Word: amounting
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...going back over my list of March spending to see where all the money went. Already, I'm wondering why I have a cell-phone plan with so many minutes and long-distance service on my home phone. I still eat out a fair amount. Alcohol and desserts, I am being reminded, are pricey. My biggest nonrent expense by far, though, is travel. It all seems justified: twice to Pittsburgh to help my grandmother pack up her house and move, once to Miami for a good friend's 30th birthday. But it adds...
...largest banks, prompted a $30 billion government bailout last fall and triggered the biggest annual loss in U.K. corporate history. "We are angry," a group claiming responsibility for the attack wrote in an e-mail to an Edinburgh newspaper, "that rich people, like him, are paying themselves a huge amount of money and living in luxury, while ordinary people are made unemployed, destitute and homeless. Bank bosses should be jailed. This is just the beginning." (See pictures of the financial crisis in London...
...Journal of Consumer Research, shoppers are less likely to spend their dough if they are carrying cash in large denominations. This so-called denomination effect can be a powerful predictor of consumer spending habits. Through a series of experiments, the study shows that if people have an equivalent amount of money, say $100, the folks with a Ben Franklin in their pockets might not part with it, while those carrying Andrew Jacksons and George Washingtons more easily give up the cash. (See the worst business deals...
...State Department did not respond to requests for comment. But it announced a $5 million reward for information leading to the location or capture of Haqqani's son Sirajuddin. A similar amount is being offered for information on Pakistani Taliban commander Baitullah Mehsud, and a $1 million bounty for information on al-Qaeda propagandist Abu Yahya al-Libi. (Rank Baitullah Mehsud and others in this year's TIME 100 poll...
...decision to "dollarize" Zimbabwe's economy, one of the first acts of the new unity government (including erstwhile enemies President Robert Mugabe and Prime Minister Morgan Tsvangirai), has brought a small amount of stability to the economically ruined country. All civil servants now earn a monthly salary of U.S. $100, while shops and banks accept dollars and rands. (See pictures of Mugabe's reign...