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The survey found that over the course of one generation (25 years), roughly 22% of families who centrally managed their assets lost a substantial portion of their assets. During the same period, about 60% of families who managed their assets
The opportunity cost of a decision is the value (benefit) of the next-best alternative...When you go to the Clapton concert you forgo the $50 of benefit you would have received from going to the Dylan concert...You also forgo the $40 of cost, so the
To mark the occasion, economist and blogger Craig Newmark and AEI's Mark Perry dug up a speech given by Nobel economist Thomas Sargent to graduates of Cal-Berkeley in 2007. It's only 335 words long. But it's really great. It breaks down the 12
Media playback is unsupported on your device China's economic reform could slow growth 16 April 2014 Last updated at 01:07 BST China's economic reform agenda could slow growth on the mainland, and first quarter gross domestic product (GDP) due
Markets A trader works on the floor of the New York Stock Exchange, Friday, March 21, 2014. AP Photo Investing Investors whacked biotech and tech stocks leading the Nasdaq to its deepest percentage slump since November 2011 and the broader market
Delivering an update to investors on its Australian insurance operations, IAG said it expected to achieve its guidance for the year to June 30, despite relatively flat growth in the Australia Direct business. The company also expects to achieve a
The fatal flaw of loyalty programs. The average American belongs to 18 different loyalty programs, and yet 77 percent of loyalty programs that focus on awards alone are failing within the first two years. The root of this problem is that there's a
Sundararajan said the company had been able to achieve relatively stable and competitive cost of funds from a range of sources, despite the difficult conditions in the economy. File Photo Shriram City Union Finance will hit the debt market with Rs...
Daily rates increased four per cent to Dh1,089.82 Dubai hotels registered average growth of 2.8 per cent in terms of revenue per available room (RevPAR) in March 2014, said STR Global, which tracks supply and demand data for the hotel industry.
plummeted more than 20% Friday after the company turned in mixed fourth-quarter results. So what: Quarterly revenue rose 126% year over year, to $67.9 million, which translated to 20.8% growth in adjusted net income, to $14.9 million, or $0.22 per