Instagram has reportedly been “shadowbanning” certain posts, making them invisible on tagged pages. While it might not be a huge deal to casual Instagram users, it could be concerning if you rely on Instagram to market your business. This tool will tell you if you’ve been shadowbanned.
Ben Bernanke is worried. The former chairman of the Federal Reserve, who can offer his thoughts freely now that he is three years out of office, is not anxious about the objective, actual state of the economy.
The Trump administration is finally outlining its plan for tax reform, which leans heavily on tax cuts. It will be "the biggest tax cut and largest tax reform in history of this country," Treasury Secretary Steven Mnuchin promised Wednesday morning in an interview with The Hill.
The shamelessness was breathtaking. You may have noticed that we rolled out some cameras across our apps recently. That was Act One. Photos and videos are becoming more central to how we share than text. So the camera needs to be more central than the text box in all of our apps.
A series of research studies identifies the fundamental factors behind trade imbalances (Chinn and Prasad 2003 (link is external); Gruber and Kamin 2008 (link is external); Chinn, Eichengreen, and Ito 2011 (link is external); Gagnon 2012; IMF 2012 (link is external); Gagnon 2013; Bayoumi, Gagn
Instead of buying expensive things, people now use busyness to show their high status. New research finds that many celebrities use social media to boast about their lack of time, not their wealth.
When liberals talk about their health care utopia, they have scores of examples to choose from. Some name France’s high-performing multi-payer system (No. 1 on the World Health Organization’s rankings, in case you haven’t heard). Others point to Canada’s single-payer simplicity.
So what are we going to do about it? This is the only question worth asking. But the answers appear elusive.
First, a bit of background. I went to Yale and learned about elite college admissions from reading forums like College Confidential. This knowledge helped me get into great schools and I advised my classmates/younger students too. But 1-on-1 advising doesn’t scale.
You’ve probably heard the news that the celebrated post-WW II beating heart of America known as the middle class has gone from “burdened,” to “squeezed” to “dying.” But you might have heard less about what exactly is emerging in its place.
In the middle of an economic recovery, hundreds of shops and malls are shuttering. The reasons why go far beyond Amazon. From rural strip-malls to Manhattan’s avenues, it has been a disastrous two years for retail.
MALVERN, Pa. — The Vanguard trading floor is the epicenter of one of the great financial revolutions of modern times, yet it is a surprisingly relaxed place. A few men and women gaze at Bloomberg terminals. There is a muted television or two and a view of verdant suburban Philadelphia.
Wealthsimple is a whole new kind of investing service. This is the latest installment of our recurring series “Money Diaries,” in which interesting people tell the unvarnished truth about their financial lives.
Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way to far more exotic strategies, designed to extract every last dollar from the consumer.
In just 10 years, the world’s five largest companies by market capitalization have all changed, save for one: Microsoft. Exxon Mobil, General Electric, Citigroup and Shell Oil are out and Apple, Alphabet (the parent company of Google), Amazon and Facebook have taken their place.
You think the title’s too much huh? Don’t blame me- blame Thomas J. Stanley. Who’s that you ask? Thomas was a writer who spent 20 years studying American millionaires and patterns in their habits. The result of all his research was the bestselling book, “The Millionaire Next Door”.
Shorter workweeks could help reduce accidents, combat climate change, make the genders more equal, and more, contends historian and author Rutger Bregman. Had you asked the greatest economist of the 20th century what the biggest challenge of the 21st would be, he wouldn’t have had to think twice.
Seven in 10 Americans are disengaged from their jobs, according to Gallup. That's more than two-thirds of us who are unfulfilled by our work, just dragging our sorry selves to and from the office every day. One community has an attractive answer: just quit.
The signs of the gap—really, a chasm—between the poor and the super-rich are hard to miss in Silicon Valley. On a bustling morning in downtown Palo Alto, the center of today’s technology boom, apparently homeless people and their meager belongings occupy almost every available public bench.
