Money

El Pollo Loco’s Crazy Freshman Year as a Public Company

Filed under: Company News, Earnings, Restaurants, IPOs John Crowe/Alamy One of the more volatile initial public offerings over the past year just keeps on clucking. Shares of El Pollo Loco (LOCO) moved sharply higher on Friday morning after posting better-than-expected quarterly results. Revenue clocked in at $ 90 million, 18 percent ahead of the prior year’s fourth quarter. There was ...

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Market Wrap: Cheaper Oil, Stronger Dollar Hurt Wall Street

Filed under: Market News Gerald Herbert/AP By Ken Sweet The stock market was hit hard Friday, capping a third week of declines, as investors reacted to a steep drop in oil prices and a jump in the value of the dollar. Utilities, major exporters and companies that make basic materials like steel had the biggest declines. The sell-off came at ...

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Fun for Less: 19 Strategies for Saving on Entertainment

Filed under: Fantastic Freebies, How to Save Money, Music & Entertainment, Saving By Marilyn Lewis When you’re on a budget, whittling spending on non-essentials matters. But so does the quality of your life. To get a gauge of your own spending, consider that American households (of all sizes) spent an average of $ 2,625 on food outside home in 2013, ...

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Stadium Names: The Costly, the Abandoned and the Weird

Filed under: Company News, Sports, College, Sports & Recreation Tim Dahl/Alamy MoneyTips To those of us of a certain age, naming rights just don’t matter. The football stadium in Denver will always be Mile High Stadium. The iconic former baseball field in San Francisco will always be Candlestick Park. The baseball stadium in Boston will always be Fenway Park. Unfortunately, ...

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How to Keep Your Estate Planning a Tax-Free Proposition

Filed under: Taxes, Estate Planning, Estate Tax, Income Tax Blend Images/Alamy By Jason Notte While considering your estate planning for future generations, forget this year’s tax levy and think of the one your beneficiaries will pay years from now. Taxes can turn an inheritance into a burden for beneficiaries. The federal estate tax exemption sits at $ 5.43 million for ...

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Why We Return to Those Big Banks That Burned Us

Filed under: JP Morgan Chase, Bank of America, Citigroup, Banking, Wells Fargo Matt Rourke/AP By Brian O’Connell The reputations of America’s biggest banks hit all-time lows a few years ago, sending customers off to smaller institutions, credit unions and online-only experimenting. Why are those customers headed back to the giants? Emily Veach, a community and media relations manager at New ...

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Have You Heard? Brands Sneak Messages Into Your Music

Filed under: Advertising & Marketing, Music & Entertainment Brian Ach/Invision for Advertising Week/APAfter the 2002 Busta Rhymes hit single “Pass the Courvoisier,” sales of the cognac jumped. By Karla Bowden We’re used to seeing products and brands overtly pitched to us via TV, Internet and billboards. But it is also increasingly common to hear them pitched via music, whether we ...

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Retail Sales Unexpectedly Drop for Third Straight Month

Filed under: Retail, Shopping, Economic Indicators, GDP, This Built America Luke Sharrett/Bloomberg via Getty Images By Lucia Mutikani WASHINGTON — U.S. retail sales unexpectedly fell for a third straight month in February as harsh weather kept consumers from auto showrooms and shopping malls, tempering the outlook for first-quarter growth and a June interest rate increase. Even accounting for the snowy ...

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FEMA to Review Every Sandy Flood Claim

Filed under: Insurance, Family Money, Personal Finance, U.S. Government, Homeowners Insurance Wayne Parry/APIn this 2014 photo, heavy machinery tears at the roof of a house in Sayreville N.J. that was damaged by Superstorm Sandy. TRENTON, N.J. — Federal Emergency Management Agency officials have agreed to reopen and review every flood insurance claim filed by Superstorm Sandy victims. The review will ...

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Lumber Liquidators Says Products Safe, Offers Free Tests

Filed under: Retail, Consumer Goods, Scandals and Lawsuits, Consumer Protection, Home & Garden Daniel Acker/Bloomberg via Getty Images By Ankit Ajmera Lumber Liquidators (LL), facing U.S. government probes over claims of dangerous levels of a cancer-causing substance in its flooring products, stood by the safety of its products and said it would offer free indoor air quality testing for qualifying ...

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