Texas Roadhouse Age Discrimination Lawsuit Could Affect Hiring Practices

Maria DeSimone was 40 when she applied for a server job at a Texas Roadhouse in Palm Bay, Fla., in 2009. Her family needed more income, so the wife and mother of two, who had two years of restaurant experience, decided to return to work. A manager said he’d get back to her.

He never did, and when she called to follow up on her application, DeSimone was told the restaurant wasn’t hiring. She later learned that the 19-year-old daughter of a friend, who’d never worked in a restaurant, got the job.

DeSimone is among 55 women and men named as claimants in a lawsuit against the Texas Roadhouse restaurant chain by the U.S. Equal Employment Opportunity Commission. Brought four years ago in federal court in Boston, the suit says Texas Roadhouse discriminated against workers 40 and older by refusing to employ enough of them in front-of-house jobs as hosts, bartenders, and servers. “We’re thinking not just about the case at hand but also about influencing behavior more broadly,” says Ray Peeler, a senior EEOC attorney-adviser. Employers, he says, can’t assume older applicants don’t have “the energy or excitement

The Richest Americans Are Cutting Debt Before The Fed Hikes Interest Rates

More wealthy Americans now say they’re reducing debt than at any time in the past decade, and the Federal Reserve may be to thank.

About 15 percent of high-income households, those in the top third of the earnings ladder, reported debt declined in September, more than any other time since 2005, according to Friday’s consumer-sentiment report from the University of Michigan. The share was only one percentage point lower a 35-year peak reached in April 2000. Those same households reported making further progress on their finances, while the bottom two-thirds of the income distribution said their balance sheets worsened.

“The prospects of rising interest rates didn’t cause high-income families to borrow in advance of those hikes—it caused them to pay down their debt,” Richard Curtin, director of the Michigan Survey of Consumers, said on a Bloomberg conference call after the report. “It could be that the dodging of the hike this month meant more consumers actually looked at their finances more critically.”

Fed policy makers delayed raising the benchmark interest rate at their meeting this month as market turmoil and international-growth concerns threaten to derail the U.S. economy and slow inflation even further. Still, Fed Chair Janet Yellen said

Economy in U.S. Picked Up on Consumer Spending, Construction


The world’s largest economy expanded more than previously forecast in the second quarter, boosted by gains in consumer spending and construction that may help the U.S. withstand a global slowdown.

Gross domestic product rose at a 3.9 percent annualized rate, compared with a prior estimate of 3.7 percent, Commerce Department figures showed Friday in Washington. The median forecast of 76 economists surveyed by Bloomberg called for a 3.7 percent gain.

Strong hiring, cheaper gasoline and higher home prices will probably sustain household purchases, which account for about 70 percent of the economy. That helps bolster Federal Reserve Chair Janet Yellen’s view that the U.S. will overcome any fallout from cooling overseas markets and swings in global financial and commodity markets.

“Declining energy prices have been a big support, and that was a big windfall for consumers,” said Michael Feroli, chief U.S. economist at JPMorgan Chase & Co. in New York, who correctly projected the second-quarter expansion. “We’ve been growing above trend, and we think that’ll probably continue for at least the third and fourth quarters.”

Economists’ forecasts for GDP, the value of all goods and services produced, ranged from 2.7 percent to 4.1

Choose the best one of online loan

Technological developments have helped facilitate every activity of life. one of them borrowing money. At the past time, you need go to a bank or institution if you would like to borrowing money. The process and requirements that many will spend a lot of time. It will not be effective for you if you are busy with the jobs. Now there is a solution to get an easy loan for you who do not have much time, that is online loan. Cash online loans is not a new thing in society today. One of the online loan that you can use are top-cashloans. it’s the best one if you would like to borrowing online money. Moreover, almost all the media that is connected by internet access can walk easily to apply for these loans. It becomes sound really nice, and have pleasure if you choose online loan. The pleasure thing that you will get it are :

  1. Be practical and flexible, you just need internet and computer or smart phone to access it.
  2. The submission process is handled with ease and in general relatively quickly.
  3. As a model for a loan repayment

Optimizing LEARNING Forex Trading

Forex Video is a good modern way of forex trading tips, https://freshforex.com/training/steps/step2/ for those who decided to start trading on the market. There are a lot of variants and they are available free. So, a trader can view them at any time and in any place in the Internet and special websites. At the same time there are some difficulties with the choice of many video lessons, novices as yet hardly orient in a great amount of information. How to pick a really useful Forex Video as forex currency trading tips?

