Mind Over Money

Profitable Nonviolence

Warner Brothers / courtesy Everett Collection

How the surprising effects of violent movies can help us to make smarter money decisions.

Why Verizon Dropped Its Unlimited Data Plan (And What You Can Do About It)

Eric Thayer / Getty Images

Starting July 7, you’ll no longer be able to purchase an unlimited data plan through Verizon, which is moving instead to a “usage-based” model. This isn’t the first such move – AT&T dropped its unlimited data plan last summer – but it does seem to represent a tipping point for the industry. So what gives — and is there [...]

GM Raises Car Prices Now So It Can Lower Them Later

GM

It’s a screwy time in the auto business. Used car prices recently hit a 16-year high, while average prices paid for new cars also soared in May—at the same time overall new car sales slumped that month. Now that prices seem to be coming down from their peak, GM announces it is jacking up sticker [...]

Bernanke and the Fed: Reading Between the Lines

Kevin Lamarque / Reuters

Today we were treated to the second installment of the Federal Reserve’s new policy of openness with Chairman Ben Bernanke’s press conference. And while Bernanke can always be counted on to give measured, intelligent answers, he can also be counted on to say nothing that remotely rocks the proverbial boat of conventional wisdom.

“Parents spend thousands and thousands of dollars to send their kids to school to finger-paint.”

— CHRISTOPHER MCDONALD, NYC native and actor in “The Best and the Brightest,” a new movie about the elite private school scene [via the Wall Street Journal]

Federal Agency Sues Banks For Credit Union Failures

One of the most frustrating things about the 2008 financial crisis was the sense that the people who got us into this mess weren’t going to face any kind of repercussions. For ordinary Americans watching their nest eggs tank while reading about bailouts and golden parachutes, there was a widespread feeling that somebody needed to [...]

Guest Column: Staying Quiet About China is a Dangerous Approach

Amy Eckert / Getty Images

Zachary Karabell’s June 9 article, “How Can Americans Get China to Do What They Want? For Starters, Shut Up,” promotes a dangerous approach that allows China to freely continue its mercantilist economic policies without even the threat of repercussions. It amounts to nothing less than appeasement and the continued loss of American jobs.

It’s a Deal: 40% Off Everything at Calvin Klein

Through Thursday, June 23, only, Calvin Klein is hosting a site-wide sale in which nearly all merchandise is 40% off. Shipping costs a flat extra $8 per order, or free shipping is available for orders of $150 and up.

Is a 3-D Movie Really Worth an Extra $5?

Fuse / Getty Images

Generally speaking, movie goers love special effects. For an action film in which giant robots come to life and battle for the earth’s survival, it’s a safe assumption that the more special effects, the better. But what if audiences regard one particular effect as annoying and occasionally nauseating—and not only because it makes theaters charge [...]

Q&A: Marc Ostrofsky on How He Got Rich … ‘Click’

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The Internet has been good to Marc Ostrofsky. He has made more than $50 million in the past 20 years as an online entrepreneur, and his current online companies net over $75 million annually. In his new book, Get Rich Click! The Ultimate Guide to Making Money on the Internet, Ostrofsky insists that there are still big bucks to be made just by sitting at your computer.

6 Ways To Make Your Travel Rewards Go Further

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What’s better than a relaxing getaway? A relaxing getaway you don’t have to pay for. Here’s how to get the most, uh, mileage out of credit card rewards and avoid some common mistakes that can shrink their value.