Archive for November 2013
The Burden Of Debt
An RBC survey showed that average non-mortgage debt has increased again this past year by an average of 21% or almost $2,800 for a total consumer debt load of nearly $16,000. Some reasons are given, such as lagging job growth and incomes only rising moderately, but the actuality is that people are still spending beyond…
Read MoreWould You Buy Your Groceries Online?
Amazon, the online retail giant, started selling groceries on its website last week. The line-up consists of over 15,000 non-perishable grocery and gourmet food items, including well-known brands such as Kellogg’s, Pepsi, Campbell’s, and Knorr. At first glance, it’s difficult to see how Amazon can compete on price once they factor in the cost of…
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