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Now taking off: new runways
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Now taking off: new runways

Runway construction is big business for the country’s airports, as both a driver of jobs and an economic impact.  Two cities recently opened new runways that both claim will be a benefit to travelers and the local community. Fort Lauderdale-Hollywood International Airport in Florida recently opened the $719 million, 8,000-foot South Runway, built to help […]

Must Read Money Stories Wednesday, Oct. 22
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Must Read Money Stories Wednesday, Oct. 22

Low credit? You’ll pay more. The New York Times reports this morning that several states have recently passed laws allowing higher interest rates and fees on customers with low credit scores. The states include Missouri, Kentucky, Arizona, Indiana, Florida and North Carolina. In North Carolina, higher fees and rates were initially opposed by an unlikely […]

How big spending on campaign ads affects the economy
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How big spending on campaign ads affects the economy

Less than a month before Election Day, campaigns across the country are dialing up their last-minute efforts to win voters. Especially in battleground states, get-out-the-vote measures are saturating the airwaves with campaign advertising, and those ads don’t come cheap. This cycle, candidates for the U.S. House have already racked up total election-year spending of more […]

Must Read Money Stories, Tuesday, Oct. 21
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Must Read Money Stories, Tuesday, Oct. 21

Apple sold 39 million iPhones last quarter, shattering last year’s sales. The technology company made $8.5 billion in profit, according to the New York Times, which was 13.3 percent higher than 2013’s fourth quarter earnings. Analysts point to Apple’s skyrocketing sales of its new iPhones as one of the major reasons for its success, as […]

Airport restaurants get a major upgrade
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Airport restaurants get a major upgrade

I’m of an age when I remember when airport eateries were utilitarian affairs, where you were lucky to get a snack bar, a generic fast-food joint and an unbranded, Soviet-style restaurant as your only food options. Those days passed after airports realized that one, airline revenues continue to drop as carriers consolidate and cut service. And two, with […]

The money tale of two World Series teams
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The money tale of two World Series teams

After a lot of extra-inning games, the 2014 World Series matchup has finally been decided. The Kansas City Royals and San Francisco Giants have some things in common regarding how they got so deep into October — both reached the Series via wild card games and strong bullpens. But that’s where the similarities between these […]

How aircraft orders contribute to the local economy
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How aircraft orders contribute to the local economy

You often hear stories about airlines order new jets, from big companies such as Boeing or Airbus. But, what do they mean to the communities where those airlines are from? Seattle-based Alaska Airlines recently announced an order of 10 new Boeing 737-900 jets. The carrier also happens to be in the back yard of where […]

Bad news for Airbnb in New York State
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Bad news for Airbnb in New York State

Millions of people have booked rooms around the world through Airbnb, the online site. But the attorney general of New York State raises some serious questions about Airbnb’s legality. According to a report released Thursday, as many as 72 percent of Airbnb reservations over the last several years violated New York law. The report, “Airbnb […]

Must Read Money Stories, Thursday Oct. 16
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Must Read Money Stories, Thursday Oct. 16

Global markets plummeted on Wednesday. Though Wall Street had a resurgence toward the end of the day, the Dow Jones industrial average dropped by 173.45 points yesterday. The dip came after a massive sell-off in Europe as the Eurozone continues to struggle. The New York Times says investors fear that governments don’t have the policy […]