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CNBC Bonus Bucks Trivia Answers
CNBC Million Dollar Portfolio Challenge
The Call
What slang word for liquor appears in Darren Rovell's blog post on the invention of Gatorade?
Answer: firewater
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Squawk on the Street
Question: What disaster did Jim Paulsen of Wells Capital Management say "we've created" this week?
Answer: TARP crisis No. 2
New data released today by the U.S. Department of Transportation show that, since last November, Americans have driven 53.2 billion miles less than they did over the same period a year earlier – topping the 1970s' total decline of 49.3 billion miles. Americans drove 4.7 percent less, or 12.2 billion miles fewer, in June 2008 than June 2007.
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Stock traders are talking up the Hindenburg Omen. Is the Hindenburg Omen forecasting a stock market crash? |
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More 70-year-olds are having good sex more often, Swedish researchers said on Tuesday in a finding bound to bring a smile to many an aging baby boomer.
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File this under food for thought.
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House rank and file Republicans are tens of
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On Monday night, Oprah and Eckhart Tolle, author of “A New Earth,” hit cyberspace in a heavily promoted event intended to help fans transcend their egos and reach new states of spiritual happiness. Cyberspace hit back: More than 500,000 people tried to watch the Webcast, overwhelming the equipment that runs Oprah’s site. Viewers’ screens froze; some saw a message explaining the site was experiencing technical difficulties. Oprah’s production company put out a press release calling the Webcast “one of the largest single online events in the history of the Internet” and apologizing for not being prepared. |
Q: My mother just went into an assisted living facility due to Alzheimer's. It costs over $4500 per month. Are any portion of these expenses tax deductible? Answer from AICPA member Kenneth J. Strauss: Sorry about your mother but the good news is that the entire $4,500 is fully tax deductible as a medical expense.
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In Texas and Ohio, where the latest polls suggest close races between Sen. Barack Obama and Sen. Hillary Clinton today, 334 pledged delegates are at stake. But by the reckoning of some political analysts, voters selecting 142 of these delegates are rendered irrelevant by the Democrats’ primary rules, because they’re likely to be split down the middle among the two candidates. That’s because these delegates will come from the 19 districts in Texas and the 12 in Ohio that have an even number of delegates up for grabs. Slate’s Christopher Beam wrote to California Democrats before their primary that “there’s a good chance your district won’t count.” Adds Michael Barone, in U.S. News & World Report, “Nobody seems to have thought through the consequences of having allocated so many districts an even number of delegates |
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Sen. Barack Obama said Saturday that the The Democratic presidential hopeful also said McCain's health Jill Hazelbaker, a spokeswoman for McCain, said the Arizona Obama broadened his criticism to McCain's ties to lobbyists He takes their money and has put them in charge Obama was referring to Charlie Black pointed |
-Median existing-home price was $201,100 in January, down 4.6% from a year ago (National average) -Total housing inventory rose 5.5%
-Existing condominium and co-op sales dropped 6.5%, and are 30.2% below the year ago levels. The median existing condo price ($220,400) is only 1.0% lower than January 2007. |
Zohra Bensemra of Reuters took this photo of people from the Kikuyu tribe resting today at a temporary shelter in Nairobi's Mathare slum. They are among the thousands of Kenyans who have been displaced in recent weeks by post-election violence in Kenya. |
Alan Blinder and Lawrence Summers both wrote about the problems the economy faces from foreclosures and the possible solutions Blinder looks at the possibility of reviving the New Deal-era Home Owners’ Loan Corporation. “The HOLC was established in June 1933 to help distressed families avert foreclosures by replacing mortgages that were in or near default with new ones that homeowners could afford. It did so by buying old mortgages from banks — most of which were delighted to trade them in for safe government bonds — and then issuing new loans to homeowners. in the Financial Times Summers proposes bankruptcy overhauls and more voluntary restructurings “Bankruptcy reform alone could, on some estimates, avert 500,000 foreclosures Proper support for voluntary restructurings involving interests in future appreciation should realize still greater benefits.” |
You know that cool Web site you found or the device that makes you more productive? Better not bring it to the office: The majority of corporate tech leaders say that these tools don’t belong in the workplace. That’s according to CIO Magazine, which found that 54% of the 311 tech leaders it surveyed said that technology designed for consumers was inappropriate for corporate use. Here are the top nine Voice-over-the-Internet software Online productivity software. This surprised us, but software like Google Apps and Zoho Digital cameras Remote storage Smartphones Social-networking Web sites. Ten percent of tech leaders are frightened by sites like MySpace and Facebook. Instant Messaging. Online chat is a large enough security threat that 11% of tech leaders said it was their biggest fear. Web-based email accounts. Gmail, Yahoo Mail and Hotmail topped the list Portable storage devices. A runaway winner, devices like USB drives were the biggest fear for 43% of tech leaders. |