The bottom line
Homeowners pay off principal; iPad's gross profit margin; Westminster Kennel Club's high fees; Jersey Shore a boon to Viacom; Lopsided wireless usage at AT&T
Homeowners pay off principal
Homeowners’ net equity in their residences increased by nearly $1 trillion from the beginning of 2009 through Sept. 30, as real estate prices crept upward and homeowners paid off principal, according to the Federal Reserve. Some of the largest increases in equity occurred in cities hit hardest by the real estate decline, including Phoenix, Ann Arbor, Mich., and Riverside, Calif.
Los Angeles Times
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.
iPad's gross profit margin
The components in Apple’s cheapest iPad tablet computer cost an estimated $229.05. The device will retail for $499 when it goes on sale in March, giving Apple a gross profit margin of 54 percent. Typical gross profit margins in the industry range from 15 percent to 25 percent.
BusinessWeek
Westminster Kennel Club's high fees
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
The typical owner of a highly ranked show dog paid an estimated $300,000 to compete at this year’s Westminster Kennel Club dog show in New York City. That sum includes fees for dog handlers and travel to dozens of other dog shows leading up to the big event.
The New York Times
Jersey Shore a boon to Viacom
After shrinking 4 percent in 2009, media giant Viacom’s ad revenue is poised to grow in 2010, thanks largely to the hit reality-TV show Jersey Shore. The show is credited with increasing Viacom-owned MTV’s viewership 18 percent this year.
The Wall Street Journal
Lopsided wireless usage at AT&T
Forty percent of AT&T’s wireless-broadband capacity is taken up by just 3 percent of the network’s users.
The Economist
Create an account with the same email registered to your subscription to unlock access.
-
Kamala Harris' 'pragmatic' plan for the economy
The Explainer Tax credits for manufacturing, small businesses, affordable housing
By Joel Mathis, The Week US Published
-
TV to watch in October, from 'Disclaimer' and 'The Franchise'
The Week Recommends An HBO comedy from the 'Veep' creator, a mystery from master filmmaker Alfonso Cuarón and a reboot of an '80s classic
By Anya Jaremko-Greenwold, The Week US Published
-
Is death a thing of the past?
Under The Radar Scientists discover multicellular life forms emerging from the cells of dead organisms, raising profound ethical questions
By Chas Newkey-Burden, The Week UK Published
-
The bottom line
feature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
By The Week Staff Last updated
-
The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
By The Week Staff Last updated
-
The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
By The Week Staff Last updated
-
The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
By The Week Staff Last updated
-
The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
By The Week Staff Last updated
-
The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
By The Week Staff Last updated
-
The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
By The Week Staff Last updated
-
The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie
By The Week Staff Last updated