Money Matters - Simplified

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US House, Senate approve 2010 budget outline

Washington, April 3 -- US lawmakers Thursday approved a $3.5-trillion budget outline for 2010 that closely mirrors President Barack Obama's priorities for the country.

The vote in the House of Representatives was 233-196, largely along party lines, and came after weeks of polarising debate that exposed deep differences between majority Democrats and opposition Republicans over how to resuscitate the US economy.

The Senate voted 55 to 43 on a slightly different version of the 2010 budget proposal, which will require lawmakers from both chambers to forge a compromise in the coming weeks.

Senate majority leader Harry Reid said that the "responsible" budget "will start cleaning up the mistakes of the past and make critical investments in our future".

Snow makes retail sales slide in February

London, March 10: Heavy snow played spoilsport as British retailers saw sales plunge again in February. The fall in sales was also attributed to cessation of the enormous discounts and freebies offered to the customers during the New Year period. All in all, the probable consumers remained jammed indoors.

Warren Buffett Goes Shopping

If you can't beat 'em, join 'em.

It's not surprising that mimicking Warren Buffett's moves over the years would leave you well ahead of the pack. That's why it's great news that as an elephant-sized investment vehicle, Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) is required to periodically report some of its investments.

6 Ways to Save on Groceries


If you're not moved much by the effort-to-payoff ratio of comparison shopping and coupon clipping (guilty!), this article is for you. Put down your scissors and recycle those Sunday circulars. Don't even bother fiddling with the calculator on your cell phone while you're navigating the supermarket aisles. That's right, with minimal-to-no pre-shopping preparation even sloths like me can save money on groceries.

5 Great Gifts That Keep on Giving


For a myriad of gift-giving occasions -- weddings, graduations, births, "29 again" birthdays -- a check is always appreciated. But if you want your money to have a lasting impact, there are a whole host of options you may not have considered. Here are a few ideas for presents that will continue to reward their recipients long into the future.

Foolish Book Review: "Biography of the Dollar"


Even the most casual observer of the financial scene knows by now that the good old U.S. greenback has been on about a six-year slide versus many of the world's other currencies. But what causes a currency to move up or down? Is a decline always a bad thing? Does the dollar's slide matter as much to the rest of the world as it does to us? And can the market thrive with the dollar in full retreat?

Contrarian Shopping List

"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." -- Warren Buffett

Of all of the Oracle of Omaha's orations, this one holds a special place in Foolish investors' hearts. When you're looking to bag a bargain, a panicked sell-off by jittery investors offers you a great chance to snap up stocks on the cheap.

Contrarian Shopping List


"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

I'm Beating the Credit Crunch

By Colleen Paulson:

 

Now, don't get jealous when I tell you that Citigroup (NYSE: C) recently decided to "upgrade" my credit card. Yep, I'm moving up, turning in my platinum card for a shiny new World MasterCard. And get this: There's no real credit limit. Woo hoo!

In-Store Pickup Guarantees

I knew that many bricks-and-mortar stores with online storefronts let you order online and then pick up your merchandise at your local store -- saving yourself the wait for mail delivery. Sounds good to me. But since I hadn't yet taken advantage of this option, I didn't realize that many such stores offer service guarantees -- until I read about them at consumerist.com.