As part of the changes in the NBA’s new collective bargaining agreement, saving for retirement will be as mandatory as wind sprints (see Bloomberg). Money for players will be siphoned to annuity investments that will pay players a fixed amount starting at some point after each player’s career. This is probably a good thing for [...]
Guest post. This post is part of series of posts written by my sport management students and is cross-posted on the UMass Center for Spectator Sport Research blog. The authors of this post are Lilah Brown, Dan Hatman, Oleg Kamenetsky, Miha Kline, Ariel Weisman. To put the current negotiations in perspective you need to look [...]
There is a lot of talk this week about the Federal Reserve’s plans to stimulate lending through quantitative easing. I suggest seeing here, here, or here for explanations, but in short, this is the Federal Reserve creating $600 billion and using it to buy Treasury notes (i.e., debt that was previously issued by the US government) from [...]
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