Of all the accounts of the plight of the white working class that appeared during the 2016 election, the work of the married Princeton economists Anne Case and Angus Deaton seemed to cut most deeply.
Two law professors tried to mimic big activist hedge funds, investing their retirement savings in a small, languishing public company and trying to shake it up. Here’s what happened.
"Imagine a technology that could preserve our freedom to choose for ourselves and our families, to express these choices in the world, and to control our own destiny, no matter where we lived or were born.
A great deal has been written in recent years about the perils of automation. With predicted mass unemployment, declining wages, and increasing inequality, clearly we should all be afraid. By now it’s no longer just the Silicon Valley trend watchers and technoprophets who are apprehensive.
From Bill Gates to Elon Musk, from Warren Buffett to Ben Franklin, the most successful people in the world have always been voracious readers.
Along the cobblestone streets of SoHo, Chanel handbags and Arc’teryx jackets are displayed in shops like museum pieces, harking back to the height of the neighborhood’s trendiness. But rents there are softening, and the number of vacant storefronts is rising.
Guess what Steven A. Ballmer has been up to for the last several years. (No, not just cheering for the basketball team he owns, the Los Angeles Clippers.) It’s a novel project, and he plans to take the wrapping off it Tuesday.
Noah Kagan built three multi-million dollar online businesses before turning 28. He also looks great in green. (Photo: Brandon Wells) I first met Noah Kagan over rain and strong espressos at Red Rock Coffee in Mountain View, CA. It was 2007.
IN FEBRUARY it emerged that nearly half of the richest hedge-fund managers in Britain have donated a total of £10m ($14.8m) to the Conservative party since 2010. Labour, the opposition party, has accused the Tories of dishing out favours, such as a tax loophole, to their “hedge-fund friends”.
Donald Trump’s election win, many speculated, must be due to geographic inequality and the increasing concentration of economic activity in a handful of big coastal cities. It was tough to escape the woeful tales of small-town and Rust Belt voters in the final months of 2016.
Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian
Financial meltdown, environmental disaster and even the rise of Donald Trump – neoliberalism has played its part in them all. Why has the left failed to come up with an alternative?
It’s never a happy moment when you’re shopping for a tombstone. When death comes, it’s the loss that transcends everything else and most tombstones are purchased in a fog of grief.
In theory, statistics should help settle arguments. They ought to provide stable reference points that everyone – no matter what their politics – can agree on.
Many people don’t invest because it seems overly complicated. But if you want to build wealth, investing now is the easiest way to do so—and anyone can do it. Here are some basic steps to set up a simple, beginner investment portfolio that will make you money while you sleep.
I was visiting the Apostle Islands National Lakeshore, a 23-island archipelago in Lake Superior, when suddenly I found myself pining for Stockholm.
Is $5.1 trillion enough? Not if you’re Larry Fink. The man who built BlackRock Inc. and helped popularize exchange-traded funds now has ambitions to turn the world’s largest asset manager into something more like Google.
It's difficult to overstate how crushing America's student loan debt situation is. The amount of money adults in the US owe due to educations is over $1.3 trillion and jumps up by more than $2,000 every second. The average borrower owes $28,000, though some owe much more than that.
ONE sign that monopolies are a problem in America is that the University of Chicago has just held a summit on the threat that they may pose to the world’s biggest economy.
Looking back at asset class performance over the course of market history, we notice a hierarchy of excess returns.
And I wanted to maybe learn what I did wrong so I could start thinking how to make it back. I was a gambler at heart. I went from playing poker every day to playing the stock market every day. That’s mistake #1. I had to end that habit. I hope I did.
Too many choices. Using automation to reduce choices and dominate your money. I have known Ramit Sethi for several years now, first through PBWiki, which he co-founded, and later as someone I turned to with questions about the world and workings of finance.
