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A reminder that you shouldn't put premium in a car that doesn't need it:
Bottom Line: It’s been at least a few years since I’ve covered this topic. The FTC put out a note yesterday that prompted me to bring this information to you. The FTC estimates that hundreds of millions of dollars per year in unneeded premium fuel is being pumped. By my count it’s likely between $400-$600 million. Why? Generally for two reasons:
To be clear –there is no benefit to higher octane fuel for a vehicle that doesn’t require it. It’s not cleaner and it won’t help your vehicle perform better unless your vehicle truly requires it. So if you use premium double check your manual. If it doesn’t call for it – don’t use it. With regard to luxury vehicles… Some may suggest that you could use it – not that you have to. That’s also an indication that you don’t need it. Some luxury vehicles will provide that type of language and suggestion because of consumer expectation. Some luxury owners feel that a luxury vehicle should require a higher octane fuel – so some manufactures want to oblige. Again – many vehicles require premium fuel and if that’s the case you do want to give your vehicle what it wants. Just don’t force it if it’s not needed – that’s just pure waste.
Will Google get the NFL Sunday Ticket?:
Bottom Line: It’s not a rumor. It’s a real interest of Google. Direct TV currently has the rights to the NFL Sunday Ticket. They heavily market the package as a reason to switch to their service as it’s the only way you can obtain access to all of the NFL games. Their current contract with the NFL ends at the end of the 2014 season. That means its negotiation time over the rights. The early favorite has suddenly become Google. Why would Google want the NFL Sunday Ticket? YouTube is positioned to be a major player in streaming TV already. Google recently released the Chromecast & they’ve even been testing internet and traditional TV service in certain markets.
Direct TV currently pays $1 billion per year for the rights to the Sunday Ticket. If Google wants it bad enough they’ll win as they have much deeper products than Direct TV and could even take a loss on the service (unlike Direct TV) if they wanted to use it as a marketing tool to lure people into their TV products. This could be very interesting…
Real household income has fallen below the level from the end of the Great Recession:
Bottom Line: If your household income is lower than four years ago – you’re normal. A seriously disturbing trend is in. Progressive household income declines year after year… In an economic recovery no less.
Info from the Census Bureau shows that, when you adjust for inflation, income has actually declined from $54,478 in the summer of 09 (when the recession officially ended) to $52,098 today. It’s explainable in part due to the high rate of underemployment which currently stands at 17.7% according to
Bottom Line: Speaking of
How Yahoo got its groove back:
Bottom Line: When online companies peak and decline they never make a comeback. Until now. The last time Yahoo had the most monthly visitors was May of 2008. They had been in a four year decline until early last year when
In July Yahoo topped Google by 5 million users checking in with 197 million unique visitors.
The Nasdaq mess:
Bottom Line: If you were trying to buy or sell a stock traded on the Nasdaq in the afternoon yesterday – you likely weren’t able. Nasdaq had a “software glitch” that resulted in treading being suspended for all Nasdaq listed stocks for more than 3 hours. The good news is that it wasn’t a hack attack or systemic problem. The bad news is that Nasdaq failed to have a redundant system in place to keep trading fluid while it worked out it’s glitch. The second issue was that once they fixed the glitch it took more than two hours to get back online. Nasdaq is in need of a
ESPN seriously considering offering streaming TV service:
Bottom Line: There are two reasons why many people won’t cut the cord or dump the dish. It’s the desire for live news and sports. ESPN may take away one of those considerations from the traditional providers. ESPN is willing to live stream all of its products if the price is right. They’ve said it’s all of their networks or none. This is very interesting and worthy of watching.
Bottom Line: If you had a problem using the iCloud yesterday, it wasn’t you or your device. It was iCloud. Apple had an iCloud outage yesterday that resulted in all related services being down for most of the day. It is back up and running and it’s not believed that hackers led to the outage.