What is far more frightening is that cryptocurrency is just the tip of the iceberg when it comes to electricity-hungry tech. Several technologies that might be huge electricity hogs are about to go into wide use. Some of them will be greater consumers of power than cryptocurrency.Read more
Using the Debt Snowball Effect you should begin seeing small victories first as debts are paid off with the ultimate goal of finally paying off your mortgage.Read more
For many retirees, money is going to be tighter than it was during their salad days. These folks need to live in a place where the price of a home or the price of a hot dog is in line with the resources they have.
Of course, cost of living varies even within each state, but here are a couple of tips. Among larger cities, Pittsburgh has a lower cost of living than almost anywhere else. It also has cultural opportunities galore and the highly-rated University of Pittsburgh Medical Center. States with low costs of living across the board include Arkansas, Tennessee, and Kentucky.Read more
This state was almost heaven to John Denver; who was born in New Mexico and lived in Colorado, but not for Baby Boomers looking to retire.
West Virginia’s issues are, in many ways, the opposite of Minnesota’s. The cost of living in West Virginia is below the national average. However, the state is in the midst of a budget mess that may hurt the retirement population.
In spite of what you may have heard, coal is never coming back to mainstream prominence. How West Virginia deals with the transformation to a new base product will tell the tale for the next decade. Healthcare numbers for The Mountain State aren’t promising, as well.Read more
There are also serious doubts about the conventional wisdom that digital advertising is the best means of reaching customers. Last year, Proctor & Gamble (NYSE: PG) cut its digital advertising spending by $200 million because that medium simply was not working, Ad Age reported. The money was reinvested in other areas such as television, e-commerce, and audio (radio).
There are two ways that newspapers like The Times and The Post might make a lot of money in today’s world.
Obviously a lot of people will be scared by the USC, because it sounds as if the bankers know something about the world’s financial system we do not. One cynical view might be that bankers fear the current system might collapse so they are quietly building an alternative.Read more
Simply breaking up too big to big fail institutions which reforming the system will be a pointless endeavor. The only real way to prevent future meltdowns is to fundamentally reform and modernize the infrastructure of finance. Government must take the lead in such modernization.Read more
Ripple (XRP) has joined the Linux Foundation-sponsored Hyperledger Project. This move is potentially disruptive because the Hyperledger Project is anRead more
Such a deal will give Avis-Budget experience maintaining and deploying self-driving vehicles. It also puts it in a position to provide autonomous vehicles for ridesharing services like Uber and Lyft, and delivery services like GrubHub (NYSE: GRUB), Instacart, Parcel, and Shipt.
Delivery is going to be a huge market for self-driving vehicles because of the involvement of big retail. Walmart (NYSE: WMT) is planning to offer grocery delivery to 40% of the US population through services like Uber, Deliv, and Lyft. Target (NYSE: TGT) has bought the grocery delivery solution Shipt, and Kroger (NYSE: KR) is partnering with Instacart.Read more
Fortunately, Lo may have figured out how to finance healthcare research and the war on cancer without raising taxes.
His suggestion is for Uncle Sam to issue CancerCures bonds similar to the war bonds the US government issued to finance World War II. The bonds would finance biomedical research into a cancer cure.Read more