The spectacular economic rise of the top 1 percent is now common knowledge, thanks in large part to the work of Thomas Piketty and his collaborators. The top 1 percent of U.S. residents now earn 21 percent of total national income, up from 10 percent in 1979.
Who is the man behind some of the most innovative companies in the world, including Tesla, SpaceX, Planet, D-Wave, and Synthetic Genomics? His name is Steve Jurvetson, and if you’re a tech enthusiast, then you’re intimately familiar with his daring venture capital work.
If you’re not a numbers person, finance is daunting. But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart.
You think the title’s a bit much, huh? Don’t blame me—blame Thomas J. Stanley. Who’s that you ask? Thomas was a writer who spent 20 years studying American millionaires and patterns in their habits. The result of all his research was the bestselling book, The Millionaire Next Door.
Bankers, pharmaceutical giants, Google, Facebook ... a new breed of rentiers are at the very top of the pyramid and they’re sucking the rest of us dry Bankers, pharmaceutical giants, Google, Facebook ...
Warren Buffett is a hugely successful investor, and his tips for investing are surprisingly accessible. Most of his methods are simple, straightforward and timeless. Here's some of Buffett's best money advice. Buffett warns against excessive borrowing.
The battered American retail industry took a few more lumps this week, with stores at both ends of the price spectrum preparing to close their doors. At the bottom, the seemingly ubiquitous Payless Inc. shoe chain filed for bankruptcy and announced plans to shutter hundreds of locations.
The first time I arrived in the United States as more than a tourist was in September 2008, to begin graduate school. It was a fateful time to land in the country: within weeks, the US financial system began to melt down.
An unconventional approach to investing drives Scott Minerd’s outperformance at Guggenheim Partners. Scott Minerd wadded up another piece of paper and looked out at the Pacific Ocean from his Santa Monica, Calif., office.
Lloyd Blankfein, the chief executive of Goldman Sachs, decided a couple of years ago that one of his star executives needed a mentor. "Hey Marty, I'd like to come over to your office to introduce myself," it said. It was from Eric Schmidt, chairman of Google's parent company, Alphabet.
Disclaimer: This piece is written anonymously. The names of a few particular companies are mentioned, but as common examples only. This is a short write-up on things that I wish I'd known and considered before joining a private company (aka startup, aka unicorn in some cases).
With well over 50 billion dollars to his name, Warren Buffett is consistently ranked among the wealthiest people in the world. Out of all the investors in the 20th century, Buffett was the most successful.
It is time to ditch the belief that economies obey rigid mechanical rules, which has widened inequality and polluted our planet. Economics is evolving It is time to ditch the belief that economies obey rigid mechanical rules, which has widened inequality and polluted our planet.
Last September, a very twenty-first-century type of story appeared on the company blog of the ride-sharing app Lyft. “Long-time Lyft driver and mentor, Mary, was nine months pregnant when she picked up a passenger the night of July 21st,” the post began.
A few months ago, Tyler asked Patrick Collison, CEO of Stripe, to be on the show. Patrick agreed, but only under the condition that he would do the interviewing. Thus, what follows is the conversation Patrick wanted to have with Tyler, not the one you wanted to have.
Sometime in the late 1800s—nobody is quite sure exactly when—a man named Vilfredo Pareto was fussing about in his garden when he made a small but interesting discovery. Pareto noticed that a tiny number of pea pods in his garden produced the majority of the peas.
Being frugal is a lot like agreeing to pick someone up from the airport. It sounds easy enough when you agree to it, but when it’s time to actually do it, ugh, what a pain. If you have a hard time sticking to a frugal habit, design your lifestyle in a way that makes frugality the default.
I t was all so painfully awkward. That night, Brittany Ashley, a lesbian stoner in red lipstick, was at Eveleigh, a popular farm-to-table spot in West Hollywood. The restaurant was hosting Buzzfeed’s Golden Globes party.
Consider the following. I’m a physician at the end of more than a decade of training. I’ve dissected cadavers in anatomy lab. I’ve pored over tomes on the physiology of disease. I’ve treated thousands of patients with ailments as varied as hemorrhoids and cancer.
