money – Page 11 – Impact Lab

Analysis, Business, Money Talk, Science & Technology News

Predictions for money, currencies and payments

May 12, 2011

In the future, paper money may be displaced with digital points of a vendor.

Karl Dakin: The subject of how we will be paid and make payments in the future was presented at the DaVinci Institute’s Night with a Futurist on Monday night. The presentations covered potentially major changes in the way we conduct business and interact as a society as technological advances in mobile computing enable new ways of exchanging things of value.

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Big Problems, Business, Economy, government, Latest Trend, Money Talk

Billions in Losses Reported By the Postal Service

May 11, 2011

Postal Service reports more that $2 billion in losses.

The U.S. Postal Service is continuing to lose money, reporting a loss Tuesday of more than $2 billion over the first three months of the year and warning it could be forced to default on federal payments.

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Analysis, Business, Internet, Latest Trend, Science & Technology News

Here Comes Internet Boom 2.0

May 8, 2011

Groupon’s headquarters in the former Montgomery Wards’ catalog warehouse.

The prospect of finding the next Facebook, Groupon or Twitter is driving the biggest rush of venture capital into the Internet start-up arena since dot-com mania first boomed and then fizzled more than a decade ago.

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Analysis, Latest Trend, Money Talk

The Future of Philanthropy

May 7, 2011

Futurist Thomas Frey: Former Citigroup Chairman Walter Wriston once said, “Capital goes where it’s welcome and stays where it’s well treated.”

Philanthropy has traditionally been the interface between wealth and need. It gives pride to the wealthy, give purpose to those without, and gives hope to the underprivileged.

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Analysis, Big Problems, Business, Corporate Manipulation, government, Money Talk

Swiss Authorities Freeze Bank Accounts Belonging to Russian Tax Officials

May 7, 2011

A group of Russian tax officials is alleged to have helped steal $230m (£140m) from the Russian state in an elaborate tax fraud.

Authorities in Switzerland are reported to have frozen dozens of bank accounts belonging to Russian tax officials. This is part of a criminal investigation into claims that the funds on them are derived from the biggest tax fraud in Russian history. The Swiss authorities began investigating after UK investment fund Hermitage filed a complaint against a group of Russian tax officials it alleged had helped steal $230m (£140m) from the Russian state in an elaborate tax fraud.

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government, Money Talk

Cash-strapped States Go After Billions of Dollars in Unclaimed Life Insurance Benefits

May 3, 2011

States have laws stipulating that the government becomes the owner of abandoned property after a period of time.

Billions of dollars in unclaimed life insurance benefits are at the center of a legal wrestling match as cash-strapped state governments step up their efforts to make sure insurance companies properly account for the funds.

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Analysis, Economy, Latest Trend, Money Talk

1 in 5 Americans are Raiding Their Nest Eggs

April 30, 2011

Raiding retirement accounts can have significant consequences.

Many Americans struggle to pay the monthly bills and are feeling less secure about their finances. A Bankrate.com study released this week shows nearly one in five Americans (19 percent) admit raiding their retirement accounts during the past 12 months to cover expenses.

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Analysis, Business, Money Talk

‘Spillionaires’ – BP Oil Spill Payouts Create New Rich

April 14, 2011

Thomas Gonzales is one of the only Delacroix fishermen who refused to work for BP.

Instead of economic ruin in the Gulf Coast, the oil spill has brought in a gusher of money. The many people who cashed in on the oil spill have earned nicknames: “spillionaires” or BP rich.” But there were some people who wound up getting little of the money.

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Analysis, Business, Economy, Latest Trend, Money Talk

CEO Pay Jumps 27% While Workers’ Pay Stalls

April 2, 2011

The highest paid of the CEOs was Philippe Dauman, CEO of Viacom.

CEOs didn’t have to cry poor for long. The heads of the nation’s top companies got the biggest raises in recent memory last year after taking a hiatus during the recession.

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Analysis, Business, Education, Money Talk

Employers Who ‘Overpay’ Workers Outperform Competitors

March 28, 2011

The best use of money as a motivator is to pay people enough to take the issue of money off the table, so that people can focus on the work rather than on the cash.

The best use of money as a motivator can be to pay people enough to take the issue off the table.

After more than 200 years of sharing a common language, the United States and Great Britain now share a common predicament.

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Globalism, Latest Trend, Money Talk

Investors Pull Billions From Emerging Markets

March 3, 2011

Armed rebels in Libya.

As angry populations roil one Middle Eastern regime after another, and discontent over escalating food prices and lagging living standards is heard elsewhere in the developing world, investors are moving staggering piles of cash out of emerging markets.

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Analysis, Economy, Money Talk

Survey Finds Recession Can Strengthen a Marriage

February 13, 2011

Recession strengthens marriage vows.

While money problems sometimes strain a marriage, the opposite may also hold true: More than one-quarter of married Americans polled in a recent survey said the current recession has strengthened their union.

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