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2 Harvard students built a company that will do your chores for you, and it's made money since day one

The two women hired someone off of Craigslist to come do their laundry and buy their groceries weekly, and then they split the cost.<p>The woman they hired, Jenny, came to their apartments to take care of errands that would otherwise pile up. This would eventually evolve to become their company, …

Do You Have a Digital Estate Plan for Your Online Assets?

<b>Updated February 2017</b> — In this digital age, people amass an electronic wealth of sorts in social media sites, photo-sharing sites, and online …

15 ‘high-quality’ dividend stocks with yields of up to 13%

If income is your investment objective, the deck is stacked against you, as interest rates remain velcroed to record lows. But there are attractive …

investment

How 'robo-investing' is managing money for the masses

<b>"Robo-investing" - using computer algorithms rather than humans to manage your investments - is a white-hot sector attracting lots of start-up cash.</b><p>There are now several companies here in the US promising that their algorithms can get more bang for your investment buck at a fraction of the price …

Amazon launches free streaming music service for Prime members

It looks like the rumors were true: Amazon has just launched Amazon Prime Music with a million-plus songs and unlimited streaming with no ads or restrictions. As we noted earlier, the service is free to Prime members (only in the US for now) who've paid $79 to $119 for a subscription, and Amazon …

The science of jet lag... and how best to beat it

It’s the curse of the long-distance traveller: how to stay awake in New York when your body is telling you it’s in London.<p>Jet lag is exhausting, disorientating, and can even make you lose your appetite and libido.<p>According to Air & Space magazine the term “jet lag” may have been first coined in …

Pantera, Fortress create a bitcoin fund

Fortress Investment Group LLC suffered a loss on bitcoin last year. Now the hedge fund firm is diving in even deeper.<p>In a fresh sign of the interest …

Hedge Funds

This company wants to help you escape your terrible corporate job

After three years of working at Ernst & Young in London as a management consultant, Dominic Jackman felt unfulfilled and decided it was time for a change. In 2009, he asked his boss for a sabbatical but was told “no.” In the past three months, six of his colleagues had also asked for sabbaticals …

Goldman Sachs

A Map Of America's Future: Where Growth Will Be Over The Next Decade

The world’s biggest and most dynamic economy derives its strength and resilience from its geographic diversity. Economically, at least, America is not a single country. It is a collection of seven nations and three quasi-independent city-states, each with its own tastes, proclivities, resources and …

The Rise Of The Renting And Sharing Economy Could Have Catastrophic Ripple Effects

Now, "rent" is becoming the new "own," according to market strategists at ConvergEx Group, who warn that the ripple effects of such a trend could be "catastrophic."<p>"Americans of every demographic are flocking to services like Airbnb, Taskrabbit, and Bag Borrow or Steal for one overwhelming reason: …

Housing

Diversification: Why Not Put Everything in Whatever Will Go Up the Most?

The U.S. markets are doing well this year. Many other asset classes are not. The S&P 500 was up 16.9% at its peak on June 18. Then it dropped 2.9% in the last 10 days of the quarter. This gain in the U.S. markets has some people questioning the merits of a global portfolio. But the track record of …

The Economic Cost of Hangovers

Excessive boozing costs the economy about $1.37 in lost productivity for each drink consumed.<p>Reuters<p>The Fourth of July is beer's annual breakout party, with weekly sales often surpassing $1 billion around Independence Day. So when the Fifth of July falls on a weekday like this year, employers are …

E-cigarettes: Is a smoking alternative being choked by regulation?

<b>Dozens of countries are introducing legislation restricting the use of electronic cigarettes, but their proponents say they are harmless and their use could in fact save millions of lives. Could they be right?</b><p>A group of friends sits around a table in a pub in south London, exchanging stories and …

The 50 Funniest People Now

50<p>Michael Che<p>Born and raised on the Lower East Side, 29-year old Michael Che has risen quickly through the New York standup ranks thanks to a style …

Comedy

The complete US jobs report for June in two simple charts

The US economy <b>added 195,000 jobs in June</b>, beating expectations, and the unemployment rate was <b>unchanged at 7.6%</b>. Here’s the breakdown of employment status for all Americans age 16 and above:<p>Here’s what job creation and loss looked like in various industries last month:

Jobs Report

“10 Bets You Will Always Win” And Why

Professor Richard Wiseman, creator of the popular “10 Bets You Will Always Win” series on YouTube, talks about the psychology that makes these bets nearly foolproof.<p>The ideal audience for illusion is neither a child’s birthday party nor whatever section of the Luxor in which Criss Angel has his …

10 Mental Math Tricks That Will Make You Wildly Popular At Parties

The best part is, you can totally be that guy at the party with a little practice and preparation.<p>What follows is 10 math tricks you can memorize, practice or internalize so you can whip them out anywhere to dazzle those around you, whether it's the trading floor or a cocktail party.<p><i>Eric Platt</i> …

10 Incredibly Simple Things You Should Be Doing To Protect Your Privacy

Over the weekend, I wound up at Washington, D.C.’s Trapeze School with a group of friends. Before one of them headed up a ladder to attempt a somersault landing from the trapeze bar, she handed me her phone and asked me to take photos. “What’s the password?” I asked. “I don’t use one,” she replied. …

Anglo-EU Translation Guide

via Andy, from London

20 Brilliant Bookshelves for Modern Bookworms

As the famous saying goes, <i>I like big books and I cannot lie</i>. Even though we may take in most of our reading via an iPad or Kindle these days, we are still bookworms at heart. The warmth and character of a well-worn or brand new book is hard to beat. But those books of yours need a good home. Here …

The secret to a higher salary is to ask for nothing at all

Twenty years ago, I developed a powerful approach to negotiating that goes beyond “win-win.” It involves starting by offering the most and asking for the least. It works extremely well, but I was unable to explain why until I read Wharton professor Adam Grant’s excellent new book <i>Give and Take</i>.<p>Adam …

Employment

SHILLER: 'We're Living In A Totally Artificial Real Estate Economy'

"One thing that makes it very hard to forecast home prices right now is that we're living in a totally artificial real estate economy," said Shiller, co-creator of the Standard & Poor's/Case-Shiller Index, a widely followed measure of housing prices.<p>Shiller pointed to the Federal Reserve, which …