The average CEO makes more in an hour than his or her average employee makes in a month.
The rise of extreme income and wealth inequality is one of the biggest crises in the American economy. One of the causes of the wealth inequality is the bizarre consensus that, when it comes to the pay scales of the people at the top, there’s no such thing as “too much.”
Continue reading… “The average CEO makes 380 times as much as the average employee”
[vimeo]http://www.vimeo.com/63502573[/vimeo]
Bitcoin, launched in 2009 by an anonymous developer, is an intriguing technological and financial experiment. Quartz reports, there has been a recent spike in value (approximately 1,300% since the beginning of the 2013). Starting your own currency is “not as complicated as it sounds. All you need is a system other people can understand and, most importantly, trust,” according to The Atlantic’s Derek Thompson.
Continue reading… “What is Bitcoin? This video explains it in less than 4 minutes”
Several brick-and-mortar businesses across the US have started accepting the virtual currency.
Bitcoin is a cryptographic digital currency that is not underwritten by any government. Bitcoin is designed to be secure and can’t be counterfeited and can be used with anonymity because the software underlying the currency operates on decentralized peer-to-peer network. What started out in 2010 as an underground currency for grey-market activities, has since grown to a $400 million worldwide market for buying everything from pizza to domain names. In an attempt to prevent inflation, the number of Bitcoins in circulation will continue to grow automatically at an ever-decreasing rate, according to the laws of its software, until reaching maximum of 21 million coins shortly after 2030. There are just over 10 million today.
Continue reading… “Bitcoin: The revolution of digital currency”
You probably took away a couple facts if you watched Poltizane’s viral video on U.S. wealth inequality. America’s rich claim an even more mind-bogglingly huge share of the nation’s wealth than they do of its income, and most people in this country would like them to have less of it.
Continue reading… “U.S. wealth inequality is extreme by global standards”
WordStream has counted no fewer than 21 ways that Google is monetizing mobile.
In 2012, Google had its first $50 billion year. But with its massive investments in mobile, someday it might make that much just on the little plastic and metal devices we carry in our pockets. (Infographic)
Continue reading… “21 ways Google is monetizing mobile”
Monaco
According to the list of the world’s billionaires released by Forbes the United States isn’t even in the top 1o. At the top the list is a tiny country with a relatively small but proportionally large number of billionaires. That country is Monaco. Monaco has three billionaires—specifically, David and Ezra Nahmad, two brothers who are art “megadealers,” along with Lily Safra, the widow of a wealthy banker.
Bitcoin
Bitcoin, virtual currency, hits a new record high in value after the largest Bitcoin exchange, Mt. Gox, stirkes a deal with the startup CoinLab to handle its U.S. operations.
Continue reading… “Bitcoin hits new high in value after Mt. Gox exchange agrees to move to the U.S.”
The Great Recession and the weak recovery darkened the retirement picture for significant numbers of Americans.
A majority of Americans are headed toward a retirement in which they will be financially worse off than their parents for the first time since the New Deal. This jeopardizes a long era of improved living standards for the nation’s elderly, according to a growing consensus of new research.
Continue reading… “Most future retirees face fiscal troubles”
There are seven innovative strategies to monetize mobile apps.
For mobile developers, monetization is not a simple process. Ads, paid installs, and in-app purchases can all generate revenue for mobile app developers, but they are not the only methods available.
Continue reading… “Top 7 ways to make money from apps without ads”
The cheapest plan for family will cost $20,000 per year.
American families will be forced to buy conventional health insurance that primarily benefits the pharmaceutical industry under Obamacare. By 2016 the cheapest health insurance plan available will cost a typical American family $20,000 a year, according to the IRS.
Continue reading… “Obamacare will cost the average American family $20,000 a year: IRS”
Facebook made two pennies per user per month.
A billion people offer their two cents every month to Facebook, literally. That’s about how much income Facebook generated per user each month over the last quarter.
Continue reading… “Facebook generated 2 cents per user last month in income”
The dream Martin Luther King Jr. had for his children was that they would “one day live in a nation where they would be judged not by the color of their skin but by the content of their character.”
Continue reading… “How crowdfunding can change the investment status quo”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.