password
username
Sponsored by CakeMail, an email marketing software.
Newsletter preview





Aug. 17, 2007


TOMORROW'S INSIGHTS TODAY

Sales tax holiday isn't celebrated by all


JIM MAHONEY / DMN
JIM MAHONEY / DMN
Erica Alexander (left), 16, and Jazzay Jabbar, 17, had their arms full Friday at Macy's in the Galleria.
By MARIA HALKIAS / The Dallas Morning News

Savings from not paying 8.25 percent on most clothing, shoes and backpacks priced under $100 this weekend may help pay for an additional shirt or pair of jeans for some families. For others it's really chump change.

But in reality, it means less revenue for the state and no additional business for retailers.

Those foregone tax dollars may be why a neighborhood library closes early two days a week, or elderly can't get assistance from a state agency in business to help them, consumer advocates say.

And the frenzied buying stimulated by the tax-free holiday causes credit card debt to balloon.

Tax-free shopping may have a lot of whoopla associated with it, but that doesn't mean it doesn't have its critics.

Read more in tomorrow's Dallas Morning News or online at dallasnews.com/business


TODAY'S HEADLINES
MARKET CLOSE

Stocks surge after Fed cuts discount rate

Quote:

EDITOR'S NOTE

We're updating our Biz Insight newsletter to deliver your news faster. Starting next week, we're moving up the delivery time from 4:30 p.m. to 11:30 a.m. so that you can stay on top of the biggest business stories of the day. You'll also get the latest headlines and a sneak peak at the next day's business section.

Privacy Policy

MARKET WATCH

Visit DallasNews.com/stocks for a snapshot of the state's most active stocks.

MONDAY'S INSIGHTS TODAY: Pamela Yip

Teens have much to learn about money

If you read the latest survey on how well teens are learning about managing their money, it's clear they still have a ways to go.

The results of the eighth annual poll on Teens and Personal Finance by Junior Achievement Worldwide found that many teens are already developing some financial bad habits.

"Many teens seem to be taking advantage of parental responsibility for minors' debts by not bothering to learn how to manage their credit card's monthly payments," according to the JA Worldwide/Allstate Foundation poll, which was conducted among 1,512 teens last October and November.

That's right, managing their credit card payments.


Read more in Monday's Dallas Morning News or at dallasnews.com/business.


Biz Insight was sent to you on behalf of DallasNews.com. It is available to our newsletter subscribers.
• If you received this newsletter from a friend, we welcome you to become a member and sign up for this and other e-mail newsletters at: http://www.dallasnews.com/newsletters/index.jsp.
• If you wish to *** from this or other e-mail newsletters, please click here, or send an e-mail request to helpcenter@belointeractive.com, or send your request referencing the specific newsletter to: Opt-out Request, Belo Interactive, 900 Jackson St., Suite 400, Dallas, TX 75202.