Posted In: Kids and money, financial literacy
Virtual bank accounts allow parents to deposit allowance online and teach kids about spending and saving.
Posted In: New York, Hurricane Sandy, gas
Gas rationing is back in New York City and parts of Long Island. And -- like in the 1970s oil crisis -- cars that end in an even number fill up on even days, and odd plates on odd days.
Posted In: AT&T, Cellphones, telecom, fcc
AT&T announced this week it will invest $14 billion over the next three years to beef up its wireless and broadband services. The news is good for wireless customers, but could portend the demise of the old fashioned landline phone.
Posted In: Hurricane Sandy, New York, electricity, utilities
A week after Superstorm Sandy hit the Northeast, more than a million people are still without power. New York Governor Cuomo is threatening to find other utilities if electric companies like ConEd and LIPA don’t perform.
Posted In: allowance, Money Matters
The average child’s allowance is $65 a month. That’s $780 a year. How do you keep track of all that money? A slew of online startups is trying to solve that problem -- creating virtual banks managed by parents and their kids.