All Posts Tagged Tag: ‘Economics ’

American Wealth Still Down Since the Recession, Shows Study

Though the U.S. was hit hard by the recession and the popped housing market bubble, generous infusions of government money have managed to begin turning the numbers around. Employment numbers are slowly rising, though income remains largely stagnant. Wall Street is back on its feet, though that won’t mean much for a majority of Americans. In all, economic indicators are …

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Pope Francis: Capitalism Is “A New Tyranny”

Pope Francis carefully chose this moment to capitalize on his internet popularity with an even more radical statement: that uninhibited capitalism represents “a new tyranny,” and that global leaders are not doing enough to battle the growing income disparity. Pope Francis’ Twitter account, @pontifex, is the most talked-about thing on the internet, and Francis remains unafraid to discuss controversial issues …

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Obamacare Could Cause People to Stop Working, Say Economists

Major portions of the Patient Protection and Affordable Care Act, colloquially known as “Obamacare,” are set to go into effect starting next year. The effects of the legislation will be felt throughout the U.S. healthcare industry for years to come, but economists this week are pointing out one consequence that may show up almost immediately. Economists from Northwest University, the …

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Dr. Doom 2013 Prediction: Global Economic Turmoil Headed Our Way

Dr. Doom 2013 prediction: Economist Nouriel Roubini recently stated that a “perfect storm” for economic disaster is currently brewing, and he stands behind his beliefs. Considering Roubini is the guy who accurately predicted the country’s previous financial disaster, it’s safe to assume that countless buttholes are being clenched whenever this guy has something to say. And while you may think …

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Why Is Gas Almost $4.00 a Gallon?

I’m going to admit something to you that may affect how you read this article. Call it full disclosure; call it conscience. You need to know this before we jump into this subject. I dropped out of high school Economics. There, I said it. I dropped that class and took a study hall. And I did it because of a …

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Trading On Twitter: How Trends May Predict Stock Market Values

Those trending topics on the left-hand sidebar of your Twitter account may be more than aggregations of crass sexual stereotypes or the latest false rumor of a celebrity death. According to a new study out of the University of California, aside from giving you a glimpse of humanity’s reality TV-poisoned id, Twitter trends may be predictive of stock market performance. …

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Digital Coupons Help Atlanta Become Most Frugal City In U.S.

Atlanta knows how to save a buck or two, according to a new study from Coupons.com. In a survey released today identifying the most frugal cities in the United States, the Big Peach is the best at not spending a lot. These are complicated economic times and people are looking for whatever break they can get when it comes to …

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Putting Your Mobile App On Sale Boosts Revenue, Study Finds

If you’re a developer who doesn’t want to shell out money for ads, there’s one reliable tactic you can employ that will not only boost your notoriety but also improve your revenue: put your app on sale. Despite the concept sounding counter-intuitive – lower the price of your product and then make more money – the numbers have been crunched …

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Should Your Mobile Phone Activity Affect Your Credit Score?

The Boston Globe ran a story a few days ago about a company called Cignifi who has developed a way to calculate a person’s credit report in the absence of any previous credit history. The claim is counter-intuitive to how we understand the assessment of credit risk in the developed world because Cignifi’s plan has very little to do with …

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Google Econ 101: How Much Is The Internet Worth?

The obvious answer to the headline’s question is, “a lot,” given this week’s contentious activity between government and Internet culture. But the question was actually less existential and more economical. Through their European Public Policy Blog, Google has announced the launch of a new website, Value of the Web, that will collect economic reports from around the world in order …

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Is The Internet Officially A Basic Utility Now?

Winter seems to have finally remembered that it has somewhere to be this year – here – so it’s time to dig the space heater out of the closet and get your warm on. Or, at least, that’s what you’d expect people to do in light of the arrival of frigid climes but it turns out keeping the heat on …

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Hostess, Maker Of Beloved Twinkies, Going Bankrupt: Twitter Reactions

Science – or urban mythology – has constantly told us that Twinkies last forever. They’re man’s best friend in the event of a toxic nuclear fallout because such mortal concerns as expiration dates do not concern Twinkies. Twinkies take the space-time continuum and make rudimentary origami bananas out of it. They’re the Chuck Norris of food. But, Twinkies appear to …

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