Basic financial literacy boosts everyday money decisions
The piece argues that understanding fundamental money concepts like saving, borrowing, interest, and inflation improves personal stability and reduces debt. It cites studies showing education level, age, and access to financial education influence knowledge, saving habits, and risk tolerance, with calls for early and ongoing financial education.
MENTIONED IN THIS ARTICLE
Olivia S. Mitchell
University of Pennsylvania
Wharton School
Annamaria Lusardi
George Washington University School of Business
Texas
Dallas builder gets prison in insurance fraud case
Dallas homebuilder Edward Adrian Abraham operating as Park Cities Development Inc was sentenced to two years in prison for insurance fraud over false reports of more than 250000 in stolen materials. He pleaded guilty to wire fraud and was ordered to pay 252000 restitution. Investigators say in 2009 he used bogus police reports and fake invoices to back theft claims. he admitted no materials were stolen.
MENTIONED IN THIS ARTICLE
Dallas
Edward Adrian Abraham
Park Cities Development Inc
Abraham
Oil Prices and dollar rally loom in likely correction
The piece notes a possible renewed dollar rally pressing oil toward the $50 level, suggesting a partial retracement of the recent rally. Energy shares weakened before oil and leaders like Exxon Mobil and Anadarko fell, with gasoline and heating oil down as rates pause after a March dip in 1987. The next week may reveal if oil’s bottom is in.
MENTIONED IN THIS ARTICLE
Energy
Energy Service
Exxon Mobil
Anadarko
Themarket Perspective.com
Cox’s Hamburgers: Daily Fresh Meat and Local Favorite
Cox and his daughter Maghan run Permian Basin Hamburger with 100 seats, serving about 150 diners daily from 1 to 2 pm. The marquee touts 135 Million Hamburgers Sold Daily. Cox, 71, recalls coaching youth sports and greets customers with a friendly question. The restaurant, expanded since 1980 after buying the building, draws praise for quick service and good food from Odessa residents and nearby towns.
MENTIONED IN THIS ARTICLE
Idaho
Permian Basin
Cox
Maghan
Janette
Michael
Also Mentioned on This Page
United States
Organisation For Economic Co-operation and Development
OECD
Shanghai- China
Belgium
Estonia
Australia
New Zealand
Czech Republic
Poland
Latvia
Shanghai-China
Discover Financial Services
Harris
National Foundation For Credit Counseling
National Endowment For Financial Education
Michael S. Gutter
Zeynep Copur
Selena Garrison
THE
Associated Press
Odessa Saddlery
Star
Coxes
Craig Canon
Andrew Talley
Tess
Odessa
Talley
Javier Gutierrez
Scott Hill
Andrews
Gutierrez
CR Peace
Vance Lane
Hag Rathestad
Ilfield
Eisnursont
Hobbs
Dwaine Cox
Permian Basin Hamburger Co
N. Grant Ave
Mark Sterkel
Jdessa American
Medical Center Hospital
West Texas
Food Bank
Medical Center Health System
Mehodessa.com
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