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How much $100 is worth in every state: Map

August 21st, 2014 at 12:10 pm » Comments Off

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.    

Establishing the Central Bank of Bitcoin

August 18th, 2014 at 10:23 am » Comments Off

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 […]

American’s financial lives explained in 29 charts

August 8th, 2014 at 10:35 am » Comments Off

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 […]

Map shows the wealthiest person in each state

August 7th, 2014 at 11:40 am » Comments Off

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 […]

Job growth is faster in states that raised minimum wage

July 23rd, 2014 at 8:12 am » Comments Off

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 disrupting the venture capital landscape

July 21st, 2014 at 10:04 am » Comments Off

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 […]

The salary at which money won’t make you any happier in each state

July 20th, 2014 at 8:17 am » Comments Off

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 smashes $5M crowdfunding goal

July 11th, 2014 at 10:01 am » Comments Off

Lawrence Lessig’s 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 wants to change the way credit scores are calculated

July 10th, 2014 at 11:07 am » Comments Off

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 […]

Banking with startups a growing trend

July 7th, 2014 at 8:39 am » Comments Off

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 […]

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