Activist Calls For Boycott Of Non-Black Owned Beauty Supply Stores
Although he has less notoriety and less fame, professor and black activist Devin Robinson has started a national boycott of non-black owned beauty supply stores to send a message. The message he hopes to send is one of equal treatment, one of fair distribution and one that can ultimately pump millions of dollars back into the black community. [Hip Hop Wired]

One Million Will Lose Unemployment Benefits In January
One million people will stop receiving unemployment benefits in January unless Congress makes a move before the Christmas recess, according to an analysis by the National Employment Law Project. [Huffington Post via BV Boards]

Negligence Ruling in Katrina Floods May Cost Feds
The federal government could be vulnerable to billions of dollars in claims after a judge ruled that the Army Corps of Engineers' failure to properly maintain a navigation channel led to massive flooding in Hurricane Katrina. [Google News]

Beyond Skills and Smarts: Thriving in the New Economy
It's been a tough and frustrating year for financial professionals. Watching other smart, motivated people lose their jobs is sobering. As the economy shifts and uncertainty prevails, what should women in finance do to ensure their own future? [The Glass Hammer]

Author Beth Kobliner Offers Advice for Using Credit Cards Wisely
Consumers are starting to see credit cards in a whole different light. Some are making the break from plastic because they're disgruntled with credit card companies that continue to push interest rates higher. Others are opting to pay with cash as part of a recession-made resolve to live within their means. [NJ.com]

Economists, Labor Leaders Accuse Fed of Massive Secret Bailouts
An unusual coalition of progressive economists, labor leaders, and bloggers has decided to fight back against a congressional amendment that would allow the Federal Reserve to continue operating in secrecy.

Bailout Program Could Be Extended
The Obama administration is poised to extend the life of the highly unpopular $700 billion financial bailout and, to display a commitment to fiscal responsibility, is planning to use much of the leftover funds to reduce the national debt, government sources said. [The Washington Post]

Another Credit Card Fee is About to be Unleashed
Another fee is coming in the new year for airline and hotel customers -- this time from your credit card company. The message: Pay your bill on time or forfeit the miles or points you thought you earned for making purchases on your card during that month. To get the rewards back, it's going to cost you. [Yahoo News]

Another Wave of Foreclosures Looms
A second wave of foreclosures is poised to hit the market, potentially undermining housing recovery efforts as more homes add to the glut of inventory and drive down prices. [USA Today]