In generations past, there were Ford families, and there were Chevy families. Switching allegiances was akin to converting to a new religion, or voting for the Democrats after being raised in a stalwart GOP household. The truth …
Superstorm Sandy Estimated to Cause $20 Billion in Damage in U.S.
Even before Hurricane Sandy made landfall on the East Coast of the U.S., economists were predicting that the historic storm would cause billions of dollars in damage across more than a dozen states where planes were grounded, …
Should the Federal Government Be Subsidizing Flood Insurance?
As Hurricane Sandy continues to batter the Eastern seaboard of the U.S., one thing is for certain: insurance companies will be ponying up for billions of dollars in property damage caused by high winds. Last year’s Hurricane …
JCPenney: Forget Coupons and Black Friday Sales. How About a Free Photo Instead?
The reason why door buster deals, coupons, dramatic markdowns, and a short-lived sales are staples of the retail holiday scene is simple: They drive traffic into the stores. So how does a store attract customers when it’s sworn …
Banks Waive Fees for Residents in Path of Hurricane Sandy
Updated: Tuesday, 12:10 p.m.
Anticipating a storm-related cash crunch and bill-paying delays, Chase and Citibank announced on Sunday that they would waive overdraft, ATM and/or late fees for customers in New York, New Jersey …
Time It Right: Sweet Spot Emerges for Snagging Best Holiday Gift Deals
If you’re seeking the best prices on holiday gifts, Black Friday may not be all that it’s cracked up to be. Instead, be patient, and when the second week of December rolls around, be ready to pounce.
By One Measure, At Least, We’re All Better Off Than We Were 4 Years Ago
Retirement account balances are up in every state since the last presidential election, a new study shows. If only those balances were up as much as the market.
Tackling the Myth of Indian Inefficiency (Sort Of)
India may still lag China in infrastructure and bureaucratic competence, but the South Asian giant is catching up fast
The Best Times to Buy Clothing
If you’re a clothes horse – or even if you’re not – you may have noticed that the shirts, pants, sweaters, and dresses you want probably cost more than they did a year ago.
The Cost and Consequences of the U.S. Drought
The 2012 farming season may be in its waning days, but the consequences of this year’s drought, the worst of its kind in 25 years, are yet to be known.
Curious CapitalistThe Economy
Money Talking: How to Decipher the Bipolar Economy
Consumers are confident, but corporations aren’t. What will it mean for the markets? And, what does the sex abuse scandal at the BBC tell us about the ability of big institutions to govern themselves? For this and more, tune into this week’s episode of WNYC’s Money Talking, with TIME’s Rana Foroohar and Joe Nocera of The New York Times.
You’d Be Hard-Pressed to Find a Hotter Alcoholic Beverage Than Hard Cider
Hard cider has sometimes been portrayed as the old-fashioned “poor cousin to beer.” But unlike the uniformly sweet, fizzy ciders of the past, today’s alcoholic ciders can be dry, bold, fruity, and complex—enough to be interesting long after autumn’s come and gone. And unlike beer, which is mostly considered a “guy’s drink,” today’s …