nvsrdy5

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Uber car service twists sharing economy into ‘sucker’s economy’

Fans at a San Francisco music festival last weekend got a rude awakening in how much Uber and other car services can cost in times of high demand, …

Golden Gate Park

Africa's 7 Hottest Economies (and How You Can Invest in Each One)

The World Bank released its latest Global Economic Prospects report this month, and it suggests sub-Saharan Africa will again be among the …

Video: DigitalRev Shows You that DSLRs Under $100 Can Still Get the Job Done

Photography can be an expensive hobby to get into. With most DSLRs nowadays coming in at around $400 for even the lowest of consumer level cameras. …

Portraits of people living on a dollar a day – in pictures

More than a billion people around the world subsist on a dollar a day, or less. The reasons differ but the day-to-day hardship of their lives are very similar. A book by Thomas A Nazario, founder of the International Organisation, documents the circumstances of those living in extreme poverty …

10 Lessons I Learned from a Year of Productivity Experiments

Over the last 12 months I have conducted countless productivity experiments on myself, interviewed some of the most productive people in the world, …

Time Management

Make No Mistake, You're Being Targeted, Profiled And Mined

Big brother is watching you and his siblings, Mom, Dad and likely his Uncle Fester too. Did you really think Google was the only one “Scroogling” you? Microsoft is definitely doing it; they’re just more subtle about it. Facebook, LinkedIn, and that favorite website you hit every morning are getting …

For Many Americans, ‘Temp’ Work Becomes Permanent Way of Life

For Americans who can’t find jobs, the booming demand for temp workers has been a path out of unemployment, but now many fear it’s a dead-end route.<p>With full-time work hard to find, these workers have built temping into a de facto career, minus vacation, sick days or insurance. The assignments …

Boston College

The Next America

Two Dramas in Slow Motion<p>Demographic transformations are dramas in slow motion. America is in the midst of two right now. Our population is becoming …

Zidisha Launches A Kickstarter-Style Micro-Lending Platform For Low-Income Entrepreneurs In Developing Countries

When it comes to lending and borrowing money, banks have long been at the center of the equation. However, with the proliferation of new information technologies, mobile devices and the good old Web, new methods of borrowing and lending have emerged that are slowly toppling the bank-centric model. …

Eskom CEO calls for ‘super grid’ to power up sub-Saharan Africa

Nigeria central bank head Lamido Sanusi ousted

<b>Nigeria's central bank governor Lamido Sanusi has been suspended by the president for "financial recklessness and misconduct".</b><p>Mr Sanusi caused shockwaves in Nigeria when he alleged that $20bn (£12bn) in oil revenue had gone missing.<p>Nigeria's state oil firm has denied failing to account for the …

Africa

Three Forces Aside From Bad Weather Are Likely Playing A Role In The Latest Economic Slowdown

The recent slowdown in economic activity has many investors reassessing the positive outlook on the U.S. economy that seemed to be the consensus view headed into 2014.<p>Unseasonally harsh winter weather has caused disruptions across the country over the last two months, and has been assigned some of …

Markets

Associated Press News

Banks Balk at Marijuana Money Despite U.S. Guidelines

The Obama administration has sent a message to the nation's bankers: Even though the sale of marijuana is a federal crime, they can provide service to this new industry without fear of prosecution, but only if the bankers follow a detailed list of guidelines.<p>Many praised the move as giving …

Cannabis

Cutting immigration will fuel debt, Chote warns ministers

<b>Britain's debt is likely to go up if David Cameron meets his key immigration target, the government's independent economic forecaster has warned.</b><p>No 10 wants to cut net migration into the UK to below 100,000 a year by 2015.<p>But Robert Chote said this would result in a "somewhat worse" fiscal position.<p>…

Immigration

How successful people make themselves luckier

The two most important days in your life are the day you are born, and the day you know why.<p>Unfortunately for some people, that second day never occurs. For lucky people, though, the second day—the day you know why—is often described as a personal epiphany. The most successful people have a clear …

Success

The Chinese Have Bought Out An Entire Country's Oil Sector

Finding themselves largely shut out of credit markets since defaulting on $3.2 billion in debt in 2008, Ecuador turned to China.<p>In exchange for covering 61% of the country's $6.2 billion financing needs in 2013, China last November secured the rights to up to 90% of Ecuador's oil shipments in …

Oil

Final salary and the death of pensions the world envied

The Government’s latest plans sound the death knell for schemes once seen as unrivalled. We explain how final salary schemes were killed off<p>Generous company pensions where workers’ retirement income is linked to their last wage are “dead and gone” - and the Government’s dramatic proposals to reform …

Bill Gates: The Internet Won't Save the World

This article is from the archive of our partner .<p>When Mark Zuckerberg unveiled his intention to provide Internet to the two-thirds of the world …

For CFOs, It's No Longer Only About the Money

Over the past two decades the role of the corporate CFO has evolved from simply a numbers guru to a big-picture thinker involved in nearly every facet of the company.<p>This transformation has been significantly accelerated by the financial crisis, which sent companies large and small scrambling to …

Wisdom from a MacArthur Genius: Psychologist Angela Duckworth on Why Grit, Not IQ, Predicts Success

Creative history brims with embodied examples of why the secret of genius is doggedness rather than “god”-given talent, from the case of young Mozart’s upbringing to E. B. White’s wisdom on writing to Chuck Close’s assertion about art to Tchaikovsky’s conviction about composition to Neil Gaiman’s …

Nate Silver on Finding a Mentor, Teaching Yourself Statistics, and Not Settling in Your Career

Perhaps no one has done more for the cause of data-driven decision-making in the minds of the public than Nate Silver. His book, The Signal and the Noise, explains the power of statistical modeling to improve our predictions about everything from the weather to sports to the stock market. Data …

Nigerian Oil Tycoon Kola Aluko Supports AfDB's $500 Million African Development Fund

Nigerian oil magnate Kola Aluko and Ghanaian-born British fashion designer Ozwald Boateng were among dignitaries who joined the launch event of <i>Africa50′s</i> Project development vehicle, a $500 million African infrastructure project development fund founded by the African Development Bank …

All the Reasons Why JP Morgan May Be Facing the Biggest Bank Fine Ever

Regulators want the bank to pay $11 billion to possibly settle investigations touching on everything from mortgage fraud to the Madoff scandal.<p>On Tuesday (Sept. 24), the Wall Street Journal reported that JP Morgan was offering the government $3 billion to settle (paywall) an unspecified number of …

Meet The Entrepreneur Who Wants To Disrupt Western Union And Fix A Half-Trillion Dollar Economy

Why should you have to cash a check, wait in line, use a calling card, and pay high fees just to send money to your family abroad? Edrizio De La Cruz was sick of it, and now he’s hatched a much easier way.<p>For a system that moves half a trillion dollars around the globe each year, remittances are …

Happiness: the next big business metric?

Happiness is gaining popularity as a measurement of success for governments – and for some businesses, including Zappos, Southwest and BT<p>Whether it's words of wisdom from the Dalai Lama, guidance from an empathetic career counselor or advice from a friend, we're often told that it's more important …

Self-improvement

How the Internet is killing innovation

<i>Rob May is CEO and cofounder of Backupify.</i><p>I believed the same lies that you still believe, for a long time. I was in college during the early days of the World Wide Web, and like others, I rejoiced in the incredible access to knowledge it provided, and diversity of thought it promoted. So when I …