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What is a baseball player really worth? All about WAR
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What is a baseball player really worth? All about WAR

By on Oct 25, 2014

When we analyze the Kansas City Royals and San Francisco Giants — the two teams currently dueling in the 2014 World Series — it’s not too difficult to figure out their most valuable players. For Kansas City, Alex Gordon, Lorenzo Cain, Wade Davis and their entire bullpen come to mind; Buster Posey, Madison Bumgarner, Hunter […]

Must Read Money Stories Friday Oct, 24
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Must Read Money Stories Friday Oct, 24

The dominant online retail model takes a hit. Sure, sure, it’s earnings season, and every morning there’s a new quarterly report to digest, which may or may not have any impact on anyone’s lives beyond today. But the reaction to Amazon’s earnings yesterday is something worth watching. First, as the Wall Street Journal reports, it […]

The big jobs boost from America's airports
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The big jobs boost from America’s airports

 Nearly 500 U.S. commercial airports support 9.6 million jobs, create an annual payroll of $358 billion and produce an annual output of $1.1 trillion, according to a new report from Airports Council International-North America (ACI-NA). The economic impact study, The Economic Impact of Commercial Airports in 2013, analyzed contribution U.S. airports made to the nation’s […]

As smog increases, tourism to China drops
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As smog increases, tourism to China drops

You’ve all seen the pictures, like this one, of smog enveloping Beijing and other cities in China. And you’ve heard stories about how smog affected the recent Beijing marathon, causing some runners to drop out. (There’s some amazing video at the end of this story.) Now, there’s evidence that pollution is having an economic impact […]

Must Read Money Stories Thursday, Oct. 23
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Must Read Money Stories Thursday, Oct. 23

On Wednesday, a group of major companies pledged to offer their workers discounted solar systems. The New York Times reports that Cisco Systems, 3M, Kimberly-Clark and National Geographic will extend these solar benefits to its employees. Solar Community Initiative — a Geostellar program conceived by the World Wildlife Fund — will give more than 100,000 […]

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 […]

Farewell to a fashion magician, but not to his empire
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Farewell to a fashion magician, but not to his empire

The fashion world let out a collective, “oh, no!” on Monday night at the news of Oscar de la Renta’s death. He had been ill from cancer for some time, but the word still shook celebrities and less heralded consumers alike. De la Renta was famous for his ladylike clothes, especially cocktail dresses and ballgowns, […]

770 Accounts: an alternative to a slumping market?
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770 Accounts: an alternative to a slumping market?

With the stock market plummeting in the United States, a number of investors are looking for a certain and productive place to put their money. One place that is under fresh scrutiny is the 770 account — not really a savings account, but a whole-life policy that some are marketing as an alternative investment tool. […]