“My kids think I’m crazy for being in the pay-TV business because they don’t pay for TV … They don’t pay for movies. But they watch an awful lot of TV and movies.”
Walmart’s Identity Crisis, and the Betrayal of the Blue-Collar Shopper
The world’s largest retailer is suffering through its worst-ever sales period on home turf. Why?
It’s a Deal: JetBlue Flights from $29
With JetBlue’s new one-day sale, flights between Long Beach and Las Vegas start at just $29 one way, and other routes cost as little as $39 (Oakland-Long Beach, Boston-Baltimore, New York-Boston), $49 (Burlington-New York, Boston-Charlotte, Fort Lauderdale-Cancun), and $59 (New York-Raleigh-Durham, Orlando-Montego Bay). Tickets must be …
Race & Recession: How Skin Color Affects One’s Perception of the Economy—and Its Recent Collapse
A new poll brings to light big differences in who whites, blacks, and Hispanics blame for the recession, whether the nation’s economic policies have us on the right track, and how optimistic (or not) they are that things will get better. Curiously enough, the groups who were hardest hit by recession, and who are the least likely to hold …
Curious CapitalistEconomy & Policy
Will the Stock Market Rally Last?
Sad traders no more (Mike Segar/REUTERS)
Unemployment is still high and salaries are compressed, but one thing that’s rising like nobody’s business is stocks. The S&P 500 recently grew 100% from the level that it fell to during the low point of the financial crisis back in March 2009 – the fastest such doubling in the index’s …
The Creepy, Crawly Miracle Food
“Insects are high in protein, B vitamins and minerals like iron and zinc, and they’re low in fat. Insects are easier to raise than livestock, and they produce less waste. Insects are abundant. Of all the known animal species, 80% walk on six legs; over 1,000 edible species have been identified. And the taste? It’s often described as ‘nutty.'”
Smoking Deals: Finally, a Website for Finding Cheap Marijuana
Some 332 billion coupons were redeemed in 2010, amounting to $3.7 billion in discounts for consumers. These days, you can find coupons for almost any kind of purchase—and yes, that includes pot.
It’s a Deal: 40% Off Everything at The Limited
On Monday, February 21, only, all merchandise at The Limited is marked down by 40%. Discounts are valid for both online and in-store purchases, and free shipping is available for Internet orders of $75 and up.
Return of the Flashy Spender
A long time ago—way back in 2009—frugality was cool, and showing off luxury items and high-end brands in conspicuous fashion was, well, unfashionable at the very least. There was talk of an entire “recession generation,” whose consumer behavior would always be affected by the era’s dramatic financial collapse. Yet in recent surveys, …
Can the G-20 solve the world’s economic problems?
Once again, the industrious finance ministers of the G-20 met to solve the world’s economic problems, this time in Paris, and after hours of haggling and arm-twisting over the weekend, ended up with something that looks like an agreement on one of the biggest challenges facing the global economy today: giant imbalances. There is almost …
Will Faster GDP Growth End the Debt Debate?
Obama talks budget cuts (Kevin Lamarque/REUTERS)
Washington is absorbed with how much it has to cut in order to get our financial house in order. And the conclusion by many is that President Obama’s proposed budget, which lowers the amount of debt we are set to take on in the next decade by $1 trillion, doesn’t cut enough. Former Bush …
246 Money Tips: When to Haggle, How to Extend Food’s Lifespan, Why Being Old Has Its Benefits, and More
Also, plenty of stuff it’s best to avoid, including bad bosses, toxic spouses, diet soda, and voting for “American Idol.”