The first Starbucks recession

My (free) cup of Pike Place Roast, in Bryant Park You know how all those Suze Orman/Dave Ramsey/David Bach types, when they talk about getting out of debt and saving some money, tend to start by saying you should give up that $4 cup of Starbucks in the morning? Well, Americans appear to be taking [...]

Welcome to the low-cost manufacturing paradise that is the United States

From today’s WSJ: For years the U.S. has been one of the most expensive places in the world to make cars. But the new contracts with the United Auto Workers union signed last fall significantly improve the global competitive position of Big Three plants. The weaker dollar, which makes production in the U.S. less expensive, [...]