Economy Archives - Page 2 of 6

During Saturday night, most of us lost an hour of sleep. Church attendance was likely affected by people who forgot to set their clocks ahead and ended up sleeping later than they intended. But researchers say losing that hour spills over into the Monday after that “spring forward,” producing a...

Government Life

Why I Don’t Care What Romney Pays in Taxes

PatrickEconomy Election Election 2012 Government

Mitt Romney released tax information showing he will pay a total of $6.2 million on a total income of $45.2 million in 2010 and 2011. Math majors (and those who are quick on a calculator) who take the time to crunch all of the numbers will no doubt deduce that...

Life

Twinkie Maker Facing Bankruptcy

PatrickEconomy Food and Drink

When All in the Family was on the air some thirty years ago, a running joke was the importance of Edith Bunker remembering to place a Twinkie in Archie’s lunchbox. Archie’s long-since gone, and now Twinkies aren’t feeling so well, either. Hostess, the company that has produced the tasty treats...

Journalism

Would You Pay Triple for Your Paper?

PatrickCustomer Service Economy Journalism Money Newspapers

Some subscribers of the Chicago Tribune face a steep price increase for home delivery. The paper is, in some cases, doubling or even tripling the subscription rates when customers’ current term expires. ChicagoBusiness.com reported last month that the paper had sent letters to some of its customers alerting them to...

Life

Credit Unions Revise Customer Estimates

PatrickCustomer Service Economy Money

Remember those hundreds of thousands of angry bank customers who moved their money from the “evil” banks to the “benevolent” credit unions in the months between Bank of America announcing a $5 ATM fee and Bank Transfer Day? Turns out reports of the moves were exaggerated a bit. The Credit...

Grammar Money

Oxford Squeezes Middle for Word of the Year

PatrickEconomy Grammar Language Money Speaking Out

Oxford Dictionaries teams named squeezed middle the Word of the Year for 2011. In a year in which the Occupy movement has gained such notoriety, perhaps that’s not a surprise. Unless, like me, you honestly hadn’t heard the term. The “squeezed middle” isn’t particularly had to figure out. It refers...

Life

Shoppers: ‘Recession? What Recession?’

PatrickEconomy Money

Okay, what just happened? It had to have happened very recently and I must have missed it while I kept my eye on the Thanksgiving dinner table. Just a few weeks ago, retailers were running scared about Black Friday. They feared that this struggling economy would mean they might have...

Life

Shoppers Fight Over Black Friday Deals

PatrickCrime Economy Holidays Mind Boggling Money Odd

There are some things that might be worth getting excited about when you’re in line on Black Friday. A waffle maker is not one of them. Unless, apparently, you’re in line at the Little Rock, Arkansas, Walmart and the waffle maker happens to be on sale for two bucks. Some...

Life

Credit Unions See Big Boost on Bank Transfer Day

PatrickCustomer Service Economy Money

About 40,000 people joined credit unions on Saturday’s “Bank Transfer Day” over the weekend. That represents, according to Reuters, about $80 million in savings moved from big banks to the not-for-profit credit unions. A few weeks back, some of my readers suggested that I was missing the point of Occupy...

Crime Life Odd

Cash-Strapped Neighborhood Rips Out Streetlights

PatrickCrime Economy Odd

A Detroit neighborhood, unable to pay its electric bill, took the unusual action of ripping out a thousand streetlights. It’s no secret that Detroit was hit hard by the economic crisis, particularly after the automotive industry suffered such setbacks. But for the Highland Park community, night now is a lot...

Double Standards Government Hot Topics Money

New Unrest at Occupy Camp Centers on ‘Undesirables’

PatrickCharity Double Standards Economy Government Politics Talkers

Recently, several of my readers accused me of missing the point of the Occupy Wall Street movement. If they’re right, I can at least say that I’m not alone. Apparently some people who are directly involved with the movement seem to be missing at least one point of the movement...

Journalism

The Future of Magazines: Print Them Yourself?

PatrickEconomy Journalism Newspapers Tech The Web

The print industry has it rough. The economy is forcing some people to cut subscriptions to save money. Production and transportation costs — not to mention postage — has been rising. The cost of doing business increases, while revenue and profit margin decreases. It doesn’t take a business scholar to see...

Double Standards Hot Topics Life

Missing the Point of the Protests?

PatrickDouble Standards Economy Speaking Out

I’ve been accused of missing the point of this whole “Occupy Wall Street” thing. And maybe I am. I posted on my Facebook page that something told me that if the people who were spending all their time at the tent city in protest of Corporate America would spend as...

Fun & Laughs Government Life

Maybe Steve Jobs Should Run in 2012

PatrickEconomy Election 2012 Government Humor

Apple Computer has more cash on hand than the United States government, according to a report from the BBC. The Treasury Department has $73.7 billion in its big safe, while Apple is sitting on $76.4 billion. Despite the recession, Apple’s profits are booming. That’s not particularly surprising, considering the company’s...

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