Chris Demecs

218 Flips | 1 Magazine | 2 Likes | 9 Following | 8 Followers | @CDem83 | Keep up with Chris Demecs on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Chris Demecs”

Asian stocks rise with Wall Street, eyes on Fed

TOKYO (AP) — Asian stocks swung upward early Wednesday, cheered by a surge in U.S. stocks buoyed by solid earnings, but investors were also waiting …

Chinese teens beat U.S. peers in money smarts

Chinese teenagers in Shanghai know more about money than American kids. So do teens in Estonia.<p>In fact, in a recent test that measured financial literacy of 15 year olds, U.S. teens ranked in the middle of the pack, alongside Russia and Latvia.<p>The test, administered by the OECD, tested knowledge of …

Why is BlackBerry's stock up 45% this year?

BlackBerry is far from what it used to be, but based on its stock performance this year, the smartphone maker isn’t ready for a burial just …

The Single Most Important Habit of Successful Entrepreneurs

Find out how the presence or absence of just one critical habit can determine your business success or failure.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p><i>In his book</i> No B.S. Time Management for Entrepreneurs<i>, business coach and consultant Dan Kennedy reveals the steps behind</i> …

Entrepreneurship

Don't take meetings sitting down, study says

We've already heard about the miracles of standing while you work (less back pain, improved focus, more energy). Now researchers are suggesting that standing is more than just the ideal way to work solo at your desk. It can also improve meetings, making them more collaborative.<p>Professors at the …

Twitter just hired Goldman Sachs’ former top tech banker

The former top tech banker at Goldman Sachs just became the second-most-powerful executive at Twitter.<p>Twitter announced this morning that Anthony Noto, 46, has replaced Michael Gupta as chief financial officer. Gupta will assume the role of senior vice president, strategic investments. The shakeup …

Facebook treats you like a lab rat

You can be angry and upset with Facebook after it manipulated its users' emotions as part of a study. But you shouldn't be surprised.<p>After all, experiments on users are commonplace on the Web. We are lab rats in Internet mazes.<p>The most common kind of Web experiment conducted on users is called an …

How to Invest Without Putting Money Into the Stock Market | The Art of Manliness

<i>Editor’s Note: This is a guest post from Jeff Rose.</i><p>As a financial planner, I spend a great deal of my time advising clients on how and where to …

TBS Celebrating ‘Seinfeld’ 25th Anniversary with Most Famous Episodes

To celebrate <i>Seinfeld</i>‘s 25th anniversary, TBS will add an extra hour of nothing to their programming block as they air the 25 most famous episodes …

The FAA Just Shot Down Amazon's Drone Delivery Service

The report doesn't mention Amazon Prime Air by name, but outlines the acceptable use of drones (which it calls "model aircraft") within the limits of hobbying and recreation.<p>"Clearly, commercial operations would not be hobby or recreation flights," said the FAA report. "Likewise, flights that are …

'iPhone 6 production starting next month'

Apple's new larger-screened iPhone 6 is rumoured to be heading into production as early as next month<p><b>Apple</b>'s next <b>iPhone</b>, which is said to feature a larger screen than previous incarnations, is reported to be heading into production next month.<p>The next model, dubbed the iPhone 6, will come in two …

Mobile Technology

Google's smart home springs to life: Mercedes, Jawbone, & more tap new Nest API

Google today debuted the Nest smart thermostat developer API with launch partners Mercedes-Benz, Jawbone, IFTTT, Logitech, LIFX, and Whirlpool.<p>Nest announced plans to debut a developer program last year. At that time, Nest senior product manager Greg Hu stressed that Nest always intended to offer a …

Aerofex hoverbike could be yours by 2017

Aerofex's hoverbike made a pretty big splash when the Californian company showed off its working prototype all the way back in 2012, but then it went eerily silent. Now, Aerofex has finally revealed a launch date and price: it'll cost $85,000 and ship in 2017, according to its website.<p>"Where you're …

Fitness App Usage Is Growing 87% Faster Than The Overall App Market

A new report from Flurry Analytics shows that health and fitness apps are growing at a faster rate than the overall app market so far in 2014. The analytics firm looked at data from more than 6,800 apps in the category on the iPhone and iPad and found that usage (measured in sessions) is up 62% in …

Want to succeed in business? Then play high school sports

Those dumb jocks may not be so dumb after all.<p>Two new studies found that past participation in high school sports helps youngsters develop a host of …

