I hope to have $4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today's dollars? -- Brian
Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.
They don't get featured on the covers of car magazines or feted in Super Bowl commercials. At dealer lots, they get parked in the back while newer, glitzier models are showcased in the showroom. They won't get you many oohs and ahs from the car pool kids, or a thumbs-up from other drivers. Face it -- these are the wallflowers of the auto world.
All told, UCLA's Anderson school found that 52 MBA candidates were lifting whole paragraphs from other, unattributed sources in their essays. And they are far from the only B-school dealing with the problem.
Whoever said that the world can be a scary place sure wasn't kidding. Consider a few of the frighteningly noteworthy events of the past year: Europe's economy slipped into a debt-induced coma; the euro went from being a potential global store of value to a currency on the brink of extinction; and growth in overheated markets like China and Brazil started to slow, prompting a nosedive in their equity prices.