make all those Occupy Wall Street protestors cheer, New York compensation consulting firm Johnson Associates projects the average Wall Street bonus will decline by 20 percent to 30 percent this year.

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