MIT student John Kestner developed three prototype wallets that automatically connect to your bank account and physically change in response to your balance. One “un-abstracts” your digital spending based on vibration, one via resistance, and one by size. Kestner says a commercial version is in early development.
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Google’s self-driving car is a way off, so imagine we start simpler. You’re stuck in traffic on the way to work, as you are every morning. Glance around and even those responsible rides with multiple passengers have one frustrated driver just like you – tapping the gas, hitting the brake, […]
Comscore numbers for December 2010 in the online finance vertical: Beet TV’s Andy Plesser published this chart comparing Bloomberg, AOL Money, MSN Money and CNN Money since last summer: And here’s an interview Plesser recently conducted with Bloomberg’s head of global Web properties, Kevin Krim, on the company’s ambitions for […]
The Wall Street Journal reports (emphasis added): Over the two years ending September 2010, Americans withdrew a net $311 billion — or about 1.4% of their disposable income — from their savings and investment accounts, according to the Federal Reserve. That’s a sharp divergence from the previous 57 years, during […]
Here’s a great new Whiteboard from Marketplace’s Paddy Hirsch, illustrating the danger of a double dip recession and where we now stand in the process: Double-dip recession from Marketplace on Vimeo.
Goldman Sachs’ partners are its highest executives and its biggest stars. An examination of filings by The New York Times’ Dealbook and Footnoted reveals the power and wealth of this secretive group.
Improv comedian Craig Rowin gets the million dollars he asked for – Mediaite Woody Allen: Money can buy happiness – as if – New Yorker 6 money management lessons from a 107 year old man – BankRate LivingSocial’s Amazon deal: 1.3 million takers and counting; its biggest deals before this […]
By Eric Falkenstein, who adds: “This is a critique of asset pricing theory. Some knowledge of the empirical issues in academic finance are required for it to make sense. It’s a substitute for Cochrane’s Asset Pricing text.”
Starbucks debuted a new cold drink megasize, the Trenta, in 14 U.S. states yesterday. How big is it? Bigger than your stomach:
LifeHacker researched seasonal inventory patterns and product cycles for the most popular retail items, then produced this helpful guide to timing purchases to catch the best prices. Click to enlarge: Details on the reasons for each product being cheapest that month are available here.