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What should the government spend to save a life?

March 28th, 2020 at 10:00 am » Comments Off

Economists have a way of measuring the cost of protecting people from COVID-19. Economists have done the math. The staggering economic toll of the new coronavirus is becoming abundantly, unavoidably clear. On Thursday, a Department of Labor report showed that a record-shattering 3.3 million people applied for initial unemployment claims last week. And with entire […]



For the first time, Uber drivers and other gig workers qualify for unemployment insurance as part of the Senate’s $2 trillion coronavirus stimulus bill

March 27th, 2020 at 12:16 pm » Comments Off

A protester outside Uber’s office in Massachusetts. The Senate’s $2 trillion coronavirus economic bailout bill includes help for gig-economy workers, like Uber and Lyft drivers, who have seen their livelihood dissolve during the coronavirus crisis. For the first time, these workers would qualify for unemployment insurance. They would also qualify for the additional four months […]



The finance robots are coming: 73% of organizations plan to replace humans with machines this year

March 19th, 2020 at 10:08 am » Comments Off

Even finance is being affected by the onslaught of human vs. machine with a recent Deloitte survey revealing some startling stats. The finance function is experiencing rapid change, and a recent Deloitte survey found that 73% percent of respondents are planning to implement technology to replace humans in their workforce this year—up from 58% a […]



French court recognises Bitcoin as “money”

March 12th, 2020 at 11:42 am » Comments Off

The ruling, the result of a dispute between Bitcoin marketplace Paymium and crypto investment firm BitSpread, could benefit the French crypto market. A French court has ruled that Bitcoin is money, for the first time. The result of the ruling could lead to more action in the French Bitcoin market. It’s the first time a […]



Bitcoin’s guardian angel : Inside Coinable billionaire Brian Armstrong’s plan to make crypto safe for all

March 8th, 2020 at 10:03 am » Comments Off

Near the foot of San Francisco’s California Street stand the august stone pillars of a bank dating to the 19th century. A few paces away sit the offices of Coinbase, the largest American exchange for cryptocurrencies like bitcoin. It’s a beehive of software engineers and young marketing executives. There, the worlds of by-the-books banking and […]



Why aren’t more highly intelligent people rich?

February 20th, 2020 at 1:02 pm » Comments Off

 A Nobel Prize-Winning Economist Says Another Factor Matters a Lot More Intelligence is important, but intelligence without effort is sometimes wasted. Nobel Prize-winning economist James Heckman likes to ask people how great a role innate intelligence plays in financial success. Like how much the difference between my income and yours, for example, is based on […]



Automaker startup is fast and furious

February 8th, 2020 at 12:17 pm » Comments Off

 When it comes to startup investment, automakers are still going full speed ahead. From ride-hailing apps to driverless car technology, transportation startups have attracted unprecedented sums of investment capital from auto manufacturers in recent years. In the past few quarters, that trend has been accelerating. An analysis of Crunchbase data shows that since the beginning […]



Average IT salary hits record $113,639 in US due to these certifications

January 27th, 2020 at 12:55 pm » Comments Off

US tech employees lead the global pack thanks to a mix of certifications, job skills and tenure, according to a new report. The average annual salary for IT professionals worldwide is $89,732—the highest yet found by Global Knowledge’s yearly report. The report is the largest worldwide study of professionals in the tech community and has […]



What is the most profitable movie ever?

January 22nd, 2020 at 12:41 pm » Comments Off

‘Avatar’? ‘Blair Witch Project’? ‘Star Wars’? The Hollywood Reporter crunches the numbers to see which film has earned the most hard cash. What’s Hollywood’s most profitable movie ever? The answer depends on how you define “profitable.” If you think of profit purely as a ratio of production cost to box office gross, 1999’s The Blair […]



Americans are flocking to these 10 cities where salaries have risen 25% or more in the last 5 years

January 21st, 2020 at 1:31 pm » Comments Off

In a world of stagnant wages and rising costs of living, moving to a place where you can grow your income feels like a solid bet. And many American cities offer just that. Financial advice website SmartAsset analyzed data for the 500 largest U.S. cities to determine the top “boomtowns” in the country. These areas […]



Davos 2020 : the World is drowning in debt

January 16th, 2020 at 1:11 pm » Comments Off

New York (CNN Business)The world’s already huge debt load smashed the record for the highest debt-to-GDP ratio before 2019 was even over. In fact, it broke that record in the first nine months of last year. Global debt, which comprises borrowings from households, governments and companies, grew by $9 trillion to nearly $253 trillion during […]



How real estate will radically change in the new decade

January 9th, 2020 at 12:06 pm » Comments Off

After a roaring decade, real estate is looking a lot less promising in the 2020s. A sense of gloom hangs in the air. “Bloodbath,” “free fall” and “slump” were just some of the choice idioms deployed by headline writers to describe the New York real estate market during the twilight of 2019. Across the pond, […]



10 Unanswerable questions that neither science nor religion can answer