5 Odd Ways Money Is Being Spent

Roughly $300 will get you a Star Wars poster at Pottery Barn, or a patient to actually take his or her prescription drugs. Meanwhile, some folks are spending $12,000 for ride-on lawnmowers, and $360K buys your 16-year-old—OK, not your 16-year-old, but P. Diddy’s 16-year-old—a new car.

The problem with too much labor protection

I was at the international airport in Madrid this past weekend, catching a flight to London, and made the mistake of buying a chicken sandwich on rye. I found myself in a line of about 15 people. What was the hold up? Not the sandwiches. They were already made and wrapped. But the café had only one, extremely harried employee on duty, …

Retail Sales Slide, But Sentiment Improves

The U.S. Commerce Department reported this morning that retail sales for May fell 1.2%, a disappointment given that analysts had been hoping for a modest gain. It knocks some of the good feel from Federal Reserve Chairman Bernanke’s testimony on Thursday before the House Budget Committee. But, that said, the May report is not the end of …

  1. 1
  2. ...
  3. 676
  4. 677
  5. 678
  6. ...
  7. 1014