One hundres dollars goes further in some states than others. A map released by the Tax Foundation, via Elliot Turner, shows the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.
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Futurist Thomas Frey: The year is 2024. It seemed like a piece of nostalgia to open a new bank account and get a free toaster, but this wasn’t any ordinary toaster, and it certainly wasn’t any ordinary bank. The new Internet of Things Toaster was one of the coolest gadgets of all times, and the […]
How much money you make and how you spend that money plays a huge part in what your life looks like. What makes us unique? Well, we like to think lots of things make us unique: where we’re from, how we were raised, our tastes, our education. But for better or worse, how much money […]
The real estate blog Movoto shows the net worth of the richest resident in each U.S. state on this interactive map. Darker shades of blue reflect those at the richest end of the wealth spectrum, while darker shades of red reflect those at the lower end. As you can see in the map, there’s a wide […]
The 13 states that raised their minimum wages on Jan. 1 have added jobs at a faster pace than those that did not. The Department of Labor released new data that suggests that raising the minimum wage in some states might have spurred job growth, contrary to what critics said would happen.
Democratization of funding is changing the VC landscape. The venture capital and funding market has changed dramatically over the last ten years. In the past venture capitalists were the go-to-guys in the playground, there are new players giving entrepreneurs with many choices. One used to focus their efforts in the famed VC offices on Sand […]
Can money buy happiness? Only up to a certain point. But just how much you need to get to that threshold really depends on where you live, according to a new analysis by Doug Short, vice president of research at investment group Advisor Perspectives.
Lawrence Lessig’s Mayday.us just raised a lot of money to help get the money out of politics by campaigning to elect five politicians who will enact campaign finance reform. Last week, the Super PAC hit its $5 million grassroots fundraising goal thanks to 47,000 supporters, which will be matched by $5 million in donations from wealthy tech luminaries. […]
RevolutionCredit is using online finance crash courses to help lenders better determine a person’s creditworthiness. Could a better credit score may soon be just be a few mouse clicks away? The current system of determining a person’s creditworthiness is “inadequate and insufficient” and is costing both consumers and creditors, said Zaydoon Munir, founder and CEO […]
Majority of the people in the U.S. could be “banking” with startups in the next three to five years. For investors and entrepreneurs, when looking for opportunity in the financial industry where technology can have the greatest impact, the best place to start has been with one of our oldest institutions: banks. However, while critical […]