Marketplace for Friday, April 26, 2013
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Apple's iTunes turns 10 this weekend. We're saying happy birthday with a look back at the digital music monster. Plus, kids these days: We're paying about $1,100 for prom on average, and poorer families are paying more. Should we really look down on folks who spend more on big life events? On a bigger picture, there was a 2.5 percent increase in GDP, but no one seems happy about it. We look at why that number isn't actually all that bad.
Posted In: urban planning, parking lot
The Washington University Sustainable Land Lab Competition's goal? To find something creative to do with all the vacant lots in the country.
Posted In: Mississippi River, flood
For one barge line operator, the high waters of the Mississippi mean business as usual (though with a more watchful eye).
Posted In: Gross Domestic Product (GDP), GDP
With all the dysfunction in government and economies, why should a 2.5 percent increase in GDP sound bad?
Posted In: prom, wedding, consumer spending
A Visa study finds that prom costs about $1,100 -- but kids from families with incomes under $50,000, and kids with single parents, spend more on prom. Turns out there’s a long tradition of chastising the poor for spending “too much” on big life events.