Countless books and articles have been written about Warren Buffett. Surprisingly few have been written about his business partner of over 40 years, Charlie Munger. Munger has stayed out of the public eye, giving only a small number of public talks, and he’s rarely been covered in the media.
Have you ever noticed that the poorest, most miserable people you know tend to be buyers of lottery tickets? C’mon lucky numbers 3, 10, 16, 22, 4, 50.
To get what you want out of life, you need to set some goals. But that can be hard to do when you're not sure where all your money goes or how much you even have.
One afternoon, while on vacation in Florence at the end of 2014, Perry Chen flipped open his laptop and began to type some of the thoughts swirling in his head. A year earlier he had stepped down as Kickstarter’s CEO and into the role of chairman.
Depending on which economist you ask, big inequalities in wealth are either an essential engine for growth—the reward that motivates people to work hard, innovate, and prosper—or a ticking time bomb capable of unleashing mass misery, social upheaval, or even violent revolution.
As the UN’s new sustainable development goals are launched in New York, there’s little to celebrate about the business-as-usual approach As the UN’s new sustainable development goals are launched in New York, there’s little to celebrate about the business-as-usual approach This
Managing your finances and making smart money moves is a marathon, not a sprint. That's because there are always better ways to save cash, invest wisely and pay down debt strategically.
I’ve spent more than 5 years being a Bitcoin developer. The software I’ve written has been used by millions of users, hundreds of developers, and the talks I’ve given have led directly to the creation of several startups. I’ve talked about Bitcoin on Sky TV and BBC News.
Walk half a city block in downtown Washington, and there is a good chance that you will pass an economist. People with advanced training in the field shape policy on subjects as varied as how health care is provided, broadcast licenses auctioned or air pollution regulated.
Five years ago, dropping the abbreviation UBI in conversation would be more likely to earn you a puzzled glance than a knowing nod. But these days, universal basic income—a policy often glossed as “paying people for being alive”—is gaining popularity both in the United States and abroad.
According to TechCrunch, investors were excited by the success of its new Robinhood Gold subscription plan, which launched in September. While the main service does not charge fees to trade stocks, Robinhood Gold subscribers pay $10 a month to get an extra 2.
Income inequality in the United States is growing, but the most common economic statistics hide a significant portion of Americans’ financial instability by drawing on annual aggregates of income and spending.
Motivational speaker Jim Rohn famously said we are the average of the five people we spend the most time with. One significant reason this happens is because of their example and model. As we recognize their positive aspects, we seek to emulate those characteristics in our own lives.
In 1909, a group of Virginia developers placed an ad in The Norfolk Ledger-Dispatch announcing the creation of a subdivision that — because it was built on a pair of peninsulas where the Lafayette and Elizabeth Rivers poured into Chesapeake Bay — came to be known as Larchmont-Edgewater.
Please welcome today, a good blogging bud of mine, ESI from ESIMoney.com. He recently retired at 52 and gained a whole new appreciation for what life has to offer.
After what amounts to a decades-long series of disasters, the American aviation industry is finally in a good place. Overcapacity and fare wars have been eliminated, redundant staff is gone, and with the economy improving, people are buying plane tickets again.
One of my numerous very boring hobbies is reading books about investing so you don’t have to. Often when I told people I was building a (toy) stock exchange they’d ask me for stock advice, which is about as well-considered as asking a WoW guild to deal with your terrorism problem.
It seems like everyday we hear the siren calls of a coming end of jobs. A new report out of the PwC says that 38% of all jobs in America are at risk of being automated. This mostly affects jobs that require little to no education.
Rob Austin and his wife, Natalia, have a 10-month-old son, healthy incomes and plenty of cash in the bank for a down payment on a house. But they are happily renting a townhouse in Pasadena, Calif., with no plans to buy for now, given the frothy prices in their area.