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AIRLINE SAFETY
AN ACADEMIC economist was taken off a plane last week after a fellow passenger became suspicious. He was feverishly scribbling what she thought was “terrorist code” or foreign lettering into a notebook. It turned out that Guido Menzio, an Italian
BITCOIN’S CREATOR. WRIGHT’S WRONGS.
ANOTHER Satoshi has bitten the dust. On May 2nd Craig Wright, an Australian entrepreneur, published on his blog what he claimed was proof that he is Satoshi Nakamoto, the mysterious creator of bitcoin, a cryptocurrency. Within 90 minutes the post
U.S. TREASURY TAKES A STAND FOR TRANSPARENCY
In the aftermath of the “Panama Papers” scandal, the U.S. Treasury announced that it would put forward a long-shelved draft rule to compel U.S. banks to identify the people who use shell companies and similar corporate structures when they try
WHY BUSINESS TRAVELLERS FORGET THEIR MANNERS WHEN ABROAD
DO PEOPLE become less considerate when they travel for business? Gulliver was mulling over this recently, after he was phoned by the PA of someone who was travelling to London and wanted to arrange a meeting. He would like to
YES, CHINA HAS WON BIG FROM U.S. TRADE
America’s middle class is deeply concerned about jobs, pay and their future, and many of them are blaming China. In the U.S., 43% of voters believe trade with other countries is a bad thing, according to the Pew Research Center.
TOP 5 SOCIAL MEDIA SCAMS TO AVOID
Scammers have been worming their way into giant social media networks to trick people into giving over their personal and financial information. Over the past year, the number of phishing attempts on social media networks like Facebook (FB, Tech30), Twitter
STOCKS HAVEN’T BEEN THIS EXPENSIVE IN 7 YEARS.
Bargain-shopping for stocks is pretty tough these days. The good news is that the recent dramatic comeback on Wall Street has erased painful losses in your portfolio. The bad news is there are growing questions about how long the rally
HARRIET TUBMAN, ANTI-SLAVERY ACTIVIST, TO BE ON NEW US $20 BILL.
Anti-slavery activist Harriet Tubman will be the first woman to appear on a US banknote for more than a century. Tubman, who was born a slave around 1820 and helped hundreds of others escape, will feature on the new $20
TOUGH CHOICES
VOTERS’ anger over inequality is one explanation for the rise of politicians as varied as Donald Trump, Bernie Sanders and Marine Le Pen. This anger also makes it very difficult for the free-market right to realise one of its key
BOEING TO CUT MORE THAN 4,500 JOBS TO REDUCE COSTS.
The world’s largest plane manufacturer Boeing plans to cut more than 4,500 jobs by the middle of the year to reduce costs. A company spokesman said about 1,600 positions will go through voluntary redundancies while the rest will take place
4 WAYS TO TELL IF YOU’RE FINANCIALLY READY FOR RETIREMENT
A recent study put together by Go Banking Rates says Americans are not in a good place when it comes to saving for retirement. Patrick Jones (@Patrick_E_Jones) explains. Buzz60 Do you have enough money to retire? That’s not an easy
CENTRAL BANKS AND THE MARKETS: ENABLING THE ADDICTION
TIME for equity investors to send Janet Yellen some champagne, or at least a bunch of flowers. Once again, markets are rising because of something that a central banker said. In a speech yesterday, Ms Yellen highlighted the complex relationship
THANKS, STARBUCKS: HOW DAILY SPENDING HURTS RETIREMENT SAVINGS.
Americans are saving for retirement, but many are also spending at a rate that will prevent them from enjoying the kind of retirement they dream of, according to a report released this week by Personal Capital, an online financial advisor
ARE YOU PREPARED FOR NEW OBAMACARE TAX FORMS?
For tax year 2015, millions of Americans will be getting a new tax form related to health care reform measures. Will you know what to do with yours when it arrives? The Affordable Health Care Act, colloquially known as “Obamacare,”
STOCKS AT 2016 HIGHS AS OIL SURGES
Thursday the European Central Bank, better known as the ECB, said it was pushing its key deposit rate further into negative territory. It might seem far-fetched, but it actually makes sense – in theory. The Public Accounts Committee (PAC) said