Average 30-year mortgage rate drops to 4.17%

WASHINGTON (AP) — Average U.S. rates on fixed mortgages eased slightly this week, remaining near historic lows.<p>Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year loan declined to 4.17% from 4.20% last week. The average for the 15-year mortgage dipped to 3.30% from 3.31%.<p>Rising …

Sochi Olympic organizers post $261m profit

MOSCOW (AP) — The Winter Olympics in Sochi posted a provisional surplus of $261 million, Russian organizers said Thursday.<p>The figure is $119 million …

The Chinese multinational making millions out of vulnerable Ugandans

On the corner of a bumpy, red-soil road in the rural town of Iganga in eastern Uganda, there lies a small store. A handful of people mill around the entrance in the glaring sun, waiting for their turn to enter. They are the main source of activity on this placid street, but their patient presence …

Here's The Ultra-Simple Explanation Of What The Fed Is Doing

<i>"The Fed, whether run by Ben Bernanke or Janet Yellen, is in no rush, after so many head fakes over the last four years, to jeopardize the recovery by tightening too soon or reducing accommodation too quickly. That's it. Full stop."</i><p>That's from Dan Greenhaus at BTIG (@danBTIG) and we think it's the …

Ben Bernanke

Blackberry shares jump on surprise $23m profit

<b>Shares in Blackberry closed up 9.6% on Wall Street after the troubled smartphone maker reported a surprise profit.</b><p>Net profit for the three months to the end of March was $23m (£14m), compared with an $84m loss a year earlier. Revenue was down 69% at $966m.<p>Cost-cutting and higher profit margins …

Profit

Pakistan Army Launches Operation Against Terrorists After Airport Attack

ISLAMABAD, Pakistan — The Pakistani government launched a long-expected military operation against terrorists in the North Waziristan region on Sunday, just one week after militants killed at least 38 people in an all-night battle at the nation’s busiest airport.<p><b>Sign up for breaking news alerts</b> …

'22 Jump Street' is top of the class in box office derby

The cops are beating up the dragon.<p>"22 Jump Street," the sequel to the hit about two inept cops who infiltrate a high school, seems to have scored a triumph in the clash of the sequels in this weekend's box office. The new film got off to a solid lead over "How to Train Your Dragon 2," taking in an …

Chinese investors buying up U.S. golf courses

Eight years ago, Du Sha cashed out his chain of home-improvement centers — the first superstores of their kind in China — with a sale to Home Depot for $100 million.<p>Today, with a net worth of more than $600 million, the former economics professor has taken up the conventional pastime for those with …

Dubai faces moment of truth over looming property bubble

DUBAI (Reuters) - “Keep calm. There’s no bubble”, proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising.<p>A general view shows Dubai's cityscape September 24, …

Master the Art of the Summery Sunday Supper With These Light & Bright Recipes

A classic Sunday supper doesn't have to mean heavy, hearty braised meat—try these lighter, fresher projects for dinner this weekend.<p><b>We love hunkering down to tackle a big recipe on winter weekends</b>. But just because the weather's hot and steamy up doesn't mean you can't tackle a stellar dinner …

There Might Be Important Health-Related Reasons For You To Get Out of Debt

That will certainly lessen the financial and psychological pressure on people struggling to repay those loans, but it may affect people's health in other unexpected ways too.<p>We've known for a long time that debt is associated with mental health problems like depression and with higher suicide …

Mental Health

Apple CEO Tim Cook Described As Less Hands-On, More Interested In Broad Implications With iWatch

Apple CEO Tim Cook is the subject of a new profile in the New York Times today, and the profile includes plenty of background information about the executive and his commitment to human rights and environmental issues. But it also contained some information about the rumored iWatch project, how …

Job openings soar to highest since 2007

Job openings in April soared to their highest level in almost seven years in another sign of the labor market's growing strength.<p>Employers recruited candidates for 4.5 million open jobs in April, up from 4.2 million in March and the most since September 2007, the Labor Department said …

World Cup Brazil Will Generate $4 Billion for FIFA, 66% More Than 2010 Tournament

How big of a business is soccer’s quadrennial tournament for FIFA (International Association of Federation Football), the sport’s international governing body?<p>World Cup Brazil will generate $4 billion in total revenue for FIFA, or 66% more than the previous tournament in South Africa in 2010. The …