While it seems like a utopian concept, the argument that some consumers could be addicted to saving money might not be as inconceivable as it sounds.A study conducted by professor George Loewenstein of Carnegie Mellon found that despite the challenges people have with saving money, a significant 25 percent of the general population actually found it painful to spend money.Loewenstein studied 13,000 people to examine their brain activity patterns and response to desirable items (e.g., chocolate candy) versus undesirable items (e.g., the candy’s price tag), using functional magnetic resonance imaging techniques.The results uncovered that if participants liked the chocolate, the brain’s reward center (the nucleus accumbens) demonstrated a positive reaction to seeing the candy. Upon seeing the chocolate’s price tag, however, the pain and disgust regions of the brain (the insula) showed activity.These findings suggest that the brain’s negative response to tapping into a bank account is its inherent way of reeling in consumers from seeking out too many pleasure-seeking experiences. This adverse response to the thought of losing money is what might have paved the way for the different types of savers who seek to pad their savings accounts with extra cash. continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York An elderly couple died when their East Patchogue home caught fire on Thursday afternoon, Suffolk County police said.Officers responded to a call of a house fire on Swezey Street after neighbors saw flames emanating from the couple’s home and unsuccessfully tried to enter the residence to rescue them at 12:36 p.m., police said.Firefighters from the Patchogue Fire Department and seven surrounding departments responded and extinguished the flames.Angeline Romeo, 85, and her 88-year-old husband, Alfred, were found dead on the first floor.Homicide Section and Arson Section detectives are continuing the investigation, but a preliminary review has determined that the cause of the fire does not appear to be criminal.
Milwaukee had lost back-to-back games and was staring at another defeat before rallying past one of its conference rivals, outscoring Miami 74-43 in the second half.The Greak Freak was UNLEASHED against the Heat. pic.twitter.com/Uohel0WGSW— Milwaukee Bucks (@Bucks) August 6, 2020With the franchise eyeing its first Finals appearance since 1974 and first championship since 1971, reigning MVP Antetokounmpo told reporters, “I think the biggest challenge for us is ourselves.NBA BRACKET: Updated standings and seeds”How are we going to play? How hard are we going to play? Are we going to play for one another? Are we going to defend hard? Are we going to be able to rebound the ball? Are we going to be able to make the extra effort? Are we going to dive on the floor?”It’s all about us. It’s all about us.”The Bucks improved to 55-14 for the season, ahead of the defending champions Raptors (49-18), the Celtics (45-23), the Heat (43-26), the Pacers (42-27) and the 76ers (41-27) in the East. Giannis Antetokounmpo says the Bucks are their own biggest threat to reaching the NBA Finals after clinching the Eastern Conference’s top seed.The Bucks overturned a 23-point deficit Thursday to overcome the Miami Heat 130-116 at the Walt Disney World Resort outside Orlando, Fla., where Antetokounmpo put up 33 points and 12 rebounds. #1 seed! pic.twitter.com/Ed7wqIDJhG— Giannis Ugo Antetokounmpo (@Giannis_An34) August 7, 2020With the top seed comes home-court advantage, though that will look different inside the bubble amid the coronavirus pandemic.”Well, I don’t think you’d ever guess to be coaching in an NBA game on Aug. 6,” Bucks head coach Mike Budenholzer said.”So, pretty unique and rare times to win a game and more importantly to have the best record in the Eastern Conference is a tribute to our players and what they’ve done every night and how they’ve brought it. I’m very proud of them.”
A Major League Baseball official said the commissioner’s office is looking into the matter. But that investigation appears to be merely procedural in nature, and it is highly unlikely that Kuo would face punishment by MLB for failing a drug test in a competition that took place separately from, and independently of, MLB. “Kuo did not take anything illegal or against major-league drug policy,” Chang said. Kuo did not travel with the team for Monday’s Grapefruit League game with Baltimore, but he did tell the Associated Press back in Vero Beach that, “I just play baseball. I didn’t take anything.” Chang said he has been in touch with Dodgers officials about the matter and that those officials were satisfied with the explanation. Dodgers general manager Ned Colletti was traveling and unavailable for comment, but the club issued a statement. “We have spoken with Kuo and his agent, and we are aware that Major League Baseball is looking into this issue,” it read. “Given Kuo’s explanation that this was simply cold medicine, we consider it a non-issue unless new developments come to light.” FORT LAUDERDALE, Fla. – Dodgers left-hander Hong-Chih Kuo, who pitched five strong innings to help his native Chinese Taipei to victory in the first round of the Asian Games in Doha, Qatar, in December, tested positive for the banned substance ephedra before that event. But it doesn’t appear Kuo intentionally ingested the substance, nor does it appear the test will create a problem for either Kuo or the Dodgers. A Chinese Taipei Olympic Committee official told the Associated Press that Kuo and two other Taiwanese players who tested positive for ephedra had ingested the substance innocently through either a cold or pain medication. The three reportedly were then asked to clear all future medications through the team’s doctors. Kevin Chen, secretary general of CTOC, told the Associated Press that the situation is, “completely innocent.” Alan Chang, Kuo’s Chicago-based agent, said his client took an herbal medicine that “could cause the positive test result.” Chang wasn’t sure whether the medicine actually contained ephedra or another substance that might mimic ephedra in a drug test. Chang also denied that the drug test was the reason Kuo didn’t pitch in the championship game, saying Kuo instead had shut himself down at the request of Dodgers officials because he felt mild pain in his pitching arm. Kuo didn’t pitch again until he arrived last month in spring training, but he appears to be healthy now and is a slight favorite to land the vacant fifth spot club’s in the starting rotation. [email protected] (818) 713-3675 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!