A ‘Green Impact Zone’ has prepared poor and working class residents for the promise of electrics cars. But it doesn’t seem to have done much to generate the jobs they need to pay for new law-carbon buggies
Economics
Another California City Contemplates Bankruptcy
Will a resort town in California be the next Detroit?
The Pay Gap Is Not as Bad as You (and Sheryl Sandberg) Think
Women don’t make 77 cents to a man’s dollar. They make more like 93 cents, as long as they don’t major in art history
Has Apple Finished Disrupting Markets?
To think that Apple won’t use its experience to disrupt other markets is short sighted. It might take time, but Apple is more than capable of continuing to innovate and drive markets in new directions.
Sizing Up the Big Question: How Much Money Do You Need To Retire?
This is the year you figure out your number. Right? It’s not all that difficult, really. Yet by some estimates fewer than half of Americans have ever tried to divine how much money they will need in the bank in order to retire comfortably.
Has the Banking Industry Really Been Fixed?
The banking sector still faces big challenges, but greater transparency will boost investor confidence and also encourage banks to manage risk better internally.
Murdoch Says ‘YES’ to the Yankees: Why the Deal Could Help FOX Take On ESPN
News Corp.’s blockbuster deal to buy 49% of the Yankees Entertainment and Sports (YES) Network is the latest confirmation that televised sports has become one of the hottest areas in the media world.
Can a Payday Lending Start-Up Use Facebook to Create a Modern Community Bank?
Social media and big data are being used in an innovative new payday loan banking model that’s more Silicon Valley than Wall Street.
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Should the Federal Government Be Subsidizing Flood Insurance?
As Hurricane Sandy continues to batter the Eastern seaboard of the U.S., one thing is for certain: insurance companies will be ponying up for billions of dollars in property damage caused by high winds.
How Facebook Got Its Groove Back
Five months after going public in one of the most controversial IPOs in U.S. history, social networking titan Facebook finally delivered some good news on Tuesday, reporting earnings results that impressed Wall Street.
Is the U.S. Waging a War on Savers?
A recent consumer survey found that 41% of respondents had less than $500 in savings available on short notice.
Business Lessons from Iraq: Post-War Military Networking
While historians will be debating the effect of the counterinsurgency campaigns in Iraq and Afghanistan for decades to come, the young officers and noncommissioned officers charged with carrying out those missions are returning …
“Rent-Seeking”
Rent-seeking is a phrase increasingly in vogue by folks without real jobs. Wikipedia defines it as “an attempt to obtain economic rent by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.” Synonym: the U.S. defense industry and its allies, c. 2012.
Thomas …