That’s what the average U.S. household spends annually on transportation, the bulk of it in the form of automobiles—purchase price, fuel, insurance, finance charges, repairs and maintenance, but not factoring in depreciation. For a lot of Americans, more than 20% of their take-home income heads right back out of their homes and into …
Is it time to raise the gas tax?
Back in 2008, when Barack Obama was running for President, he took a politically unpopular stand on the gas tax. Both John McCain and Hillary Clinton were calling for a gas-tax “holiday” to stimulate the economy. Obama took the side of most economists (not to mention our very own Justin Fox) in saying that a lower gas tax might play well …
This Summer Only! College at 50% Off! Get Your Learning On While It’s Cheap!
To attract students at a time when many families are wondering if they can afford college—and also, if higher education is actually worth the money—colleges are going all Crazy Eddie, offering deals like tuition freezes, 50% off and buy-one-get-one-free summer courses, and free housing.
Got a Body? Then You Have a Way to Make Some Money
Here’s your chance to use what your mama gave you to earn some money. Best of all, you don’t even have to break the law!
Who will be the next China?
UPDATE: My colleague Austin Ramzy has written a story on this topic. You can read it here.
This morning the New York Times is the latest to ring in with an article about rising wages in China:
The salaries of factory workers in China are still low compared to those in the United States and Europe: the hourly wage in southern China is
…
It’s a Deal: Quiznos $2.99 Meal Promotion
Use this coupon to get a small sub, chips, and a fountain drink for just $2.99 at Quiznos. The coupon is valid through June 15.
Is Dynamic Pricing Coming to Sports Arenas and Stadiums Near You?
In the near future, tickets to sporting events could be determined not simply by the section you’re sitting in, but by who is pitching, whether a basketball team’s star power forward is hurt, when you buy your seats, the weather on the day of the game, and all sorts of other factors.
Q&A: SeatGeek’s Jack Groetzinger on How to Find Cheap Sports and Concert Tickets
SeatGeek forecasts the prices of sports and concerts tickets on the secondary market—meaning tickets sold via StubHub, eBay, and other vendors where prices are known to fluctuate depending on supply and demand. The service, which is free, also allows you to sign up for e-mail alerts, so that you get a head’s up when ticket prices for a …
What will the FCIC’s Goldman Subpoena Uncover?
Where’s Goldman’s Waldo?
The Financial Crisis Inquiry Commission was out last night with its list of demands from Goldman. And while I certainly think Goldman was wrong, morally, if not legally, when it purposely created worthless bonds so that hedgie John Paulson and indeed its own trading desk could benefit (Goldman denies this), I …
Will Earnings Growth Support The Stock Market?
With anxiety mounting about Europe’s debt crisis, China’s growth, and renewed talk of a double dip recession in the U.S., the stock market is losing steam. As the Dow dips below 10,000, buyers are not charging in to scoop up values, leading many to ask whether market’s weakness reflects mere worry or is the accurate refection of a …
Raghu Rajan is blogging
Commenters here had a number of things to say in response to Chicago economist Raghu Rajan’s thoughts about the (ongoing) causes of financial and economic strain in the global economy. So folks might also be interested to know that Rajan himself is now blogging. You can read his blog here, presumably for at least as long as his book …
It Could Happen: Your Cable Bill Could Be Based on How Much TV You Watch
AT&T’s new plans for the iPhone and the iPad, which involve getting rid of unlimited use plans, may have opened the door to the possibility of new pay-TV plans, in which cable bills could also be “usage-based.”