Efficient self-learning

In fact, it takes only a few steps.

Set a goal, you want to achieve in the end. Break up the path to the goal in tactical missions and try to pick up the material for each of them. Go to the next question, make sure you thoroughly understand the previous one.

Do not rush to give money for paid video tutorials as well as what you will need for the first time, you will find on the Internet for free. At the same time you will be able to test themselves and assess their propensity to trade.

Try not to purchase content from untrusted sites or suspicious traders with a

New Tactics For Preventing Chargebacks

Every business in the world is looking to avoid chargebacks. Chargebacks do more than cost you money—they damage your company’s reputation and make it harder for you to get a merchant account in the future. Merchant accounts which allow you to process payments are the life blood of your business. Without them, the only form of payment that you can accept is cash. That is why it is critically important to know your chargeback rate, and what rates are acceptable for your processor. Different industries typically have different chargeback rates, and you need to talk to your processor about what rate is acceptable for your business. Once you know what chargeback rate you want to meet, the next step is to actually reduce chargebacks. But how can you do that? Well, you need to know what chargeback claims buyers are actually making. Here are the chargeback claims that you can expect to hear during your time as a business owner:

The Chargeback Claims Buyers Make The Most

Generally, when you get a chargeback, the buyer will be making one of the three claims below:

  • That the buyer never received the item after it was purchased
  • That the buyer never purchased the item and the

How Good is Your Employer’s 401(k)?

BrightScope recently identified the industries with the best 401(k) plans. Which industries came out on top?

Our rating system is based on how quickly the average participant in a given 401(k) plan is going to accumulate the money we believe someone needs to retire comfortably within his or her industry. Law firms, utilities, mining companies and airlines were top scorers because they typically offer plans with low fees and some form of profit-sharing. Employees in these industries are highly educated and well paid. They tend to contribute at a higher rate than do employees in lower-ranked plans, and they let those dollars grow over time.

How can I tell if my company’s 401(k) plan isn’t up to snuff?

High plan fees are a red flag. But remember that fees vary depending on plan size, industry and other factors. And fees pay for services; a 24-hour help line through which employees can get great advice may be worth the money. Also, the investment menu should meet your needs. If you’re nearing retirement, for example, make sure there are investment options that will get you there securely — for instance, a low-volatility fixed-income investment such as a stable-value fund.

Haven’t people sued their employers for offering

How to Put Yourself on a Money Diet

For the past six years, Eliza Cross, a professional blogger and freelance writer in Denver, has put herself on what she calls a “money diet.”

Not that she coined the phrase. “Money diet” is a term that’s been around since at least the 1980s. For a stretch of time, maybe a week and often a month, you spend no money, except on essentials like groceries, gas and medicine. Unlike a food diet, where you want to lose pounds, the goal is to gain money. And if you do it right, Cross says, you should have more money than usual at the end of the month, and you may gain better financial habits as well.

Cross has been putting herself on a money diet every January, for all 31 days. She writes about it and commiserates with her readers on her blog, HappySimpleLiving.com.

And while Cross does it every January – “it’s a good time of year when we’re motivated to make changes in our lives, and a lot of us have been spending a lot over the holidays,” she says – you can obviously go on a money diet any time. That said, some parts of the year are probably

A Basic Guide to Honda Car Finance

Personal Contract Purchase Agreements

Personal contract purchase is one of the most popular options for Honda car finance. This is a good choice if you are not planning on upgrading the vehicle for foreseeable future. The monthly repayments are typically quite low with the provision to make a lump sum payment initially. Your monthly repayments are scheduled for a set duration with the balance of the finance due as a lump sum as a final payment. However, there is some flexibility with this type of finance as you can choose to make the final lump sum payment and keep the vehicle or return or part exchange the vehicle against a new agreement.


Hire Purchase:

Hire purchase is considered to be a traditional form of new or used car finance. This agreement allows for your to borrow the funds needed and repay it back over a set term. The amount available to borrow is typically dependent on the amount of deposit put down. Generally, the higher amount of deposit, the lower the monthly repayments and the less interest is accrued. Once the loan has been repaid, the ownership of the vehicle is passed to you. Hire purchase is considered to be a secured loan

End your Confusion about Mortgage Finance Now

In simple terms, mortgage financing is the process of providing finance to individuals and business entities, to secure properties, and the finance is repaid through timely and consecutive monthly instalments.

