Sure, police patrols and neighborhood watch groups help fight crime, but what about financial institutions? A new study out of the University of Virginia studied crime stats in several low-income, Latino neighborhoods in Virginia and North Carolina before and after credit unions targeting a Spanish-speaking customer base opened there. Following the establishment of the credit unions, robberies dropped.
Forty years ago, when Borders opened its first store in Ann Arbor, Michigan, the book industry was a different place. But for years, Borders acted like it wasn’t, culminating in the announcement this week that it would liquidate its remaining 399 stores.
On Friday, I posted a piece on the U.S. debt and how we are creating a false crisis given current interest rates and our ability to manage that. Judging from the responses, you would have thought I was penning a piece in defense of eugenics. But the heated reaction is typical of the current debate about debt.
Use the coupon code BBESCAPE10 to get 10% off the rate at any accommodations booked through BedandBreakfast.com. Reservations must be made by July 25, and travel is valid through the end of the year, pending availability.
With the newest data on home sales out Wednesday, one thing is clear: The volume of current real estate activity is not what many players hoped it would be.
The New York Times’ David Segal has a devastating piece on the economics of the law school business. Basically, law school programs are hugely profitable, and the schools have expanded — and jacked up prices — rapidly, leaving many grads with too much debt and little in the way of career prospects.
— VANESSA CULLINS, VP of medical affairs for Planned Parenthood of America, writing an op-ed arguing why birth control should be more affordable [via The New York Times]
Los Angeles’ much-hyped “Carmaggedon,” in which the 405 Freeway was closed over the weekend, was mostly a non-event. Instead of producing a chaotic, traffic-choked scene all over L.A., the unprecedented road closure resulted in an even more unprecedented scenario, in which huge numbers of Angelenos figured out something to do that (gasp!) didn’t require the use of a car or highway. Could this be the start of a drive-less movement in car-crazed southern California?
Moms are buying iPhones at a rate faster than any other group. They’re also more likely to use smartphones to their full capabilities during any snippet of downtime—browsing for a nephew’s birthday present, updating family calendars and grocery lists, and otherwise sharing info and staying connected. Is it any wonder, then, that retailers and marketers are desperately trying to connect with all these connected moms?
After cutting back for three years, Americans are feeling more relaxed about borrowing and have started increasing their debt levels again. Is that smart? And how does your own financial situation compare?
Thanks to a little-known Texas law, a man found an abandoned $300,000 home, moved his stuff in and filled out some paperwork. It cost him $16. Now, apparently he’s a homeowner.
Every shopper should know that when a grocery store advertises a “10 for $10″ sale price, it’s usually not necessary to buy ten items in order to get them at $1 apiece. You could buy 7 for $7, or 2 for $2, or even 16 for $16 if you really wanted. But it’s very possible you’re spending more than you’d like—even if you don’t buy 10 items like the supermarket ad specifies.
Already-discounted apparel and merchandise in Coldwater Creek’s outlet section is being marked down by an additional 40% for purchases made by Tuesday, July 19. Use the coupon code AFLC782 to get free shipping as well.
President Obama nominated Richard Cordray, the former attorney general of Ohio, to officially have your back. Here are 10 key quotes to better understand him.
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