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Dec 27, 2011: Harbin, the freezing capital city of Heilongjiang province in north China and located on the edge of Siberia has built the world's largest Santa Claus ice sculpture. This sculpture was the star attraction of the ice festival which was expected to attract an estimated 800,000 tourists, 90 per cent of them Chinese. The enormous Santa with a flowing beard and hat is 160 meters long and

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jul 30, 2010: These days, in Moscow, subway commuters share their rides with stray dogs! We are not kidding :(.

In the capital of Russia, stray dogs curled up on empty seats, roaming around in subway stations and getting on and off subway cars at their own sweet pace are a common sight. Check out the

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Today we came across this story at Nasdaq which talks about how FTC (Federal Trade Commission) has revised its rules regarding endorsements of products by bloggers and celebrities.Under revised rules announced Monday (Oct 5, 2009), the FTC will require bloggers and celebrities to clearly state when they

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]We, Americans, are going through hard times. Several thousands of us have lost our jobs, the economy is in recession, the market is down and no one knows when things are going to look up. Amidst all these events, a Russian academic, Igor Panarin, has been predicting the U.S. will fall apart in 2010. Well

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]May 20, 2009: Today U.S. investigators criminally charged FTC Capital Markets' Chairman Guillermo Clamens and Nazly Cucunuba Lopez with conspiracy, securities fraud and wire fraud possibly involving hundreds of millions of dollars. This was a result of a civil lawsuit filed in Manhattan federal court by

In its bankruptcy filing the ailing company Chrysler disclosed that it might eliminate about 800 dealerships in a matter of a few weeks. This might save the company but will axe thousands of jobs. Chrysler said that a little over half of its dealers make up ninety percent of its sales, which is why it wants to eliminate the more poorly performing locations.

In many small towns these dealerships

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Microsoft, the software giant which has never laid off people till date, has announced that they are going to cut 5000 jobs over the next 18 months, including 1400 immediately. The job cuts will take place in research and development, marketing, sales, finance, legal, human resources and information

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Circuit City, one of our favorite retailers for electronics goods, is going out of business. They are closing 567 of their remaining US stores and slashing 30,000 jobs. Circuit City had filed Chapter 11 of bankruptcy in Nov 2008, but had to take this drastic step since they could not work out a sale of the

Leo Babauta has released his latest book "The Power of Less: The Fine Art of Limiting Yourself to the Essential...in Business and in Life."

In addition, he is offering a superb bonus giveaway which will end on Jan 1, 2009. If you purchase the book before the end of Jan 1st, 2009, he will give you one of the following as a bonus:
The Zen To Done e-book, usually a price of $9.50.
The Zen Habits

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Mint has launched a free iPhone App for its users. This sure will make Mint the killer banking app for the iPhone mobile community. In case you use a different phone and want to know your bank's balance, you can set it up to receive alerts from Mint.com via SMS. This will help you to get real time balances

The present dismal state of our economy and the recent merger with Merrill Lynch has coerced Bank of America (NYSE: BAC) into a decision of trimming down up to 35,000 jobs over a period of 3 years to stay in shape. America lost over half a million jobs in November alone and this announcement from BOA shows that things might get worse before we see any real improvements. More so since BOA is

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Office Depot (ODP) is closing 112 stores and planning to lay off 2200 people in an effort to earn a short term financial boost. This move will reduce the chain's base to 1163 stores. They plan to close 45 stores in the Central U.S., 40 in the Northeast and Canada, 19 in the West and 8 in the South. Also, six

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Mint is planning to help its users see the big picture of their financial state by integrating their portfolios into their Mint accounts. Very soon, we’ll be able to see all our investments, mutual funds, and retirement accounts at Mint.com.Mint’s approach to investments is all about helping us make better

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]When we visit personal finance blogs, we often notice a widget in the side bars which displays a graph with the net worth of the blogger. This widget is due to the courtesy of NetWorthIQ.Today, Strands, a leading developer of social recommendation technologies, announced that it has acquired NetworthIQ, a

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]In emerging markets, the urban middle class and poor will be hit hard by the rising inflation. Already food and energy prices are soaring. Even in US, most of us are finding it difficult to cope with rising gas and food costs.In this period of recession, the prices of commodities are going up in emerging

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).] In Feb 2008 US Airways had announced that they are going to charge a $25 fee for the second bag that we check in. In short, from May 5th they'll allow one checked bag and one carry on bag per passenger. But now thing have gone from bad to worse. We'll have to pay extra money for window and aisle seats in

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Mint.com, which is one of the most happening personal finance startup companies, today joined forces with The Motley Fool, the world’s leading online investing advice company. The deal comes with a co-branded version of Mint along with promotion of the site on Motley Fool. This partnership weaves Mint.com’s

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]The Market Madness game has ended.SmartMoney magazine, the Wall Street Journal magazine of personal business is hosting a new online game about stocks so that we can enjoy the art of investing. It's called "Market Madness Stock-Picking Tournament," where players can compete for a chance to win $10,000.Here's

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]US Airways (LCC) has unfurled a new baggage policy which is not friendly for people like us who travel with a couple of checked in baggages. Since we travel a lot during the summer to raise funds for charities this new policy would mean higher ticket costs for us :(. Here are some details of the new policy