Economy
Doomed To Repeat: A look at two market meltdowns
We're in the midst of an economic crisis.
Weekly Catch Up: November 14-18
Welcome back to our weekly Catch Up, where we update you on this week's happenings around the web and world on the money side of life™.
This Week: Day of Action, Congress to get an insider trading smackdown, and can a president fix a bad economy?
Weekly Catch Up: October 24-28
Welcome back to the second edition of our weekly Catch Up! No more ketchup images in the works, thank goodness--just updates on this week's money happenings from around the web and world.
This week's latest: The rich got richer, 7 billion earthlings, and who likes dollar bills anyway?
Celebrating The American Worker...Or Out-Of-Worker
I probably don't need to point out that morale isn't so great these days in the ol' U-S-of-A.
What is Consumerism?
What is consumerism? According to the Merriam-Webster Dictionary, consumerism is the promotion of the consumer’s interests; the theory that an increasing consumption of good is economically desirable; also: a preoccupation with and an inclination toward the buying of consumer goods.
Investing Opportunity: The silver lining to a cloudy economy
Money is tight and jobs are scarce, so it may seem like investing is the last thing you should do. However, there are opportunities in this seemingly glum picture.
No More Recession?
The recession is over, but the unemployment rate is still 10%. These seemingly contradictory statements beg the question: how is a recession officially defined?
A $700,000 Salary
The average Goldman Sachs employee will receive a $700,000 salary this year. That's an average employee, not a top executive. In comparison, the average salary in the U.S. is $42,270, or $657,730 less.
Olympic-Sized Lessons
The host city for the 2016 Olympics will be announced Friday. Chicago, one of the finalists, estimates that it will spend $4.8 billion total to host the games if they win the bid. That sounds reasonable compared to the $1.2 billion the Dallas Cowboys spent to build their new stadium--that's not a typo.
Getting Down With The G-20
When it comes to naming things with letters and numbers (see also: Nissan 370Z, Xbox 360 etc.) the G-20 might just take the cake: it sounds ominous and wields a lot of influence.
