The Week in Review: Funny Money Stories

1. Hybrids safer than comparable gas-powered cars

Hey gas-guzzling sedan drivers: Yet another reason not to get a hybrid is ruined. “Hybrid vehicles are safer than their conventional counterparts when it comes to shielding their occupants from injuries in crashes,” MSNBC reports. “The odds of being injured in a crash are 25 percent lower for people in hybrids than people traveling in comparable non-hybrid vehicles.”

2. Benetton gets world leaders smooching in provocative ads

Clothing retailer Benetton is trying to get some free publicity by running ads that feature world leaders kissing. The digitally altered images show, among other things, “Israeli Prime Minister Benjamin Netanyahu kissing Palestinian Prime Minister Mahmoud Abbas,” USA Today reports. Is it legal? Probably not. But politicians who sue would just be drawing more attention to the twisted pictures.

3. Millionaires ask Congress to raise their taxes

Here’s a news story you don’t see every day: “A group of two dozen millionaires stormed Capitol Hill on Wednesday, demanding lawmakers raise their taxes.” But that’s what CNN reported, as “The millionaires want Congress to allow the tax cuts passed during the George W. Bush administration to expire.”

4. Starbucks is raising prices in several markets

As if the lingering economic downturn isn’t bad enough, Starbucks chooses now to raise prices. For instance, “the price of small latte went up 10 cents, or almost 4 percent, to $2.75 at a Starbucks cafe in downtown Los Angeles,” MSNBC reports. If this continues, it’ll be cheaper to drink beer in the morning…

5. Delaying retirement: 80 is the new 65

What’s sad about a new pole revealing that a quarter of middle-class Americans expect to delay retirement until they’re 80? It’s “two years longer than the average person is even expected to live,” CNN says. “It sounds depressing, but for many it’s a necessity. On average, Americans have only saved a mere 7 percent of the retirement nest egg they were hoping to build.”

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