Go Gold or Go Home: Apple Appeals to Greater China

Apple’s release of the gold iPhone primarily sought to satisfy markets in China. While the average consumer in other countries might observe a gold iPhone as excessive, “smart observers identified it as a play for the Chinese consumer,” according to a Quartz article. “A big reason for why we released the gold iPhone was because … Continue reading Go Gold or Go Home: Apple Appeals to Greater China

Texas called and it wants its gold back

On the bedrock of Manhattan Island, 80 feet below street level and 50 feet below sea level, rests a vault housing 530,000 gold bars. In the wake of World War II, many countries shipped their gold to the New York Federal Reserve to be housed in a safe location. The New York Fed continues to … Continue reading Texas called and it wants its gold back

The Psychology Behind Financial Avoidance Coping

The fear of bad news often prevents us from sustaining healthy lives. We cancel our dentist appointments the day before so we don’t have to hear if we’ve acquired new cavities. We avoid stepping on the scale so we don’t have to acknowledge the extra piece of birthday cake we somehow “misplaced.” And some of … Continue reading The Psychology Behind Financial Avoidance Coping

The Story of the American Silver Eagle Coin

It was the year of 1986. The United Nations declared it was the International Year of Peace. The United States celebrated Dr. Martin Luther King Jr. day for the first time. The nation watched in horror as the Challenger Space Shuttle Disaster occurred. Mike Tyson won his first boxing title as the youngest heavyweight champion … Continue reading The Story of the American Silver Eagle Coin

Map of US States Renamed for Countries with Similar GDPs

Intriguing and unusual maps often help visualize complex data in a simpler way. This map from American Enterprise Institute’s Mark Perry reveals the how the gross domestic product of each state––amounting to $16.7 trillion total––compares on a global scale. “America’s largest state economy is California. For 2013, the Golden State’s GDP was about $2.05 trillion, roughly the same as Brazil’s … Continue reading Map of US States Renamed for Countries with Similar GDPs