Prince

22 Flips | 1 Magazine | 4 Likes | 3 Following | @princejb134 | Keep up with Prince 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 “Prince”

$2 trillion underground economy aids recovery

The growing underground economy may be helping to prevent the real economy from sinking further, according to analysts.<p>The shadow economy is a system composed of those who can't find a full-time or regular job. Workers turn to anything that pays them under the table, with no income reported and no …

Why China Cannot Lead The Global Economy

The 19th century was the British century. The 20th century was the American century. Will the 21st Century be China’s century?<p>Most likely not, as China misses four conditions that make economic growth sustainable.<p>First, China doesn’t have an “infinite” world market frontier for its manufacturing …

Search

FORTUNE — One of the most frequent complaints about Netflix (fair or not) is the supposed paucity of titles available for streaming. That complaint is about to get louder and more frequent because about 1,800 titles will be pulled because Netflix’s (NFLX) licensing agreements for them are expiring …

Xbox 720 will do without IllumiRoom at launch, Microsoft confirms

Microsoft’s IllumiRoom technology, which turns your living room into an augmented reality gaming arena by expanding graphics from the confines of …

Rethinking Apple: Growth Stock, Value Play — Or Both?

If you’re an Apple stockholder, there’s good news and bad news.<p>The good news is the stock is once again an attractive investment — especially after …

If MBAs are useless, we’re all in big trouble

<i>Quartz Debate: The author of this piece debated the merits of an MBA with Quartz contributor Jay Bhatti.</i><p>MBAs–both the degrees and the people who have them–are an obsolete waste of time and money. An irrelevant recipe for failure. At least that’s what all the cool entrepreneurs and venture …

Innovation

New Study Says You Can Predict The Stock Market With Google!

But new research finds the financial world doesn't just respond to the Internet; the Internet can also predict what the stock market will do. The research isn't the first to find such online clairvoyance. For example, Google may even be able to predict medication side effects before doctors can, …

Google can help you time the market

Trying to predict when stocks will go up or down? Google may have the answer.<p>New research published in the journal Scientific Report shows that you can use Google Trends to track the search volume of important financial terms, which can indicate whether markets are set to rise or fall.<p>Researchers …

Tim Cook teases 'exciting new product category' and 'more surprises' from Apple in the fall

During Apple's Q2 investor call, CEO Tim Cook teased "the potential of exciting new product categories," and suggested that the company will announce new products in the fall. "We've got a lot more surprises in the works," Cook said. "Our teams are hard at work on some amazing new hardware, …

One Boston Marathon suspect killed; second suspect, his brother, on loose after firefight

With a bomb strapped to his chest, one of the Boston Marathon suspects was killed early Friday after he and his accomplice brother robbed a 7-Eleven, shot a police officer to death, carjacked an SUV and hurled explosives in an extraordinary firefight with law enforcement, authorities told NBC …

Debt's impact on growth: Latest study doesn't settle debate

When a country's debt levels are very high, it's typically associated with slower economic growth compared to periods when a country's debt is lower.<p>That's what various research has shown over the past few years, and it still holds even after a new study released this week has called into question …

China lays bare its military might with an attack on US ambition

China has laid bare the scale of its rapidly expanding military might for the first time in a white paper arguing the American "pivot to Asia" was destabilising the region.<p>The People's Liberation Army, or PLA, boasts some 850,000 officers spread across seven regional commands, according to the …

China

Tax Day: The Obamas' 'tax receipt'

It's that time of year again - tax day, the dreaded deadline for Americans to file their returns.<p>It's also the day each year when the White House posts its estimated tax-receipt calculator, where Americans can plug in a few numbers and see where the federal government is spending their …

Joe Scarborough Goes On Huge Rant Over Obama's Tax Rate: 'The Hypocrisy Is Mind-Boggling'

Scarborough noted the conflict between Obama's statements on the campaign trail last year — when he routinely blasted Republican Mitt Romney for his low tax rate — and Obama's effective rate last year.<p>"He's paying a tax rate far lower than what a teacher pays. I'm speaking slowly so this sinks in. …

Why Cutting Social Security Benefits Is Such a Big Deal

Last week President Obama announced a budget that includes something called "Chained CPI" as a way to reduce Social Security benefits. I will not support it. And will not vote for any plan that includes cuts to benefits Americans have earned. The proposal has already sparked large protests by …

Retirement

The Budget Speech Obama Didn't Give

There are two paths to deficit reduction. One is slash and burn. We cut the investments that the country needs. We weaken the purchasing power of seniors. We end up with lower household income, a slower rate of growth and we get the grim satisfaction of budget balance in a weaker and poorer …

Retirement

The Upside of Taxes

April 15 has never been considered a day for celebration, and it's especially tough to pay taxes when so many of us are struggling financially.<p>But the real problem isn't taxation. Ourreal problem is the new "bipartisan" drive toward austerity, a mad obsession which runs against the 75-year …

Amazon's Letter To Shareholders Should Inspire Every Company In America

Late last week, Amazon CEO Jeff Bezos published his latest letter to shareholders.<p>This year's letter, like most of Bezos' letters, should inspire most companies to change the way they do business.<p>Specifically, it should inspire companies to do business the way Amazon does business — sacrificing <i>this</i> …