Russian Rouble hits all time low It may already be too late for Russia’s Central Bank to regain control. The collapse of the ruble has prompted a flight of capital as investors and savers in Russia seek shelter outside the country’s borders. A CNBC.com analysis of money flows monitored by the Russian Central Bank shows that […]
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Many new drones are now making their debut – Image by media.salon.com In August, the Federal Aviation Administration missed a key deadline for developing rules for small commercial drones. That failure has infuriated businesses that want to test and use drones for delivering goods, monitoring crops and doing other awesome things. Some have even threatened […]
There’s a stereotype that left-handed people are clumsier, but that might have something to do with the fact that they live in a world of objects optimized for the right-handed: scissors, the computer mouse, surgical tools, and guns, to name a few. The discrimination against the 12 percent of the population who are lefties has […]
Could Bitcoin become the dominant currency of the gaming industry? Jeff Grubb – The United States dollar bill only has value because you believe it does. Now, a game developer in Chile wants to apply that same concept to Minecraft and bitcoin.
Matt Bernier at the DaVinci Institute’s “Night with a Futurist” talking about the future of cryptocurrencies The first cryptocurrency, Bitcoin, was created in 2009 by a mysterious developer using the pseudo-name Satoshi Nakamoto. In 2010, the secretive Satoshi handed the reigns of Bitcoin over to Gavin Andresen, a like-minded developer who now manages the operation along […]
An Electronic Arts employee works on a character for “MySims.” The U.S. economy is on the upswing. Unemployment is down to 5.8 percent, and we’re adding hundreds of thousands of new jobs every months — and the video game industry is partially responsible for that.
There seems to be bad news everywhere you look these days. Sometimes it seems like the world is falling apart. Between Ebola, climate change, Russia’s invasion of the Ukraine, and the ongoing war in Iraq and Syria.
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 […]
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.
What goes on behind the scenes that the general public or entrepreneurs don’t see? Whatever you want to call “the sharing economy” or “marketplace startups,” peer-to-peer marketplaces continue to gain popularity, with a flurry of startups growing rapidly to keep up with all of this “on-demand” demand.