One huge political issues in recent years has been that Wall Street has done better than Main Street. the Bank for International Settlements has a new study that shows exactly why rapid finance sector growth is bad for the rest of the economy.
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The global stock market had a very different look 145 years ago than it does today.
WorldRemit a London-based money transfer startup, has announced a new $100 million funding round, with a reported valuation of more than $500 million. Silicon Valley venture capital firm TCV, which has previously invested in everyone from Facebook to Spotify and Netflix, will lead this round.
A question that social scientists and economists have long puzzled over, how corruption arises in different cultures and why it is more prevalent in some countries than others. But finding correlations between corruption and other measures of economic or social activity has always been difficult.
The Chronicle of Philanthropy released its annual list of the top 50 philanthropists, showing that the tech industry now comprises roughly half of the top philanthropic giving in America.
Peer-to-peer financing site Lending Club and have put in place a strategic partnership designed to get more U.S. businesses to buy inventory from the alibaba.com’s wholesale marketplace. They will offer a new financial service called the alibaba.com e-Credit Line that will let U.S. companies apply for credit lines for $5,000 to $300,000, which they can then use to […]
NeuCoin, a new cryptocurrency that has been designed specifically to tip content creators and for online micropayments. Neucoin is a new startup currency based in Paris. Currently they have raised over $2 million from partnerships and business angels.
Bitcoin represents the future of money and global finance, despite all of it’s growing pains.
2014 was the best year for venture capital investments since 2000, with $43.3 billion invested.
Bitcoin was a terrible investment this year, but that hasn’t stopped non-profits from asking for them anyway. Wikipedia, Electronic Frontier Foundation, Khan Academy and now even Burning Man will take those bitcoins off your hands in the form of a tax-deductible donation.