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New Jersey Gov. Chris Christie (R) and possible presidential candidate garnered headlines today for rescinding a $420,000 economic credit for MTV’s hit reality show “The Jersey Shore” because of the damage he feels it does to the state’s image. What gets lost in the hullabaloo is that government subsidies to Hollywood are so frequently bad [...]
In what’s become a fall tradition, create-your-own ice cream specialist Cold Stone Creamery is hosting the tenth annual “World’s Largest Ice Cream Social” tonight—which includes a free serving of a new flavor called Sprinkled With Wishes Creation.
Home prices rose in July, according to the S&P/Case-Shiller home price index, and have now risen for four straight months. The bad news? Home prices generally rise in July, and they’re still down 4.1 percent year on year.
Oh, a loft … who doesn’t want to live in a large empty space that can be customized to fit your needs? Loft properties can be especially appealing to empty nesters, whose aging knees may dictate a preference for all-on-one-floor layouts over those of classic multi-story houses. Lofts are often located in a city’s urban core, [...]
Increasingly, consumers just aren’t buying movies. Frustrated with the sales slowdown, movie studios are eager to find new ways of getting more money out of consumers.
Nevada rolled out the welcome mat in the 1940s for mobsters who transformed the sleepy town of Las Vegas into Sin City. Now, the Silver State appears to be welcoming a new generation of entrepreneurs looking for a legal haven for otherwise dubious practices.
Gazing into Santa’s crystal ball, the retail experts point to the strong likelihood of weak sales during the rapidly approaching holiday shopping season. And with one aspect of the season, there’s no guesswork necessary: It’s all but guaranteed that shoppers will have their pick of more and more Black Friday sales—more Cyber Monday promotions as [...]
Apple is not immune to the worldwide economic slowdown. According to a note issued today by J.P. Morgan, “multiple supply chain vendors” have confirmed that the Cupertino, Calif.-based company has cut orders by 25% for iPad components from supplier Hon Hai Precision, better known as Foxconn, over the past two weeks. That is the first such [...]
In a new study published in the Journal of Consumer Research, a team of experts found that thinking about money can short-circuit a salesperson’s attempt to lure you into a purchase.
With interest rates at historic lows, retirement income has become difficult to secure and now planners and retirees are even rethinking the role of the venerable annuity, which has long been a stalwart source of monthly income. The plain truth is that unless you have boatloads of cash simple annuities alone won’t get the job [...]
Compared to traditional home cooking, fast food is more immediately gratifying and pleasurable and, well, faster to prepare and consume, from beginning to end. But no matter what some people say (particularly right after a pricey run to the grocery store), dinner prepared by McDonald’s isn’t cheaper than dinner prepared at home.
