Business Insider – The past is another country. In 1980, the typical young worker in Detroit or Flint, Michigan, earned more than his counterpart in San Francisco or San Jose. The states with the highest median income were Michigan, Wyoming, and Alaska. Nearly...
SingularityHub – In Peter Diamandis’ new book BOLD, one of the interviews that he is most excited about is with his good friend Ray Kurzweil. Bill Gates calls Ray, “the best person I know at predicting the future of artificial intelligence.” Ray is also...
Newser – It seems like an expected enough conclusion: A Starbucks is good for the neighborhood. But just how good? Zillow CEO Spencer Rascoff and Chief Economist Stan Humphries dig into the question by syncing their own real-estate data with known Starbucks...
Newser – Mitt Romney might have gotten a little notoriety for his house with the car elevator, but that was the tip of the real estate iceberg and the buying binge he went on in the wake of his 2012 loss. As the Boston Globe reports, “For the first time in...
Bloomberg – The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don’t call it subprime. Hedge fund Seer Capital Management, money manager Angel Oak Capital and Sydney-based bank Macquarie Group...
Newser – As Greece’s newly elected Syriza party takes office, its top economics spokesman is making the party’s views on debt clear. It’s “unrealistic” to think that Greece will be able to pay back the $270 billion bailout it...