To understand the mortgage finance process, you must first try and understand the basic idea behind mortgages.

Mortgage – Definition

It is a legal agreement that conveys the conditional right of ownership of an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan with the condition that the conveyance of the title becomes void upon the repayment of the debt.

Are Mortgages Legally Enforceable?

Yes, they are. In order to be legally enforceable, the mortgage must be for a defined period, and the mortgagor must have the right of redemption on payment of the debt or on before the end of that term.

Why is Mortgage Finance Common?

Here is a list of why it is the most common type of debt instruments:

>> They have a lower rate of interest (because the loan is secured);

>> They are straight forward and have standard procedures; and

>> They have a reasonably long repayment period.

What is a Security Document?

The document by which the agreement is effected is called a “Mortgage Bill of

Corporate Finance

A career in Corporate Finance means you would work for a company to help it find money to run the business, grow the business, make acquisitions, plan for it’s financial future and manage any cash on hand. You might work for a large multinational company or a smaller player with high growth prospects. Responsibility can come fast and your problem-solving skills will get put to work quickly in corporate finance.


The job of the financial officer is to create value for a company. For example, the finance group at American Electric Power of Columbus, Ohio has four main areas of concentration: liquidity, flexibility, compliance with laws and regulatory support. The goals of the objective are met through four main activities carried out by AEP’s Finance Department: 1) designing, implementing and monitoring financial policies, 2) planning and executing the financing program, 3) managing cash resourcesScience Articles, and 4) interfacing with the financial community and investors.


Jobs in corporate finance are also relatively stable while performance in these jobs counts. But it’s not like your job is going to depend on whether you’re selling enough this week or getting good deals finished this quarter. Rather the key to performing well

End your Confusion about Mortgage Finance Now

In simple terms, mortgage financing is the process of providing finance to individuals and business entities, to secure properties, and the finance is repaid through timely and consecutive monthly instalments.

To understand the mortgage finance process, you must first try and understand the basic idea behind mortgages.

Mortgage – Definition

It is a legal agreement that conveys the conditional right of ownership of an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan with the condition that the conveyance of the title becomes void upon the repayment of the debt.

Are Mortgages Legally Enforceable?

Yes, they are. In order to be legally enforceable, the mortgage must be for a defined period, and the mortgagor must have the right of redemption on payment of the debt or on before the end of that term.

Why is Mortgage Finance Common?

Here is a list of why it is the most common type of debt instruments:

>> They have a lower rate of interest (because the loan is secured);

>> They are straight forward and have standard procedures; and

>> They have a reasonably long repayment period.

What is a Security Document?

The document by which the agreement is effected is called a “Mortgage Bill of

Personal Finance Articles, Not Another One How To Change Your Mind About Your Personal Finance NOW

Many personal finance articles have been written on the issue of money.  Can’t say I have been moved to action by many.  First I’d like to say it is ok that you feel down about the current situation about your personal finances.  I give you permission to feel your feeling for the next 24 hours and then pull yourself by your boot straps and let’s what we can do.

There exist many a definition, I want to share with you  my personal finance definition:

Financial freedom is not an event, it is a skill.

I bet right now with the current economic situation you are saying to yourself, “I just wish I could the lotto!”  Boy don’t we all and yet statistics and personal finance facts show that the majority of people who win the lottery, end up broke and worse off before their winnings! Imagine that.  You among the many seeking wealth, riches, fame few people realize that money isn’t the solution to their problems;  the way you think about money is the problem and the solution.

I can almost see you going oh yeah, give me the money and I’ll show you change in mindset!

My favorite entrepreneur of all times, Henry Ford

Declutter Your Finances Put Your Wisdom to Work for You

You’ve read, I’m sure, that mental quickness declines with age (I live in grumpy denial of that fact, even though I’ve had plenty of proof). But there’s a much happier story to tell. Older people perform as well as or better than younger people on tests of financial decision-making. Our math skills might slip, but our accumulated wisdom triumphs.

Sign up for the AARP Money Newsletter

I learned this from recent research, when I was thinking about financial planning as we age. Behavioral economist Elke Weber, of Columbia Business School in New York, identified two kinds of intelligence: “fluid intelligence,” which we use to manipulate information, and “crystallized intelligence,” arising from a lifetime of experience. The fluid kind springs leaks (hmmm, what was the name of the movie I saw yesterday?). But the crystallized kind — what we’ve always called wisdom — continues to deepen right into our 70s. We get better at making judgments, not worse.

