Since the subprime mortgage meltdown a few years ago and the economic downturn that hindered much of the United States, the housing market still remains a kick in the head, and as the Wall Street Journal’s MarketWatch writes, it "still isn't all fine and dandy." A phalanx of recent … [Read more...]
Iran’s carpet exports reach $57 million in Q1 amid sanctions
For hundreds of years, Persian carpets – or Persian rugs – have been an important aspect of the Iranian economy. Carpet-weaving has also become a fixture in Persian art and culture, and traces its origins to ancient Persia. Iranians are born on carpets and when they perish they are … [Read more...]
CheapAir generates $1.5 million bitcoin sales since November
After becoming the very first online travel agency to begin accepting bitcoins this past November, CheapAir.com announced in a press release Tuesday that it has generated more than $1.5 million in bitcoin sales, a common figure for a lot of major businesses allowing customers to pay … [Read more...]
Dental assistants are making 20% less than Bureau of Labor Statistics data suggests
Being a dental assistant is considered to be one of the physically strenuous, demanding and stressful jobs in the labor market today. As dental assistants essentially become the glue that holds the office together and is usually the first one to arrive and the last one to leave, one … [Read more...]
Fed economists: ‘Onshoring’ is just a myth, misunderstanding of data
Over the past couple of years, a number of public officials and economists have presented the case that manufacturing jobs are returning to the United States from emerging markets as part of a trend called by some as "onshoring." Unfortunately for the U.S. labor market, it’s simply … [Read more...]
AirBaltic removes contentious bitcoin transaction fee
Last week, Latvian airline AirBaltic became the very first European airline to accept bitcoin for flight bookings. This came with a wave of controversy from both inside Latvia and from digital currency users who were upset about the company applying a €5.99 ($8.05) fee on bitcoin … [Read more...]
Ecuador passes bill to ban bitcoin, digital currency usage
What may perhaps be the first of many countries to do so in the future, the National Assembly of Ecuador has voted to prohibit (PDF) the peer-to-peer decentralized digital currency bitcoin and other virtual currencies. However, the country has plans to produce guidelines for the … [Read more...]
Mark Cuban thinks taxes will jump if inversions continue rising
United States President Barack Obama spoke with CNBC on Thursday to discuss the issue of "fairness" in the economy. Most of the interview consisted of the president talking about "inversions," a practice of U.S. companies merging with smaller overseas corporations to avoid paying … [Read more...]
Jesse Jackson pressures Twitter to release diversity report: nothing to see here
Twitter became the latest major United States company to release a diversity report after civil rights activist and former presidential candidate Jesse Jackson requested the social media outlet Twitter publish its findings. According to the report, Twitter employees are mostly white … [Read more...]
Big jump in Apple (AAPL) 2014 research spending spotted
Even as iWatch rumors fly thick and fast in investing and analytical circles, Apple Inc. (NASDAQ:AAPL) spent more money on research than it has in nearly a decade, according to some perceptive detective work by the Financial Times. Apple's financial figures indicated a massive upward … [Read more...]
Wall Street Journal website breached, hacker offers data for one bitcoin
When it comes to peer-to-peer decentralized virtual currencies, hackers usually travel two routes: attack virtual currency exchanges and steal clients’ digital holdings or infiltrate computers and use their power to mine for digital currency. Lately, however, hackers have been … [Read more...]
Australian Tax Office (ATO) issues further clarity on bitcoin taxation
What seemed like constant back and forth modifications and officials changing their minds on a regular basis, the Australian Tax Office (ATO) finally somewhat released a little bit of clarity on how taxpayers can correctly address their bitcoin holdings on their income tax … [Read more...]
American consumers cut back on spending this summer
This summer, the cost of pretty much everything has gone up: meat, eggs, fruit, vegetables, water and gas. Due to this, consumers have been cautious as to what they are consuming in the hot summer months of July and August. In fact, they are using various methods to cut back on … [Read more...]
Millennials stuffing cash under their matress instead of investing in the stock market
Despite the growing concerns that millennials will be defined as the “lost generation” and a group of people that will be worse off than their parents, reports show that those born between 1981 and 2000 will control approximately $9 trillion in assets in a few years and inherit $36 … [Read more...]
Hoarding and security issues are preventing bitcoin from going mainstream
When it comes to the future of bitcoin and its widespread adoption capabilities, one of the common themes that investors, analysts and venture capitalists iterate is the virtual currency’s security. There is another worrisome element to the digital currency that may produce … [Read more...]
Mexican billionaire tycoon Carlos Slim argues in favor of a three-day work week
How would you react to a three-day work week that would entail of 11-hour days and workers delaying their retirement until the ages 70 or 75? This so-called "radical overhaul" is being suggested by Mexican billionaire tycoon Carlos Slim, who delivered a speech at a conference in … [Read more...]
Dell is now the largest retailer to accept bitcoin
The third biggest personal computer seller in the world today, Dell, will now accept bitcoin on its website. The multinational billion-dollar company announced in a blog post Friday that it will start permitting the peer-to-peer decentralized digital currency as a method of payment … [Read more...]
Extramarital affairs come with hefty price-tag, $444 per month
Extramarital affairs have become common, and actually promoted, in today’s society. Television shows, motion pictures and magazine articles glorify cheating to immense proportions. Of course, such activities can lead to domestic strife, the end of a family and a pretty penny to your … [Read more...]
Polish law firm urges government to impose consumer protections for bitcoin
Since the collapse of the biggest bitcoin exchange website in the world, Mt. Gox, there have been numerous calls for consumer legislation, regulations and protections in regards to the world of peer-to-peer decentralized virtual currencies like bitcoin and litecoin. Despite railing … [Read more...]
Time Warner rejects Rupert Murdoch’s $80 billion dollar takeover bid
Will Rupert Murdoch dominate the media landscape in the near future? Maybe. Time Warner rejected an $80 billion takeover offer from Rupert Murdoch’s 21st Century Fox and confirmed that it has no other interest in speaking with the media entertainment juggernaut. It was noted that … [Read more...]
