Online shoppers are getting smarter—and slower. Two years ago, consumers clicked on an online ad an average of 2.7 times before making a purchase. By early 2011, the average had risen by 15%, to 3.1 clicks. Consumers are also taking more time and are more likely to visit a competing site to check prices before pulling the trigger and …
Bailout Revelation: Fed Lent Billions to Save Libyan Bank
Last week, when the Federal Reserve finally released the names of the banks that tapped the central bank’s most secret lending program in the wake of the financial crisis many of the expect names were there. Citigroup got over $50 billion in loans. Bank of America was a big borrower, too. Goldman borrowed five times, though the amounts …
Southwest’s Stress Test
Just took another look at my flight itinerary for Tuesday: yup, I’m booked on a Boeing 737. Great. It’s not on Southwest, so should I take the flight? Is the catastrophic risk higher this week than last week? Will flying ever cease to be an annoying pain in the butt?
Yes. No. I hope so. Southwest’s issue with its 737-300s—a hole …
It’s a Deal: 40% Off at Tommy Hilfiger
Use the coupon code SBFRIENDS (thanks Buxr) to get 40% off your entire purchase from Tommy Hilfiger. The code is valid for discounts on purchases made by April 8.
CEO Math: AT&T’s Chief Executive Says Wireless Prices Have Decreased by 50%
“History tells you that prices in this industry have come down for 10 years. In the last 10 years, there’s been a significant number of business combinations in this industry, and prices have come down by 50%. And prices continue to come down.”
Is Food Cheap or Expensive? Could It Be Both?
Food in the U.S. is cheap to buy at the market, though costs have been rising sharply. Oh, and if you think about all of the costs related to keeping the price of food low, food isn’t really cheap to begin with.
Big Banks, Bigger Fees
You’ve heard all about the rise of bank fees—from $5 ATM charges to the disappearance of free checking and beyond. Now all of those pesky fees and annoying account policy requirements are presented in one handsome infographic.
204 Money Tips: Ways to Find Jobs, Get Free Shipping, Avoid Debt and Impulse Purchases, and More
Also: tips for cutting back on what you pay for everything from groceries to toys to your first home.
It’s a Deal: 50% Everything at New York & Company
During a New York & Co. sale lasting through April 2, all store merchandise is discounted by 50%. Use promo code 5566 at checkout, and shipping is free for orders of $99 and up.
Groupon Buys April Fool’s Day
Groupon, the industry leader in the hugely popular but possibly fading group daily deal space, just announced a new acquisition. The company has taken over intellectual trademark ownership of April Fool’s Day, which henceforth is to be referred to as “Groupon Presents April Fool’s Day.”
The Drop in the Unemployment Rate: A Bad Sign For the Economy?
More jobs plus a lower unemployment rate equals — more to worry about. Really?
On Friday, the government reported that the job market grew faster in March than it has in that month for more than 5 years. The number of employed people in the U.S. increased by 216,000. That was better than the 194,000 jobs the economy added in …
This Week in Mostly Awful Job News
Plummeting employee moral, the job fair cancelled because of lack of jobs, a study showing that crappy jobs are as bad for your mental health as being unemployed, and more.