Pare down to essentials

To make wisdom work for us, we have to arrange our finances carefully. Older minds

Finance message board users may be able to predict stock price movements

A first of its kind study by researchers at the University of Iowa suggests Yahoo’s finance message boards have a small degree of ability to predict stock price movements.

The study, “Stock Chatter: Using stock sentiment to predict price direction,” also found that more than two-thirds of the message board comments had nothing to do with finance.

The researchers analyzed 70,000 posts by more than 7,000 commenters on Yahoo’s finance message boards from April to June 2011. They determined what sentiment, if any, they expressed about 11 Fortune 500 stocks, either bullish, bearish, or neutral. The researchers then looked at the movement of those stocks’ prices the next day. Depending on the model the researchers used to classify the statements, they found that the sentiment expressed on the message boards accurately reflected the price movement anywhere between 52 and 64 percent of the time.

Michael Rechenthin, who conducted the study as a doctoral student in the Tippie College of Business, says that while the lower accuracy figures can be attributed to randomness, the 64 percent figure is statistically significant and shows a small degree of predictive ability.

The study found the predictive ability lasted only one day, though, and disappeared on

3 Reasons You Can’t Get Out of Debt

Do you feel as if you’ll be in debt forever? Join the club. One survey found that 13 percent of Americans think they’ll never pay back all their loans, and another 8 percent say they won’t pay off what they owe until they’re in their 70’s.

Finding yourself buried in debt can be discouraging, but there’s hope. We’ve rounded up three common reasons people can’t get out of debt — and offer advice on how to turn things around.

Your Mortgage Is Too Big

The American Dream can turn into a nightmare if you take on a bigger mortgage than you can afford. Today, the average homeowner’s mortgage makes up 69 percent of total household debt. If your mortgage is too much of a load for you to carry, you might need to find a roommate to help cover costs, downsize to a less expensive home, or rent instead of owning until you can save enough for a big downpayment.

If your goal is to become mortgage-free as fast as possible, adding a little extra to your monthly payment is an easy to get there. Let’s say you have a 30-year, $200,000 mortgage with 25 years remaining and a 4.5 percent interest rate. By

How to Go From Saving to Investing

Think back to your earliest memories about money. It probably started with a piggybank that you occasionally shook to hear the rattle of the coins you stashed away. Perhaps your parents taught you to save a portion of your allowance for that special something. Or maybe you’re old enough to remember opening up your own bank account and watching your savings grow.

Now ask yourself, when did you first learn about investing? The memory may be vague, if it exists at all.

For many, “save” is the anchor verb because that is what you learned to do. You saved for expensive purchases, for college, for retirement, for a rainy day.

But only 6 percent of investors learned about investing from their parents, according to the BlackRock 2015 Global Investor Pulse Survey. For example, just one in 10 Americans were taught the importance of contributing the maximum to a 401(k) and starting the path to retirement preparation. This lack of education may be why 69 percent of Americans prefer not to think of themselves as investors.

How Americans Feel About Saving and Investing


Yet in today’s world, saving alone may not be enough to reach long-term financial goals. It’s possible to change your financial mindset, but

A hidden roadblock in public infrastructure projects

The world needs more infrastructure than governments can deliver. Long-term projections call for an estimated $57 trillion globally to build new and refurbish existing infrastructure between 2013 and 2030,1 an amount that governments at any level are unlikely to fund. Yet private investors and companies too frequently fail to fill the gap—even when their coffers are full. As a result, we’ve seen specific projects not getting done—including efforts to privatize an interstate highway in the United States, build an airport in Southern Europe, develop a hospital in Scandinavia, and fund airport services in South America.


A hidden roadblock in public-infrastructure projects

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There are many reasons why such projects falter, but these four shared at least one: they all failed to attract suitable private-sector investors. Why? As we’ve heard from clients and learned from companies’ informal decline-to-bid remarks, the returns from such projects are often too low relative to their cost of capital.

