New Fast Food Products Get Tested First In Columbus, Ohio. Provided by The Business Insider's Karlee Weinmann and Aimee Groth It's a microcosm of the nation Companies that can afford to test regionally often seek out cities with populations that are reflective of the greater U.S., or whose consumer habits match the broader market.
"There's a reason Middle America is called 'Middle America,'" Wendy's spokesman Denny Lynch told Nation's Restaurant News. "Columbus is very representative of American demographics. " Median household income levels in Ohio and in the U.S. overall fall between $45,000 and $50,000, and until recently, racial demographics were more closely aligned. It's a college town — which means there are tons of young customers who are setting trends Several colleges and universities call Columbus home, including Ohio State University.
Gold price hits record at $1,600 on debt uncertainty. 19 July 2011Last updated at 11:03 ET Gold prices have been rising because of continued concerns over Europe's debt crisis The price of gold has hit a new record price of $1,610 an ounce as debt worries in the US and Europe have intensified.
It climbed above $1,600 for the first time on Monday, capping a record-breaking rally of 11 days of gains. Gold is considered a safe investment and usually gains at times of global economic uncertainty. But Spanish and Italian bond yields eased and banking shares rose, reversing large falls seen on Monday. Government borrowing costs are continuing to rise, though. On the 12-month bonds, the average rate soared to 3.7% from 2.7% at the last such auction on 14 June. Bank rises. What's The Most Versatile Degree? By Chris Kyle Forget about skinny jeans.
The most popular accessory in school these days is a business degree. Over 300,000 students graduated with a bachelor's in business in 2008, according to the National Center for Education Statistics. That's more degrees than social sciences, history and health sciences, combined, according to the "Digest of Education Statistics, 2009" report. Click to Find Online or Local Business Schools Business is a popular degree with employers too. "In general, the average employer views business majors as very solid job candidates, thanks to their broad-based education and business know-how," writes Kate Walsh in her book "What Can You Do With A Major In Business: Real People.
Cities with the Most Billionaires, 2011. When the U.S. economy was riding high for most of the 20th century, it would have been impossible to imagine a foreign city--especially one in a Communist country--with more of the planet's very richest than New York, home of old-money Wall Street.
But that indeed is the case. Today Moscow is the city with the most billionaire residents in the world. The Russian capital boasts 79 billionaires, a stunning increase of 21 in just one year. That more than edges out No. 2 New York, with 59 billionaires, and No. 3 London with 41. Other cities in the top 15 include such rising stars as Mumbai, Taipei, Sao Paolo and Istanbul. Shutting-kids-out-family-fortune-wsj: Personal Finance News from Yahoo! Finance. Want to avoid raising spoiled kids?
Consider the Wellington Burt School of Wealthy Parenting. Class-built-apps-fortunes-nytimes: Personal Finance News from Yahoo! Finance. According to a 2010 Accountemps survey, 28% of executives say the resume is where most job seekers make mistakes in the application process.
But what exactly constitutes a mistake? We talked with career coaches and resume writers to find ten gaffes that will guarantee that your resume never makes it past round one. How-to-make-1-million-before-you-graduate: Personal Finance News from Yahoo! Finance. These entrepreneurs, interviewed by Forbes over the last three years, started launching businesses by the tender age of 9.
Some of them identified problems and created companies to solve them, while others turned their hobbies into money-making ventures. Some teamed up with friends, parents and mentors; others plowed ahead on their own. To qualify for this round-up, the kids had to have cracked $1 million in revenue before college graduation and by age 22 (or be on track to do so), or had to have received funding that valued their operations at $1 million or more. Autocricket In the summer of 2008, after his high school graduation, Jason Brian started working in the marketing department of a South Florida car dealership. Collges-that-bring-the-highest-paycheck: Personal Finance News from Yahoo! Finance. By the time football fans hit their remote's power button, watch a play or criticize a commercial on Super Bowl Sunday, they've already invested millions in the game.
Last year, according to Nielsen ratings, an estimated 153.4 million Americans watched part or all of the New Orleans Saints' victory over the Indianapolis Colts in Super Bowl XLIV, with the National Retail Federation estimating they spent $8.9 billion on the game. With 13.8% of those watchers hosting Super Bowl parties and another 25.6% attending them, the cost of snacks, drinks, apparel and even new televisions — which the NRF says 3.6 million Americans bought last year, despite spending almost 10% less on everything else — adds up quicker than rushing yards against a banged-up defensive line.
TheStreet took a look at pregame Super Bowl spending and found four areas Americans cherish more than an extra set of downs for the team they picked in the office pool. Pizza Delivery Snacks Sports Apparel. Products-under-$5-that-made-millions: Personal Finance News from Yahoo! Finance. America is the country of innovation and inventions, big and small.
But what about those smallest, least expensive of inventions? Here are seven products under five dollars that made a million -- and in some cases, a lot more than that. Top-paying-companies: Personal Finance News from Yahoo! Finance. Want to build some wealth in 2011?
8 Ridiculous Ideas That Made People Ridiculously Rich - Yahoo! Provided by the Business Insider's Alyson Shontell Everyone has million dollar ideas, but people rarely act on them. For entrepreneurs, one good idea can provide an extraordinary amount of hope. Even though the chances of success are minimal, these ideas give people something to aspire to greater than a boring cubicle and a nagging boss.
Not to mention, these ideas make some people obscenely loaded.