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According to the Washington Post, with the $750 iPhone XR, arriving in stores on Friday, you have the opportunity to leap ahead to better technology — like a superior camera and more screen — without getting a nosebleed from the price tag.

Questions:
1. What is the benefit with the XR battery?
2. What other benefits do you get with the XR?
3. Explain the $250. Is the phone cheaper? Also explain the $250 in terms of benefits.

Source:
Fowler, G. (2018) iPhone XR: The best $250 you ever saved on a new phone. The Washington Post, Oct. 23 (Retrievable online at https://www.washingtonpost.com/technology/2018/10/23/iphone-xr-best-you-ever-saved-new-phone/?utm_term=.e873dfeb92d9)

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Men feel better about the economy than they have in over a decade. Women are far more skeptical. And the sharp divide has emerged since President Trump was elected two years ago.

Questions:
1. What is the divide between men and women in terms of percentages that believe family finances had improved in the past year?
2. What is the divide about the future (i.e., expectations about the American economy over the next five years)?
3. How do these recent polls compare with Polls by the Pew Research Center going back to the mid-2000s before Mr. Trump took office?

Source:
Casselman, B. and J. Tankersley. (2018). Red-Hot Economy? Women Aren’t Convinced. The New York Times, Oct. 27 (Retrievable online at https://www.nytimes.com/2018/10/27/business/economy/women-usa-economy.html)

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General Electric’s 119-year-old dividend is a source of pride inside this once-dependable company.

Questions:
1. Why is a dividend cut expected?
2. What is the estimate of how much might be cut?
3. Even with the cut, the dividend is expected to do what to GE’s financials?

Source:
Egan, M. (2018). GE’s 119-year-old dividend is on life support. CNN Business, Oct. 19 (Retrievable online at https://www.cnn.com/2018/10/19/investing/general-electric-dividend-stock/index.html)

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To keep Amazon at bay and remain the world’s biggest retailer, Walmart is ramping up its groceries and buying trendy digital brands. The retail giant is also redesigning its stores and building up online assets.

Questions:
1. What are signs that the plan is working?
2. What is the proximity of most Americans to a Walmart store?
3. What percentage do groceries make of Walmart’s annual sales?

Source:
Meyersohn, N. (2018). Walmart’s strategy to solve the Amazon puzzle is working. CNN Business.com, Oct. 20 (Retrievable online at https://www.cnn.com/2018/10/19/business/walmart-stores-grocery-pickup-amazon/index.html)

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In a new report, the prediction is that beer could become more scarce worldwide over the next few decades.

Questions:
1. Why will beer become more scarce?
2. Beer shortages could reduce the amount Americans consume each year by how much?
3. What is the prediction about beer prices?

Rice, D. (2018) Suds shortage? Warming climate threatens world’s beer supply. USA Today, Oct.15 (Retrievable online at

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New survey data from the Centers for Disease Control and Prevention show that 36.6% of us eat some kind of fast food on any given day. That includes 37.9% of men and 35.4% of women, according to a report published Wednesday by the CDC’s National Center for Health Statistics.

Questions:
1. What is the main reason for so much fast food consumption?
2. How many men compared to women eat fast food for lunch on any given day?
3. Does the popularity of fast food varies by racial and ethnic group?
4. How does our taste for fast food change with age?
5. If you would do the survey in 10 years, what do you think the results will show? Discuss your opinion.
6. What is the monetary factor related to fast food?

Source:
Kaplan, K. (2018). More than 1 in 3 Americans eat fast food on a typical day, and we eat it all day long. The Los Angeles Times, Oct. 3 (Retrievable online at http://www.latimes.com/science/sciencenow/la-sci-sn-fast-food-america-20181003-story.html)


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No cash for a child’s allowance. No worries. Now you can use a phone app to transfer it to their own prepaid debit card!

Questions:
1. What are the latest offerings of cards and apps and how do they work?
2. What are some of the things that parents can use the prepaid debit apps to do for the child cards?
3. What are some of the financial skills that kids can learn with these cards, if used wisely?
4. Are these cards free?

Source:
Carrns, A. (2018). Children’s Allowances in a New Form: Debit Cards Linked to Parents’ Phones. The New York Times, Oct. 5 (Retrievable online at https://www.nytimes.com/2018/10/05/your-money/childrens-allowances-debit-cards-parents.html)

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A woman from Azerbaijan who spent 16 million pounds ($21 million) on jewelry, wine and other goods at luxury London department store Harrods over the course of a decade has become the first target of a new British rule allowing officials to seize money from people suspected of getting their wealth through corruption.

Questions:
1. This case marks Britain’s first use of what rule?
2. According to this rule, Britain can seize assets over what amount?
3. Based on the article, do you think that the government will seize everything over the amount designated by the law? If not, what do you think will happen?
4. What is your opinion of the rule? Discuss.
5. What was the distinction between investigation and criminal procedure?

Source:
Lawless, J. (2018). Woman who spent $21M at Harrods fights UK wealth order. AP.com, Oct. 10 (Retrievable online at https://apnews.com/4779acdf5ca24f33bfb3c7b9e6e15d0f/Woman-who-spent-$21M-at-Harrods-fights-UK-wealth-order)

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Amazon’s latest retail concept looks a lot like your online shopping cart brought to life. It’s a physical store that offers only products with high customer ratings, including non-Amazon-branded merchandise. Items must be a top seller, have a four-star rating or above, or be new and trending on Amazon.com.

Questions:
1. How many brick-and-mortar bookstores does Amazon have around the US?
2. How many Amazon Go stores are there in the U.S. and what is the Go concept?
3. At the time of this article, what was the average rating of products in the Amazon 4-Star store?
4. Why do you think that Amazon is doing this?

Source:
Yurieff, K. (2018). Inside Amazon’s new store that only sells its highest-rated stuff. CNN.com, Sep. 27 (Retrievable online at https://money.cnn.com/2018/09/27/technology/amazon-4-star-store-opening/index.html)

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GE was led for two decades by Jack Welch, the chief executive both feared and revered for his management discipline. In a surprise move and after only a year in the job of CEO, John Flannery was let go on Oct. 8 amid GE’s long period of stagnation.

Questions:
1. In addition to firing the CEO, what happened regarding GE’s financial statements?
2. What is the underlying reason for GE’s problems?
3. What happened to GE’s position in the Dow?
4. What are the 2018 financial expectations for GE?

Source:
Heath, T. and J. McGregor (2018). General Electric, fallen icon of corporate stability, names first outsider as CEO. The Washington Post, Oct. 1 (Retrievable online at https://www.washingtonpost.com/business/2018/10/01/general-electric-replaces-new-chief-executive-announces-massive-billion-charge-amid-struggles/)