Dynamic pricing, long the norm for airline tickets — the same computer-generated practice responsible for hour-to-hour price shifts for hotel rooms and goods sold on Amazon.com — has come to bear on the nation's housing markets. Day-to-day increases and decreases, worth hundreds of dollars, are not out of the ordinary in many rental markets. Society …
Continue reading Early Signs of a Rental Market Bubble: “Grab That Apartment Before the Rent Spikes”
She's the world's wealthiest woman you've never heard of and she's saying something you probably wish you hadn't: "Gina Rinehart, world's richest woman, makes case for $2-a-day pay",the Los Angeles Times reports. The Australian mining heiress has a problem. The cost of running a mining operation in Australia cannot compete with Africans willing to work …
Continue reading Coming Soon? Brace for 80% Less Salary or $2-a-Day Pay
Over the past 40-some years the U.S. economy has become largely service based. At more than $40 trillion in debt with about $1T added every 100 days, it's instructive to look back on how many earlier financial warnings we ignored.