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...another explanation for Land of the Lost's becoming the season's first pricey roadkill. After Night at the Museum 2 and Up, it was the third consecutive action comedy with at least one prehistoric beast. In two weeks, Jack Black and Michael Cera will play the dino-comedy card again with Year One. Sony, the film's distributor, might want to reposition Year One's marketing to emphasize its pedigree as a Judd Apatow comedy (from which The Hangover was clearly spawned), and to sell the primitive wilderness that Black and Cera wander through as Vegas without the neon...
...turns out that letting me vote on stuff is a bad idea, for much the same reason that giving me a credit card was a bad idea: I love stuff and hate paying for it. And it turns out there are a lot of people just like me. On May 19, California voters knocked down all five of the budget-cutting and tax-raising propositions designed to save the state budget from being $21 billion short. We already had the worst credit rating of any state. Which means that if states were people, California would be Ed McMahon...
...already starting to inch in that direction. Speaking at an investor conference, he said that thus-far unreleased results of the company's monthly spending survey indicate that while people were still spending less, the rate of decline has slowed. MasterCard runs the systems that process credit- and debit-card transactions and can therefore provide a more timely read on the economy than official government statistics...
...June 4 report from Fitch Ratings provides another glimmer of stability. The company's measure of credit-card late payments fell in May, after four straight months of record highs. The rate, though, was still 40% higher than a year before, and credit-card charge-offs which happen when a lender gives up on ever being repaid did continue to rise. Fitch analysts have anticipated that eventually one out of every ten dollars in credit-card debt will be written off this way, although the drop in delinquencies may indicate that people are getting a handle on their finances more...
...habits. Then Acxiom digs into it own database, one of the most formidable collections of consumer data in the world. (A Fortune magazine headline once read, "Never Heard of Acxiom? Chances Are It's Heard of You.") Acxiom tracks some 128 million households, compiling data on everything from credit-card transactions to newspaper subscriptions. Some 1,500 data fields go into the computer model, and out comes an opinion about who you are and what you're likely to do with your money. (See 10 things to buy during the recession...