June 21st, 2013
02:47 PM ET

U.S. economy gets a B-

Americans say the U.S. economy is getting better. Christine Romans asks economists and business leaders for their take.

June 19th, 2013
05:08 PM ET

Wall Street's new word: taper

The Fed is pumping $85 billion into the economy each month, but it can't last forever. Christine Romans explains 'the taper'.


Filed under: Ben Bernanke • Christine Romans • Economy • Federal Reserve • QE3
June 19th, 2013
03:22 PM ET

Men's Wearhouse fires the 'I guarantee it' guy

The clothing retailer won't say why it fired George Zimmer, who was the company's co-founder and executive chairman. Zain Asher reports.


Filed under: Business • George Zimmer • Men's Wearhouse • Zain Asher
June 18th, 2013
04:13 PM ET

Securing the Stock Exchange

Traders at the NYSE react to news that a plot to blow up their building was disrupted. Alison Kosik reports.


Filed under: Your Money
June 14th, 2013
05:36 PM ET

World bleeds, America leads

Christine Romans, Michelle Meyer, and Keith McCullough discuss the economic comeback and the risks threatening to derail it.


Filed under: Economy • Your Money
June 14th, 2013
05:01 PM ET

Outsourcing American Secrets

In the wake of the NSA leaks, Americans are rethinking whether or not they can trust the government. Christine Romans and Ron Brownstein discuss.


Filed under: Your Money
June 14th, 2013
04:07 PM ET

Declassified: The story behind security clearance

In light of Edward Snowden's NSA leak, Zain Asher digs up the secrets behind top-secret security clearances.

 


Filed under: Your Money
June 14th, 2013
04:04 PM ET

Locking in low rates

Christine Romans explains why rates are starting to tick up, and why you have to take advantage of this opportunity now.


Filed under: Your Money
June 14th, 2013
03:51 PM ET

Digging your heels in

Despite the numerous problems caused by sky-high heels, women continue to wear them. Christine Romans investigates the risks, and why women still rock stilettos.


Filed under: Your Money
June 10th, 2013
01:18 PM ET

AT&T changes upgrade policy

RIM Reports Second Profitable Quarter After Launch Of BlackBerry Z10 Phone

Getty Images/Scott Olson

By CNN's Logan Whiteside

Are you ready to upgrade to the latest smartphone? Not so fast.

AT&T customers now have to wait two years to be eligible for an upgrade. Previously, the wait time was 20 months. This will affect AT&T customers with contracts ending on or after March 2014.

The company is taking Verizon’s lead. The two carriers tend to mimic each other’s policies, and Verizon changed its upgrade eligibility policy to 24-months earlier this year.

AT&T says the new policy simply aligns phone upgrades with standard two-year wireless contracts, but consumer advocates are concerned about the move.

The Consumer Federation of America’s Mark Cooper calls the change “unjustified.” He says because AT&T and Verizon are the biggest carriers, they have less incentive to offer consumer-friendly policies.

“Its intention and effect is to diminish competition. That’s the only purpose at this stage of the game,” said Cooper.

Customers flock to major carriers to get the latest technology, and carriers often subsidize the cost of expensive smartphones.

According to the Pew Research Center, 56% of all Americans now use smartphones. For AT&T, about 72% of the company’s 107 million subscribers own smartphones.  With the change in policy, users will be stuck with their phones longer.

Both Verizon and AT&T point out customers are free to purchase a new phone whenever they choose at the sticker price. They’ll just have to wait a bit longer for a cheaper option.


Filed under: Your Money
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