Best Business Commentary
Forget parking all your money in one bank, says Jonathan Clements in The Wall Street Journal. Fashion designers are taking a hit from knockoffs, says Gioia Diliberto in the Los Angeles Times, but piracy is necessary for their survival.
Milking the banks
Forget parking all your money in one bank, says Jonathan Clements in The Wall Street Journal. For optimal “cash management, 2007-style,” you’ll want to “cherry-pick” the best accounts from different banks. The goal is “sidestepping fees, piling up credit-card rewards, earning extra interest, and building a great credit score.” First, look for a “no-fee, no-interest checking account” with no minimum balance. Next, pick a savings account that offers 4 to 5 percent interest. Finally, carefully choose a no-fee credit card that offers cash back or other rewards. But “be careful not to overspend” -- the charges will wipe out your work.
Fashion’s knockoff paradox
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Fashion designers are taking a hit from knockoffs, says Gioia Diliberto in the Los Angeles Times, but piracy is necessary for their survival. It speeds up the fashion cycle. This “piracy paradox” isn’t stopping U.S. designers from pushing a bill that would give “original” designs “the same legal protection that writers have for their books,” but that would be counterproductive. Are courts really equipped to judge if “a neckline or a hem is original?” Regardless, “it seems absurd to copyright any dress that doesn’t have a novel printed on it.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Create an account with the same email registered to your subscription to unlock access.
-
'Make legal immigration a more plausible option'
Instant Opinion Opinion, comment and editorials of the day
By Harold Maass, The Week US Published
-
LA-to-Las Vegas high-speed rail line breaks ground
Speed Read The railway will be ready as soon as 2028
By Peter Weber, The Week US Published
-
Israel's military intelligence chief resigns
Speed Read Maj. Gen. Aharon Haliva is the first leader to quit for failing to prevent the Hamas attack in October
By Justin Klawans, The Week US Published