Subscription Options:

Subscribe via RSS

Airline offers $12 flights from Boston to New York City…and it will drive you to your Times Square hotel for free

Trying to cash in on the end of the busy holiday season, one airline is promoting flights from Boston to New York for only $12.

The limited offer, which so far almost 10,000 people have taken up airline Cape Air on is based on a way way flight and is an attempt to qualify for a federal grant to transform Lebanon Airport in New Hampshire.

What the airline and Cape Air are [...]

Skier rides avalanche to safety; 3 others killed in WA

Three experienced skiers and a snowboarder were killed in separate avalanches around noon Sunday — one in an out-of-bounds area at the Stevens Pass ski resort and the other in or near an out-of-bounds area at Alpental near Snoqualmie Pass.

ERIKA SCHULTZ / THE SEATTLE TIMES

Ajai Sehgal, with King County Search and Rescue, works at a staging area near Stevens Pass ski resort.

By Brian M. Rosenthal, Craig Welch, Mike Lindblom and Lark Turner

Seattle Times staff reporters

STEVENS [...]

CalHFA wants to foreclose on owners renting out homes

As if California’s foreclosure problems weren’t enough, a state Senate panel claimed Monday that the California Housing Finance Agency is forcing some borrowers who have rented out their homes into foreclosure even when they are current on their payments.

The agency is considered the state’s “affordable housing bank.”

Its officials claim the agency has no choice because its federally backed programs, which give borrowers lower mortgage rates than they get on the [...]

More states crack down on texting while driving

Thirty-four states plus the District of Columbia have text-messaging bans. In 31 states and D.C., it is a primary offense, meaning drivers can be pulled over specifically for texting.
Police nationwide are issuing a growing number of tickets for texting while driving as more states make the practice a primary offense and become aggressive in cracking down.

Governors Highway Safety Association (GHSA) spokesman Jonathan Adkins says [...]

Marriage costs much less than getting divorce with kids

U.S. couples living together and getting choosier about their prospective spouses is leading more people to delay marriage.

Almost 47 percent of women from 25 to 29 had never been married in 2009, almost double the 26 percent reported in 1986, according to a Census Bureau report released today.

Based on a survey taken since 1986, the increase in the age of couples at their first marriage is “one of the most [...]

John Hussman: Things I Believe

by John P. Hussman, Ph.D.

1) Investors dangerously underestimate the risk of an abrupt and possibly severe equity market plunge

Look back over history at points in time where stocks were trading at a rich multiple to normalized earnings (the Shiller multiple is a useful gauge here, as forward operating and price/peak earnings are both corrupted by profit margins that are about 50% above their historic norms). Combine [...]