Ben Russell

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Rise of the Robots Will Eliminate More Than 5 Million Jobs
Bloomberg - Jill Ward
Over five million jobs will be lost by 2020 as a result of developments in genetics, artificial intelligence, robotics and other technological …
Cuomo raises minimum wage to $15 for NY state university workers
CNN Business - by Jeanne Sahadi
New York State Governor Andrew Cuomo said Monday the minimum wage paid to New York state university workers would be raised gradually to $15 an hour over the next few years. The move is expected to raise
Cash is king. It's better than stocks or bonds in 2015
CNN Business - by Heather Long
The smartest investors this year have been in cash. For the first time since 1990, cash is outperforming stocks and even most bond funds, according to Bank of American Merrill Lynch. "Cash is king," declared
Get this: Americans ARE spending their gas savings
CNN Business - by Heather Long
The average American driver saved $360 this year on gas -- nearly a dollar a day. So what are people doing with that "extra" money? Americans claim they have been saving it, but that may be a fib. When
Oil's wild ride isn't over yet
CNN Business - by Ivana Kottasova
If you're waiting for calm in the oil market, don't hold your breath. More volatility lies ahead and a supply glut will persist next year, despite signs of falling U.S. production, the International Energy
Putin's air strikes in Syria stir up oil prices
CNN Business - by Matt Egan
Vladimir Putin's military campaign in Syria is stirring up trouble in the Middle East -- and jacking up oil prices in the process. T. Boone Pickens, the billionaire oil man, believes that's exactly what
Truck drivers wanted. Pay: $73,000
CNN Business - by Patrick Gillespie
America needs a lot more truck drivers. There will be a shortage of nearly 50,000 truckers in the United States by the end of this year, according a new report by the American Trucking Associations (ATA).
In North America's Costliest City, Rich Chinese Take the Blame
Bloomberg - Jeremy Van Loon
James Hankle, a 50-something software engineer sporting blue jeans and a Green Party T-shirt, is explaining his fix for Vancouver’s runaway property …
Trading
Four Ways Currency Rigging Transformed the $5.3 Trillion Market
Bloomberg - Lananh Nguyen
A price-rigging scandal involving some of the biggest banks in the $5.3 trillion-a-day foreign-exchange market is filtering through to customers, …
Doom and gloom is all the rage on Wall Street. Time to buy?
CNN Business - by Matt Egan
Optimism has gone out of style on Wall Street. That's so 2014. Doom and gloom is all the rage these days. Carl Icahn is bracing the world for a "bloodbath." The IMF is warning higher interest rates could
When will technology be able to predict crimes like the Oregon shooting?
CNN Business - by Hope King
A few decades from now, experts hope that algorithms and artificial intelligence will get good enough to help law enforcement officials prevent crimes like Thursday's shooting in Oregon. Hitachi announced
Los Angeles, CA
Almost Half of Homes in New York and D.C. Are Now Losing Value
Bloomberg - Prashant Gopal
Almost half of single-family houses in the New York and Washington metropolitan areas are losing value, a sign that buyers' tolerance for high prices …
Oil
Oil Warning: The Crash Could Be the Worst in More Than 45 Years
Bloomberg - Tom Randall
Morgan Stanley has been pretty pessimistic about oil prices in 2015, drawing comparisons with the some of the worst oil slumps of the past three …
There's Another Huge Solar Flare Coming
Bloomberg - Brian K. Sullivan
A severe geomagnetic storm sparked by a solar flare swept the Earth Monday and a second is forecast to strike late Wednesday afternoon. While that’s …
The Hunt for the Financial Industry's Most-Wanted Hacker
Bloomberg
In any global outbreak, it’s important to identify Patient Zero. In the movies, you get a leggy Gwyneth Paltrow. In the nine-year online epidemic …