Today in the city Woodland Park 22.09.2017
Memo to economists defending price-gouging in a disaster: It's still wrong, morally and economically

As surely as flooding disasters like Hurrricane Harvey are followed by health concerns and homelessness, they’re followed by calls to legalize price-gouging. And sure enough, the waters were still ris...

Price gouging during Hurricane Harvey: Up to $99 for a case of water, Texas AG says

There have already been more than 500 complaints about price gouging during Hurricane Harvey over the weekend, Texas Attorney General Ken Paxton said.

Sony Reduces PlayStation VR Price by $50

Sony is the latest company to reduce the price of its virtual reality (VR) headset before the holiday season: Sony’s PlayStation VR will sell bundled with the PlayStation Camera for $399 startin...

Uber’s new CEO comes with a $180 million price tag (EXPE)

Uber’s new CEO, Dara Khosrowshahi, likely comes with a hefty price tag that could top $200 million thanks to unvested stock options from his previous gig. In order to fill the months-old leaders...

CA Lawmakers Creating Due Process Concerns, Group Claims

The leader of a California legal reform group sees “situational due process” as a growing concern in Sacramento.

Mayweather vs. McGregor Results: Prize Money Payouts and Reliving Top Highlights

Floyd Mayweather Jr. and Conor McGregor did exactly what they set out to do on Saturday night: Entertain fans and make mountains of money while doing so.  In the end, the man they call Money walk...

US Open Tennis 2017 Prize Money: Complete Purse and Earnings from New York

Titles and trophies are great and all, but let's face it: The top tennis players in the world participate in Grand Slam events to score the sport's biggest paydays.  To that end, the 2017 U.S. Op...

Watch: FEMA holds press conference to discuss Harvey rescue and recovery efforts

The Federal Emergency Management Agency holds a press conference to discuss the latest information on the government's rescue and recovery efforts in the wake of Hurricane Harvey.

Brazil's Woes Multiply as Manufacturers Move to Paraguay

Paraguay has attracted scores of foreign factories, as predominantly Brazilian companies respond to new incentives by flocking there to make everything from toys to motor scooters for export.

Hurricane Harvey Is When We Need Price Gouging, Not Laws Against It

Price gouging is the market's get out of jail free card in the wake of a disaster, bringing supply and demand into accord--yet we try our damnedest to imprison people for employing our most effective...

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