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What is a baseball player really worth? All about WAR
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What is a baseball player really worth? All about WAR

When we analyze the Kansas City Royals and San Francisco Giants — the two teams currently dueling in the 2014 World Series — it’s not too difficult to figure out their most valuable players. For Kansas City, Alex Gordon, Lorenzo Cain, Wade Davis and their entire bullpen come to mind; Buster Posey, Madison Bumgarner, Hunter […]

More Awesome Than Money, a book about a social network "failure"
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More Awesome Than Money, a book about a social network “failure”

Do you remember Diaspora? You might even still be a user. Maybe you donated to its wildly successful Kickstarter. Or sadly, you remember when one of its founders committee suicide. Diaspora was (and still is) a social media network that was supposed to out-Facebook Facebook. It promised to make coding public and keep your information […]

Must Read Money Stories Friday Oct, 24
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Must Read Money Stories Friday Oct, 24

The dominant online retail model takes a hit. Sure, sure, it’s earnings season, and every morning there’s a new quarterly report to digest, which may or may not have any impact on anyone’s lives beyond today. But the reaction to Amazon’s earnings yesterday is something worth watching. First, as the Wall Street Journal reports, it […]

The big jobs boost from America's airports
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The big jobs boost from America’s airports

 Nearly 500 U.S. commercial airports support 9.6 million jobs, create an annual payroll of $358 billion and produce an annual output of $1.1 trillion, according to a new report from Airports Council International-North America (ACI-NA). The economic impact study, The Economic Impact of Commercial Airports in 2013, analyzed contribution U.S. airports made to the nation’s […]

As smog increases, tourism to China drops
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As smog increases, tourism to China drops

You’ve all seen the pictures, like this one, of smog enveloping Beijing and other cities in China. And you’ve heard stories about how smog affected the recent Beijing marathon, causing some runners to drop out. (There’s some amazing video at the end of this story.) Now, there’s evidence that pollution is having an economic impact […]

Must Read Money Stories Thursday, Oct. 23
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Must Read Money Stories Thursday, Oct. 23

On Wednesday, a group of major companies pledged to offer their workers discounted solar systems. The New York Times reports that Cisco Systems, 3M, Kimberly-Clark and National Geographic will extend these solar benefits to its employees. Solar Community Initiative — a Geostellar program conceived by the World Wildlife Fund — will give more than 100,000 […]

Now taking off: new runways
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Now taking off: new runways

Runway construction is big business for the country’s airports, as both a driver of jobs and an economic impact.  Two cities recently opened new runways that both claim will be a benefit to travelers and the local community. Fort Lauderdale-Hollywood International Airport in Florida recently opened the $719 million, 8,000-foot South Runway, built to help […]

Must Read Money Stories Wednesday, Oct. 22
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Must Read Money Stories Wednesday, Oct. 22

Low credit? You’ll pay more. The New York Times reports this morning that several states have recently passed laws allowing higher interest rates and fees on customers with low credit scores. The states include Missouri, Kentucky, Arizona, Indiana, Florida and North Carolina. In North Carolina, higher fees and rates were initially opposed by an unlikely […]

How big spending on campaign ads affects the economy
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How big spending on campaign ads affects the economy

Less than a month before Election Day, campaigns across the country are dialing up their last-minute efforts to win voters. Especially in battleground states, get-out-the-vote measures are saturating the airwaves with campaign advertising, and those ads don’t come cheap. This cycle, candidates for the U.S. House have already racked up total election-year spending of more […]