Word: spending
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...report, released Thursday by a coalition of retailers, supermarkets, drugstores and other businesses, found that Americans currently pay about $2 in "interchange" fees for every $100 they spend using credit cards. The fee is actually paid by retailers, though consumers feel it in a higher retail price. This rate is twice that charged in the U.K. and New Zealand, four times the rate levied in Australia and more than six times the cross-border rate charged in the European Union, the study says. (Read a brief history of credit cards...
Basically, fashion designers spend large sums of money - the average runway show costs around $40,000 - to show off clothing they don't expect anyone to buy. But runway shows aren't intended to sell individual items; they're about publicity, prestige and the overall feel of a designer's collection. Every seasonal collection has a theme - nautical, rustic, Victorian, gingham, clowns - that is later translated into more wearable items sold in boutiques and department stores. The colors, fabrics and overall aesthetic will remain true to the collection, but most of the more bizarre features - like the time Isaac Mizrahi...
...human history. We became nomadic geographically, as well as morally, religiously and ethically. And after all that happened, there was a second sort of seismic change, instituted by the technological revolution at the turn of the century. It's changed the pace and cadence of our days dramatically. We spend much more time with screens and electronic devices and mediated contacts than we do in face-to-face contact with other human beings...
...real world, the financial crisis has depleted the value of the endowment, leaving us with less income to fund operations this year and for years to come. So what’s the answer? As I mentioned, one answer is to spend more from the endowment—to thin the herd—so that we can bridge the gap between annual income and annual expenses...
...leave it hanging sometimes. FM: Can you ever rock a dorm t-shirt out, at night? el Habashy: You can rock anything. FM: Where do you get a quick fashion fix in the Square? Baird: Second Time Around. Dagogo-Jack: When I have an itch to spend money I like to go to J. Press and buy one of their watch bands. They’re pretty awesome. el Habashy: Oona’sLonergan: The Tannery and Mint Julep. Polino: J. Press.FM: It’s a recession. Can you tell us how to shop our closet?Dagogo-Jack...