An astonishing 49.8% of Millennials said they would give up the right to vote in the next two presidential elections in exchange for student-loan forgiveness, a Pollfish survey conducted by the loan refinancer Credible found.Read more
The goal at Sharpe is to fix one of the biggest shortcomings in AI-based investing. AIs are very good at technical or fundamentals analysis; but are unable to judge market sentiment which is based upon human emotions and beliefs.
Sharpe Capital hopes to correct that by teaching AI how to spot patterns of behavior and sentiment in the market, a whitepaper indicates.Read more
The horrendous thing about Medicare is that millions of Americans with no health insurance coverage are paying for a federal health insurance program they cannot take advantage of.
No company is cutting the CEO’s pay to pay for health insurance for employees. They charge everybody more. As with Medicare Tax, people are paying for health insurance they cannot take advantage of. The situation is made worse by Obamacare which takes away employers’ choice not to offer health insurance.Read more
The only real threat to eBay will be aging and dying off of America’s 74 million or so Baby Boomers (people aged 52 to 72). The Boomers are eBay’s main customers; their insatiable appetite for collectibles and kitsch drove its growth and recent profits. As the number of Boomers declines, eBay’s revenues and income are likely to fall.
One potential danger that eBay might face is a growing glut of collectibles and antiques on the market; as Boomers or their heirs sell and find no buyers. News articles indicate that Boomer’s kids; Generation X and Millennials, have little or no interest in a lot of their parents’ possessions.Read more
The average life expectancy for Americans actually declined and the mortality (death) rate for Americans increased by 1.5% between 2014 and 2015, Bloomberg Technology reported. This is only the second time since 1980 that has occurred.
The health of middle aged Americans is now worse than it was 10 or 15 years ago a study in the journal Health Affairs concluded.
We might see vast amounts of real estate dumped on the market at once by desperate Boomers if there is any sort of economic downturn. Others will sell because of medical problems, old age, or houses they cannot maintain.Read more
The situation at Nordstrom is teaching a hard lesson that all investors need to learn. It is even good stocks and brands will suffer in the retail apocalypse.Read more
A Canadian company named Clearpath Robotics Inc. filed a trademark infringement suit against Levandowski’s company in the Northern District of California on August 24, 2016. Attorney Kuyler Neable reported. Clearpath also charged Otto with “unfair competition, and unfair advertising” in Clearpath Robotics, Inc. v. Ottomotto LLC (Case Number: 3:2016 cv 04891).Read more
The shortage is disgusting because atenolol is not an exotic, high-tech drug, it’s a generic product that been around for years. There’s no patent to pay and manufacturing is no more technologically challenging than making laundry detergent. Yet there’s a shortage which shows a serious problem with the pharmaceutical industry.Read more