Though Japan is still struggling to resolve its nuclear crisis and tally the losses to human life and property caused by the giant earthquake and tsunami that devastated its northeast coast, scholars are already philosophizing on how the disaster could change Japanese politics and society over the long term. In an interesting essay for …
Hyperinflation Hits the Price of Being Happy
Happy Piggy (Getty Images)
There is a lot of debate about whether prices are rising or not. And over whether we have too much inflation or not enough. But there is the price of one thing that surely seems to be hit with hyperinflation recently: The price of being happy.
Last September, a study came out that said the amount of income …
Insider Insight: Why Banks Keep Jacking Up ATM Fees
“You really don’t care if you piss off someone else’s customer.”
Friday Funnies: Letterman’s ‘Top 10 Reasons to Buy the iPad2’
“Special microchip makes it obsolete 50% faster.”
Why Banks are Charging $5 for ATM Withdrawls
You may soon be paying more at the teller (Photo: Getty Images)
Earlier this year, JPMorgan Chase began to charge its customers in New York $1 if they wanted to get a printed account statement from the ATM. Thank you very much, I’ll just guess. But it turns out this may have been the opening salvo in Chase’s chase after new fees. …
184 Money Tips: How to Repurpose Leftovers, Save $50K, and Put Your Preschooler to Work
It’s time for the weekly roundup of helpful, weird, and wonderful money-saving tips from around the Web.
CEO Pay Up, Average Worker Not so Much
Disney’s Robert Iger got a 45% bigger bonus in 2010 (Phil McCarten/Reuters)
Executives in the corner office now make 62 times more than the average worker, and that’s just in bonuses alone.
A study done for the Wall Street Journal, found that incentive pay for the chief executive officers of 50 major corporations jumped 30% in 2010. …
It’s a Deal: 40% Off Everything at the Star Wars Shop
Now through March 20, all in-stock merchandise at StarWarsShop.com—including Legos, posters, clothing, action figures, and more—is being discounted by 40% during the site’s Spring Cleaning Sale. Shipping adds an additional $4.95 to $9.95.
Impulse Buying 2.0: Groupon’s New Deals Tempt Anyone Who’s Hungry or Bored Right Now
Groupon, the runaway leader in the enormously popular group daily deals concept, is aiming to once again upend the way consumers leap for tempting, limited-time offers.
Is G7 yen intervention a good idea?
In a highly unusual step, the G7 agreed on Friday morning to coordinate their efforts to control the sharp rise in the Japanese yen. The decision today was prompted by a sudden surge of strength by the yen that by Thursday morning (in Tokyo) had pushed the Japanese currency to a record high against the U.S. dollar. Though the yen had …
GM Shuts Pickup Factory Due to Japanese Earthquake
Japan created just in time manufacturing, the method in which parts arrive at the plant just prior to the time they’ll be used. It was widely adopted by the auto industry, because it saves money and improves quality. Pre JIT, automakers would keep weeks or months of safety stock sitting in warehouses to make sure the lines kept running …
Is Inflation Driving More People to Food Stamps?
For Americans struggling to pay for ends meat, paying for said meat just got tougher.
On Thursday, the Bureau of Labor Statistics reported its numbers that track inflation. Back out the cost of food and energy, which most economist do, and inflation looks rather tame. But if you just look at the price of food, inflation looks like a …