Pets and the economy have a curious relationship. Overall spending in the pet industry has risen steadily over the past few years, even as the economy has struggled. But spending on pets isn’t entirely recession-proof, as …
crime
Commuter Tip: Jumping the Subway Turnstile Saves Money
Even when you factor in the likelihood of getting caught and being hit with fines, it makes economic sense to jump the subway turnstile rather than pay the fare like a good law-abiding citizen.
Can Banks Lower Crime Rates (and Increase Home Values)?
7 Odd Solutions for 7 Common Economic Problems
Could dog poop help communities meet their energy needs? Should the government give signing bonuses to unemployed people who accept job offers? Would a commuter loyalty program similar to the airlines get more workers to use …
The State of the Economy, Investing, Housing, and Brazilian Bikini Waxes
Among other surprising factoids, 44% of Americans say they'll never put money in the stock market again.
Raj Gets Nailed. The Ratings Agencies Beat the Rap
So the Feds got their big fish. The takedown of Raj Rajaratnam for insider trading is going to give U.S. Attorney Preet Bharara plenty of momentum in using an old prosecutorial weapon to go after a new set of miscreants. Rajaratnam was fried by his own words, obtained by the kind of wiretap that the prosecutors use to go after Mafiosi, …
ATM Crime: More and more Machines Get Withdrawn
Smash and grab ATM theft is this recession’s hip crime (Getty images)
Call it the total ATM withdrawal. In the past year, as the economic slump has dragged on, robbers around the country are increasingly trying a new method to get their hands on cash. They’re no longer swiping stolen cards in automated teller machines. More and more …
Did Goldman Sachs commit a crime?
Things keep getting worse for Goldman Sachs. Late yesterday news broke that federal prosecutors are looking into whether to bring criminal fraud charges against the Wall Street firm. (The outstanding SEC lawsuit involves only civil charges.) No word yet on any details about what those new charges may entail.
Nonetheless, stock analysts …