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Debit Cards overtake cash as the most popular payment type, according to Fed diarists

December 11th, 2019 at 12:13 pm » Comments Off

  The growing popularity of debit cards and the displacement of cash by card and electronic payment alternatives is nothing new, but a Federal Reserve banks’ report released Thursday shows debit cards for the first time have surpassed cash as the most-used payment type. The findings come from the 2018 Diary of Consumer Payment Choice, […]



The world’s most valuable company

December 11th, 2019 at 12:09 pm » Comments Off

After multiple delays, Saudia Arabia is finally making it happen. A much-watched step in the country’s goals to modernize and privatize parts of its economy, its state-owned oil business, Saudi Aramco, raised $25.6 billion in the world’s largest IPO ever after pricing 3 billion shares at 32 riyals ($8.53) apiece. The raise beats the largest […]



How Google has become the biggest travel company

December 10th, 2019 at 4:13 pm » Comments Off

For decades travel agents had a “lock” on vacations. Before the internet it was near impossible to find cheap fares yourself. And choosing the perfect hotel involved a lot of flicking through glossy brochures. The “do it yourself” approach was a huge hassle. It was a lot easier to hire a knowledgeable travel agent. Then […]



NYC turns to electric cargo bikes to solve delivery truck crisis

December 10th, 2019 at 4:09 pm » Comments Off

A new program in New York City will see electric cargo bikes promoted as a solution to the growing number of polluting and congesting delivery trucks throughout the city. Now I love shopping on Amazon and other e-commerce sites as much as the next guy. But I also recognize that the huge shift towards online […]



Electric-car battery prices dropped 13% in 2019, will reach $100/kwh in 2023

December 10th, 2019 at 4:06 pm » Comments Off

Tesla Model S lithium-ion battery pack in rolling chassis Although electric cars haven’t quite taken off in the 2010s the way some had anticipated, sheer economics are pointing to the 2020s as the time when EVs will find that market fever pitch. From 2010 to 2019, lithium-ion battery prices (when looking at the battery pack […]



11 critical skills for the future