Harvard Business School has a blog called Financial Intelligence, where you can find this:
Annie Lowrey says that €4,000 is expensive, if you’re pricing out suicide, and is therefore available “only to the wealthy”. Seems positively cheap, to me. Most anyone can rustle up that kind of money somehow, especially if they’re safe in the knowledge that they’ll never need to pay it back. And it’s a good order of magnitude cheaper than dying in hospital.
Andrew Martin reports:
At Target, for example, interchange fees represent the second-largest store-level expense, behind payroll. The costs are similarly eye-popping at Home Depot, where officials say they top the price of health care insurance for employees. “The amount of money we’re spending on interchange would put 10 associates in each of our stores,” Dwaine Kimmet, vice president of financial services for Home Depot, said at a recent conference on credit card fees.
Andrew Baston reports on China’s 7.9% GDP growth in the second quarter:
China’s government only reports year-on-year growth estimates. But when measured in the same terms as other major economies—an annualized quarter-on-quarter comparison—China’s growth in the second quarter could be on the order of 15%, some private economists estimate.