Renting vs. owning Ever since the financial crisis left many Americans in dire financial straits, the debate over renting versus buying a home has heated up. American households’ spending on housing is on average 33% of their annual expenses, but until recently we didn’t have data to show the differences in costs between monthly mortgage […]
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Journalism is being replaced Newspapers and other media entities have had to continually expand their view of who their competition is ever since the web was invented. In the old days the competition was other newspapers, and then TV, and then after the web it became other news websites, or maybe Yahoo or Google.
In terms of balanced growth, the US is the strongest economy in the world right now. Here are a few charts that show the state of investment around the world. The data, taken from FRED, shows the percentage change in trailing twelve month real gross fixed capital formation from 1Q 2000 levels.
LinkedIn used its massive dataset of professionals to see what colleges where producing employees at the most desirable firms. Only a few of the conventionally prestigious schools made the top of the list when colleges are re-ranked by how graduates do in the job market. LinkedIn mined its massive dataset of professionals to see what colleges where […]
Machine learning is advancing at exponential rates. Many highly skilled jobs once considered the exclusive domain of humans are increasingly being carried out by computers. That may be good or bad depending on whom you talk to. Technologists and economists tend to split into two camps, the technologists believing that innovation will cure all ills, […]
Consumers are embracing the digital currency even though the value of Bitcoin has fallen 55% against the dollar. Earlier this year Mary Fons joined the Bitcoin economy. She uses the digital currency to buy gift cards and office supplies. Her partner reimburses her with Bitcoin for his portion of the rent. Thirty-five year old Fons […]
Dr Heinz-Jakob Neusser The head of Volkswagen’s powertrain development, Dr Heinz-Jakob Neusser, thinks that electric cars with over 300 miles of range aren’t too far off. The foundation of his argument is that the energy density of electric car batteries has been improving rapidly and will continue to do so.
Mateo Jaramillo, Tesla’s Director of Powertrain Business Development, was the keynote speaker at last week’s Energy Storage North America. He spoke of Tesla’s aggressive efforts in stationary storage.
The Industrial Internet has the potential to drive trillions of dollars in new services and overall growth. A new study from GE and Accenture, “Industrial Internet Insights for 2015,” reveals there is a growing urgency for organizations to embrace big data analytics to advance their Industrial Internet strategy. However, less than 29 percent of the […]
Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation
Chuck Feeney Chuck Feeney is a self-made billionaire who is an extreme philanthropist. He believes that charity shouldn’t go on forever and his fellow billionaires, from newly minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, are learning from his example.