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Small Business Loan Program Rewards You For Hiring

Chase just launched a pretty innovative small business lending program.  Basically, they are offering to lower interest rates on loans or credit lines to qualified small businesses by as much as 2%, a half a percent for each employee you hire after you’ve secured the loan (up to 3 employees).  You’ll certainly need to meet [...]

5 Resources to Help You Figure Out How the Health Care Reform Bill Affects You

That’s the hottest topic in the press right now.  Here are 5 resources to help you understand how the bill’s passage affects you. The Washington Post’s interactive questionnaire allows you to enter a bit of info about yourself and your income and then tells you what you can expect in terms of healthcare costs, tax [...]

Poll: Should Executive Pay Be Capped?

Recent reports of billions of dollars being doled out to execs at bailed-out companies, have caused outrage among many unemployed and struggling workers.  In response, the White House’s pay czar Kenneth Feinberg slashed the pay of the 25 highest-paid execs at seven banks and automakers–AIG, Bank of America, Citigroup, GM, Chrysler, Chrysler Financial, and GMAC.  [...]

MBA Does Not Equal Big Pay

Businessweek teamed up with PayScale.com to get to the bottom of the popular urban myth belief that “MBAs earn the big bucks”.  Businessweek’s interest was peaked by the growth in b-school apps, and the fact that most MBA programs lure prospective students with impressive salary stats, i.e. “average salary of Private U. grads: $100,000″.  Most, [...]

Colleges Offer Free/Discounted Tuition to Unemployed

Colleges throughout the country have stepped up to offer free or discounted tuition to laid-off workers.  The programs are designed to help workers prepare for in-demand careers when the job market thaws. State College Financial Aid Illinois Oakton Community College Waives tuition for up to 12 credit hours of courses in five in-demand careers Kentucky [...]

Unemployment Benefits May Be Extended

Rep. Jim McDermott, D-Wash, introduced a bill today to provide 13 weeks of extended unemployment benefits for more than 300,000 jobless people who live in states with unemployment rates of at least 8.5 percent and who are scheduled to run out of benefits by the end of September.  If the bill passes, unemployed people in [...]

Good News: Layoffs Down, Americans’ Wealth Up

The latest unemployment numbers show the number of newly laid-off workers unexpectedly dropped by 12,000 to end last week at 545,000 claims.  Analysts expected claims to rise by 5,000, but instead, we got third decline of the past four weeks and the lowest level of claims since early July.  California had the largest drop in [...]

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