Psychologists and economists have a lot to say about the perception of luxury and how the price tag on an item affects how we use it. However, all of this comes down to one important question: is a $27 bottle of nail polish really better than a $2 bottle of nail polish? Our fast-drying, long-wearing colleagues down the hall at Consumer Reports performed some tests. The answer will not surprise you. [More]
Imagine trying to buy a book from Big Generic Bookstore and watching the cashier add $5 to the sticker price. “What are you doing?!” you cry out, waving a fist menacingly at him. “You look like you can afford it,” he says back to you with a hint of entitltement. That’s basically what a publishing industry expert said in a piece he wrote last week about ebook pricing. [More]
Kelley Blue Book says that they’ve commissioned a new survey showing that consumers who were considering a Toyota before the recall party started are now much less interested — and the effect seems to be growing. As each week passes and Toyota recalls more cars, people are thinking about buying… Fords? [More]
I asked Apple this morning to replace my broken laptop now that they’ve reintroduced the anti-glare option on their 15″ MacBook Pros. Apple agreed, and soon a new laptop will leave China destined for my apartment. This isn’t the first laptop Apple sent me this month. It’s the second. Here’s why…
Feeling poorer lately? You are! A new government report says that $1.3 trillion dollars of American wealth was vaporized in the first quarter of 2009.
If you’re one of the like, 6 people who are buying new cars this year, you’re probably looking to get the most for your money. Our sister-publication Consumer Reports took a look at this year’s cars in a new way — judging them based not only on their test results but on their total cost of ownership. Let’s take a look.
Starting next month, you might see TV spots advertising Dairy Queen‘s new “Sweet Deal” menu, which is supposed to be a value-priced alternative to their regular menu. They’re already rolling it out, and at least one item on the menu will actually cost you about 8% more than it used to.
Gone are the days of pushing “premium” food offerings, says the Wall Street Journal– big food manufacturers like Kraft and Campbell are going to be pushing “cheap” foods like tomato soup and cheese singles — foods which are thought of as “easy on the wallet” but are still hugely profitable for the manufacturers.
If you have an open home equity line of credit you were counting on for renovations or other projects, you might want to read CNN Money’s article about how lenders are freezing them around the country. The main triggers for HELOC freezing are credit score changes and a rapid drop in home value in your area. The freeze may also be a computer-determined action, so if your HELOC suddenly goes away and you don’t think it was justified, it may be worth checking your FICO score and then contacting the lender to reopen the line or renegotiate it.
That $1,500 Prada bag may have been stitched by an illegal Chinese immigrant slaving away in a Tuscan factory. The tentacles of globalization are starting to snake dirt-cheap foreign laborers into once-protected enclaves known for their quality swag.
According to the Associated Press the U.S. Dollar and the Canadian Dollar have reached parity for the first time since 1976, although Google is currently claiming that the ratio is 1 Canadian dollar = 0.987069 U.S. dollars. Fun!
Hey! That old garage could be worth money! If you’re like most American homeowners, you fill your garage with crap and let your car sit out in the rain. This is stupid. Stop doing this. By cleaning up your garage and making it into a useful space, you can increase the value of your home and protect the value of your car. (Psst, a good garage can add 14% to the value of your home, according to Bankrate.)
- The menu will feature 10 offerings with prices beginning at $1, including French toast sticks, a sausage biscuit, hash browns, cinnamon buns, coffee, milk, soda, orange juice and a new Hamlette sandwich, made with ham, cheese and egg.