Most plastic surgery procedures are considered non-essential, or elective—as in, the patient can elect to have work done, just don’t expect health insurance to cover it. Or as in: When the economy’s shaky and money is tight, it …
Paul Volcker Defends Eponymous Rule
Though the Dodd-Frank Wall Street reform act was passed way back 2010, much of the law remains to be implemented. One reason for the lag between passage of laws and their implementation is that when federal agencies propose new …
Buffett Rule Shares Flaw with Tax it Would Replace
Say goodbye to the much-loathed Alternative Minimum Tax and hello to the Buffett Rule. Sweet relief. The AMT has perplexed taxpayers and agonized accountants for decades. But wait: Are the AMT and the Buffett Rule really so different?
One Billion Smartphones by 2016: Here Comes the Mobile Arms Race
It’s no secret that mobile is rapidly becoming the new battleground of the tech arms-race. Today, many pocket-sized digital devices pack more computing power than most desktop machines did a decade ago. Now, Forrester Research …
Romance & Real Estate: How Your Housing Situation Affects Your Love Life
Where you live affects who you date—and who will absolutely refuse to date you. In honor of Valentine's Day, the real estate website Trulia commissioned Harris Interactive to conduct a survey looking at the intersection of …
Oh, the Cruel Irony: Smaller, Cheaper Cars Are More Expensive to Insure
Studies have shown that poor people tend to pay more for auto insurance. Guess who else pays a premium? People who own small, inexpensive cars—a group that also tends to be poor.
The Best City in the U.S. for a Cheap Date
If you’re single and lonely this Valentine’s Day, you may want to head up north, maybe to Ann Arbor, Mich., because according to a study by Kiplinger’s Personal Finance, the city’s combination of unmarried households, …
Apple Stock Hits $500 as China ‘iPad’ Trademark Case Escalates
First, the good news: Apple shares briefly hit $500 Monday morning for the first time in its history — an impressive milestone and psychological threshold that underscores the incredible success of America’s largest technology …
The ‘Linsanity’ Effect: NY Knicks’ Guard Jeremy Lin’s Surprise Success Leads to Sold-Out Arenas, Jerseys
The phenomenon of undrafted Harvard grad and previous NBA benchwarmer Jeremy Lin is translating into serious money, as Knicks’ ticket prices soar and stores can’t keep up with demand for Lin jerseys and “Linsanity” merchandise.
Are We Already Planting the Seeds of the Next Financial Crisis?
Central banks are trying to revive weak economies by injecting large amounts of money. That policy helps in the short run, but easy money can also create the conditions for future booms and busts.
3 Ways to Know If You Can Retire
The concept of a practice retirement has been around for many years, and it has been especially topical since the Great Recession took a toll on so many nest eggs. But practicing retirement before you take the plunge isn’t just …