Keyword: value
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DEERFIELD, Ill., May 2, 2011 /PRNewswire/ -- One hundred colleges and universities out of some 2,000 U.S. schools that offer four-year degrees have been ranked as the top values by Consumers Digest. The rankings are based on attributes that validate or define the institutions' academic prowess factored against annual cost of tuition, fees and room and board. Among 50 public institutions cited, Truman State University, Kirksville, Mo., ranked No. 1. Among 25 private institutions, Yale University took top honors. Among 25 private liberal-arts schools, Grove City College, Grove City, Pa., held the first slot. The rankings, published in CD's June...
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Believe it or not Ripley! The People’s Bank of China(PBOC) recommended yesterday that 1 billion Chinese consider buying gold as a hedge against inflation and to preserve values in a world where currencies can fall. The PBOC Financial Markets Review came out just as several major currencies were indeed declining in value against gold; the dollar,1%, the Swiss franc,2.5%, t he British pound, 2%, and the Japanese yen, 2%. Wow! Be like the Fed telling you to buy oil stocks or crude oil futures due to expectation higher gasoline prices this summer. So, add the PBOC to other secular influences...
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Gold rose to within $10 of a record high on Friday, closing out an unprecedented tenth annual gain as the combination of a weaker dollar and global economic uncertainty seemed to pave the way higher next year. The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise, in a broad commodities rally that pushed the 19-commodity Reuters-Jefferies CRB index up 15 percent. Spot silver, too, swept higher for an 83 percent gain on the year, as investors sought the white metal as an alternative to gold. It was the best-performing assets in the...
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The US dollar has hit a 15-year low against the yen after the G20 nations agreed to avoid a currency war. The weekend talks, in South Korea, saw the group of 20 major advanced and developing nations, agree to avoid competing to lower their currencies.
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In their latest Business Review, Harvard, that fashion-obsessed place a quick private plane ride north of us, had an analyst assess the monetary value Michelle Obama has on fashion labels she wears publicly. Apparently when Michelle wears something, that company's stock spikes upward. If it's not the label seeing a gain, stores that carry the labels, like Saks, stand to benefit. From November 2008 to December 2009, David Yermack counted that Michelle made 189 public appearances, and wore items by or sold at 29 publicly traded companies, including J.Crew, the Gap, Dillard's, and DSW.
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If you've recently had your house reappraised for sale or refinancing, and wonder where the equity went, consider this:Since the real estate boom ground to a painful close about 31/2 years ago, the nation's housing stock has shed from about $4 trillion to $7.1 trillion in value.The amount depends on who's counting. A study by Equifax Inc. and Moody's Analytics Inc. says the downturn began in early 2007 and cost $4 trillion through March. The Federal Reserve says the downturn began in the fourth quarter of 2006 and cost $7.1 trillion through March.
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The United States is headed into a very important election in November of 2010, if the political pollsters are to be believed. Americans, besieged by a weak dollar and an even weaker economy, are reassessing some of their most basic assumptions about how the country works. RealClearMarkets has recently published columns on the mistakes of the Bush Administration along with others calling for higher taxes to pay down the national debt. Important as these subjects may be, they are only symptoms of a much larger malady. The public is really scratching its head as long held assumptions prove to be...
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If there's one truism that goes virtually unchallenged these days, it's that a college degree has great value. Beyond the great books, beyond the critical reasoning skills, and beyond the experience itself, there's another way that a college degree has value: Over the course of a working life, college graduates earn more than high school graduates. Over the past decade, research estimates have pegged that figure at $900,00, $1.2 million, and $1.6 million. But new research suggests that the monetary value of a college degree may be vastly overblown. According to a study conducted by PayScale for Bloomberg Businessweek, the...
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WASHINGTON – President Barack Obama may end up playing a rather hands-off role in this fall's elections, a surprising turn for a political phenomenon who excited millions of voters just two years ago. Recent elections have tarnished Obama's luster a bit, and Democratic candidates are likely to be selective in seeking his help. Sen. Arlen Specter of Pennsylvania became the fourth Democrat in seven months to lose a high-profile race despite the president's active involvement. Specter's career-ending loss raises questions of whether Obama can transfer even small portions of the political charm that catapulted him to the White House. Campaign...
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Nearly a decade after the United States began to focus its military training and equipment purchases almost exclusively on the wars in Iraq and Afghanistan, U.S. military strategists are quietly shifting gears, saying that large-scale counterinsurgency efforts cost too much and last too long. The domestic economic crisis and the Obama administration's commitment to withdraw from Iraq and begin drawing down in Afghanistan next year are factors in the change. The biggest spur, however, is a growing recognition that large-scale counterinsurgency battles have high casualty rates for troops and civilians, eat up equipment that must be replaced and rarely end...
