The database is part of the government’s “Open Payments” program.
Scores of doctors’ groups have called for postponement, but the Obama administration intends to stick to its 30 September deadline for making public a database detailing payments and gifts from the drug industry to US physicians, a spokesperson for the US Centers for Medicare & Medicaid Services (CMS) said on 15 September.
Many of us now receive payments as well as make payments.
Ross Dawson: Last week I gave a keynote on The Future of Banking to a group of the most senior risk leaders in a major bank, sharing some provocative ideas on how the banking landscape may change in the years to come.
Continue reading… “Micro-payments between connected devices could enable a new layer of the economy”
Amy Norman and Stella Ma started pitching investors on their San Francisco-based startup, Little Passports, in 2009. Both women had young children and Norman was pregnant. The overwhelming majority of the investors they met with were men who wanted to know “if we were running this as a ‘lifestyle company,’” Ma recalls. Investors passed and word got around Silicon Valley that “there’s no way women like this could grow a company fast enough” to satisfy venture capitalists, Norman says.
Continue reading… “Angel Investing: Rise of women investors fuels businesses run by women”
Cignifi relies solely on mobile phone behavioral data.
Financial institutions, in the developed world, use credit history in order to assess a person’s creditworthiness and subsequently issue them financial products at personalized terms.. Unfortunately, that’s difficult to do in emerging markets, where mobile phones are more prevalent than traditional credit history.
Continue reading… “Cignifi raises funding to provide credit scores for people in emerging markets”
Poverty and homelessness on the rise.
Is it time for Basic Income? The idea of Basic Income has been endorsed by economists from a variety of political camps, but has always seemed more of a distant dream than a reality. Productivity and standard of living increases made Basic Income practical and logical.
Continue reading… “Is it time for a Guaranteed Basic Income?”
For high-tech workers in San Francisco, the average annual wage rose to $156,518 in 2013, up almost 19 percent from the year before. That ranked the city No. 1 for high-tech wage growth out of 34 markets nationwide, according to Bureau of Labor Statistics data crunched by JLL, a commercial real estate services firm.
Continue reading… “Tech wages that will astound you”
The Sense sleep tracking device has been backed by angel investors and crowdfunding campaigns.
Wall Street Journal’s Evelyn Rusli reports that startups are tapping new sources of early-stage funding, including ad hoc networks of wealthy tech executives doing some investing on the side, and that should give some big venture capital firms pause. Twenty-three year old entrepreneur James Proud is the latest example. He has raised $10.5 million from a circle of well-connected angel investors and an additional $2.4 million in a Kickstarter campaign for his sleep-tracker device Hello.
Continue reading… “Pre-VC rounds are shaking up early-stage funding”
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.
Continue reading… “How much $100 is worth in every state: Map”
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 Global Bank of Bitcoin was a charter member of Bitcoin’s new Central Bank based in Luxembourg.
Continue reading… “Establishing the Central Bank of Bitcoin”
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 you make and how you spend that money also play huge parts in dictating what your life looks like. Vox presents 29 charts below showing how Americans earn and spend money, from childhood through their golden years.
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 gulf between the fortunes of America’s richest.
Continue reading… “Map shows the wealthiest person in each state”
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.
Continue reading… “Job growth is faster in states that raised minimum wage”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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