On Wall Street, it’s all about finding an edge — no matter how small or seemingly insignificant. Whether it’s a snippet of chatter in a restaurant, a stray comment on the squash court, or a scrap of barroom banter after work, …
Chuck E. Cheese: Where a Kid Can Gamble Like an Adult
What with all the flashing screens, dinging bells, and glazed-over customers absorbed in the games at hand, a Chuck E. Cheese arcade bears quite a resemblance to the slot machine section of a casino. Are kids, in fact, gambling in between their pizza and soda?
The New Retirement: Forget Being Rich, All We Want Is Peace of Mind
Four years after the recession ended we are still getting signals that our values have changed–at least partly of necessity.
5 Lessons from Warren Buffett’s Letters
Berkshire Hathaway’s chairman has a reputation for eloquence in his annual shareholder letters. Here are five gems from over the years.
Forget ‘Buy American’? U.S. Retailers Push an ‘Imports Work’ Campaign
Wanna support American workers? Buy imports. So says a new report, which claims that a cheap, robust imports marketplace not only helps American workers and families, but local farmers, manufacturers, and small businesses as well.
Please Don’t Use a ‘Best Places to Retire’ List to Decide Where to Retire
It can be confusing to make sense of the many “best places to retire” lists out there. Here’s the good news: you can ignore all of them
The Real Reason We Should Cheer the Cellphone “Unlocking” Law
On its face, a bipartisan bill introduced in the House of Representatives last Thursday to permanently legalize cellphone “unlocking” isn’t particularly groundbreaking. There seems to be consensus in Washington that …
My Beer Can Is Better Than Yours: Aluminum Can-ovations for Better Beer Drinking
You might think that one beer can is the same as any other. Big beer companies and craft brewers alike say different, and they’re rolling out new cans with wider mouths and funky designs that they claim make for vastly superior …
BlackRock’s Fink: Put it All in Stocks
Among other controversial ideas, BlackRock CEO Laurence Fink said long-term bonds had become so risky that young people should be 100% in stocks.
McDonald’s Removes Angus Burgers as it Tries to Reverse Declining Sales
McDonald’s is removing one high-profile “premium” item from the menu, possibly signaling that the trend toward higher-priced fast food is coming to a close.
Tesla Beats the Odds — And the Haters — But Now Comes the Hard Part
The electric car company Tesla has always been an easy target. There’s the CEO, messianic Silicon Valley entrepreneur Elon Musk, who sometimes actually seems to be convinced that he’s the real-life Tony Stark. There’s the sheer chutzpah of a startup company from outside the auto industry trying to successfully build and market a new car …
The Made-Up Numbers Dominating the Immigration Debate
The Heritage Foundation made a splash early this week with a report predicting that the current immigration reform bill being debated in the Senate would cost the U.S. government $6.3 trillion dollars in benefits like Social …