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Conventional wisdom says that if you want to be richer, a useful thing to do is get married. Life is cheaper when there's only one mortgage to pay and someone else can do certain tasks - cooking, say, or car repair - more efficiently than you. Research by Ohio State University's Jay Zagorsky shows that married baby boomers increase their wealth an average 16% a year, while those who are single increase their net worth at half that rate. (Read "Is There Hope for the American Marriage...
Boxing executives love to crow about the pay-per-view revenues a big fight delivers, but if you look at the numbers, it's plain to see that pay-per-view is killing boxing's cultural relevance. For example, the 2007 mega-fight between Oscar De La Hoya and Floyd Mayweather pulled in $136.6 million from pay-per-view. Yes, that's great business for the fighters, promoters, and HBO, which televised the bout. But consider: about 2.44 million households purchased that fight, a pay-per-view record. Know how many households watched WWE wrestling on the USA network...
...Wait, the boxing bigwigs tell you. Look at the total viewership figures. On average, they say, four to five people get together to watch a big pay-per-view fight in someone's living room, lowering the per-person cost for a $50 bout. Fine. Assuming that for every household that purchased De La Hoya-Mayweather, five people saw it, that's 12 million viewers - not bad. Yet, even by this optimistic measure, boxing's biggest event this decade still couldn't outdraw the audience for last week's New England Patriots-Buffalo Bills regular season game on ESPN, which...
...staging the Mayweather-Marquez bout in Las Vegas. "You know, the guy with his wife or girlfriend. Instead of going to watch a film, why not take in the fight?" Plus, some theaters are in urban areas where boxing fans are less likely to have home access to pay-per-view, and more appreciative of the cost to watch the fight: between $12-15 in the theater versus $50 on pay-per-view...
...Afghanistan. Current policy, however, mandates that their applications be processed within a 90-day period, and those who are granted asylum can apply for permanent humanitarian visas - not the temporary visas that Howard's government granted. Rudd also eradicated the much-maligned "detention bill" that detainees were forced to pay off at the end of their stay. (At a daily fee of $109, some detainees incurred bills of over $100,000 in the previous centers.) The Australian reports that since the beginning of 2009, 516 people have been granted permanent visas in Australia. Twenty one have had their applications rejected...