The foreclosure crisis dumped a lot of high earners who have traditionally bought homes into the rental market. Rapidly rebounding housing markets, with skyrocketing home prices in big cities, kept them there. Now the number of renters has reached a plateau, and it could be about to fall.
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One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China
JD.com is planning to build 185 drone airports in Southwest China. The airports will help products reach villagers, while also delivering rural products across China. This is the latest move by tech companies, including Alibaba, to capitalize on the growing rural market.
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.
Japan has risen above the U.S. in the worldwide rankings for the largest bitcoinexchange market. The country now accounts for roughly 48 percent of the global market share, reaching a high of 51 percent over the weekend.
Today’s artificial intelligence (AI), most experts will agree, is still far from what’s called a general AI — one that can perform any task human beings are capable of. Yet, despite limitations, AIs have become rather powerful — at least enough to beat human beings in their own games, or even to take over performing certain […]
With the cryptocurrency market cap now estimated to be in the hundreds of billions of dollars and a sort of familiar frenzy kicking into overdrive, here’s another reminder that widespread adoption by the U.S. public has not yet materialized.
As technology overtakes every industry, the business forecast for jobs like typists, watch repairers, and postal workers over the next decade is bleak, according to a Bloomberg report citing Labor Department data.
Bitcoin has been around since 2009, but it really wasn’t until recently that it finally hit the mainstream consciousness of investors and the general public. As of this writing 1 bitcoin is now worth over $5,600 USD. And its meteoric rise doesn’t look to be abating any time soon. Its potential to reshape how we […]
The United States has one of the worst rates of child hunger among high-income countries. A recent UNICEF analysis puts it in perspective: About 20% of American children live in food-insecure households, meaning they lack access to safe and nutritious foods.
A California city is launching the first US experiment in basic income — and residents will get $6,000 a year
Stockton, California Mayor Michael Tubbs is leading the charge on a basic income experiment in his recovering town.