Debit cards were supposed to be toast. The industry started writing their obituary when financial reform targeted overdraft fees and interchange or “swipe” fees, which had made debit cards extremely lucrative for banks. So …
Smart Power
Data-crunching algorithms, not solar panels, are the new darlings of clean tech
Wallet-Opening Apps
Some of the best things on smartphones aren’t free
Curious CapitalistManufacturing
Is the U.S. Manufacturing Renaissance Real?
U.S. manufacturing is back. That’s been the conventional economic wisdom for months now. But at least one economic seer is throwing a bit of cold water on the idea.
With Cyprus Bail-In, Europe Bids Adieu to ‘Too Big to Fail’
In June 2012, the European Commission outlined a set of proposals for dealing with failing banks in the E.U. Known as the “E.U. framework for bank recovery and resolution,” the proposals didn’t receive much public attention …
Addicted to Leather: For Friday Night Lights Author Buzz Bissinger, Gucci Is Like Heroin
Acclaimed journalist Buzz Bissinger knew his clothes shopping habit had gotten out of hand. From 2010 to 2012, he figured he’d spent maybe $250,000 on clothing, most of it leather. When he did the math, though, the total added up closer to $600,000.
Why Is That 17-Year-Old’s $30 Million News App Even Legal?
One news aggregator just lost a copyright-infringement lawsuit to the Associated Press. Could an app like Summly be next?
Hey Walmart, It’s Hard to Make Sales When Store Shelves Are Empty
One way that Walmart keeps prices low is with minimal staffing levels in stores. But shoppers and workers alike are complaining that Walmart is understaffed, and the results include annoyingly long checkout lines and shelves that …
When You Become the Boss, Build Your Credibility
Managing people who used to be your peers is tough. You need to establish your authority without acting like the promotion’s gone to your head. Here are three ways to make the transition easier:
- Tread lightly at first. Don’t introduce any major overhauls right away. Identify a few small decisions you can make fairly quickly, but
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Why Derivatives May Be the Biggest Risk for the Global Economy
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
When to Take a Business Risk
You’ve got an idea you think could turn out to be The Next Big Thing, but if it doesn’t meet a few key conditions, you could just be putting your small business in jeopardy.
The Latest Chicken Wing Crisis: Too Much Meat on the Bone
Despite the alarmist headlines that surfaced around the time of the Super Bowl, there is no real shortage of chicken wings in the marketplace. But sellers are facing an odd wing problem lately: The chickens they come from are …