- The chart to the right shows the estimated average check per meal in Las Vegas using data from the Las Vegas Convention Authority. Note that the significant increase in check has corresponded to rapidly expanding casino hotel EBITDA margins. I don't know about you but $20 per meal (including breakfast!) sounds like a lot of money to me and hardly sustainable. Look for a resurgence of the cheap buffet and the food court.
Europe's Battles Against Apple, Google, Innovation & Jobs
"“I am very concerned the E.U. maintains a battle against the American giants while doing everything possible to sustain so-called national champions," writes economist Daniel Lacalle. "Attacking innovation doesn’t create jobs.”read more
Energy Stocks: Time to Buy? Here's What You Need to Know
If you're heavily-invested in Energy stocks it's been a heck of a year. Energy is the worst-performing sector in the S&P 500 year-to-date and value investors are now hunting for bargains in the oil patch. Before you buy, here's what you need to know.read more