Money

You may have seen the ads for Skechers’ Shape-ups shoes featuring spokesmodels like Kim Kardashian and Brooke Burke. But the FTC says the claims made within those ads and others like them were false, and it’s now ordered the shoe manufacturer to cough up a $40 million fine.

With the unemployment rate being what it is, a lot of people these days are being forced to work for minimum wage. But exactly how much you get could depend largely on what state you’re in.

Beef cattle prices are high right now, but not quite as high as had been expected. U. S. Department of Agriculture Outlook Chairman, Gerry Bange says beef processors are complaining of negative processing margins, so they aren’t bidding as high for cattle. As a result, Bange says, the price forecast for steers has dropped by a dollar to $125.82. That’s still $11.00 higher than in 2011, mainly because of very low cattle inventories.

Everyone’s been buzzing about Facebook’s IPO for weeks. But as shares of the social networking site began trading on Friday, analysts warned that not everyone should jump into the fray.

Oil prices are lower ahead of a weekend meeting where leaders of the world’s biggest economies will look for ways to help Europe resolve its debt crisis. Benchmark oil fell 60 cents to $91.96 per barrel on Friday in New York. Brent crude dropped 32 cents to $107...

If you’re a Verizon Wireless customer who was grandfathered in with an unlimited data plan after the company eliminated the option for new customers, enjoy it while it lasts — the company will be moving you to a tiered plan soon.

A man in the UK who was upset with his accountant chose a rather unusual way to express his irritation: he paid off his $1,200 bill for services rendered in coins. But the accountant got the last laugh by taking his client to court.

Here’s the good news: Americans have better credit scores now than we have in the past few years. But there’s bad news, too: credit standards are now so high that it may not matter much.