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The World’s Hottest Economies

The World’s Hottest Economies

French manufacturing appears to be making a comeback. The country’s manufacturing Purchasing Managers Index, a survey-based indicator of momentum in the goods-producing sector compiled by Markit, posted the biggest rise of any major economy in the first quarter of 2014, … Continued

Top Incomes Can Be Fleeting

Top Incomes Can Be Fleeting

There are few lifetime memberships in the exclusive club of high-income taxpayers. In fact, there’s a lot of turnover in the top 1%, entry into which took at least $389,000 of adjusted gross income in 2011 — a threshold met … Continued

Icelanders can now each claim $400 worth of Auroracoin, the country’s new digital currency

Icelanders can now each claim $400 worth of Auroracoin, the country’s new digital currency

At midnight this morning in Iceland, digital currency fell from the sky. The developer behind Auroracoin, a digital currency designed exclusively for Iceland, has made $125 million worth of coins redeemable by Iceland’s 330,000-or so citizens. That’s about 31.8 Auroracoins, … Continued

A Guide To Tax Deductions For Freelancers

A Guide To Tax Deductions For Freelancers

Freelancing can be stressful during the best of times—but it’s never more so the case than at tax season. By some counts, there are as many as 42 million independent workers in the U.S. today. But come spring, whether you’re … Continued

Banking without banks

Banking without banks

SAVERS have never had a worse deal but for most borrowers, credit is scarce and costly. That seeming paradox attracts new businesses free of the bad balance sheets, high costs and dreadful reputations which burden most conventional banks. Foremost among the newcomers … Continued