The Fed Hysteria? Tune It Out
One of the silliest things I’ve seen in years is the obsession about what the Federal Reserve would or wouldn’t do about interest rates on Thursday. You can see why it makes sense for business-TV networks and bloggers and supposed experts to hold forth for days and days and at high volume about the Fed. That allows them to attract more eyeballs and attention, which is what they live to do. But it makes no sense for average retail...
Butter Industry-Funded Study Finds Out Butter Is Bad for You
Last month, something unusual happened in the food industry. The Danish Dairy Research Foundation, likely in hopes of boosting butter’s regard, funded a study about the popular lipid. But when the research was delivered, it didn’t exactly paint butter in a favorable light. The study’s findings, published in the American Journal of Clinical Nutrition, established that even moderate levels of butter consumption could result in higher...
How to Avoid Scam Hotel Bookings
Pay attention or pay the price. That’s the bottom line on an online hotel-booking scam that’s recently caught the attention of a U.S. senator who has asked the Federal Trade Commission to look into these insidious schemes. This isn’t a new hoax, but it has recently come to the attention of Sen. Chuck Grassley, R-Iowa, who has expressed his concerns in a letter to the FTC. In it, he noted that duplicitous third-party booking sites,...
