Why one-third of American working-age men could be displaced by robots
Market Watch | Jobs that don’t require advanced education will be replaced by automation, displacing low-wage, low-skilled workers.
Tag: Money Watch
While Germany spends 93 billion on asylum seekers, its pensioners are increasingly poor
Voice Of Europe | The German taxpayer is paying billions for the 1.5 million asylum seekers that arrived into the country. In 2016 already 93 billion euros were reserved for the years to come.
Europe Keeps Buying Iran Oil, But Banks May Hinder Trade
OilPrice.com | Outside Europe, one of Iran’s single biggest customers—China—has already reassured Tehran that it would continue to import its crude.
An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem
Wirepoints | An audible gasp went out in the breakout room I was in at last month’s pension event cosponsored by The Civic Federation and the Federal Reserve Bank of Chicago.
Apple and Goldman Sachs ‘will launch a joint credit card’ early next year in a bid to challenge high street banks
Daily Mail | Apple is working with Goldman Sachs on a credit card that will carry the iPhone maker’s digital wallet logo.
2.2 Million Fewer People on Food Stamps Under Donald Trump
Breitbart | The continued decline in enrollment during Trump’s first full year is on pace with the steady decline in Supplemental Nutrition Assistance Program (SNAP) participation since 2013.
Jobless Claims Remain Near 48-Year Low
Breitbart | Fewer Americans joined the ranks of the unemployed last week than economists expected.
Another Facebook investor turned up the heat on Mark Zuckerberg for running the company like a ‘dictatorship’
Business Insider | Another Facebook shareholder has called for an overhaul of the way the company is run, saying its current share structure operates like a “dictatorship.”
Australia Bans Payments Over $10k, Unleashes “Mobile Strike Teams” In War On Cash
Zero Hedge | Australia’s government has introduced an economy-wide payment limit of $10,000 for transactions conducted in cash.
Nancy Pelosi Promises To Raise Taxes If Dems Take Over In Midterm Elections
Mac Slavo | Nancy Pelosi has promised that Democrats will work to roll back the tax cuts enacted by president Donald Trump if her party takes over after the midterm elections.
Stagflationary Crisis: Understanding The Cause Of America’s Ongoing Collapse
Brandon Smith | It is at times frustrating, but also interesting, to witness the progression of the mainstream’s awareness of economic crisis within the U.S. over the years.
Here’s How Much Marijuana Costs In The United States Vs Canada
Priceonomics | A tidal wave of change is hitting the cannabis industry in both the United States and Canada.
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
Bloomberg | Behind the guards, the blast doors and down corridors of reinforced concrete, sit the encrypted computer servers — connected to nothing — that hold keys to a vast digital fortune.
Oil hits 3-1/2-year high after U.S. quits Iran deal
Reuters | Oil prices rose more than 3 percent on Wednesday.
$25,000 Robot Barista Can Make 120 Cups Of Coffee An Hour
Zero Hedge | A San Francisco company has created a $25,000 robot barista that can crank out 120 allegedly good cups of coffee per hour.