Baseball has long celebrated cheating, but electronic cheating just sent a former team front-office worker to prison for nearly four years. Former St. Louis Cardinals scouting director Chris Correa, who earlier pled guilty to using old passwords to access a former team’s scouting database, was sentenced to 46 months in jail on Monday. Correa broke [Keep reading]
Rana Foroohar’s new book, Makers and Takers, is a first-class takedown of the way many American firms make money today. The book’s subtitle – The Rise of Finance and the Fall of American Business – lays out the sad paradox. Some people make money by making things. Others make money [Keep reading]
When I started researching age discrimination earlier this year, I thought I understood the problem fairly well. I had no idea. I had no idea how much the law favors corporations trying to dump older workers; and I had no idea how much casual age discrimination exists. I knew you [Keep reading]
There’s been a scary increase in successful ransomware attacks against large organizations this year. Specifically, hospitals have found themselves at the mercy of hackers who demand ransom payments to unlock critical system files. Recently, there have been signs that these criminals have moved on to universities, too. The University of Calgary [Keep reading]
Does being surrounded by people in debt make you more likely to land in debt? That’s one of the provocative questions posed by a new Urban Institute report that examines possible links between geography, neighborhood characteristics and unpaid bills. While one-third of Americans have a debt in collections on their [Keep reading]
It’s a struggle as old as air travel itself: Do I book this plane ticket now with my plans still in flux, or do I wait and risk prices skyrocketing? Airline travelers wrestling with this do-I-or-don’t-I dilemma have a new service at their disposal. For a few dollars, they can [Keep reading]
You may have heard some buzz recently about first-time home buyers, with millennials sitting on the sidelines instead of jumping into the housing market. Well, it’s not just them. Basically, Americans in every age group under 65 are showing historic reluctance to own homes, according to an email from Ellyn [Keep reading]
By Dan Maccarone and Bob Sullivan The voice is soothing, even sultry, as it cuts through the otherwise empty, black night. “Overnight, under the covers,” he says, the bass in his voice turned up almost to Barry White levels. He invites himself into bed with you. “Me here, you there.” [Keep reading]
There’s been a lot of talk lately about why first-time home buyers are sitting on the sidelines. Here’s some data that may help explain why: Low-cost starter homes are simply disappearing from the market, and the ones that still exist are being gobbled up by investors and turned into rentals [Keep reading]
WASHINGTON D.C. — Here are my prepared remarks from this Wednesday’s Consumer Federation of America awards banquet. There is no video, so I’ve matched an audio file with a few images. I’m sorry the audio isn’t great — it’s from Michael Shreiber’s iPhone — so if it’s too hard to hear, [Keep reading]
Bob Sullivan