Word: moneyitis
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...Leno Show was exactly the wrong solution for NBC's problems, those problems remain real, and they are not only NBC's. DVRs and online media are still killing ad money, and audiences are still shrinking. There may not be room for three big networks programming three hours a night anymore...
...been seeing in the New York Times. The editors are probably stretched thin, I said; the Times just went through a big round of layoffs. That's terrible, she agreed. Anyway, she said, she was going to drop her weekday subscription. Why should she pay all that money and get typos...
Pawnshop companies make money by giving short-term loans to customers who offer jewelry, electronics, tools, musical instruments and other merchandise as collateral or by purchasing merchandise outright from customers at a steep discount. Loan terms are typically one to three months in length, with customers expected to cough up monthly storage and loan-servicing fees of 10% to 20% a month. If a customer fails to make a monthly payment, the pawnshop, following a grace period, can sell the item. (See the five big questions about retirement...
...Gold is an important input because most pawnshops make most of their money on jewelry," notes John Rowan, an analyst at Sidoti & Co. He says the three publicly traded pawnshop companies - Cash America International, EZCorp and First Cash Financial Services - generated earnings that outperformed many other companies in the financial-services sector over the past year and a half. "They didn't crater like other industries did throughout the recession," says Rowan...
Still, pawnshops have not been unscathed in the recession. With Americans cutting back on spending, many are requesting smaller loans, and others are spending less money buying items from pawnshops. This is expected to turn around as the economy starts to recover...