Credit score focus of new celeb-backed debit card

NEW YORK (AP) — Personal finance media personality Suze Orman is thinking big. She's the   first out of the gate in the fast-growing prepaid debit card market with a card that aims to help its users build a credit score. It's a gamble that could pay off, if it can help create a way measure the creditworthiness of millions who function outside the traditional financial system.The latest in...

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Rate on 30-year mortgage drops to record 3.89 pct.

 Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates.Freddie Mac said Thursday the average rate on the 30-year fixed mortgage fell to 3.89 percent. That's below the previous record of 3.91 percent reached three weeks ago.Records for mortgage rates date back...

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First Person: What My College Degree Means to Me

Note: This was written by a Yahoo! contributor. Do you have a personal finance story that you'd like to share? Sign up with the Yahoo! Contributor Network to start publishing your own finance articles.My college degree helped me pursue a successful 30-year career in advertising and public relations. However, it only happened after I realized I had not made the right decision in choosing my college...

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Fake John le Carré Twitter Account Fakes J.K. Rowling's Fake Twitter Death

We've seen "Cormac McCarthy" Tweet apocalyptic non sequiturs. "Philip Roth" promised us a bite-sized short story. Now a fake Twitter account for British spy novelist John le Carré is spreading bizarre death rumors about J.K. Rowling. After a few days of Tweeting harmless missives, the week-old handle @JLecarre dropped this would-be bombshell on its nearly 2,500 followers Wednesday morning: A terrible...

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Kicked Off Facebook, Kid Creates Own Social Network

If you can't join it, create your own.That's the attitude one Florida preteen ran with after his parents banned him from using Facebook. Instead of begging or slamming doors when his account was deactivated, the 11-year-old launched his own social network tailored specifically to children.Grom Social founder Zachary Marks had a Facebook account for roughly a week despite being two years too young...

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Never-Before-Seen Stage of Planet Birth Revealed

Astronomers studying a newborn star have caught a detailed glimpse of planets forming around it, revealing a never-before seen stage of planetary evolution.Large gas giant planets appear to be clearing a gap in the disk of material surrounding the star, and using gravity to channel material across the gap to the interior, helping the star to grow. Theoretical simulations have predicted such bridges...

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Dramatic Video of Helicopter Rescue Gone Awry

A swimmer stranded in open water at Copacabana Beach in Rio de Janeiro got more than he bargained for when he was being rescued via helicopter. Of course the last thing the first responders and the person being rescued wanted was for something to go wrong---particularly with the chopper itself. But that's exactly what happened.After a fire department team used a winch to lift the stranded swimmer...

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Photos of the Day

A participant lights a candle next to a sign during a vigil for the Indian rape victim, who passed away last Friday, in Singapore January 2, 2013. The death of the 23-year-old woman, who has not been named, prompted street protests across India, international outrage and promises from the government of tougher punishments for offenders. About 150 people took part in the vigil in Singapore. REUTERS/Edgar...

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Reid among 7 NFL coaches sacked in firing frenzy

Andy Reid is the winningest coach in the history of the Philadelphia Eagles. Lovie Smith led the Chicago Bears to the 2007 Super Bowl.Now they're looking for work.Seven coaches and five general managers were fired Monday in a flurry of pink slips that were delivered the day after the regular-season ended.Ken Whisenhunt is out after helping Arizona reach the Super Bowl following the 2008 season. Also...

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Regular season winners don't always make champions

The Denver Broncos and Atlanta Falcons, who tied for the league's best record at 13-3, are well aware of one of the NFL's biggest truisms: more often than not, the regular season is for suckers.Over the last decade, just two of the 13 teams that had the best regular season record — or tied for the best mark — went on to win the Super Bowl: the '02 Buccaneers and the '03 Patriots.The last eight teams...

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