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Here is the current top ten list of the most expensive items to ever appear on the show ‘Antique Roadshow.’ These 'national treasures' are in the hands of some very lucky people. SEE TOP 10...
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Over the past several years, companies have increasingly spent their advertising and marketing dollars on search engines such as Google or Yahoo and social media outlets such as Facebook, Twitter and YouTube. But how much business do they actually bring into a company? And how can companies improve their online presence to generate more sales? Those questions have dominated the Online Marketing Summit, a four-day conference concluding today at Paradise Point Resort in Mission Bay. “What’s working in social media is that it’s a great way to engage your customers and have a real dialogue with them,” said Thad Kahlow,...
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WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner held out hope to Congress that a hefty investment to bail out insurer AIG (AIG.N) and avert its catastrophic failure will gain value as the economy improves. In prepared remarks for delivery on Wednesday to the U.S. House of Representatives Oversight and Government Reform Committee, Geithner defended the controversial 2008 rescue and said it was done solely to protect U.S. taxpayers' interests. ... The committee will question both Geithner and his predecessor as Treasury Secretary, Henry Paulson, about the AIG bailout that has stirred widespread anger and raised questions about Geithner's role in...
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Another huge value-de stroying hurricane is about to slam America, destroying billions of dollars of value. Another Katrina? No, another Christmas. This voluntary December calamity is explained in a darkly amusing little book about the size of an iPhone. "Scroogenomics: Why You Shouldn't Buy Presents for the Holidays" comes from a distinguished publisher, Princeton University Press, and an eminent author, Joel Waldfogel of the University of Pennsylvania's Wharton business school. He says that the crux of Yuletide economics, which common sense suggests and research confirms, is:
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In our American society, what a person finds important, of value, is vitally connected to what one’s society finds important. The safety of a nation is surely related to what it values. Good and healthy values maintain the existence of a nation. Our “UNALIENABLE RIGHTS. . . Life, Liberty and the pursuit of Happiness” are in jeopardy. They are not to be transferred to a new owner. “Righteousness exalteth a nation: but sin is a reproach to any people” (Proverbs 14:34). As our nation abandons its historic healthy foundation, it will be unable to survive the tests of rightness and...
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Despite signs that the real estate market is bottoming out, millions of homeowners are likely to find themselves in worse shape within the next two years. Nearly half of the nation’s 52 million mortgage borrowers will have negative equity by the end of the first quarter of 2011, up from the 14 million at the end of this year’s first quarter, according to estimates in an Aug. 5 report by Deutsche Bank (DB). With so many borrowers underwater – or owing more on their home than it’s worth – the risk is high that they’ll default and their homes will...
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Fiscal Policy: Given the number of new tax ideas making the rounds, you'd think we were in a rip-roaring expansion. But we're not, and new taxes are exactly the wrong thing to be proposing.In addition to kicking up taxes on the so-called wealthy, various members of the current administration seem to have lots of new ideas for separating Americans from their money. Ezekiel Emanuel, brother of Rahm Emanuel, President Obama's top aide, is health care adviser to Obama's budget director, Peter Orszag. He wants a 10% value-added tax (VAT), similar to the European Union's, to "pay" for health care reform....
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With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax. Common around the world, including in Europe, such a tax -- called a value-added tax, or VAT -- has not been seriously considered in the United States. But advocates say few other options can generate the kind of money the nation will need to avert fiscal calamity. At a White House conference earlier this year on the government's budget problems, a roomful of tax experts pleaded...
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by Gina L. DiorioNote: Yesterday marked the 149th anniversary of the publication of Charles Darwin's On the Origin of Species by Means of Natural Selection, or The Preservation of Favoured Races in the Struggle for Life – more commonly known as The Origin of Species. I wrote the following piece several years ago but believe this week in particular merits its reprint here. ***Revival of the Fittest: The Reestablishment of ManHumanity is in danger of extinction. Earth’s physical environment does not seek to destroy the human race; neither does any non-human species attempt to extinguish it. Rather, humanity presents...
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Steak or salmon? Try Big Mac or Gordita. The high-end restaurant business is bracing itself for a slowdown as customers opt to save instead of spend. That’s good news for fast-food chains like McDonald’s. In October, sales at the Golden Arches jumped 8.2% globally, thanks in part to their budget-friendly dollar menu. But how far can your dollar go when it comes to taste? We asked Zach Brooks, editor of SeriousEatsNewYork.com and founder of MidtownLunch.com, to taste-test the best deals at five fast-food chains with outlets throughout the five boroughs, and dish on his findings. KFC“I love fried chicken. The...
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