Home / Personal Finance / On Topic / Education
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Wednesday, October 08, 2008
Education is FOXBusiness.com's On Topic for September 2008
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Monday, October 06, 2008
With the annual cost of an Ivy League education sitting soundly in the $30,000, and the average American household income at $48,451 in 2006, the question must be asked: Is it worth it?
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Wednesday, October 01, 2008
In today’s shaky economy, school budgets have been under pressure, and their technology resources have taken a hit. But they’re still making do, with some clever planning.
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Thursday, September 25, 2008
Although the credit crisis has helped to bring about the demise of many privatized student lenders, it’s also helped to encourage the emergence of many online peer-to-peer lending web sites.
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Tuesday, September 23, 2008
Higher education institutions admit they are experiencing a slowdown, they aren’t feeling a major pinch quite yet.
Investments
- Is a Liberal Arts Degree an Advantage?
- Jobs Without a Degree Growing Fast: But Built to Last?
- FauxPlomas: A $1 Billion Industry
- How to Pay for College Despite the Credit Crunch
- Teaching Kids Financial Savvy
- How to Avoid the College Credit Card Trap
- Higher-Education Stocks Get Pinched By Slowing Economy
- How to Major in 'Green'
- Online K-12 Schools Grow in Popularity
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FOX Translator
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No, it's not a dance craze. Contago is a condition of supply and demand, essentially a fancy word to say that prices for items, typically commodities, are cheaper now than they would be at some point down the line.
Anything that¿s sold in the futures market can be in a case of contango. Futures are exactly that: a contract to buy an item or asset at a price in the future. This is the case with oil, with traders buying and selling contracts to acquire a barrel of oil in months down the line. When a market is in contango, spot prices, or the price of a commodity if you were to buy it right now, are lower than forward prices.
Why is that important? Well, it usually tells you the supply of a given commodity is plentiful (since, according to Economics 101, a large supply usually leads to cheap prices).
Incidentally, if you think contango is a mouthful, its opposite condition is known by the equally tongue-tying term backwardation.
