President Scraps Plan To Tax College Savings

Posted On January 27, 2015

(Washington, DC) -- The White House is pulling the plug on a plan to tax college savings accounts. The President was trying to do away with tax-free investment accounts for college tuition. The idea was part of a plan aimed at raising taxes on wealthy families while providing more benefits for the working and middle…

New HD-TV Available For The Big Game

Posted On January 27, 2015

(Undated) -- There's no better time to invest in a new flat screen than right before the biggest television event of the year. Shane Kitzman with Best Buy says the best way to trick out your home entertainment system is to pony up for the 4K Ultra High-Definition TV.   Kitzman says the 4K UHD-TV…

Apple Earnings Crush Estimates

Posted On January 27, 2015

(Cupertino, CA) -- Apple is reporting an amazing first quarter, blowing away earnings expectations. Driven by iPhone sales, quarterly profit shot up 38 percent to a record high. The tech giant reported earnings of more than three-dollars a share on revenue of 74-point-six billion dollars. Analysts had expected revenue of around 67-billion dollars. Apple sold…

Stocks Close Sharply Lower

Posted On January 27, 2015

(New York, NY) -- Stocks closed sharply lower Tuesday following disappointing economic news. At one point, the Dow Jones Industrial Average plunged nearly 400 points but closed at 17-387 after a 291-point loss. The biggest drags on the Dow were Microsoft, Caterpillar and Procter & Gamble. The Nasdaq fell 90 points to 46-81 and the S&P…

Super Bowl Spending Averages About $200 Per Party

Posted On January 27, 2015

(Undated) -- Having a few friends over to watch the Super Bowl isn't cheap. RetailMeNot.com senior writer Brian Hoyt has the results of a new poll on spending for the big game.   While the cost of food and beverages can quickly add up, some fans will also spring for a new flatscreen TV before…