Word: trackers
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Another fantasy tracker reports that on average, players are paying $73 to join football leagues this year, compared with $59 last year; despite the economic downturn, leagues are upping their entry fees - and their cash prizes. Meanwhile, as companies are slashing ad budgets in most places, they are pouring funds into fantasy sites. Fantasy Sports Ventures, which owns or sells advertising for some 500 such sites, has seen revenue double year over year. Says CEO Chris Russo: "Companies want access to an audience that's passionate and engaged...
Read "What a Top Terror Tracker Learned About Osama bin Laden...
...front of the saddle. "The sensors are accelerometers similar to what's in the Wii," says physicist Andrew Spence, who participated in the work. "Once you synchronize the two, you can determine the relative motion of the man and the horse." The jockeys also wore global-positioning trackers so their speed and position could be followed. "The tracker was in the helmet, where the GPS satellites could get a clear view of it," says Spence. The horses and riders were then sent running, and the biomechanical data poured...
...loans over a certain size are often exempt. The rates on "jumbo" loans (generally those that run about $417,000) have historically been about .25 percentage points higher than on regular mortgages. That spread jumped all the way up to 180 basis points last fall, according to data-tracker HSH Associates - but has since settled down to about 100. Still, that's a big added expense. Plus, consider that for houses worth more than $1.5 million or so, banks are likely to look for a down payment in the 30% range. (See 10 things to buy during the recession...
...mild moderation of the week before - and the housing market. On Tuesday the National Association of Realtors reported that the median-priced single-family home sold for 14% less in the first quarter than it did during the same time period a year ago. The next day, housing-tracker RealtyTrac reported a 32% year-over-year jump in foreclosure filings. And yet sales of homes in certain markets - southern California, southern Florida, Nevada - are spiking. A sign of the bottom...