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News and Blogs: Monday, December 8, 2008

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Anheuser-Busch Cuts 1,400 Jobs. This shouldn’t be a surprise after the company was purchased by InBev and the company promised over a million dollars in annual savings.

Maybe It’s Time to Buy That First House. Don’t worry, there are no conclusions in this New York Times article. Maybe it is time, but maybe it is not. First time home buyers could find themselves with a loss by 2012 in several major metropolitan areas according to some sources. The more you look at a house purchase as a long-term investment, the better off you’ll be. Just keep in mind that the true cost of buying and operating a home is higher than you think and your return after “fees” might not even beat inflation, even in the long term.

Obama Sets Expansive Goal for Jobs. President-elect Barack Obama is set on a two-year plan to create or save 2.5 million jobs. It’s a massive public works project, rebuilding the country’s infrastructure. New roads, bridges, and schools are all part of the plan.

Carnival of Personal Finance #182: Don’t Go Broke Over the Holidays Edition. Free From Broke is hosting the latest Carnival. In addition to the Editor’s Picks, check out Why Investing in Stocks This Year Was Not a Financial Mistake at Money Ning, Turning What You Love to Do Into a Second Income Stream at Funny About Money, and Dave Ramsey Falters in a Crummy Economy at Saving Advice.

Published or updated December 8, 2008. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 2 comments… read them below or add one }

avatar Michael M

“First time hoe buyers could find themselves with a loss by 2012″

Sweet…first one to spot the typo.

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avatar Luke Landes ♦127,550 (Platinum)

Fixed! Thanks!

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