Yesterday, in writing about Spirit Air’s plan to charge a fee for carry-on bags, I concluded by joking that pay toilets were next. Ha-ha. But then I got an email from SmarterTravel alerting me that Ryanair, the king of cheapo European carriers, was already working on exactly that. The carrier actually plans to install pay [...]
For a while now, it’s been a good time to be a renter. The cost of renting of an apartment has been falling around the nation, and landlords have been quick to throw concessions at potential tenants. One to-remain-nameless Manhattanite even negotiated down the rent on her Greenwich Village apartment—a stunning victory in one of [...]
In its seemingly unending quest to tick off as many of its customers as often as possible, the airline industry has added another chapter: Spirit Air announced it will charge passengers for CARRY-ON bags. You get the first one on board for free, assuming it fits under the seat in front of you. The fee [...]
The stock market is the economy’s newest cheering section. It’s long been a manic-depressive member of that moody club known as the Leading Economic Indicators. But now it really seems to saying that being of sound mind, it is honestly upbeat. On Monday, the Dow rose to an 18-month high and closed just a hair [...]
The Wall Street Journal has a story today pointing out another long-term problem of high unemployment: it affects not just the finances of the unemployed, but potentially can reduce the future earnings power of their children as well. If Mom and Dad don’t have a job, then they can’t save for college. If they can’t [...]
My post today is about a country that doesn’t usually get much attention in debates about global economic issues – Malaysia. But don’t be too quick to click to the next webpage. What’s going on these days in that small, tropical nation is raising interesting questions about the relationship between social justice and economic development. [...]
I’ve got a story up on Time.com that’s proving pretty popular, so I thought I’d mention it here, too. It begins: For years, researchers have struggled to understand why so many women leave careers in science and engineering. Theories run the gamut, from family-unfriendly work schedules to innate differences between the genders. A new paper [...]
A discovery in Mexico shakes up an Italian industry and creates new demand worldwide
Here’s a bit of unhappy news for tax season. The folks over at LowCards.com point out that even if your credit card company has forgiven the debt you owe them, there’s still a good chance you have to pay tax on the amount. That caveat is going to catch a lot of people this year [...]
