Equifax has ranked the U.S. metropolitan areas that are still suffering the most from high credit card debt, and found the majority of the areas with the highest debt-to-income ratios are located in six states. But the six might not be the ones you'd guess.
Online retail giant Amazon.com has filed suit against the state of Texas, demanding it produce an audit that serves as the basis for its demand for $269 million in uncollected sales taxes. The state demanded the money in September, but has withheld the report from Amazon.
Jared Lee Loughner, the disturbed young man charged in this weekend's massacre in Tuscon, highlights the physical dangers that individuals with untreated mental illness pose to society. But the financial costs of mental illness are high too.
As states grapple with increasingly squeezed budgets, the battle to collect sales taxes from retail behemoth Amazon has heated considerably over the past year. Now, Texas has raised the ante by hitting Amazon for four years of back sales taxes.
The Coast Guard estimates that a barge crash that took out power lines and halted shipping traffic across the Houston Ship Channel may end up costing as much as $1 billion in economic loss.
Anyone who has ever watched an episode of Animal Planet knows that ecosystems are fragile, relying on the delicate balance of species and resources. But what is less-known is the high economic cost incurred when a balance is upset by a species that is alien to the area. Killer bees, coyotes and Canadian geese are just a few of the biggest offenders.
