Clark Howard talks layoffs, wage cuts, mobile DTV and CD’s
Some interesting articles from Clark Howard’s website:
Schools continue taking kickbacks from banks
Following up on a long-running story, The New York Times recently reported some of the giant monster mega banks have been paying massive kickbacks to universities and alumni groups for the right to push debt to students. Read the full story.
Are layoffs or wage cuts better for worker morale?
When times are tough for businesses, the economic theory of “wage stickiness” holds that it is better to lay some workers off and preserve the wages of those who remain vs. cutting everyone’s wages to ensure there are no layoffs. Read the full story.
Mobile DTV coming to a handheld device near you
Local TV will be coming to a range of handheld portable devices for free in dozens of markets over the next several months, according to The Chicago Tribune. Read the full story.
CDs now offering better rates than money-market accounts
Clark has historically loved money-market accounts and recommended them to listeners as a great choice for savers. But right now, unusual market conditions mean that he’s about to go down a different path with his advice. Read the full story.
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Tags: cds, kickbacks, layoffs, mobile dtv, money markets, universities, wage cuts
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