The 10 Richest Cities in America

USA Today – When you think of a rich city, do you think of a place with a ton of million dollar homes? Maybe a place with a lot of culture, job opportunities, or beauty? Many of the richest cities are in high-demand for these very reasons. But, while some cities...

Millennials are Falling Way Behind

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...

Ray Kurzweil’s Mind-Boggling Predictions

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...

What a Starbucks Does to the Neighborhood

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...

Romney On Real Estate Binge After Loss

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...

Subprime Bonds Are Back With Different Name

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...
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