How much money it takes to be “rich” varies from city to city.
About 20% of Americans are upper-income, or “rich,” meaning they earn at least two times the national median household income.
The amount of money it takes to be considered rich is largest in San Jose, California.
Continue reading… “How much money you have to earn to be considered rich in 42 major US cities”
Brock Pierce inside the former Children’s Museum in Old San Juan, P.R., which he and his colleagues hope to make part of a crypto utopia where the money is virtual and the contracts are all public.
Continue reading… “Making a crypto utopia in Puerto Rico”
Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies.
Venezuela, South Africa seen as world’s unhappiest economies
Thailand, Singapore remain ‘least miserable’ in rankings
Continue reading… “These are the world’s most miserable economies”
A solar panel factory in Hillsboro, Ore. A decline in business formation has contributed to a flattening of the labor supply.
Can the market economy still deliver prosperity?
Continue reading… “Where are the startups? Loss of dynamism is impeding growth”
Make sure your planning prevents sticker shock in these major spending categories.
Continue reading… “Almost half of retirees spend more than expected on 2 common expenses”
The foreclosure crisis dumped a lot of high earners who have traditionally bought homes into the rental market.
Rapidly rebounding housing markets, with skyrocketing home prices in big cities, kept them there. Now the number of renters has reached a plateau, and it could be about to fall.
Continue reading… “America’s great renter boom is over”
JD.com is planning to build 185 drone airports in Southwest China.
The airports will help products reach villagers, while also delivering rural products across China.
This is the latest move by tech companies, including Alibaba, to capitalize on the growing rural market.
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.
Continue reading… “Here’s what the World’s Central Banks are saying about bitcoin”
Japan has risen above the U.S. in the worldwide rankings for the largest bitcoinexchange market. The country now accounts for roughly 48 percent of the global market share, reaching a high of 51 percent over the weekend.
Continue reading… “The US is no longer the world’s largest Bitcoin market”
Today’s artificial intelligence (AI), most experts will agree, is still far from what’s called a general AI — one that can perform any task human beings are capable of. Yet, despite limitations, AIs have become rather powerful — at least enough to beat human beings in their own games, or even to take over performing certain tasks in a number of industries. In Canada, AI is gearing up for a new role: Horizons ETFs Management, Inc. is preparing to launch the Horizons Active A.I. Global Equity ETF on November 1.
Continue reading… “The world’s first AI exchange-traded fund is set to run in Canada”
With the cryptocurrency market cap now estimated to be in the hundreds of billions of dollars and a sort of familiar frenzy kicking into overdrive, here’s another reminder that widespread adoption by the U.S. public has not yet materialized.
Continue reading… “Most Americans remain blissfully unaware of the blockchain revolution”
As technology overtakes every industry, the business forecast for jobs like typists, watch repairers, and postal workers over the next decade is bleak, according to a Bloomberg report citing Labor Department data.
Continue reading… “Report: These are the fastest-declining jobs in the U.S.”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.