But if the assumptions about those projects’ cost of capital are wrong, valuable deals may be abandoned at the drawing board for the wrong reasons. We often find this to be the case. Government managers at all levels often assume

Getting a better handle on currency risk

Recent swings in global currencies have brought exchange-rate risk back to the forefront for companies working with suppliers, production, or customers in different currencies. Although official, or “nominal,” exchange rates tend to draw the most attention, what really matters to companies are changes in real terms—that is, when currency changes are adjusted for differences in inflation. In an ideal world, if prices were to fall as currency values rose, or vice versa, then the purchasing power of companies’ cash flows would be stable, and there would be no real currency risk. That often works itself out over the long term, but not for all currencies and not necessarily in the short term.


Getting a better handle on currency risk

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Many companies seem to manage only the most visible risks, such as exposure from a large transaction in a developing nation, which can be hedged with financial instruments, including currency futures, swaps, or options. But these tactics don’t work for every currency risk—and companies often face far greater exposure from less obvious risks that are much more difficult to manage, including risk that stems from mismatches between costs and investments in one

How to invest for success

Senior executives often have a hard time letting go. When it comes time to decide whether to sell certain assets, particularly those that have become less relevant to the core business, many bosses hold on for too long, only to watch as value withers and the assets become costly distractions. Others are simply more focused on acquiring1 or turning things around and, as a result, fail to prune noncore assets or divest even those businesses that destroy value. The effect on shareholder returns is more than you might imagine: our analysis of the largest 1,000 global companies finds that those that are actively involved in both acquiring and divesting create as much as 1.5 to 4.7 percentage points higher shareholder returns than those focused primarily on acquisitions.


Divestitures: How to invest for success

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Yet creating value through divestitures isn’t automatic, and how much a company can gain depends heavily on planning the right approach. For some deals, such as auctions or those that involve businesses in decline with minimal customer overlap, managers may want to sell at the best price with the fewest strings attached—and then just walk away. But for

The return of zero base budgeting

“Zero-base budgeting” (ZBB) was first introduced to the public in a 1970 article by Peter A. Pyhrr in the Harvard Business Review1 and soon gained a following. However, over the last half century, the tool became dogged by misperceptions and faded into obscurity.2 Today, it is enjoying a renaissance. The number of companies publicly referring to zero-base budgeting has exploded over the past few years, including such disparate companies as Alcoa, Boston Scientific, Jarden Corporation, and Quiksilver (exhibit). It’s not only big companies that have taken to ZBB; businesses of all sizes are taking the leap. For example, B&G Foods—a US-based multibrand company with $850 million in annual sales and less than $100 million in sales, general, and administrative (SG&A) expenses—has recently adopted ZBB. It’s becoming clear that ZBB can be effective across industries, in companies big and small, and under both public and private ownership.


ZBB of the 1970s was fundamentally about ascribing each company activity to a decision “package,” evaluating and ranking these packages for their costs and benefits, and allocating resources accordingly.3 Today’s ZBB is much more than that—it’s a repeatable process to rigorously review every dollar in

10 Reasons You Aren’t Rich

10 Reasons You Aren’t Rich


NEW YORK ( TheStreet ) — The reason why you aren’t a millionaire (or on your way to becoming one) is really quite simple. You probably assume it’s because you aren’t earning enough money, but the truth is that for most people, whether or not you become a millionaire has very little to do with the amount of money you make. It’s the way that you treat money in your daily life.

Here are 10 possible reasons you aren’t a millionaire:

10. You Care What Your Neighbors Think

If you’re competing against them and their material possessions, you’re wasting your hard-earned money on toys to impress them instead of building your wealth.

9. You Aren’t Patient

Until the era of credit cards, it was difficult to spend more than you had. That is not the case today. If you have credit card debt because you couldn’t wait until you had enough money to purchase something in cash,

10 Financial Lessons for a Richer Life

NEW YORK ( TheStreet) — Let’s face it, personal finance isn’t nuclear physics.

The basics are so simple that anyone can get the concepts down in less than a day — spend less than you earn, save and invest the rest.

Knowing what should be done and actually doing it, however, are two different things. Most people realize that spending more money than they have is a bad, bad thing. That still doesn’t keep millions of people from racking up credit-card debt. Here are 10 money lessons I wish I had known when I was 20 (I’m now 42 years old), which also have the power to change your life if you are able to embrace them.

10. Money Doesn’t Buy Happiness

I knew this in my heart when I was younger. After all, who can’t hum the tune of the Beatles song Can’t Buy Me Love? But my head often countered it in real life. It took me several years of working in a large corporation making good money, but not enjoying my job, to finally get it through my head that money in itself does not make you happy, and the accumulation of money will do very little for your