Baby boomers, often on the cutting edge of new personal finance trends like online banking and bill paying, are lagging behind their elders on one popular banking amenity: direct deposit. A full 25 percent of baby boomers still receive their salary or other regular payments by paper check, compared with just 13 percent of people age 61 and older, a U.S. Treasury Department and Federal Reserve Bank survey found this week. That could have profound financial implications for taxpayers if baby boomers continue to scorn direct deposit of payments when they retire.
Connections is a prevailing theme for this year's Consumer Electronics Show, where more than 120,000 techies will gather in Las Vegas starting Monday to gawk at the latest and greatest gadgets and services.
U.S. News recently exchanged E-mails with Will Hutton about his new book, The Writing on the Wall: Why We Must Embrace China as a Partner or Face It as an Enemy.
AP - Iraq's prime minister said Saturday that Iraqi forces would launch a new effort with U.S. troops in a supporting role to wrest control of Baghdad's neighborhoods from militias and other sectarian killers.
AP - President Bush's plan to send more troops to Iraq is already running into trouble on Capitol Hill, with Republicans joining Democrats in raising eyebrows before the president even makes his case.
AP - A huge avalanche buried cars Saturday and may have pushed others over the edge Saturday on U.S. 40 near 11,307-foot-high Berthoud Pass, Colorado highway officials said.
Iraqi Prime Minister Nuri al-Maliki has ordered an assault on Baghdad to take out militias and rogue security officers. Troops "will hunt down all outlaws" regardless of sectarian or political ties, he said. The operation could begin as early as today. President Bush, who spoke with al-Maliki Thursday, is set to announce a new strategy for Iraq next week.