Economics

Mooncakes Are China’s Fruit Cake—Traditional Holiday Gifts No One Actually Wants

Last year, China threw away 2 million of them

For $100,000, You Can Have the Most Valuable Pokemon Card Ever

This is by far the most anyone has asked for a trading card like this

Strikes began in July in New York, and have now spread to the South.

Why It’s a Big Deal That Fast Food Strikes Have Spread to the South

Fast food workers are asking for more money and to unionize, something that's unusual to see in the South

The Housing Bubble’s Latest Victims Are Doomed Desert Tortoises

The Bureau of Land Management funded the center through mandatory fees for housing developers, but money dried up after the housing bubble burst

Muriel Siebert, First Woman With a Seat on the Stock Exchange, Dies at Age 80

Siebert bought her seat in 1967, but she remained the only woman on the exchange for almost 10 years after that

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Tutors in South Korea, Paid According to Popular Demand, Can Earn Millions

South Korea has made a free market based around demand for a particular teacher's skills, not a company's logo

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Oil May Finally Be Hitting Its Peak

Oil consumption may be nearing its peak

Japanese Traders Believe Showings of Studio Ghibli Movies Augur Terrible Job Numbers

When beloved films like Spirited Away, Princess Mononoke or My Neighbor Totoro air on television, the traders know to gear up for a loss

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Sail-Powered Ships Are Making a Comeback

New pressures have engineers turning to old ideas, and Rolls-Royce is working on a sailing ship

Jane Austen on the British £10 note.

New British £10 Note Will Feature Jane Austen

Jane Austen's smiling face will be on British currency starting around 2017

Etsy Has Banned Sales of Protected Animals’ Fur, Bones, Teeth And Bodies

Conservation groups are hoping that, with Etsy and Ebay on board, other sites such as Craigslist, Bonanza and Google Shop will follow suit

Americans’ Love of Driving Was Fading Even Before the Economy Crashed

This is good news for both the country and the planet, since less driving means less dependence on fossil fuels and a reduction in greenhouse gas emissions

Monsanto has faced strong criticisms and protests worldwide.

Monsanto Is Giving Up on GMOs in Europe

Facing a strong public disapproval, Monsanto gave up trying to grow genetically modified crops in Europe

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Small Universities Are Saving Funds And Pooling Resources by Merging

Schools that have merged enjoy perks such as new joint degree programs, more options for specialized majors, higher state rankings and reduced costs

How Other Cities Avoided Detroit’s Fate

Many places manage to avoid actually filing for bankruptcy, despite being in dire straits

All things you can buy on Instagram.

Entrepreneurs Are Using Instagram to Sell Everything From Sweaters to Sheep

Instead of logging onto Amazon or hitting the mall, maybe the next time you need a sheep or a sweater, you should check Instagram

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You’re Not Supposed to Mine the Grand Canyon, So Why Are These Miners Digging Up Uranium?

There are four mines still turning out ore near the Grand Canyon

27 Years Later, Radiation Still Hides Out in Chernobyl’s Trees (Fukushima’s Too)

Trapped in the trees, radiation from Chernobyl could be re-released with a forest fire

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Where in the World Will the Fracking Boom Visit Next?

Fracking has reshaped American drilling, and shale gas stores are popping up all over the world

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Where Will Japan Get Wheat Now That It’s Rejecting America’s GMO-Tainted Crops?

Worried about genetically modified wheat found in the U.S. supply, countries are suspending their imports of U.S. wheat

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